Europeans Still Shy From E-commerce

Published: 3 February 1999 y., Wednesday
While still trailing the U.S. in terms of percentage of Internet users, Europe made great strides in the online world last year, according to new research from IDC. Before 1998, many Europeans perceived the Internet as a domain for academics, scientists and technically minded people. However, by the end of last year, many considered the Web an important business and consumer information tool, IDC said. Approximately 10 percent of Western Europe was connected to the Internet by the end of the year, but penetration rates varied greatly from country to country. By 2002, IDC predicted, 35 percent of Western Europeans will use the Internet. However, while Europe may have caught on to the Internet in 1998, people here still have a long way to go in terms of using e-commerce. Europeans are wary of purchasing products online and only 11 percent of Internet users actually made an online purchase in the last three months of the year, IDC said. In 1998, e-commerce was worth 4.87 billion euros ($5.6 billion) in Western Europe, but the majority of this figure is represented by business-to-business transactions, IDC said. Business-to-consumer transactions accounted for just 1.61 billion euros by the end of the year. However, the future looks brighter for e-commerce, with around 25 percent of Western European Web users expected to make purchases online by 2002, according to IDC. use the Internet.
Šaltinis: IDC
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

search.lt news

search.lt presents newest links more »

E-Government Initiatives in the European Union and in Lithuania

During the last decade of the 20th century, many of the world’s governments began to implement initiatives related to the way in which the Internet can be used to improve various aspects of public sector. Public administration has today become a part of the service market. more »

Eastern Europe lags behind in internet usage

Over three quarters of Bulgarians have never used the internet, and 23% do not know what the word means, a survey published in a local newspaper said on Thursday more »

First responder XML

With almost every local jurisdiction and agency nationwide running different systems, officials hope a new data standard will help information-sharing programs overcome the differences between hardware and applications more »

'Spam King' Ordered to Disable Spyware

A federal judge has ordered a man known as the "Spam King" to disable so-called spyware programs that infiltrate people's computers, track their Internet use and flood them with pop-up advertising. more »

Microsoft Shows Small Business Software

Microsoft is building on its 2002 buy of Danish business application developer Navision A/S with the release this week of its first major product built on the Navision software suite more »

search.lt news

search.lt presents newest links more »

PayPal Scrambling To Fix Site Glitch

A recent monthly update to its Web site caused no end of trouble for online transaction company PayPal more »

search.lt news

search.lt presents newest links more »

MSN TV 2 Internet & Media Player Debuts

Microsoft used the TechXNY conference spotlight to lift the curtains on the new MSN TV 2 Internet & Media Player more »