Cyber Monday was created in 2005 when dial-up internet speeds were still our nemesis and the National Retail Federation wanted to create a holiday that would incentivize people to shop online. Now, over a decade later, that exercise in creativity has spawned the biggest shopping day of the year.

This year's Cyber Monday is forecasted to be the largest online shopping day in U.S. history, according to Adobe (ADBE) analytics. A record of more than $5 billion was spent by the end of Black Friday - an upswing of nearly 17% year over year. Here's a brief overview of some of the number's from years past. 


2014 - $2.65 billion 

2015 - $2.98 billion

2016 - $3.45 billion 

2017 - forecasted at a whopping $6.6 billion


Watch More with TheStreet:

Don't miss the best videos of the week. Put Wall Street on Rewind and sign up for our weekly newsletter.

More from Video

Should You Only Buy Closed-End Funds Trading at a Discount?

Should You Only Buy Closed-End Funds Trading at a Discount?

How to Get a Powerful Income Portfolio Boost With Closed-End Funds

How to Get a Powerful Income Portfolio Boost With Closed-End Funds

Everything You Need to Know About Closed-End Funds to Boost Your Portfolio

Everything You Need to Know About Closed-End Funds to Boost Your Portfolio

We Need More Women in The Middle Before They Can Rise to the Top

We Need More Women in The Middle Before They Can Rise to the Top

Market Movers: FOMC Meeting

Market Movers: FOMC Meeting