None_Provided
Gartner sees big global e-commerce growth in Q4
Worldwide e-commerce revenue expected to grow 85.5%
Stephen Lawson, HONG KONG
Growing Internet use will lead to booming electronic commerce revenue outside the US in this year's fourth quarter, according to projections by Gartner Group.
Worldwide e-commerce revenue in the quarter, which marks the all-important Christmas shopping season, is expected to grow 85.5% to $US19.5 billion from $10.53 billion in the fourth quarter of 1999, the technology market research company said …
Is this Essay helpful? Join now to read this particular paper
and access over 480,000 just like this GET BETTER GRADES
and access over 480,000 just like this GET BETTER GRADES
…to 5.38 billion from 2.74 billion a year earlier, will make up 27.5% of total world revenue, a slight increase from 26% in fourth-quarter of 1999. Asia-Pacific excluding Japan will see revenue of $1.6 billion, up from $840 million a year earlier, with the region's share of the world's e-commerce consumption growing slightly to 8.2%, as compared to 8% in the same quarter a year ago.
Gartner Group, in Stamford, Connecticut, can be reached via the Web at http://www.gartner.com/.
------------------------------------------------------------------------
**Bibliography**
Need a custom written paper? Let our professional writers save your time.