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The term “ecommerce” refers to businesses and individuals that purchase and sell products and services online. E-commerce may be done on computers, tablets, cell phones, and other smart devices, and it operates in a variety of market categories. E-commerce transactions make almost every good or service conceivable accessible, including books, music, airline tickets, and financial services like stock trading and online banking. It is seen as a particularly disruptive technology as a result. Ecommerce may be thought of like a digital version of mail-order catalog shopping. Also called online commerce, ecommerce is the transaction between a buyer and a seller that leverages technology. This paper study & analysis the recent trends in e commerce, opportunities and challenges in the field of ecommerce. The worldwide revenue of ecommerce amounted to more than 3.53 trillion USD. It is projected to grow all the way to 6.54 trillion by the end of 2023. These numbers speak for themselves about the growth of the global ecommerce.
Manmeet Mahinderjit Singh (2023) studied this question.