cha-ching! E-Commerce to Reach $7.29 Trillion in 2004 Says Gartner

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From: Sally Khudairi (sk@zotgroup.com)
Date: Thu Jan 27 2000 - 02:42:22 PST


The latest e-commerce figures released by the Gartner Group yesterday
predict business-to-business e-commerce will reach $7.29 trillion in 2004.
The Stamford, Connecticut based analyst firm forecasts the market to grow
from $145bn in 1999 to $7.29 trillion, which will represent 7% of the
estimated $105 trillion global sales transactions, the company said. "The
business-to- business explosion is imminent, fueled by a mixture of
investment financing, IT spending and opportunistic euphoria that is being
funneled into start-ups and brick and mortars' e-commerce initiatives," said
Leah Knight, principal analyst for Gartner Group's e-Business intelligence
services.

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S A L L Y K H U D A I R I
ZOT Group | www.zotgroup.com
+1.617.818.0177 <sk@zotgroup.com>


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