The eCommerce market is huge. In 2019, the global retail eCommerce sales amounted to $3.53 trillion and the market is poised to grow to $6.54 trillion in 2022. These numbers just go to show how popular online shopping is in the world.
The eCommerce industry will be worth about 600 billion dollars in the year 2024. While it is an alarming statistic, it does prove one thing: there’s so much money for online retailers to make in the industry.