News

US e-commerce to witness double-digit growth – report

Wednesday 7 April 2010 11:32 CET | News

US retail e-commerce sales will jump by 12.7% year-over-year during 2010 and reach USD 152.1 billion, according to forecasts made by research firm eMarketer.

In 2010, the number of US customers who will research products online is projected to reach 162 million, with 82 percent of online researchers, accounting for 133 million people, turning into online shoppers. Sales in the online travel sector will grow by 4.6 percent annually and total USD 92.5 billion in 2010. Online retail and online travel will register USD 244.6 billion in 2010, growing at a 9 percent compound annual rate from 2009 to 2014, the same source indicates.

In the next two years, e-commerce growth is expected to continue at the same pace, indicating that the economy is on its road to recovery. By 2012, e-commerce sales are to jump to USD 189.9 billion, up 11 percent year-over-year.
 


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: e-commerce, online shopper, online retail, online travel
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce






Industry Events