But despite this being common knowledge, the most recent data behind the explosion in Amazon’s market position is still stunning to behold: in the last two years, the already monstrous Amazon somehow was able to increase their share of the total U.S. ecommerce market … AWS is used by more than 1 million active subscribers in 190 countries. These assumptions give us $81.5bn US ecommerce, but you could very easily flex it $5bn up or down. A scant 18 months later, AWS holds onto 31 percent while Microsoft’s cloud service has jumped to an impressive 20 percent. Shopify, another platform for online retail, is now at an annual run-rate of $60bn of GMV, up from nothing five years ago. U.S. Market Voice Assistant Popularity in 2018, Amazon Flirts With $1 Trillion Value Amid 8-Day Rally Streak, Worldwide Amazon online retail sales market share 2016-2019, Share of e-commerce sales in total U.S. retail sales 2010-2019, 47 Amazon Statistics To Bedazzle You In 2020, Amazon Statistics, User Demographics, and Fun Facts in 2018, amazon.com Competitive Analysis, Marketing Mix and Traffic, Total global visitor traffic to Amazon.com 2020, Desktop visitors to leading U.S. online retail properties 2018, Amazon: total active customer accounts as of 1st quarter 2016, Amazon Statistics (Revenue, Sellers, Prime & More! Over 100 million products were bought in 2018’s Prime Day. Well, Amazon discloses its revenue by country, and US revenue in 2018 was $160bn (these tables are all in millions). Interestingly, only 2% or approximately 1 million of Echo device owners have purchased with a smart speaker. The company ended 2017 with about 44 percent of the market. As a result, Amazon’s market share will increase from 37.3% in 2019 to 38.7% this year while expanding its lead over the No. In recent years, the company has seen a monumental shift, driving the online retail industry into incredible heights. Amazon’s share of the US e-commerce market is now 49%, or 5% of all retail spend. Amazon Kindle market share in the Datanyze Universe. That slower growth means it's losing market share to big-box competitors. Amazon is a big company. So for a category like electronics, you can see that there is a huge volume of digital transactions, and that Amazon holds maybe 80-85% of that volume. 0.19%. 66% of the top 10,000 Amazon sellers use FBA service. document.getElementById("comment").setAttribute( "id", "a5f13bd0351369f07039b26ac565cb36" );document.getElementById("g870abf955").setAttribute( "id", "comment" ); FinancesOnline is available for free for all business professionals interested in an efficient way to find top-notch SaaS solutions. To put things in perspective, this is more than Amazon’s top three competitors combined, with eBay coming in at 6.6%, Apple at 3.9% and Walmart at 3.7%. By the end of 2019, more than 51% of US households will be Amazon Prime subscribers. Skip to main content. Based on my DCF analysis, I estimate Amazon's fair … Competitors. To reap maximum benefits, you need a leading eCommerce platform for small businesses and a well-orchestrated customer acquisition strategy. More importantly, for consumers looking for authentic reviews, Amazon is always the first option to spring to mind. Based on my DCF analysis, I estimate Amazon's fair … In reality, companies that maximize market share end up minimizing profits, while their smarter rivals earn higher returns. This is especially relevant for any conversation about predatory pricing: Amazon is setting the price directly for 15% of US ecommerce, not 35%. Amazon averages a 74% share of digital transactions in the US. Regulators pick and choose market definitions depending on their objective, and this will probably happen to Amazon - it’s definitely dominant in books and definitely not in cars. Amazon now has a market share of more than 30% of the UK’s ecommerce market, up from 28.8% in 2018, according to research from Edge by Ascential, which also rates the UK as the world’s third largest ecommerce market, behind China and the US.. With sales in excess of $30billion this year, Amazon is way out in front of the next closest rivals eBay, which has 9.8% market share. This dwarfed visits to Wallmart (59 million), eBay (54 million visits), The Home Depot (36 million visits), and Groupon (32 million visits). Amazon entered the India space in 2013, and has yet to turn a profit. Analysts at investment firms Jefferies and Goldman GS Sachs have both raised their Amazon price targets to $3,800 per share. A whopping 65% of Amazon customers use computer devices to buy products. 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