European B2C Ecommerce To Pass $240bn By 2006
Business-to-consumer (B2C) ecommerce revenues in Europe are set to surpass $240 billion by 2006, representing a rise of 300% over 2003’s projected $60.7 billion spend.
This is according to new figures from eMarketer‘s Europe E-Commerce: B2B & B2C report, which shows that there will be an annual growth of approximately $60 billion between now and 2006.
Separate forecasts from the European Information Technology Observatory put western European ecommerce spend at â‚Ź2.2 billion by 2006 (see Western European Ecommerce Worth €309bn, Says EITO Report).