7 minutes read
By 2025, global eCommerce sales are expected to reach nearly 7.4 trillion US dollars1. With an anticipated USD 5.5 trillion in sales this year, eCommerce is becoming indispensable for businesses and consumers. Over 20% of global retail sales are anticipated to come from online purchases, meaning that a fifth of consumers will shop from the comfort of their homes instead of in their local stores. While brick-and-mortar retailers might be troubled by the rise of online shopping, storefronts are far from becoming obsolete.