The forecast: In 2021, Amazon will account for 41.4% of all US retail ecommerce sales. The tech giant will contribute more than 50% of US growth in online sales from 2019 to 2021. We estimate Amazon’s ecommerce sales will rise by $168.53 billion in that time frame, to reach a staggering $386.40 billion by the end of this year.
A deeper dive:
Looking ahead: Though spending behaviors may look as if they’re returning to the pre-pandemic normal, Amazon’s ecommerce sales will keep on growing. We estimate that by the end of 2022, the company will rack up $463.10 billion in US ecommerce sales.