A new industry report projects that global e-commerce revenues will reach
$95
billion in 1999, and will exceed $1.3 trillion by 2003.
The numbers are from Peterborough, NH-based ActivMedia Research’s sixth annual
“Real Numbers behind Net Profits” study. Revenue growth rates of 150 percent — up from
72 percent — are forecast for 1999 and 138 percent for 2000 as online buyers rely on the
Internet for a wider range of goods and services, the report said.
“Expanding cross-language capabilities create increasingly permeable global
boundaries. Speedy digital information flow facilitates free trade and business worldwide.
Political improvements coupled with faster, more efficient cross-cultural
communications are fueling global e-commerce,” said ActivMedia’s vice president of market research Harry Wolhandler.
The report also says:
- 72 percent of Web sites are still based in the U.S.
- 92 percent of e-commerce is generated through U/S.-based Web sites.
- Exports are becoming increasingly critical to U.S. e-commerce growth.
- 9 in 10 revenue dollars are product and service sales, not ads.
The 6th wave update, “Real Numbers Behind ‘Net Profits 1999” study, is
available for $2,995. It contains 175+ detailed tabulations each shown for
125 subgroups
in the 193 page report.
The company said the study is written based upon an n-th random sample drawn
from 550,000 English-language publicly listed URLs. More than 890
respondents took part in the survey.