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

DoCoMo On Track For 3G Launch Oct. 1

Japan's biggest wireless operator, NTT DoCoMo, Monday said it has formally asked the Japanese government for permission to begin the world's first commercial third-generation (3G) service on Oct. 1. more »

SirCam worm still a serious threat

Chalk one up for the bad guys. more »

An Escalation of the E-Book Battle

The battle over e-book sales heated up as Internet portal Yahoo! Inc. signed an e-book sales deal with four major publishing houses. more »

search.lt news

search.lt presents newest links more »

The debate

Public Interest Groups Clash With ICANN Over Governance more »

IBM Reaches Out to Small Businesses With $700 Server Offering

IBM threw its hat in the sub-$1,000 server ring with its release of the eServer x200VL, an entry-level server priced at $699. more »

XP Given Green Light in Europe

Despite increased pressure from the European Commission over antitrust concerns, Microsoft confirmed that the Commission will not seek to block the launch of Windows XP. more »

Hong Kong Police Arrest Porn Site Webmaster

Hong Kong police have arrested a 29-year-old Webmaster suspected of operating a pornographic Web site more »

European Commission changes tack on e-commerce law

Officials at the European Commission have made a spectacular turnabout on a proposed law governing cross-border Internet commerce in Europe more »

Data for Dollars...or Marks Resurfaces in Germany

Wireless customers in Germany will soon have the option of paying for wireless data as a premium service. more »