It’s no secret that worldwide eCommerce sales continues to be on a strong and steady upward curve since the beginning of the decade, as illustrated by the following infographic about US and European eCommerce created from my friends over at Ecommerce Platforms.
Some Quick Stats:
- The US eCommerce sales volume, recorded at $176 billion in 2010, is estimated to grow to $279 billion by the end of 2015.
- The total online sales held an 8% market share of the total retail sales in 2014 and this too is projected to increase to reach between 9 and 11% in 2015.
- Similarly, the eCommerce sales volume in Europe recorded at 81 billion Euros in 2010 is estimated to rise to 134 billion Euros in 2015.
If you still think Amazon is the only eCommerce game in town, think again. Online commerce shows no signs of slowing down any time soon. As always, eCommerce deserves your consideration as another channel to explore.