+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

How the retail industry will top $5.5 trillion by 2020

Nov 14, 2019, 18:31 IST

The future of retail is looking bright.

Business Insider Intelligence

Advertisement

So bright that Business Insider Intelligence, Business Insider's premium research service, expects the industry to top $5.5 trillion by 2020!

While in-store and desktop purchases are certainly helping the retail industry boom, the biggest factor for this incredible growth is in your pocket.

Find out why the smartphone will be crucial for retailers in 2018 and beyond with the second part of a brand new slide deck from Business Insider Intelligence called The Future of Retail: Mobile Commerce.

Here are some of the key takeaways:

Advertisement

  • US retail is growing $200 billion year-over-year
  • In-store retail is still dwarfing e-commerce
  • But e-commerce is growing almost 4x faster than in-store
  • Mobile commerce is driving most of that growth
  • And much more

To get your copy of the second part of this FREE slide deck, simply click here.

You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article