If you think online shopping is big now, brace yourself. It’s about to get even bigger.
The world’s four largest online retail markets will double in size by 2018, according to research released this week.
Online sales in the United States, the United Kingdom, Germany and China will reach $985 billion during the next three years, the study by PayPal, Google and others found.
Purchases made via mobile devices will drive much of the growth, the report predicts.
“The number of people with Internet access is growing fast, with many new consumers skipping the desktop phase entirely and only experiencing the web through a smartphone,” said Martijn Bertisen, a Google sales director.
The growth in online shopping has driven major shipping increases. During the past five years alone, the Postal Service’s package volumes have surged about 30 percent.
The Postal Service also has introduced the My USPS.com app, which allows customers to manage and track their USPS-shipped packages.