Published: October 18, 2022
Our lives are becoming increasingly digitized, with many activities moving online, and shopping is no exception. In addition, the accessibility of online selling has ushered in a new era of commerce.
So, let’s find out the total number of online retailers and other interesting information about the eCommerce industry.
How Many Ecommerce Sites Are There?
There are more than 26 million eCommerce sites worldwide, with more being created daily.
Because of the pandemic, the number of e-retailers more than doubled in 2021 worldwide. This figure has increased by 204% yearly, from 9.7 million to 19.8 million.
More Stats and Facts About the Ecommerce Sites
Some eCommerce statistics indicate that its growth won’t stop anytime soon. eCommerce sales accounted for 17% of all retail sales in 2020 worldwide.
But wait, there’s more, so keep going!
How many eCommerce companies are in the US?
The number of eCommerce businesses in the US is over 9.5 million, but every day more and more are being created. And that’s as much as 36.3% of all eCommerce sites worldwide.
US online retail sales reached $214 million in the Q3 of 2021.
What is the biggest eCommerce site in the world?
Amazon is the world’s largest e-commerce company. It was founded in 1994 in Seattle by Jeff Bezos and has since become a household name for online shopping.
This company now has the highest revenue in the world ($469.82 billion). Amazon’s market cap is $1,691 billion, and the company has 1,608,000 employees.
Which eCommerce site is best for small businesses?
Shopify is regarded as the best small business eCommerce platform. The site builder includes free tools and features that enable users to sell online and offline through third-party marketplaces, drop shippers, and social commerce.
From hosting to customer engagement, Shopify was also highly rated in 2021 as the best ecommerce website builder.
What percentage of sales are online in the US?
As of 2021, 13.2% of retail sales in the US are conducted online.
It’s a 3% decrease from the peak of 13.6% of retail sales online in 2020. And at the pandemic’s peak in the second quarter of 2020, 15.7% of retail sales were made online.
Total retail sales in the US increased by 53.5% during the last decade. Online sales are gradually catching up to sales from traditional retail establishments.
eCommerce demographics show that men shop online more frequently than women.
22% of men shop on Amazon at least daily, while only 12% of women do it. 45% of women tend to shop at least weekly on Amazon, while 62% of men shop online weekly.
eCommerce facts show that China is dominating the eCommerce world.
China accounts for more than half of global eCommerce transactions.
The Chinese eCommerce market reached $1.62 trillion in 2020, more than double the size of the US eCommerce economy.
With all the changes that have occurred with technology over the last years and the increasing number of e-retail shops in the world, one thing is for sure – eCommerce sales aren’t slowing down.
Given the remarkable growth of eCommerce sites over the years, it’s clear they’ll still be around in many more years.