Amazon is viewed as quite possibly of the most recognizable brands in the world and is responsible for $386 billion in revenue in 2020. Amazon was the fourth tech company to reach a $1 trillion market cap, and very soon it will be reaching to $2 trillion market cap.
Amazon originally started its journey as an online bookstore in 1995, the company in its initial days spent as a business for other sellers just like eBay. However, the founder of the company, Jeff Bezos always envisioned it would be an “everything store” and therefore added other items to the e-commerce platform.
By the beginning of the 2000s, Amazon had its own distribution centers, despite the fact that it wouldn’t be until some other time in the ten years when it began its own delivery services.
Launch of Amazon Web Services (AWS)
At the beginning of the 2000s, Amazon launched “Amazon Web Services (AWS)”, which was originally built to help third-party retailers build websites quickly. Also, from that time, it has turned into the biggest cloud computing business in the world. Today, it has over 30 percent of the market share.
As Amazon’s e-commerce platform continued to grow, the company was looking for further ways to generate revenue. The company launched Kindle in 2007, which was an e-reader application, as the primary hardware for its Kindle e-bookstore. The company also launched tablets and connected TV devices, under the Fire brand.
Although not all of Amazon’s hardware has been successful in 2014, the company still launched the Fire Telephone, which had a burdensome 3D screen.
Like the one in the HTC first (Facebook Phone), however, it failed to capture audiences in the US or abroad and was therefore canceled soon after.
Catching Hold of Customers
Amazon in the year 2005 created Prime so as to get hold of its customers. The service that it provided to its subscribers is free delivery of most items, and Amazon also added video and music in real-time, close to different administrations.
Starting around 2021, Amazon has more than 200 million Prime endorsers, out of which 147 million customers are from the United States. Amazon prime video counted in excess of 175 million extraordinary watchers in 2021, and Amazon as of late acquired MGM studios for $8.4 billion, adding more exclusive films to its platform.
Acquiring Twitch.TV and Launching Go
In the year 2014, Amazon even acquired Twitch.TV at a cost of $97 million. Twitch.Tv is a live streaming service primarily dedicated to games. In the year 2017, the company made its largest acquisition to date, paying $17.4 billion for Whole Foods.
In the next year, Amazon launched “Go” a small chain of stores where cameras and sensors were used instead of cashiers. Till now Amazon has launched eight such stores in the United States, however, it failed to interest any third-party retailers.
Acquiring Ring Doorbell and Earning Revenue from E-commerce Platform
Amazon is quite possibly the biggest rival in the Internet of Things market, with Amazon Echo as the center point and Alexa as the personal assistant.
The company even acquired Ring Doorbell for $1 billion in 2018 and since then has launched other types of Echo devices.
While Amazon still makes a big amount of profit from its e-commerce business, it has huge increase in revenue from AWS and subscriptions in the past year.
The covid 19 pandemic provided Amazon a great boost in sales across the board. This almost doubled Amazon’s stock prices since March 2020.
Here we have collected a few data and statistics on Amazon, continue further to find out more.
Amazon Key Statistics
Amazon produced $470 billion income in 2021, making it the third biggest organization on the planet by income.
Amazon Web Services was answerable for 13% of that income.
Amazon acquired a $33.3 billion overall gain in 2021, around half of which came from AWS.
A total of 200 million clients buy into Amazon Prime around the world, with 147 million in the US alone.
Amazon Prime Video had 175 million clients in 2021, while Prime Music came to 68 million in the year 2021.
Launch Date: Amazon started in July 1994.
Location: Amazon’s headquarters is located in Seattle, Washington.
Executive Chairman: Jeff Bezos is the executive chairman of Amazon, Andy Jassy as CEO and Brain Olsavsky as CFO.
Business Type: Public (NASDAQ: AMZN)
Industry Type: Amazon is an E-commerce industry.
Total Revenue of Amazon
Amazon is the third largest public company today all over in the world by revenue. It has left behind Walmart and China’s state Grid. The company saw a 37.6% increase in its revenue in the year 2020, which is its largest percentage gain since 2011, somewhat due to the covid-19 pandemic.
Amazon’s Quarterly Revenue From 2018 to 2022
Amazon’s Annual Revenue From 2017 to 2021
Breakdown in Revenue of Amazon
Amazon breaks out income by segment and region. Although a majority of the revenue for Amazon comes from e-commerce, Amazon is a first-party and third-party reseller, apart from that it also provides subscription services and also owns Whole Foods.
Breakdown in Amazon’s Revenue by Segment From 2018 to 2021 ($bn)
Breakdown in Amazon’s Revenue by Region From 2016 to 2020 ($bn)
As Amazon had a low profit in the first decade and a half of its existence, thus, was considered as a low-profit venture. However, CEO Jeff Bezos by reinvesting bought most of Amazon’s profits back into the company.
Today, this is not true anymore, with exceptionally productive portions like AWS pushing the organization’s absolute benefit above $10 billion in 2018 and $20 billion in 2020.
Amazon’s Quarterly Net Income From 2005 to 2022
Amazon’s Annual Net Income From 2017 to 2021
Revenue of Amazon Web Services
Amazon Web Services (AWS), which was started by Amazon as a side venture, has today turn into a huge part of the organization’s overall revenue development.
Today, Amazon Web Services AWS has become the biggest cloud computing service on the planet with an expected 32% of the total cloud market.
Quarterly Revenue by Amazon Web Services (AWS) in Billions
Annual Revenue of Amazon Web Services in Billions From 2017 to 2021
Amazon’s Subscription Revenue
Amazon’s subscription revenue in bulk comes from Prime, through which it also offers video and streaming, free books and magazines, photograph storage, and different advantages.
Amazon’s Annual Subscription Revenue in Billions From 2017 to 2021
Amazon’s Advertising Revenue
Amazon has built a respectable advertising platform, which it runs on its store. In the year 2021, it made more revenue than PayPal or eBay.
Amazon’s Annual Advertising Revenue in Billions From 2020 to 2021
Amazon’s valuation has increased rapidly in the last five years, from $172 billion in 2015 to $1.6 trillion in 2022. During the Covid-19 Pandemic, Amazon emerged out as one of the big winners, regarding stock cost, with a 67% increment in valuation from March 2010 to March 2021.
Amazon’s Annual Valuation in Billions From 2018 to 2022
Amazon Prime subscribers
Amazon Prime has filled in value as Amazon has extended its store and conveyance targets. With Video, Music, digital books, magazines, cloud storage, and other additional items, Amazon has made a lock-in effect like Apple’s iOS.
Amazon Prime Annual Subscribers in Millions From 2017 to 2021
Annual Subscribers of Amazon Prime in Millions in the US From 2017 to 2021
Users of Amazon Prime Video
Over the last three years, Amazon has seen enormous growth in its Prime Video offering. The company started investing in original programming in 2015 with Man in High Castle, and later on acquired MGM studios for $8.4 billion to add more exclusive content.
Amazon Prime Video Users in Millions From 2019 to 2021
Amazon Prime Content Spend
Amazon spent a total of $ 13 billion on content for Amazon Prime Video in 2021, a $2 billion increase on 2020 figures.
Amazon Prime Music Users
Amazon Prime Music reached 68 million users in the year 2021, this made Amazon Prime the third most well-known music streaming stage in the West.
Amazon did not disclose how many users have paid for the Prime Music Service, as it is available for free with ads.
Annual Users of Amazon Prime Music in Millions From 2018 to 2021
Amazon Music vs Competitors: Subscribers
Spotify is the king of the pack when it comes to overall users, although the following chart only covers YouTube Premium users. YouTube has far more total users.
Subscribers of the Music Streaming Platforms in Millions From 2016 to 2021
Amazon Echo Sales
Amazon Echo is a well-known smart hub, it comes in several form factors that include Show, Dot, Sub, and Flex. Amazon’s Alexa, a smart assistant operates on the Fire TV stick and other third-party accessories.
Annual Sales of Amazon Echo in Millions From 2017 to 2021
Amazon Fire TV market share
Although Roku is the king in the United States, Amazon’s Fire TV is the most popular connected Television Device, which even surpasses gaming consoles in deals.
Google’s Chromecast has neglected to satisfy its initial achievement, with Samsung’s connected televisions in second place.
Tv Market Share Worldwide Q4 2020
Amazon Appstore Applications
Amazon’s Appstore runs on the Android operating system, however, as the Fire platform has become popular today, developers have fine-tuned Applications as per the Amazon specifications.
We will without a doubt see a more prominent measure of this as Amazon’s Appstore will be accessible on Windows 11.
Number of Applications in the Amazon’s Appstore From 2017 to 2021
How many Kindles till now have been sold?
Amazon till now has been able to sell 20 to 90 million Kindle e-readers since its launch.
What is Amazon’s e-book market share?
Amazon’s e-book market share is between 67 to 85 percent as per About eBooks.
How much stock does Amazon’s Ex-CEO, Jeff Bezos own?
Amazon Ex-CEO Jeff Bezos owns 10.3 percent of Amazon and is considered to be the wealthiest person on the planet on May 2021.
How many products are available today on Amazon?
Amazon today sells over 350 million products. This also includes 12 million products sold by Amazon itself.
How many people shop on Amazon?
Amazon does not provide this information. However, as per some sources over 90 percent of shoppers in the United States and the United Kingdom use the Amazon application.
It is estimated that monthly active users of Amazon range from 300 to 600 million, albeit a portion of these won’t make a buy-in at that time.