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Feature: E-commerce to double year on year

E-commerce to double year on year

Date: 23 December 1999

E-commerce will double every year for the next three years, according to a report from Forrester Research. By 2004, 100m Europeans will shop online and sales to business and the general public will reach EUR1.6 trillion

(US$1.61 trillion).

E-commerce should make up at least 6.3% of total European trade

and business-to-business online trade will amount to more than three-quarters of e-business.

The northern countries of Europe should prosper but many of the southern countries could remain on the wrong side of the digital divide, the report said.

Source: Netimperative

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