Make Your Ecommerce App 10x Faster By Creating It With Node.js

Hire an app development company to migrate your retail business to online estore by building a simple ecommerce app with Node.js to ensure seamless functionality

With the fact that the Ecommerce industry is on its way to grossing $2,273,991 million in 2021 and 62% of people who own a smartphone have made an online purchase using their device in the past six months, it is clear that ecommerce has revolutionised the way people shop.

Gone are those days when people have time to shop from the local outskirts of the city. With the emerging technologies and innovations in the digital world, shopping anything from any corner of the world is just one voice command away from your device. The jaw-dropping evolution of ecommerce has brought a wide range of potential opportunities to the young businesses that ever dream of running a successful online business with minimal investment.

In recent times, Ecommerce platforms have become a big talk of the town. Like UberEats, Grubhub, Deliveroo are dominating the online food delivery industry, in the same way, Amazon, eBay, Ikea, Wish, Walmart are the few titans of the ecommerce industry that are ruling the domain.

But still, this is a huge market that still holds enormous potential for upcoming businesses. Developing an ecommerce app can translate into the opportunity for companies to double up their investments in a short time frame.

You don’t need to take our empty words. If you are really interested in developing a winning ecommerce app, you need to look at the global market of ecommerce and its usage.

The Global Ecommerce Market Stats and Its Usage

As we have discussed in the introduction, the ecommerce market is huge and keeps expanding at a fast pace. Most of the leading ecommerce mobile applications are now big multinational companies that are leveraging the millions of users and raising the revenue of billions with their app.

According to the statistics, the global retail e-commerce sales amounted to $3.5 trillion in 2019, which is projected to gross $6.5 trillion by the end of 2023.
As per the stats, Asia Pacific dominated the market for ecommerce with a share of 55.3% in 2019 and expected to witness the fastest growth from 2020 to 2027.
A study reveals that North America and Europe are anticipated to witness steady growth over the forecast period, whereas the Middle East and Africa are expected to witness significant growth in the forthcoming years owing to the growing young population and rapidly evolving shopping market.

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