How Website Builders and Free Tools Are Crowding The Ecommerce Services Market
The first quarter of 2021 saw U.S. e-commerce sales grow by 39% to almost USD $200 billion.
Global e-commerce sales surpassed USD $850 billion in the first quarter, showing a percentage increase of 38.
The Global e-commerce market is expected to reach USD $16.2 billion by 2027.
E-commerce sales around the globe have continued to rise significantly following the shift in consumer spending which favours an online shopping model. This shift is unlikely to slow down, with industry analysts arguing that consumer behaviours have likely irrevocably changed as a result of the COVID-19 pandemic.