Amazon’s ecommerce market share predicted to rise to 43.5% this year

By Pouyan Broukhim
Share

According to data from eMarketer, cited by Recode, Amazon could be responsible for nearly half of all online sales in the US in 2017.

The data predicts that Amazon will see its market share rise to 43.5% this year, with the firm’s sales expected to grow 32% to $196.8bn for the year.

See also:

This is up from the $149bn in sales that Jeff Bezos’ company recorded in 2016, with Amazon having accounted for 38% of total online sales in the US last year.

No other company compares to Amazon in the US, with the likes of Ebay, Apple and Walmart all following significantly behind.

In 2016 Ebay held 7.8% of total ecommerce sales, Apple 3.2% and Walmart 2.8%. Further, eMarketer has predicted that Ebay, Amazon’s closest rival, will see its market share drop to 6.8% in 2017.

With estimations that total US ecommerce sales will rise to $452.8bn this year, it seems that Amazon will continue to tighten its grip on the market, coming out as the main beneficiary, whilst its competitors will continually fall behind.

Share

Featured Articles

What is Nestlé CEO Laurent Freixe’s Action Plan?

Newly appointed CEO sets out action plan involving separating water brands into standalone business and boosting advertising and marketing spend

Will Mulberry Turn a New Leaf Under CEO Andrea Baldo?

International British luxury brand cuts quarter of head office staff as newly appointed CEO conducts strategic review

Female Board Members of Biggest UK Companies Paid 69% Less

Female board members of FTSE 100 companies are paid 69% less than male counterparts, as they find themselves frozen out of the biggest roles

Is This the Next CEO of LVMH?

Leadership & Strategy

How Burberry’s New CEO Is Going Back to Basics

Leadership & Strategy

Is Bayer CEO Bill Anderson Running Out of Time?

Leadership & Strategy