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Ecommerce industry has proved to be a profitable option for manufacturers and retailers in 2021. Back in 2018, only 13.6% of sales came from online purchases. Today, that number is expected to reach 26.4% by the end of this year. <br><br>If you want to know how far ecommerce has come during the course of the decade, this visual asset is made for you! In this infographic, Techosquare has discussed the latest ecommerce industry and growth of 2021. <br><br>1. Online transactions<br>2. Device usage<br><br>Read the complete infographic to learn more about these facts and discover new ones.
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ECOMMERCE INDUSTRY & GROWTH STATS 2021 Discover how the e-commerce industry has evolved in the last decade! Online shopping has become popular worldwide with retail sales expecting to reach $5 trillion in 2021. COVID has given it further push! ONLINE TRANSECTIONS PayPal is the most preferred online payment and money transfer platform with 361+ million active users. The average PayPal user has a $485 balance in their account SALES GROWTH The B2B e-commerce sites sales are expected to reach $1.5 billion in 2021 at a 12.2% increase from the previous year. DEVICE USAGE Nearly 80% of the online shoppers use smartphones to look at product reviews, compare prices, and find alternatives. LAUNCH YOUR E-COMMERCE STORE Build your e-commerce store or multivendor marketplace using Swiftkart today! Not sure what to sell? Check out these niche business ideas. Email at info@techosquare.com to request pricing, features, and everything else www.techosquare.com | info@techosquare.com