There are few other industries any of us could think of that have exploded as rapidly as ecommerce. An infographic from Baynote outlines just how remarkably fast this growth has been by detailing stats from various companies like Forrester, eMarketer and more. Here are the highlights:
– In 2011, the number of people shopping only was around 167 million. By 2016, U.S. Online Retail Forecast predicts that number will be 192 million.
– Forrester predicts that online retail spending in the U.S. will increase 62 percent by 2016.
– The leading industry for ecommerce sales is apparel, which, by 2016, is predicted to reach $73 billion in total online sales, from $34.2 billion in 2011.
Check out the graphic below for more details on the pace of this rapidly growing world we’re all lucky enough to be a part of!