The size of e-commerce in the world

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Making reservations Where you can book flight tickets and hotels through online booking applications. 5- Auctions Many people around the world are allowed to bid on products, and bidding through e-commerce is characterized by organization and transparency, as all transactions between the seller and the buyer are documented. 6- Financial e-commerce applications Through many applications that help you buy products, pay bills and installments, and follow up on your bank account while you are at home. 7- Industrial e-commerce applications It aims to improve business processes between companies by exchanging information about suppliers and contracts, monitoring inventory, managing production and manufacturing processes, and analyzing data related to industrial processes in order to improve their productivity.


These applications also allow companies to sell their ig database products wholesale to customers. Your guide: to choose the best company to create a professional online store The size of e-commerce in the world The e-commerce market is one of the fastest growing markets in the world. Statistics indicate that 2.14 billion people around the world purchased products online in 2021, which is about 27% of the world's population. The size of the global e-commerce market reached $4.9 trillion in 2021. E-commerce represents about 22% of global retail sales in 2023 with total revenues reaching $6.


3 trillion, and the size of the e-commerce market is expected to exceed $8.1 trillion by 2026. China is the world's largest e-commerce market, with a volume of $1.74 trillion in 2022, followed by the United States with revenues of $861 billion, Germany with $724 billion, and the United Kingdom with total revenues of $639 billion. Statistics show that the sectors witnessing growth in e-commerce are clothing, accessories, beauty and personal care products, entertainment (books and music), home appliances, and electronics. The growth of the e-commerce market in the world is due to several factors, including: Increase in the number of Internet users.