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The Booming Online Retail Market: Trends, Drivers, and Future Prospects | #online Retail Market

The Booming Online Retail Market: Trends, Drivers, and Future Prospects

The Booming Online Retail Market: Trends, Drivers, and Future Prospects

The global online retail market is undergoing significant expansion, with a valuation of USD 4.56 trillion in 2022 and a projected growth to USD 9.93 trillion by 2030, at a compound annual growth rate (CAGR) of 10.21% from 2023 to 2030. This remarkable growth is fueled by several factors,