eCommerce revenue development in the U.S. to 2023
eCommerce revenue development in the U.S.
The United States is the 2nd largest market for eCommerce with a predicted revenue of US$1,010,998.7 million by 2023, placing it ahead of Japan.
Revenue is expected to show a compound annual growth rate (CAGR 2023-2027) of 11.5%, resulting in a projected market volume of US$1,562,917.7 million by 2027. With an expected increase of 18.0% in 2023, the U.S. eCommerce market contributed to the worldwide growth rate of 17.0% in 2023.
Like in the United States, global eCommerce sales are expected to increase over the next years. Five markets are considered by ecommerceDB within the U.S. eCommerce market. Food & Personal Care is the largest market and accounts for 27.3% of the U.S. eCommerce revenue. It is followed by Toys, Hobby & DIY with 25.6%, Fashion with 20.5%, Furniture & Appliances with 13.4%, and Electronics & Media with the remaining 13.2%.
Top five online stores in the U.S. by net sales 2022
The biggest player in the U.S. eCommerce market is amazon.com. The store had a revenue of US$130,269.5 million in 2022. amazon.com is followed by walmart.com and apple.com as the second- and third-largest stores with US$53,920.9 million and US$29,840.6 million, respectively. Altogether, the top three stores account for 42.6% of the top 100 online stores' revenue in the United States.
Store rankings include every store that generates revenue in the United States. These stores can either have a national focus and only sell in their main country or operate on a global scale. For this evaluation, only revenue created in the United States was considered.
