Commentary

OnLine Trading Futures

  • by July 17, 2001
OnLine Trading Futures

According to eMarketer's just released eCommerce: B2B Report, U.S. businesses are substantially increasing their online trading activity with direct purchasing via supplier websites leading the way.

North America now accounts for 71% of online trade, and eMarketer estimates that worldwide business-to-business e-commerce will reach $2.7 trillion by 2004. eMarketer analyst Steve Butler said, "the majority of large enterprises continue to see e-business as a long term strategy."

B2B by Global Regions in Billion$

20002001200220032004% of World B2B 2004
North America
$159
317
564
964
1,600
57.7%
Asia/PacRim
36
69
121
199
301
10.8
Europe
26
52
133
334
797
28.7
Latin America
3
9
17
34
58
2.1
Africa/MidEast
2
3
6
11
18
0.6
Totals
226
449
841
1,542
2,775
Source:eMarketer 2001 See more here.
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