eCommerce App Development To Accelerate Post-COVID-19 Recovery

Posted By : Anirudh Bhardwaj | May 25, 2021

eCommerce App Development Services To Accelerate Post-COVID-19 Recovery

The COVID-19 pandemic brought massive economic disruptions across the globe, causing businesses to adopt makeshift operational strategies in adherence to the local laws and guidelines. More than a year into the pandemic, we are still trying to get things squared away quickly. Although several businesses are still bearing the brunt of the pandemic, many others took this opportunity to proliferate their sales through eCommerce. 

 

In the wake of the COVID-19 pandemic, eCommerce became one of the most profitable industries worldwide. With online shopping becoming more of a necessity than a choice, we saw global eCommerce statistics indicating unprecedented figures in 2020. Even today, a majority of shoppers prefer online channels for their day-to-day purchases. Let’s move ahead and look at some statistics that indicate the growing popularity of eCommerce app development services

 

Also, Read How eCommerce Impacts Supply Chain Management Strategies

 

The Impact of COVID-19 Pandemic On eCommerce Development Services

It’s quite evident that 2020 has been the year of eCommerce if we leave the negative aspects behind. Although eCommerce was already gaining traction worldwide, the COVID-19 outbreak proliferated the growth to unprecedented levels. According to UNCTAD, global eCommerce sales jumped to $26.7 trillion amidst COVID-19 concerns. Similarly, Contact Pigeon reveals that the average number of items per order increased by 60 percent during the pandemic. 

For example, the below curve clearly illustrates the impact of COVID-19 on online sales in Italy. 

eCommerce 2020 statistics in Italy
Source: Statistica

 

Here, we can see sharp spikes between the growth period i.e. February and March 2020, indicating that COVID-19 acted as a major catalyst for online sales. 

In the US, the growth took place at a massive scale, making eCommerce one of the fastest-growing industries in the country. As per the early estimates of Digital Commerce 360, the overall consumer spend on eCommerce turns out to be $861.12 billion in 2020. It represents a whopping 44 percent year-over-year growth, the highest eCommerce growth to this date in the country. 

The following curve highlights the year-on-year eCommerce growth in the US over the past decade. 

eCommerce App Development Services Statistics USA
Source: Digital Commerce 360

 

Here, we see a clear distinction between 2020 and the remaining period of time that only represents a minuscule growth. 

 

Also, Read Debunking Common Myths Associated With eCommerce App Migration

 

Future Predictions For eCommerce App Development Services

The aforementioned statistics clearly indicate the growing popularity of eCommerce app development services in the wake of the COVID-19 pandemic. Also, in the above discussion, we mainly focused on the previous year’s data that is available in the context of eCommerce. Here, we’ll talk about the upcoming trends and future predictions in light of the current pandemic situation. 

 

Although with several vaccination programs underway, we seem to be getting over the hump in 2021, eCommerce app development services continue to make strides. According to Statistica, over 2.14 billion people are likely to make purchases online in 2021. Similarly, the early forecasts by Statistica reveal that global online sales are likely to grow to 22 percent of all retail sales in 2023. This fraction was a mere 14.1 percent in 2019. 

eCommerce Development Services Statistics 2020-21
Source: Statistica

The above curve provides easily discernible data to help you extrapolate the extent of growth that is likely to occur in the eCommerce sector in the coming years. 

 

You may also be interested in reading Optimize Your eCommerce Store For Mobile Devices

 

Closing Remarks

The impact of COVID-19 on online sales has been apparent, ever since the pandemic began. The aforementioned statistics reaffirm the widespread growth of online sales and highlight the growing popularity of eCommerce app development services. The sheer volume of online orders that we see today is a clear indication that eCommerce is here to stay. That said, it is an opportune time for retailers, merchants, and store owners to leverage eCommerce development services to build a digital presence. 

 

At Oodles ERP, we provide end-to-end eCommerce app development services for cross-industry business use cases. Our development team specializes in using the latest tools, frameworks, and SDKs to build custom online stores for web and mobile platforms. We use open-source software platforms like Shopify, Magento, Prestashop, and WooCommerce to develop feature-rich eCommerce solutions that are easy to scale. To learn more about our eCommerce development services, drop us a line at [email protected].

About Author

Anirudh Bhardwaj

He is a technology enthusiast with 3+ years of experience in producing insightful content on projects related to next-gen technologies like AI, Blockchain, ERP, OTT, Cloud, Big Data, AR/VR, IoT, and more.


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