Ecommerce is the process of buying and selling goods or services online. It has become a popular and convenient way for consumers to shop, especially during the pandemic. In this blog post, we will look at some ecommerce statistics and how ecommerce has increased year over year.

According to Statista, e-retail totaled over $4.9 trillion in 2021, up from $4.2 trillion in 2020. This represents a growth rate of 14.2%, which is lower than the 27.6% growth rate in 2020, but still impressive considering the global economic slowdown. Ecommerce accounted for 20.8% of total retail sales worldwide in 2021, and this share is expected to reach 24% by 2026.

One of the drivers of ecommerce growth is cross-border trade, which allows consumers to buy products from other countries. Forbes reports that cross-border ecommerce sales worldwide grew over 20% in 2020, reaching $440 billion. The top regions for cross-border ecommerce are Asia-Pacific, Europe, and North America.

Another factor that contributes to ecommerce growth is the dominance of online platforms like Amazon, which has seen its net profit increase by over 80% in 2020, reaching $21.3 billion. Amazon's revenue also increased by 38%, reaching an all-time high of $386 billion. Amazon is not only a leader in ecommerce, but also in cloud computing, digital streaming, and artificial intelligence.

Ecommerce growth also depends on the devices that consumers use to access online shopping. According to 99firms, over half of consumers use smartphones for shopping, followed by laptops and desktops. Mobile commerce is expected to account for 72.9% of total ecommerce sales by 2021, up from 58.9% in 2017.

The number of ecommerce users worldwide is also increasing, reaching over 3.8 billion in 2021, according to eMarketer. This means that more than half of the global population is engaged in online shopping. The largest ecommerce market in the world is China, which accounts for over half of global ecommerce sales, followed by the US and the UK.

These ecommerce statistics show that ecommerce is a booming industry that offers many opportunities for businesses and consumers alike. Ecommerce has increased year over year due to various factors such as cross-border trade, online platforms, mobile devices, and user adoption. Ecommerce is expected to continue growing in the future as technology advances and consumer preferences change.