According to estimates, Amazon claimed the top spot among online retailers in the United States in 2023, capturing 37.6 percent of the market. Second place was occupied by the e-commerce site of the retail chain Walmart, with a 6.4 percent market share, followed in third place by Apple, with 3.6 percent.
Amazon’s continued success
Amazon has long dominated the e-commerce market as the world’s favorite online marketplace. In 2022, company hit over half a trillion U.S. dollars in net sales. The United States is by far Amazon’s most profitable market, as the U.S. branch generated over 356 billion U.S. dollars in sales in 2022. Germany ranked second, with 33 billion dollars, followed closely by the United Kingdom with 30 billion dollars.
Online shopping on the rise
Online shopping has grown significantly over the past decade, with more people turning to the internet for their shopping needs. The proof is in the numbers: the U.S. e-commerce industry was worth almost a trillion dollars in 2023. By 2027, forecasts show that the online market will grow to more than 50 percent. U.S. online shoppers purchase fashion and food and beverages the most via the internet.
Alibaba was the top company worldwide in terms of gross merchandise volume (GMV) share across the web. The Chinese e-retail giant which provides consumers business-to-business (B2B), consumer-to-consumer (C2C), and business-to-consumer (B2C) e-commerce accounted for ** percent of the overall online GMV in 2023. Amazon ranked second, accounting for ** percent of overall online GMV.
In 2024, global retail e-commerce sales reached an estimated ************ U.S. dollars. Projections indicate a ** percent growth in this figure over the coming years, with expectations to come close to ************** dollars by 2028. World players Among the key players on the world stage, the American marketplace giant Amazon holds the title of the largest e-commerce player globally, with a gross merchandise value of nearly *********** U.S. dollars in 2024. Amazon was also the most valuable retail brand globally, followed by mostly American competitors such as Walmart and the Home Depot. Leading e-tailing regions E-commerce is a dormant channel globally, but nowhere has it been as successful as in Asia. In 2024, the e-commerce revenue in that continent alone was measured at nearly ************ U.S. dollars, outperforming the Americas and Europe. That year, the up-and-coming e-commerce markets also centered around Asia. The Philippines and India stood out as the swiftest-growing e-commerce markets based on online sales, anticipating a growth rate surpassing ** percent.
In 2022, the online shopping business with the largest market share in e-commerce was Coupang, with **** percent. Following was NAVER Shopping with a share of around **** percent in the e-commerce market.
In 2022, the ********** segment of the Indian e-commerce retail market accounted for ** percent of the total market share in India. This was followed by electronics and appliances with a market share of just over ** percent. The internet boom Reliance Retail leads the telecommunication revolution. Supported by its subsidiary, Jio, founded in 2007, which offers very cheap packages for mobile internet and SIM cards. Competitors like Bharti Airtel could hardly keep up, but finally adapted, offering similarly cheap packages. Affordable internet made it attractive for all social groups to explore the possibilities of the World Wide Web. The digitalization of government services through the Indian government’s initiative for a digital India further pushed the usage of the internet in India. From internet user to online shopper The triumphant advance of the internet in India entailed not only a new means of communication but also new opportunities for the market. Alongside the expansion of internet usage, the penetration of online shoppers increased. Although cash-on-delivery was a popular means of payment for online shoppers, digital payment methods expanded. Another expansion was pushed by the coronavirus pandemic in 2020. Due to the nationwide lockdowns, contactless online shopping appeared to be a safe alternative.
As of 2022, the e-commerce marketplace ******** had the highest market share of ** percent in the online retail market in India. The second-highest market share of ** percent was of Amazon India. The online marketplaces cover over ** percent of online sales in the e-commerce industry.
In 2024, Alibaba's e-commerce platforms accounted for approximately **** percent of China's e-commerce market, a slight decrease from the previous year. Pinduoduo overtook JD.com to become China's second-largest e-commerce platform in 2023.
Sales via online marketplaces represented the largest segment of the Kazakhstani e-commerce market in 2022, having occupied ** percent of the revenue. E-ticketing was the second-leading segment with a share of ** percent.
According to the report published by PPRO, the toys and hobbies segment accounted for around ** percent of China's e-commerce market in 2022. In comparison, fashion products took up a quarter of China's online market.
In 2022, Shopee had the largest share of the e-commerce market in Singapore at ** percent. This was followed by Lazada and Amazon, with an ** percent share of the market each.
Internet sales have played an increasingly significant role in retailing. In 2024, e-commerce accounted for over ** percent of retail sales worldwide. Forecasts indicate that by 2029, the online segment will make up close to over ** percent of total global retail sales. Retail e-commerce Online shopping has grown steadily in popularity in recent years. In 2024, global e-commerce sales amounted to over ************** U.S. dollars, a figure expected to exceed **** trillion U.S. dollars by 2028. Digital development in Latin America boomed during the COVID-19 pandemic, generating unprecedented e-commerce growth in various economies across the region. So much so that Brazil and Argentina appear to lead the world's fastest-growing online retail markets. This trend correlates strongly with the constantly improving online access, especially in "mobile-first" online communities, which have long struggled with traditioe-comernal fixed broadband connections due to financial or infrastructure constraints but enjoy the advantages of cheap mobile broadband connections. M-commerce on the rise The average order value of online shopping via smartphones and tablets still lags traditional e-commerce via desktop computers. However, e-retailers around the world have caught up in mobile e-commerce sales. Online shopping via smartphones is particularly prominent in Asia. By the end of 2021, Malaysia was the top digital market based on the percentage of the population that had purchased something by phone, with nearly ** percent having made a weekly mobile purchase. South Korea, Taiwan, and the Philippines completed the top of the ranking.
According to a report published by PPRO, the fashion segment accounted for around ** percent of the e-commerce market in Indonesia as of 2022. The electronics and media segment followed, with a market share of ** percent. The rise of e-commerce in Indonesia Along with the growing internet penetration in Indonesia, the coronavirus (COVID-19) pandemic has catalyzed the growth of e-commerce in Indonesia. During the pandemic, many consumers turned to e-commerce to get products and services due to extensive social and mobility restrictions imposed by the government. E-commerce has now become increasingly embedded in the daily lives of consumers in the country. A recent survey on online shopping frequency indicated that around ** percent of Indonesian consumers shopped online once a month, and around ** percent did so several times a week. In 2023, the e-commerce market in Indonesia was valued at ** billion U.S. dollars and is expected to reach *** billion U.S. dollars by 2030. Rising data privacy concerns Along with the increasing use of e-commerce in Indonesia, many Indonesian consumers are increasingly concerned about data breaches and privacy policies. While many consumers do not mind sharing very basic personal info to ensure smooth delivery, many consumers are unaware of the large quantity of personal information collected by e-commerce companies. This is one of the main factors discouraging consumers in Indonesia from shopping online. Stricter cybersecurity laws are needed to create a secure e-commerce environment for both businesses and consumers.
According to a report provided by PPRO, the electronics and media category dominated Vietnam's e-commerce market in 2022, comprising ** percent of the market share. Fashion, followed by food and personal care, ranked second and third with ***percent and ***percent market shares, respectively.
Shopify was the leading e-commerce platform in Denmark as of May 2025. The web-shop had a market share of ** percent and was followed by WooCommerce Checkout, which accounted for ** percent of the market. Around one in ten e-commerce websites used Wix Stores. What do Danes purchase online? Danes' favorite online purchases are clothes, sports, and leisure equipment. Nearly ***** in ten consumers bought these items in 2022, according to a survey. Similarly, over **** of respondents purchased event tickets via the internet. Online food delivery services, like takeout and restaurant-made meals, were also popular amongst online shoppers. A look at Nordic e-commerce Once shoppers returned to in-person stores after the height of the COVID-19 pandemic, e-commerce experienced a decline. In the Nordic countries, retail e-commerce generated roughly ** billion U.S. dollars in revenue in 2022. A decrease of nearly ***** billion euros compared to 2021. Comparing the year-on-year change, e-commerce revenue dropped ** percent between the fourth quarter of 2021 and the fourth quarter of 2022. Despite the current revenue dip, the long-term outlook for the e-commerce market in the Nordics remains positive.
In the first quarter 2025, the share of e-commerce in total U.S. retail sales stood at **** percent, up from the previous quarter. From January to March 2025, retail e-commerce sales in the United States hit over *** billion U.S. dollars, the highest quarterly revenue in history. How e-commerce measures up in total U.S. retail In 2024, the reported total value of retail e-commerce sales in the United States amounted to over ****trillion U.S. dollars—impressive, but the figure pales compared to the total annual retail trade value of ******trillion U.S. dollars. Rising e-commerce segments Online shopping is popular among all age groups, though digital purchases are most common among Millennial internet users. In 2022, around ** percent of Millennials purchased items via the internet. Mobile commerce is also growing in popularity, as consumers increasingly rely on their smartphones and mobile apps for shopping activities. In the fourth quarter of 2022, m-commerce spending made up ** percent of the overall online spending in the United States.
According to the report published by PPRO, the fashion segment accounted for **** of the e-commerce market in Hong Kong in 2022. Approximately ** percent of the online purchases were food and personal care products.
According to a report published by PPRO, the electronics and media segment accounted for ** percent of the e-commerce market in Singapore as of 2022. Singapore is one of Asia's more mature economies and e-commerce markets.
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The US e-commerce market, a significant segment of the global landscape, exhibits robust growth, driven by increasing internet penetration, smartphone adoption, and a shift in consumer preferences towards online shopping convenience. The market's Compound Annual Growth Rate (CAGR) of 14.70% suggests a substantial expansion, with a projected market value significantly exceeding its 2025 valuation within the forecast period (2025-2033). Key drivers include the rise of mobile commerce, the expansion of logistics and delivery infrastructure, and the increasing adoption of digital payment methods. Furthermore, the diversification of e-commerce offerings across various segments like beauty & personal care, consumer electronics, fashion & apparel, and food & beverage fuels this growth. The presence of major players like Amazon, Walmart, and Target underscores the market's competitiveness and maturity. However, challenges such as cybersecurity concerns, rising logistics costs, and the need for effective customer service strategies remain. The market segmentation reveals significant opportunities within specific categories; for instance, the beauty & personal care sector is expected to witness strong growth due to increasing demand for convenient online purchasing and personalized experiences. The US e-commerce market is geographically concentrated, with North America holding a substantial market share. However, regional variations exist, influenced by factors like consumer spending habits, digital infrastructure, and regulatory frameworks. Growth in regions beyond the core North American market will likely contribute significantly to the overall CAGR. The B2B e-commerce segment is also experiencing substantial growth, driven by businesses seeking streamlined procurement processes and improved supply chain efficiency. While precise figures for specific segments and regions are unavailable from the given information, it's evident that the overall market trajectory is positive, with promising prospects for both established and emerging players across diverse product categories. The future success within this dynamic landscape will depend on factors such as adapting to evolving consumer expectations, leveraging innovative technologies, and effectively navigating the complexities of the digital marketplace. Comprehensive Coverage USA Ecommerce Market Report (2019-2033) This in-depth report provides a comprehensive analysis of the USA ecommerce market, covering the period from 2019 to 2033. With a focus on the B2C ecommerce market size (GMV) and B2B ecommerce market size, this study delves into key market segments like Beauty & Personal Care, Consumer Electronics, Fashion & Apparel, Food & Beverage, Furniture & Home, and Others (Toys, DIY, Media, etc.). We analyze market trends, growth drivers, challenges, and emerging opportunities, providing valuable insights for businesses operating in or planning to enter this dynamic market. The report uses 2025 as the base year and forecasts the market's trajectory until 2033, incorporating data from the historical period (2019-2024). Recent developments include: May 2022- Home Depot announced the formation of Home Depot Ventures, a venture capital fund to promote early-stage startups that improve customer experience and home renovation. Furthermore, the $150 million funds will evaluate investments in businesses at various stages of development, emphasizing early and growth-stage startups that assist Home Depot customers and can scale., April 2022- In the United States, Apple finally offers the tools and accessories needed for self-servicing select iPhones. The company is now selling parts and components for the iPhone 12 series, iPhone 13 series, and the newly released 3rd Generation iPhone SE 2022 smartphones., April 2022- Amazon announced on Wednesday that it will build a solar park in Kent County as one of 37 new renewable energy projects worldwide to use renewable energy to power all of its activities by 2025, five years ahead of schedule., April 2022- Walmart honored Igloo's ancient legacy and commitment to "Made in the USA" with elected officials and prominent executives from both companies in attendance. In honor of this praise, Igloo designed the new Overland Series of coolers exclusively for Walmart, made in the United States., March 2022- Walmart Inc plans to hire more than 5,000 new associates for its tech hubs worldwide during the current fiscal year. Walmart Global Tech, the company's technology division, would be hiring for positions such as cybersecurity professional, product manager, and data scientist., June 2020- Apple's announcements and developments enhance the Apple platform and product experience. From macOS Big Sur, which boasts the most significant design overhaul since the launch of Mac OS X, to watchOS 7, iOS 14's new App Library, and iPadOS 14's expanded handwriting capabilities with Apple Pencil.. Key drivers for this market are: Growing Demand from Apparel and Footwear Industry., Rising Adoption of technologies (IOT,ML); Penetration of Internet and Smartphone Usage. Potential restraints include: Operational Compatibility Due to Growing Brand Value. Notable trends are: Increasing adoption of technologies.
In 2022, Shopify accounted for over half of worldwide e-commerce software market. Salesforce followed with a market share of 17 percent. Third in the ranking, AWS was estimated to contribute for eight percent of the worldwide e-commerce software market that year.
From 2007 to 2021, the e-commerce share of the total retail market in Sweden steadily increased. Online retail accounted for ** percent of total retail in 2022, down *** percentage point from 2021. This marks the first time e-commerce has decreased in the country. Since consumers returned to physical stores after the COVID-19 pandemic, e-commerce suffered losses. In 2024, the online share of the total retail market decreased to ** percent. The Swedish e-commerce landscape In 2022, e-commerce revenue in Sweden reached *** billion Swedish kronor, equaling ** billion euros. This is a decrease of around ** billion Swedish kronor, or ******* euros, compared to 2021. Despite the decrease in overall e-commerce revenue, home electronics and fashion remained the two best-selling B2C segments, showing resilience in the face of declining sales. In 2022, the home electronics segment generated ** billion Swedish kronor, and fashion over ** billion Swedish kronor. The love for online pharma The convenience of being able to easily purchase items such as prescriptions and over-the-counter medications from the comfort of their own homes fueled Swedes' love for online pharma during the COVID-19 pandemic. In 2022, pharmaceutical retailer Apotea ranked as online shoppers' favorite web shop and brand for physical products. The trend of purchasing healthcare and personal care products online was particularly popular among those born in the ***** and women.
According to estimates, Amazon claimed the top spot among online retailers in the United States in 2023, capturing 37.6 percent of the market. Second place was occupied by the e-commerce site of the retail chain Walmart, with a 6.4 percent market share, followed in third place by Apple, with 3.6 percent.
Amazon’s continued success
Amazon has long dominated the e-commerce market as the world’s favorite online marketplace. In 2022, company hit over half a trillion U.S. dollars in net sales. The United States is by far Amazon’s most profitable market, as the U.S. branch generated over 356 billion U.S. dollars in sales in 2022. Germany ranked second, with 33 billion dollars, followed closely by the United Kingdom with 30 billion dollars.
Online shopping on the rise
Online shopping has grown significantly over the past decade, with more people turning to the internet for their shopping needs. The proof is in the numbers: the U.S. e-commerce industry was worth almost a trillion dollars in 2023. By 2027, forecasts show that the online market will grow to more than 50 percent. U.S. online shoppers purchase fashion and food and beverages the most via the internet.