Technology is the mainstay of e-commerce. It connects sellers and customers on mobile and web platforms. It facilitates customer order, delivery, return, and payment management in a fuss-free manner. Overall, technology plays a vital role throughout the e-commerce value chain in marketing, advertising, and other areas. Technology in eCommerce enables increased search, customization, and personalization. Nowadays, advanced technologies are making things easy for eCommerce players and reaching critical levels of prominence in the e-commerce value chain. As per e-commerce development reports from eMarketer research company, global e-commerce sales reached 4.1 trillion and 4.5 trillion U.S. dollars in 2020 and 2021, respectively. The same trend is likely to continue with expected growth of $5 trillion in 2022. Find information on the five emerging technologies that will influence e-commerce the most.
The retail sector has witnessed tremendous changes in the last decade. The e-commerce potential is undeniable. It helps many businesses and boosts economies at the global level. The vital advent of advanced technologies has bolstered e-commerce companies digitally. Digital commerce growth is an indispensable part of modern lives. With more and more people embracing digital technologies, eCommerce companies rely on innovative technologies to catch their customers and create distinguished experiences online.
This blog highlights how emerging technologies pr