US online sales of non-travel-related products will reach $13.8 billion in value, according a new forecast from comScore. This would represent a growth of 27% over Q4 2001, according to the company’s historical data. The group predicts that the holiday season’s spending will begin in earnest in the US on Monday 2 December, when consumers… Continue reading US Q4 Online Sales To Grow By 27%, Says comScore
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As internet usage grows, the medium is set to take a growing share of total advertising spend over the next several years, according to a report from JPMorgan, as covered by Jack Myers Report. Looking at the US market, the report predicts that as advertisers look to reach consumers in what is an increasingly fragmented… Continue reading Internet Will Take Increasing Share Of Advertising, Finds JPMorgan
Falling CD sales have prompted the music industry to resume its attack on the internet. It is backed up by growing evidence that the rise in illegal downloading is impacting on artists and record companies. New data from PricewaterhouseCoopers reveals that CD shipments in the US fell by 7% in the first half of 2002.… Continue reading Fall In US Music Sales Blamed On Internet Downloaders
A new report from Forrester Research reveals that while the growth in internet usage is slowing, there are now more regular online shoppers. The internet penetration rate in Europe rose from 43% in the final quarter of 2001 to 46% in the second quarter this year. However, although the number of new internet users appears… Continue reading Europeans Revel In Online Shopping Experience
US online retail sales increased by 3.7% in the second quarter of 2002, but market share slipped to 1.2%, according to the US Commerce Department. New figures show that ecommerce sales totalled $10.24 million, up from $9.88 million in the first quarter of the year. However online purchases were up by 24.2% year on year.… Continue reading US Ecommerce Sales Exceed $10 Million In Q2
The number of US broadband subscribers is likely to treble in the next five years, according to a study by the Leichtman Research Group. Analysts estimate that 12.5 million US households had high-speed access to the internet at the end of the first quarter of 2001. This is set to increase to 37.3 million by… Continue reading Broadband In Half Of Online Homes By 2007, Says Leichtman
Internet penetration in Ireland has now reached 38% of adults, or 1.1 million adult users, representing a 5% increase on the second quarter of 2001. Data from Amárach Consulting also forecast that penetration will reach 46% by Q2 2004, although the rate of growth is continuing to slow. By way of comparison, Ireland’s internet penetration… Continue reading Ireland’s Net Penetration Hits 38%, But Growth Is Slowing
European online trade revenues are expected to multiply in the next few years and will account for more than a fifth of all business trade by 2006, according to a new study by Forrester Research. The Future Of Europe’s Online B2B Trade reported on thirteen different industries in fifteen European countries and predicts that electrical… Continue reading EU Online Trade To Exceed €2 Trillion In 2006, Says Forrester
People who have watched or listened to streaming media online in the past week buy more compact discs than the average American, according to a new study by Arbitron and Edison Media Research. The report, Internet 9: The Media and Entertainment World of Online Consumers found that weekly “Streamies” bought twenty-one CDs in the last… Continue reading Streaming Media Encourages Music Sales, Says Report
Prominent cable and DSL providers in the US added a combined 1.37 million broadband internet subscribers in the second quarter of this year, according to Leichtman Research Group. By the mid-point of this year, the major US providers had over 13.5 million broadband subscribers between them. More than 65% of these users connect to the… Continue reading US Cable Firms Reap The Broadband Bounty
