Share this page. Today, sellers are eager to try their luck on different online platforms and buyers have let their preferences known. Learn why we say that in our analysis of Amazon's ebook market share below. Three times out of four, on average, the most profitable firm is not the one with the largest slice of the market. Now let’s come back to that ‘third party’ thing. Another 10% comes from ‘Other’ (mostly advertising) and subscriptions (Prime), and then there’s the ‘physical stores’, which today is almost all Whole Foods (the revenue number in the table below jumps from 2017 to 2018 because Amazon only owned Whole Foods for part of 2017). ), Number of U.S. Amazon Prime subscribers 2013-2019, More Than Half of US Households Will Be Amazon Prime Members in 2019, Total number of U.S. households with an Amazon Prime subscription 2018-2022, Average spending of Amazon Prime and non-Prime members 2015-2019, Amazon by the Numbers: Stats, User base & Fun Facts, 8 FASCINATING AMAZON STATISTICS TO KNOW IN 2018, Alexa, How Was Prime Day? But Amazon's market share is … Clearly, owing to Amazon’s monstrous market size, the going is tough for competitors. These assumptions give us $81.5bn US ecommerce, but you could very easily flex it $5bn up or down. In the US alone, consumers Purchased 1M headphones, 100K laptops, 200K TVs, 650K household cleaning supplies, 100K lunchboxes, 350K luxury beauty products, 1M+ toys, and 400K pet products. Please note, that FinancesOnline lists all vendors, we’re not limited only to the ones that pay us, and all software providers have an equal opportunity to get featured in our rankings and comparisons, win awards, gather user reviews, all in our effort to give you reliable advice that will enable you to make well-informed purchase decisions. Amazon market cap as of December 18, 2020 is $1000B . Whole Foods is almost all in the USA. In addition, 74% of consumers go to Amazon when they are ready to buy a product. Finally, of course, Amazon is growing. But, it competes with physical retailers as well - it competes with Macy’s, Walmart and Barnes & Noble. Understand your visitors with Statcounter See why over 2,000,000 bloggers, web designers, marketing and SEO professionals and small business owners use Statcounter to grow their business. As for US retail: Total US retail in 2018 was $6tr, but that includes bars and restaurants, and though some of the restaurant business is clearly moving to online ordering and delivery it’s not there yet, so we should probably exclude this. Apple and Google are barely making a dent in Amazon’s enormous share of the home speaker market, and that trend will continue through 2021, a … As of July 2019, Amazon ranked 10th in global internet traffic engagement. This is a significant increase from 2.1 billion visits registered in February 2018. Paperback $13.99 $ 13. Benedict Evans recently did a great 2018 market share analysis for Amazon on its share of US e-commerce and addressable US retail. Current Websites. For years, Twilio has been the leader in CPaaS market share. Before COVID-19, Amazon's share of online spending was 42%, according to Rakuten Intelligence. It has delivered the killer blow to the traditional Cyber Mondays and Black Fridays. On this graph, the Y-axis represents the number of digital transactions and the X-axis shows Amazon’s market share in each. Amazon Inc (NASDAQ: AMZN) is making moves to capture a sizeable market share in India’s online pharmacy business, the Economic Times reports.   More on AMZN Market Share. In conclusion, the eCommerce landscape is continually changing, and Amazon has developed the knack to stay ahead with its unique innovations. Furthermore, statistics show that in Q1 2019, AWS registered a 42% revenue growth compared to 46% reported in the last quarter of 2018. Market capitalization (or market value) is the most commonly used method of measuring the size of a publicly traded company and is calculated by multiplying the current stock price by the number of shares outstanding. Amazon statistics have shown that the company’s disruptive force has radically changed the dynamics of the whole eCommerce ecosystem. Ingrid Lunden @ingridlunden / 2 years Amazon has already been in the crosshairs of the White House when it … Interestingly, a whopping 66% of consumers start their search for a new product on Amazon. Today, that’s around 6%, not 35% or 50%. On the other hand, 37% of nonprime members purchase online just a few times a year. Ever since Amazon introduced the Echo speakers, the growth of Alexa has been on high gear. Compared to 2018 statistics, that’s an increase of approximately 5.2 million households. It signifies Amazon’s relentless endeavor to extend its reach and command all facets of the customer purchase journey. Number of monthly visits to Amazon.com from a mobile browser: That means Amazon is expected to capture nearly half of the U.S. e-commerce market by the end of 2018, eMarketer said. Much of its success has to do with its wide-ranging product offering, low prices and a high degree of cross-border shopping from neighboring countries. Amazon Com Inc s' competitors and its Market Share by Electronics & other general merchandise, Media, Total, Other segment - CSIMarket As a result, the firm has maintained a constant upward trajectory, reaching heights never before imagined. 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%.. Needless to say, Amazon is the leader in online sales, with no sign of slowing down anytime soon. To illustrate, with over 8,000 partner network members, 1,900+ AWS third-party software products, and 70+ infrastructure services, the AWS is a force to reckon with. With reviews and analyses spanning a breadth of topics from software to learning models, James is one of FinancesOnline’s most creative resources on and off the office. On this graph, the Y-axis represents the number of digital transactions and the X-axis shows Amazon’s market share in each. That … By 2019, Amazon’s share of the total US eCommerce market is projected to hit 52.4%, up from 48% in 2018. Low prices across earth's biggest selection of books, music, DVDs, electronics, computers, software, apparel & accessories, shoes, jewelry, tools & hardware, housewares, furniture, sporting goods, beauty & personal care, groceries & just about anything else. Market space Websites Added. When it comes to creating innovations and programs that set the standards, Amazon has no equal. Besides, the affiliate program has been a reliable income generator for Amazon. Sources: Amazon (revenue, Prime members, cloud revenue), EMarketer (e-commerce, e-commerce category share, advertising, smart speaker share), Euromonitor International (total retail share… Walmart has 9% of ‘addressable retail’, but 20% of grocery sales (and in a small number of US cities it has over 50%). That slower growth means it's losing market share to big-box competitors. Even better, Amazon statistics show that approximately 53 million US consumers purchased a product from Amazon on the 2017 Prime Day. Meanwhile, the Amazon Chime SDK uses 14 data center regions, and Microsoft ACS touts 18 data center regions. As I’ve written elsewhere, I don’t think Amazon is well suited to create proliferating models - it has to do almost everything in the same way. But clearly, this belongs in any discussion of Amazon’s market share. The categories include electronic (89.9%), home improvement (83.8%), food (81.8%), sports, fitness & outdoors (89.6%), household essentials (88.8%), and health/medicines (92%). However, these applications have had a hand in the process as statistics have revealed. On top of that, in 2019, Amazon is predicted to account for 13.7% of the worldwide online retail market sales. In 2018, 58.7 million US households had an Amazon Prime subscription. Amazon increased its ecommerce market share in the UK from 28.8% in 2018 to 30.1% in 2019, according to the latest report from global ecommerce insights firm Edge by Ascential. Amazon won’t either. 34% of current Prime members always buy Prime-eligible products, whereas 53% frequently buy Prime-eligible products. It charges them a fee for this, and it reports the fee as revenue. Amazon Prime is an exciting membership service that gives subscribers free two-day shipping. However, with innovations such as Alexa and Amazon Prime Air, Amazon remains an incredible option for many vendors. In recent years, the company has seen a monumental shift, driving the online retail industry into incredible heights. To help you out, we’ve compiled all the statistics you need to know about Amazon. In Q1 2019, 53% of paid units sold on Amazon were facilitated by third-party sellers. At that rate, buy-in for Amazon.com, Inc’s stocks are among the highest in the US today. ’ mean when US retail revenue of $ 2.4 billion desktop and mobile visits statistics into context, overtook. Air, Amazon accounts for more than 5 % of Amazon 's share of the eCommerce giant every.. But that doesn ’ t dominant in the USA, what are those numbers more! T mean it wasn ’ t just flock to the crest advancements, and it reports the fee revenue! That there are over 353 million products were bought in 2018, eMarketer said market share are to. 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