Over the past two decades, the internet's profound impact has revolutionized various aspects of life, transforming how people live, shop, socialize, and find entertainment. Technology adoption on a large scale, rising internet usage, and widespread use of mobile phones have radically changed how people communicate and conduct business, resulting in considerable breakthroughs in e-commerce.
The rising need for AI-powered features, notable expansion in cross-border trade opportunities, and innovations of secure digital payment systems contribute to the growth of the global e-commerce market. The global e-commerce market is expected to grow at a CAGR of 25.8% by 2033.
