Amazon Statistics 2024: Interesting Facts and Trends

If there is one company that has transformed the world of online shopping and e-commerce, it’s Amazon. Founded in 1994 by Jeff Bezos, Amazon has grown from a small online bookstore to the largest online retailer in the world. It’s hard to imagine a world without Amazon, where you can order anything from groceries to electronics and have it delivered to your doorstep in just a few days.

But we all know this, and there are many things and facts you don’t know. There are many facts and statistics that the general public is unaware of. Many people want to know some interesting Amazon Statistics and facts.

This article will tell you the top 50 Amazon Statistics and Facts.

Amazon Statistics- Unknown Facts:

Amazon is possibly one of the most well-known companies in the world. Every time someone looks for goods to buy online, they are seen on this website. Even if you don’t shop online, you’ve probably heard about Amazon’s success or Jeff Bezos’s wealth.

This is because Amazon is always in the news when there are stories about the stock market or wealthy businesses. Even though Amazon is always in the news, some facts about the company are not as well known. Here is a list of them:

Amazon General Stats
  • Even though it started as a bookstore, Amason.com is now a tech company aiming to simplify online transactions for goods.
  • Amazon owns a wide range of goods, including Amazon Game Studio, Amazon Drive, a cloud storage app, and Amazon Web Services (AWS), a complete cloud platform used by many tech people worldwide.
  • The “One Click” patent was given to Amazon in 1999. The United States stopped using this patent on September 11, 2017, and it has not been extended yet.
  • Amazon owns more than 40 companies and brands. Some of the best-known are Whole Foods, Audible, GoodReads, and Twitch, a live-streaming platform.
  • Through Amazon Smile, the company gives money to charity. When people shop on smile.amazon.com, which has the same products and prices as Amazon, 0.5% of their eligible sales go to a charity of their choice.
  • In 2012, Amazon paid $775 million to buy Kiva Systems, a robot company. Over 200,000 mobile robots now work in Amazon’s warehouse network. They bring shelves of products to workers and read tags on the ground to figure out where to go.
  • Amazon has a store called Amazon Books that combines internet shopping with in-person shopping. In 2015, Amazon opened its first store that sold books. It was in Seattle, near the University of Washington.
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Amazon’s Market Share:

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The biggest market share in the US retailing belongs to Amazon. As of June 2022, it has 37.8 per cent of the market, followed by Walmart with 6.3 per cent, Apple with 3.9 per cent, and eBay with 3.5 per cent. The big margin is a good sign that Amazon will still be the most popular online store in the US in 2024 and beyond.

Amazon’s Net Sales In 2024:

Amazon, the world’s largest online retailer, has once again proven its dominance in the e-commerce industry with a staggering total sales figure of 514 billion dollars. This impressive number represents a seven per cent increase in net sales compared to the previous year.

However, upon closer examination, we can see that the net sales increase, excluding the unfavourable impact of foreign exchange rate fluctuations in the last quarter, amounts to a remarkable 10 per cent. It’s no wonder that Amazon remains a top-performing company and a household name in the business world.

Annual Net Sales Revenue Of Amazon (2004 to 2022):

From 2004 to 2022, the net revenue of Amazon.com’s e-commerce and service sales increased tremendously. In the last reported year, the multinational e-commerce company’s net revenue was almost 514 billion U.S. dollars, up from 470 billion US dollars in 2021.

Amazon, a U.S. electronic commerce company founded in 1994, is the world’s largest online retailer of books, clothing, electronics, music, and many more goods. As of 2022, the company generates most of its net revenues through online retail product sales, followed by third-party retail seller services, cloud computing services, and retail subscription services, including Amazon Prime.

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Here’s the yearly breakdown of the Annual Net sales revenue of Amazon.

YearRevenue ($bn)
20058.4
200610.7
200714.8
200819.1
200924.5
201034.2
201148
201261
201374.4
201488.9
2015107
2016135.9
2017177.8
2018232.8
2019280.5
2020386
2021470.8
2022514

Amazon’s Brand Value In 2024:

Despite a comparatively small increase from the previous year, Amazon shattered records by gaining a brand value of 705.65 billion dollars, solidifying its position as one of the three most valuable brands worldwide. This multinational corporation continues to expand its global impact through a diversified range of revenue streams.

In addition to expanding its online product and service offerings, Amazon has recently opened physical stores in the United States, further bolstering its presence in the retail industry. Furthermore, the company has been amplifying its cloud services through Amazon Web Services (AWS), which provides cloud-based computing resources and offers subscription services such as Amazon Prime and ad spaces, which continue to propel Amazon’s growth and success.

Amazon Revenue Breakdown (Segment & Region)

Amazon Revenue Segment

The revenue of Amazon is divided based on segments as well as regions. Amazon has its own set of profits and revenues from different segments like online, offline stores, or retail. Also, the revenue can be divided based on region.

Here’s the detailed data for both segments.

Amazon Revenue Based On Segments From 2014 To 2022($bn):

Here’s what the company earns based on different segments.

YearOnline storesPhysical storesThird-party retailSubscription servicesAWSAdvertisingOther
201468.5 11.72.74.6 1.3
201576.8 164.47.8 1.7
201691.4 22.96.312.2 2.9
2017108.35.831.89.717.4 4.6
2018122.917.242.714.125.6 10.1
2019141.217.153.719.235 14
2020197.216.280.425.245.315.55.9
202122217103.331.762.231.13.4
202224517.4117.235.371.8385.1

Amazon Revenue Breakdown By Region From 2006 To 2022 ($bn):

Again the company’s revenue highly depends on the region in which it is situated. Here’s the updated data.

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YearNorth AmericaInternationalAWS
20065.64.8 
20078.16.7 
200810.28.9 
200912.811.6 
201018.715.5 
201126.721.3 
201234.826.2 
201344.529.9 
201450.833.54.9
201563.735.47.8
201679.743.912.2
2017106.154.317.4
2018141.365.825.6
2019170.274.735
2020236.2104.445.3
2021271121.357.2
2022294.7139.767.3

Bonus – Interesting Facts About Jeff Bezos:

Now that we have discussed the Amazon Company let’s talk about some facts about the owner. Here are some interesting facts about Jeff Bezos.

  • Jeff Bezos started Amazon in late 1994. For more than 25 years, he was the company’s CEO. On July 5, 2021, he stepped down from this post.
  • When Amazon went public in 1997, Bezos’s net worth went up to $120 million.
  • At the moment, Bezos is considered the third richest person in the world, after Bernard Arnault and Elon Musk. His net worth in 2022, according to Celebrity Net Worth, was $130 billion. Forbes says this is the first time in four years that Bezos has dropped to No. 3. He lost to Musk because Amazon stock dropped by 3% and gave $6 billion to different charities.
  • Bezos makes about $8.9 billion every month, which is $321 million daily. Bezos’s paycheck is $81,000 per year.
  • In August 2020, the former CEO of Amazon hit a new record net worth of $200 billion.
  • Bezos gets money from the Amazon shares he owns. Since the company went public in 1997, he has sold about $27 billion worth of Amazon stock.
    In 2010, Bezos sold 6,000,000 Amazon shares for $793 million.
  • Bezos put $7.5 billion into Blue Origin, a private spaceflight business that sends people to space.
  • Jeff Bezos paid $250 million for The Washington Post in 2013 because he thought journalism was the most important part of society.

Summing Up:

Amazon has had a remarkable journey from a small online bookstore to a global e-commerce giant. In 2022, Amazon’s revenue, profits, and market share grew. Looking ahead to 2024, Amazon’s retail sales, advertising revenue, and membership in Amazon Prime are all expected to increase. However, Amazon also faces challenges in labor relations and antitrust regulation.

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