What are the latest trends in e-commerce for 2021?

Here are 10 eCommerce trends that you need to be aware of in 2021:

• Customers will shop in marketplaces rather than eCommerce stores.
• Online buying will not be limited to B2C products.
• Self-service platforms will continue to rise in popularity.
• Shoppable video ads on social media.
• Omnichannel selling will be the norm.

What are the major trends in retail and e-commerce?

25+ Latest Ecommerce Trends To Boost Your Revenue in 2021

• The Ecommerce After COVID-19.
• Contextual and Programmatic Advertising.
• Marketing Automation.
• Artificial Intelligence (AI)
• Enhanced Shipping Options.
• Mobile Commerce.
• Augmented Reality for Product Visualization.
• Voice Search Will Take Lead.

What are the major trends in online retailing?

Top Ecommerce Trends 2021:

• Online Sales Growth is Unstoppable.
• The Future of Ecommerce After COVID-19.
• Mobile Shopping is Growing.
• Rise of Voice Commerce.
• Evolving Role of Social Media in Ecommerce.
• Environmental Topics Influence Buyers.
• Role of Artificial Intelligence.
• Augmented Reality Transforms How We Shop.

How much has e-commerce grow in 2021?

US consumers will spend $933.30 billion on ecommerce in 2021, up 17.9% YoY, and equaling 15.3% of total retail sales. Brick-and-mortar retail spending will grow 6.3% in 2021, to $5.149 trillion, the strongest growth rate seen since 2011.

What are the Global eCommerce trends for 2020?

Global Ecommerce Update 2021. Even as total worldwide retail sales declined by 3.0% in 2020, retail ecommerce growth boomed to 27.6%. Ecommerce growth will decelerate substantially in 2021 to 14.3% as brick-and-mortar sales recover.

What’s the growth rate of e-commerce sales?

Euromonitor forecasts that e-commerce sales of goods purchased globally will post a 9.5% compound annual growth rate from 2020-2025, which is more moderate than the 24% crisis-driven spike in 2020. By 2025, Euromonitor forecasts that online sales will account for 21% of total retail spend.

How is e-commerce changing the retail industry?

One of the most profound changes unfolding in commerce is the shift to the digital channel. Euromonitor estimates that 17% of goods will be bought online in 2021, nearly doubling from 2016. The pandemic accelerated this shift toward e-commerce, as many consumers experimented and became reliant on the digital channel while in isolation.

How big is the ecommerce market in the world?

Despite a challenging year for retail in 2020, we estimate that worldwide retail ecommerce sales grew 27.6% for the year, for a total of $4.280 trillion. This represents a substantial uptick from our mid-pandemic assessment of 16.5% growth.