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U.S. 2027 expects 1 trillion dollar sales from the Internet

US 39;d E 160; sales over the Internet 2020 39;d e 600 billion, 2027 39;d e is estimated to reach $1 trillion

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U.S. 2027 expects 1 trillion dollar sales from the Internet

After 10 years of sales on Internet in United States, 2027 was reportedly predicted to reach $1 trillion.

In U.S. business consulting firm FTI Consulting's report, country's total sales made over Internet this year is expected to be 445 billion dollars.

In country, report said that se sales were estimated to climb over 600 billion in 2020, stressing that 2027 reached $1 trillion.

In United States, internet sales increased by 15.5 per cent in second quarter of this year compared to same period last year, report noted that this increase was expected to be 9 per cent in next 10 years.

"90 percent of households will shop online in near future"

The report included information about 43 per cent of Americans buying from Internet at least a few times a month, with recent knowledge that 90 per cent of households in United States prefer to exchange over Internet.

On or hand, report reported that Internet sales in United States have a share of only 2 percent in 750 billion dollar food industry, which was estimated to reach only 19 per cent in 2027.

The report said that market share of Amazon's internet sales in US e-commerce giant was 34.2 percent last year, while 2027 was expected to 53,5 percent.


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