The International Trade Administration, an agency of the U.S. Department of Commerce, project Global B2B e-commerce sales are expected to reach $36.2 trillion by 2026, a 50% increase from 2023. ITA’s mission is to promote trade and investment, enhance the competitiveness of U.S. industries, and ensure fair trade and compliance with trade laws and agreements.
Total sales are the total sales for a specified period, usually measured quarterly or annually.
–
ITA predicts that B2C e-commerce revenue will reach $5.5 trillion by 2027, with a compound annual growth rate of 14.4% from 2024. Fashion and consumer electronics are the largest sectors, while pharmaceuticals is the fastest growing category.
–
Statista track The leading online shopping categories by revenue are: Globally Electronics also make up a large share of global e-commerce sales in the U.S., with spending projected to reach $922.5 billion, followed by fashion and apparel, ranking second among the top online shopping categories.
–
According to Statista, the top e-commerce categories in the US are Global trendsFashion will emerge as the largest revenue category, projected to generate $162.9 billion in revenue by 2024.
