Media Digital Market Outlook’s latest forecast lowers global e-commerce revenue estimates for 2022. Global e-commerce revenues are expected to contract for the first time year-over-year in 2022, down 2.5% from 2021, due to supply chain issues and inflation.
The global e-commerce industry will need to overcome two major hurdles – a widely anticipated global recession and the ensuing rise in unemployment – before it can finally get back on track.
