Amazon's revenue growth will outpace Walmart's by a rate of three-to-one over the next five years, according to PYMTS. Amazon is projected to add $315B in additional revenue by 2025, 75% higher than its current total. Walmart is on track to add $100B to its revenue, a 23% increase from its present volume.
- Between 2020-2025, Amazon's revenue will increase by an average of $63B (15%) annually compared to Walmart, which will see sales rise by $20B (4.6%).
- PYMTS reached the three-to-one outperformance summation by comparing Amazon's projected 15% growth rate to Walmart's nearly 5%.
- According to PYMTS, both Amazon and Walmart control 9% of the U.S. retail market, but the e-commerce giant is expected to pull ahead by the middle of next year.
- Data shows Amazon will control 14% of the market in 2025, up from 2% in 2014. Walmart is projected to retain a 9%-10% market share.