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Forrester Research Projects US Ecommerce To Hit Nearly $230 Billion In 2008

Posted by TimSlavin at August 5, 2003

Forrester Research Projects US Ecommerce To Hit Nearly $230 Billion In 2008: "While offline retail sales continue to struggle, online retail will grow at a steady 19 percent year-over-year growth rate, from $95.7 billion in 2003 to $229.9 billion in 2008, according to a new report from Forrester Research, Inc. (Nasdaq: FORR). Most significant, online retail sales will account for 10 percent of total US retail sales by 2008. Forrester's "US eCommerce Overview: 2003 To 2008" finds that a growing online consumer base, increases in new product categories, and efforts by online retailers to optimize online shopping experiences will spark significant growth over the next five years." From BusinessWire. Found through Up2Speed.

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