Though the online shopping industry via e-commerce websites had been witnessing
tremendous growth potential, the COVIO-19 pandemic, coupled with the stay-at-home
directives, quarantine, lockdowns, etc., has caused vigorous digital transformation to
boost the global e-commerce industry. While in 2020, amidst the pandemic situation,
retail e-commerce sales across the world generated a revenue of 4.28 trillion USD,
e-retail is projected to reach 5.4 trillion USD by 2022. The combined annual growth rate
of 6.29% is attributed to the rise in popularity of online shopping because of its
According to the market research studies by Statista, user penetration in the global e-commerce industry is 50.8% as of 2021. The same is going to reach 63.1% by 2025. What is the reason for the e-commerce market growth with increasing user penetration? The answer is simple. Lightweight, feature-loaded, highly functional e-commerce websites that cater to all your needs. Cloudifyapps is a market leader in producing result-driven e-commerce website solutions for global outreach and increase in sales. Our supremely experienced web developers from Cloudifyapps provide top-notch ecommerce development solutions with advanced security features, rich user experience, payment gateway integration, shipping API, etc., and much more.