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E-commerce: The New Frontier of Shopping
E-commerce is growing rapidly all over the world. In 2017, global e-retail sales amounted to $2.3 trillion, and they are projected to reach $4.5 trillion by 2021. This growth is being driven by a number of factors, including the increasing popularity of mobile devices, the increasing number of people with access to the internet, and the increasing purchasing power of consumers.
In developed countries, e-commerce is growing particularly rapidly, due to the high penetration of internet and mobile devices. For example, in the United States, e-commerce sales grew by 15.8% in 2017, and they are projected to grow by another 12.9% in 2018. This growth is being driven by a number of factors, including the increasing popularity of mobile devices and the increasing purchasing power of consumers.
In developing countries, e-commerce is also growing rapidly, although from a smaller base. For example, in China, e-commerce sales grew by 28.6% in 2017, and they are projected to grow by another 22.2% in 2018. This growth is being driven by a number of factors, including the increasing number of people with access to the internet and the increasing purchasing power of consumers.
Overall, the growth of e-commerce is being driven by a number of factors, including the increasing popularity of mobile devices, the increasing number of people with access to the internet, and the increasing purchasing power of consumers.E-commerce is growing at an unprecedented rate. In 2017, global e-commerce sales reached $2.3 trillion, and they are expected to reach $4.5 trillion by 2021. This growth is being driven by a number of factors, including the increasing popularity of mobile devices, the increasing number of people with access to the internet, and the increasing number of people who are comfortable making purchases online.
There are a number of factors that are driving the growth of e-commerce. One of the most important is the increasing popularity of mobile devices. More and more people are using their smartphones and tablets to access the internet, and this is making it easier for them to shop online. In addition, the number of people with access to the internet is increasing. This is particularly true in developing countries, where the number of people with internet access is expected to grow from 1.9 billion in 2017 to 3.6 billion by 2025. This growth in internet access is making it easier for people to shop online.
Another important factor that is driving the growth of e-commerce is the increasing number of people who are comfortable making purchases online. In 2017, 66% of internet users in the United States said that they had made a purchase online in the past 12 months. This is a significant increase from the 53% of internet users who said they had made a purchase online in 2014. This increase is due to a number of factors, including the increasing number of people who are comfortable using their credit cards to make purchases online and the increasing number of people who are comfortable using online payment systems such as PayPal.
The growth of e-commerce is also being driven by the increasing number of businesses that are selling products and services online. In 2017, there were 12.66 million e-commerce businesses in the United States, an increase of 4.9% from the previous year. This growth is being driven by a number of factors, including the increasing popularity of e-commerce among small businesses and the increasing number of businesses that are selling products and services internationally.
E-commerce is growing at an unprecedented rate, and this growth is being driven by a number of factors. The most important of these factors are the increasing popularity of mobile devices, the increasing number of people with access to the internet, the increasing number of people who are comfortable making purchases online, and the increasing number of businesses that are selling products and services online.
