How much money do people spend online?
According to a study conducted by Statista, global e-commerce sales amounted to approximately 5.2 trillion U.S. dollars in 2021, and are projected to reach 7.4 trillion U.S. dollars by 2025. This indicates a substantial amount of money being spent by people online. However, it's worth noting that this figure represents the total value of online sales globally and does not account for the spending habits of individuals. To get a more precise understanding of how much money individuals spend online, it would be necessary to examine data on a smaller scale, such as household or consumer level. Additionally, the amount spent online can vary significantly depending on factors like geographic location, income level, and personal preferences.