The ecommerce space has evolved immensely in the past couple of years, and new, interesting trends are still emerging. Here’s a look at some ecommerce trends that you simply cannot miss in 2022.
Over the past few years, especially since the onset of the pandemic, the ecommerce industry has been at the forefront of disruption, and yet is one of the few sectors that has achieved tremendous growth in a short period.
Valued at $46.2 billion in 2020, India’s ecommerce market is projected to touch a colossal $111.40 billion by 2025, primarily thanks to tectonic shifts in consumer preferences and rising internet proliferation. A glimpse of 2021
While 2020 was the year of disruption for businesses across the globe, 2021 brought on several transformations and advancements with accelerated ecommerce progress that would have otherwise taken a few years.
Towards the end of 2021, it was estimated that there would be over 2.14 billion global online shoppers and ecommerce sales accounted for 18.1 percent of global retail sales, with 81 percent of shoppers doing online research before making a purchase.
In 2022, it’s expected that ecommerce revenue will reach $5.4 trillion by the end of the year. Statistics apart, the entire ecommerce space has evolved immensely in the past couple of years, and new, interesting trends are still emerging. On that note, here are some ecommerce trends that you simply cannot miss in 2022. 1. Voice-based search and vernacular languages
As India hits the mass online shopping stage where millions of consumers turn to ecommerce and direct-to-consumer (D2C) ecommerce platforms to have products delivered at their doorstep, there is a revolution in one of the fundamental aspects of the ecommerce order process – the search bar. Making searching easier by taking the technology to the next level, the ecommerce industry has incorporated a voice-based […]
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