Global E-Commerce Revenue to Reach $8T by 2026: ABI
“Baseline” forecasts for e-commerce growth through 2026 “exceed anything seen in the prior six or more years,” reported ABI Research Thursday. It’s projecting global e-commerce revenue will reach $8 trillion in 2026, from $560 billion in 2020, noting the “explosive”…
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growth potential “underscores the need for supply chains to become more flexible and agile to address future disruptions and create more resilient value chains.” The COVID-19 pandemic exposed the weaknesses of “fragmented, regionally dependent, and inflexible supply chains,” said ABI analyst Susan Beardslee. “Even as current challenges subside, new, and potentially unforeseen challenges will become the norm, and companies will need to ensure supply under a more volatile business landscape.”