Japanese E-Commerce Gaining Users

Published: 12 April 1999 y., Monday
The Japanese consumer e-commerce market will be worth 3 trillion yen (approximately $24.7 billion US) in 2003, according to a study by Japan_s International Trade and Industry Ministry and Andersen Consulting. The 3 trillion yen figure would make the market 50 times its 1998 value of 65 billion yen, according to the study. An increase in the online purchase of cars and airline tickets will fuel the growth. In 1998, consumer e-commerce represented 0.2 percent of total household expenditures in Japan. In 2003, the survey expects this percentage to rise to 1 percent. By 2003, the travel industry will be Japan_s largest e-commerce market, the study found. The car and personal computer industries will be close behind. Further growth will be seen in e-commerce involving auto parts and the electronics and information industries. The study also predicts accelerated growth for e-commerce in the construction and distribution industries. The study also found that by 2003, e-commerce companies will increase their use of the Internet for sending and receiving orders and settling accounts seven fold from 1998 to a 88 trillion yen market. It also credits a decrease in telecom costs and an increase in Internet users in Japan with aiding e-commerce in that country.
Šaltinis: CyberAtlas
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Central Government Debt in January

According to the data presented by the Ministry of Finance, in end-January central government debt made up LTL26, 310.8 million or 28% of projected GDP for 2010 (LTL 93, 819 million). more »

China crisis getting worse

As far as countries affected by the economic crisis, China fared extremely well. more »

State aid: Commission authorises temporary Slovak scheme to grant limited amounts of aid of up to €15,000 to farmers

The European Commission has authorised today a Slovak scheme with a budget of approximately €3.32 million which aims at supporting farmers in Slovakia who encounter difficulties as a result of the current economic crisis. more »

Europe 2020: Commission proposes new economic strategy

Commission sets out a 10-year strategy for reviving the European economy, casting a vision of ‘smart, sustainable, inclusive' growth rooted in greater coordination of national and European policy. more »

Europe 2020: Commission proposes new economic strategy in Europe

The European Commission has launched today the Europe 2020 Strategy to go out of the crisis and prepare EU economy for the next decade. The Commission identifies three key drivers for growth, to be implemented through concrete actions at EU and national levels. more »

EU Aid Programme for Turkish Cypriot Community

Launching of the “SCHOOLS’ initiative for innovation and changes” Grant scheme. more »

Transaction tax and debt moratorium needed to meet development needs, say MEPs

EU Member States must not only deliver on their international aid pledges, but also bring in a financial transactions tax and a temporary debt moratorium, to help developing countries to cope with the effects of the global financial and economic crisis, said the Development Committee on Monday. more »

EBRD offers new funds to promote sustainable energy investments in Slovakia

The EBRD is increasing its commitments to promote sustainable energy projects in Slovakia with a new €90 million funding under the existing Slovakia Sustainable Energy Finance Facility (SLOVSEFF) to ensure continuous implementation of energy efficiency and small renewable energy projects. more »

During 2009 Bank SNORAS earned LTL 8.7 million profit

According to the unaudited data, in 2009 AB Bank SNORAS earned LTL 8.7 million profit. The bank’s assets grew by 11 per cent up to LTL 6.342 billion during 2009 and were by LTL 647.8 million larger than at the beginning of 2009. more »

Airport charges: security is Member States' responsibility, say MEPs

Aviation security measures that go beyond common EU requirements should be paid for by Member States, not by passengers, said Transport Committee MEPs in a vote on Monday that could put Parliament on a collision course with the Council of Ministers. more »