From Concept to Reality: Developing an App Like Amazon
The US E-commerce market has long been led by local online retailers, but now two international companies, Temu and Shein, are challenging the status quo. The e-commerce industry in the US is expected to generate $1.2 trillion in revenue in 2024, and by 2029 Americans’ growing love for online shopping is predicted to boost this figure to $1.8 trillion. Among the most popular products bought online are electronics and fashion items as they attract the most shoppers. “Amazon Reigns and Other Follows” Amazon dominates the market, with other retailers following behind Amazon is the clear leader in the US online retail market, holding nearly 37.6% of the market share. Popular e-commerce apps like Amazon have become the go-to option for online shopping. Today, the way businesses operate has shifted from traditional methods to AI-powered and digital. Many businesses are developing their shopping apps like Amazon, such as Walmart, eBay, Alibaba, and ...