The Japanese consumer e-commerce market will be worth 3 trillion yen.
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.
The most popular articles
Reform of the banking system was one of the key themes at this year's World Economic Forum in Davos, with bankers coming in for a lot of criticism.
more »
Small firms have been hard hit by the economic crisis, and so must be given incentives and support, including easier access to credit, help with innovation, tax breaks and less red tape, MEPs on Parliament's Special Committee on the Financial, Economic and Social Crisis (CRIS), and experts agreed at a workshop on Monday.
more »
The elections and investiture of Porfirio Lobo as President of Honduras have cleared the way for the EU to restore normal relations with the Central American country and negotiations for signing a bi-regional Association Agreement may soon resume.
more »
The European Commission has approved applications from Lithuania for assistance under the European Globalisation Adjustment Fund (EGF).
more »
The European Commission has decided to refer Italy to the European Court of Justice (ECJ) on the basis of Article 108(2) of the Treaty on the Functioning of the European Union (TFEU) for failing to comply with a Commission decision of July 2008.
more »
The EBRD is helping to strengthen the financial sector in Bosnia-Herzegovina (BiH) with a €50 million credit line to the Deposit Insurance Agency of Bosnia and Herzegovina (DIA), the Bank’s first investment in a deposit insurance entity.
more »
In its first investment in the natural resources sector in Bosnia and Herzegovina, the EBRD is providing a €17 million sovereign loan to finance the gasification of the Central Bosnia Canton.
more »
The EBRD is increasing the availability of financing to private businesses in Armenia with a $5 million credit line and a $3 million trade finance facility to ArmSwissBank for small and medium companies (SMEs).
more »
On January 27 the European Commission assessed the action taken by Lithuania, Malta, Latvia and Hungary in response to recommendations proposed by the Commission and endorsed by the Council in July 2009 in respect to the correction of their respective budget deficits.
more »
EUROSTAT announced that Lithuania’s GDP rose by 6.1 % in the 3rd quarter of 2009 versus the previous quarter.
more »