Amazon accounted for a whopping 4% of U.S. retail sales and an even more impressive 44% of U.S. e-commerce sales in 2017, according to a study from One Click Retail. This marks an increase in e-commerce market share from 2016, when it was responsible for 38%.
Amazon’s share of global retail sales has grown from an estimated $149 billion to hit $197 billion. Amazon grew its sales in its top product category, consumer electronics. Consumer electronics was Amazon’s biggest product category in 2017, as it brought in an estimated $8.5 billion in sales, up 4% year-over-year (YoY).
Table: BI Intelligence