According to Euromonitor, 88% of retail purchases in the US were made at a physical store in 2014. While e-commerce is growing, physical store sales are not going to reduce for some time. Euromonitor believes that by 2019, purchases at physical store locations will account for 85% of retail sales. Analysts believe that a majority of
A report from eMarketer expects apparel and accessories to be the fastest growing segment within retail e-commerce. Analysts expect the market to grow 17% annually through 2017. Billion Dollar Unicorn club member Farfetch is cashing in on this growth.
According to a recent study by research firm Edelman Berland, more than 53 million people in the US are doing freelance work. That accounts for 34% of the country’s workforce. Billion Dollar Unicorn club member Elance-oDesk is helping this freelance workforce make their mark in the economy.
According to research firm Statista, 16 billion digital coupons were redeemed worldwide in 2014. That number is projected to grow to 31 billion coupons by the year 2019 driven by increased mobile device usage. Billion Dollar Unicorn company RetailMeNot is a big player in this market.
Analysts expect the global e-commerce market to grow from $1.5 trillion in 2014 to $2.4 trillion by the year 2018. The growth in e-commerce is also leading to a bigger demand for safe and capable payment processing solutions like the one offered by Billion Dollar Unicorn club member Adyen.
According to market reports, the global games market is expected to reach $86.1 billion by the year 2016. The growth in the market will be dominated by the free-to-play model, which attracts new gamers and allows them to try new things without getting them to pay upfront. Billion Dollar Unicorn club member Kabam is hoping to
The Census Bureau of the Department of Commerce recently reported the fourth quarter retail e-commerce sales for the US. E-commerce sales during the quarter are estimated to have grown 2.3% over the year to $79.6 billion and accounted for 6.7% of total retail sales. For the full year 2014, e-commerce sales increased 15% to $304.9
According to a research study conducted by BigCommerce, e-commerce sales will grow to $2 trillion in 2015 with the SMB segment in the US alone accounting for over $100 billion in sales. Billion Dollar Unicorn club member Shopify is helping retailers make their mark in the dot-com space.