E-commerce spending is forecasted to increase by a double digit in the next 5-6 years.
Due to Coronavirus (Covid-19) many people will be picking up the habit of staying at home & shopping online instead of going to a physical retail store.
The global retail E-Commerce is expected to amount $3.9 Trillion in 2020. This sum is expected to be double ($7 - $8 Trillion) by the year 2024. The E-Commerce will rise to $10 Trillion by the year 2027.
E-Commerce is definitely the future of Shopping & Lifestyle.