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E-Commerce
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eMarketer: Worldwide B2B revenues to pass one
trillion
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Apr 01 2003: eMarketer predicts that worldwide B2B
ecommerce revenues will surpass USD1.4 trillion by
the end of 2003.
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By 2004, worldwide ecommerce revenues are expected
to total USD2.7 trillion.
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According to the research company’s latest report,
the US will account for over one-half of worldwide
revenues this year.
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At the end of 2003, B2B ecommerce revenues in the US
will total USD721 billion. By 2004, the US ecommerce
revenues are expected to reach USD1.01 trillion.
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The report also reveals that 70 percent of companies
have experimented with purchasing online, but less
than 10 percent of their total spending is currently
being channeled via the Internet.
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