5 Online Business Concepts That Will Thrive By 2025 By IBTimes Staff Reporter Only 13.6% of sales were made from online purchases in 2019 This number has increased to over 19% in 2021, and is expected to propel to over 45% by 2024. The Australian e-commerce market revenue in 2020 exceeded USD $27M. 2021 is undoubtedly one of the most business-friendly environments that we have seen in quite a while; the proliferation of social media advertising, digital marketing, and AI software business tools has meant that business owners can by-pass the limitations imposed upon them by their domestic markets, and address a globally accessible customer base. Thanks to the effects of the COVID-19 pandemic- which significantly pushed consumers towards favouring an online shopping structure, the global e-commerce market has boomed. This has increased the amount of opportunities available for aspiring entrepreneurs, albeit in thriving levels of high competition.