14 ECOMMERCE TRENDS AND STATISTICS [2017-2018]

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  1. Retail e-commerce sales worldwide were $2290 billion in 2017 and are expected to rise to $2774 billion in 2018.
  2. Global share of retail from 10.1% in 2017 is predicted to jump to 11.6% in 2018.
  3. Digital buyers’ penetration worldwide stated for 46.4% in 2017 and will increase to 47.3% in 2018.
  4. 18% of local searches lead to a sale within 24 hours.
  5. Mobile will be reaching 70% of e-commerce traffic by the end of 2018.
  6. B2B e-commerce global sales reached $7.7 trillion in 2017 and are twice bigger than the B2C one.
  7. Image and voice activated search may make up 50 percent of all searches by 2020.
  8. By 2019, B2B firms will spend more on e-commerce technology than online retailers do.
  9. 89% of B2B researchers use the Internet during the B2B research process.
  10. 69% B2B entities say they expect to stop printing catalogs within five years.
  11. Augmented reality will generate $120 billion in revenue by 2020.
  12. The Indian e-commerce industry is expected to become 2nd largest e-commerce market in the world by 2034.
  13. Total online spending in India is expected to increase by 31% year-on-year to Rs 8.76 trillion ($ 135.8 billion) by 2018.
  14. The total size of e-Commerce industry (only B2C e-tail) in India is expected to reach $ 101.9 billion by 2020.
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