Global IT spending reached $975 billion in 2001 and is expected to increase to an estimated $1,116 billion by 2004 – a compound annual growth rate of 4.6%. These forecasts from Datamonitor have been reduced due to the impact of the global economic slowdown.

Email marketing has now become ‘a more cost-effective way to acquire and retain customers than direct mail’, says a report from GartnerG2 released this week. The research company forecasts that US email advertising revenue will reach $1.3 billion this year, up from $948 million in 2001. By 2005, it is expected to rise to total… Continue reading US Email Ad Revenue To Reach $1.5bn By 2005, Finds GartnerG2

The US online advertising market is due for expansion, with growth of 11.0% forecast for 2002, according to the Online Advertising Report released by eMarketer this month. Following a tough year for both online and offline media in 2001, exacerbated by the 11 September attacks, the consensus is that the worst is now behind the… Continue reading US And Worldwide Internet Population And Advertising Forecasts

The number of consumer magazine launches in the UK during the first two months of 2002 rose by 61% year on year, according to the April issue of Seymour‘s Monthly Monitor, as reported by the Periodical Publishers Association (PPA). During January and February 58 new consumer mags hit the market, as compared with just 36… Continue reading UK Consumer Mags Launches Rise In Early 2002

Frost & Sullivan has forecast that m-commerce is set to take off over the next few years and that the market for mobile transactions will be worth $25 billion by 2006. This equates to around 15% of all estimated online e-commerce consumer spending. Spending via mobile phones will, says Frost & Sullivan, will comprise: automated… Continue reading Insight Analysis: Our Mobile Cash Future

Europe’s IT services market will not ‘revive’ until 2003 and a return to the boom years of the 1990s will never happen, according to a new report by Forrester Research. Moderate growth will take spending to Eur120 billion by 2006, up 35% when compared to 2000, says the report “Europe’s IT services market changed course… Continue reading European IT Services Market Will Not Revive Until 2003, Warns Forrester

Online sales in Europe will reach Eur97.8 billion (£60.4 billion) in 2002, a 47.7% increase on the Eur66.2 billion of 2001, according to data released this week by GartnerG2. Despite this sharp increase, online sales will still only account for 2.3% of all retail in Europe. By 2005, the European online retail market will grow… Continue reading European Online Sales To Almost Treble By 2005, Says GartnerG2

Women in Europe are continuing to increase their usage of the internet, but behave differently online to men, according to new research from Jupiter MMXI. The research showed that while women spend less time on the internet each month- just under 7 hours compared to just under 10 hours for their male counterparts- they spend… Continue reading New Research Reveals Women’s Web Habits

New research from the US Department of Commerce reveals that internet use amongst the American population is increasing across all demographic groups and geographic regions. The report A Nation Online: How Americans Are Expanding Their Use Of The Internet found that the US online population is growing as computer use in schools and workplaces becomes… Continue reading US Internet Use Grows Across All Geographic And Demographic Groups

CIBC analyst Jason Helfstein says that US radio, being a ‘high-growth, high-return business’ is well-positioned to benefit from the rebounding economy. “Radio as an industry is well positioned to benefit from a cyclical recovery, however, certain operators will be able to take advantage of the capital markets to add stations, which should enhance their growth… Continue reading US Radio ‘Well Positioned’ To Benefit From Rebounding Economy