The US ecommerce market continues to grow, largely driven by leading marketplaces like Amazon, eBay and Walmart. According to the Q3 2016 report from the US Department of Commerce, online orders accounted for 8.4% of total retail sales, up from 7.4% a year ago.
Retail sales are expanding as a whole, but by just 2.2% year-over-year. Retail growth has remained at 2.2% for three quarters in 2016 already.
Ecommerce sales grew by 15.7% compared to Q3 2015, reaching over $101 billion. Ecommerce sales have been growing by 15% for over a year. A big part of this is Amazon which reported 26% growth the same quarter. In comparison eBay grew by just 4%.
These numbers continue to be exciting for everyone in the ecommerce market as it remains growing. Even given the massive success marketplaces had already, ecommerce is still less than 10% of total retail.