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The e-commerce industry, particularly online marketplaces, is experiencing robust growth driven by increasing digital adoption and diverse consumer needs. There's a strong trend towards interactive shopping experiences (live commerce), sustainability (refurbished goods), and niche markets (collectibles). Competition remains intense, pushing platforms to innovate in trust, authenticity, and personalized user experiences. Mobile shopping continues to dominate, while supply chain resilience and data privacy are key challenges.
Total Assets Under Management (AUM)
E-commerce Sales in United States
~Approx. $1.15 trillion (2023)
(11.1% (2023) CAGR)
Growth driven by:
- Increased online consumer spending.
- Expansion of mobile commerce.
- Rise of niche online marketplaces.
Approx. $1.15 trillion