Amazon's Future in Retail: Challenges and Opportunities in 2030

Desklib provides past papers and solved assignments for students. This report analyzes Amazon's future challenges.

Your industry in 2030:
Challenges and progress

Introduction
Retail businesses have constantly been on high
growth trends and witnessing highly positive
factors for their progress.

1. Company information
• Amazon is a multinational company, based in
Seattle, Washington, USA.
• The company has grown has immensely,
starting as an online bookstore to a global e-
commerce giant and cloud colossus.

2. Industry Background
• During the year, 2017, the
entire retail e-commerce
sales amounted to an
amount close to 2.3 trillion
US dollars, and according
to the business analyst, if
the factors supporting the
immense growth of retail
online sales continue to
favour, the entire sales is
projected to grow to 4.88
trillion US dollars by the
year 2021 (statista.com,
2019).

3. Future Plans and Progress
• Jeff Bezos, CEO of the company, Amazon, has
several projects lined up in the pipeline for the
future.
• The company plans to sell everything through
their online stores.

4. Challenges
• Amazon is a leading company in the e-
commerce sector, having dominance in the
entire world.
• There are several companies competing
against it, however, in order to sustain the
business and its leadership in the market, the
company will have to overcome various
challenges and issues in the sector, these have
been mentioned below:

Conclusion
The major conclusion that can be drawn from
the above discussion is the fact that Amazon
has huge amount of challenges and issues
developing before their future plans.

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