E-Commerce sales worldwide are projected to reach $6.4 trillion by 2024, according to Statista.
E-commerce has increased in recent years, and the COVID-19 pandemic has further accelerated its growth as more people turn to online shopping.
The most popular e-Commerce categories are electronics, clothing, and health and beauty products.
Amazon is the largest eCommerce retailer in the world, with a market share of around 38%.
Mobile devices account for around 72% of e-Commerce sales worldwide.
e-Commerce businesses face logistics, inventory management, and fraud prevention challenges.
Personalisation and Customisation are increasingly important in eCommerce, with businesses using data analytics.
Businesses use social media for e-Commerce through social commerce features to sell products directly on platforms like Instagram and Facebook.
Blockchain, VR, and AR could transform eCommerce by streamlining supply chains and enhancing the shopping experience.
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