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The online retail market is set to skyrocket from $70 billion in 2022 to a staggering $300 billion+ by 2030, driven by the strategic integration of artificial intelligence by online retailers. Social commerce, sustainability and social responsibility, personalisation, and voice search are key trends that will move the needle in online retail in 2024. AI is likely to impact education, cybersecurity and manufacturing, among other sectors, as technology continues to evolve.
