IDC: E-commerce to top $1 trillion in four years

By Sharon Machlis, Computerworld |  Business

Worldwide Internet commerce will top $1 trillion by 2003, according to a new
report by International Data
Corp.
(IDC). The Framingham, Mass.-based research firm said more consumers buying
online, larger dollar amounts per transaction and increased business purchases on the
Web will contribute to that growth.

IDC forecasts that the number of users buying online will rise from 31 million last
year to more than 183 million in 2003. By 2003, U.S.-based users should account for
less than half of all Internet commerce, compared with 74% last year, the company said.

Join us:
Facebook

Twitter

Pinterest

Tumblr

LinkedIn

Google+

Answers - Powered by ITworld

ITworld Answers helps you solve problems and share expertise. Ask a question or take a crack at answering the new questions below.

Join us:
Facebook

Twitter

Pinterest

Tumblr

LinkedIn

Google+

Ask a Question
randomness