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

Congress Covets Copyright Cops

Congress is set to more than double the number of federal copyright cops. more »

India Hackers Scared Straight?

Indian hackers always thought they were too sophisticated to fall into the hands of the rough cops in this country, whom various human rights groups routinely accuse of brutality. more »

Australian Internet Users Badly Served - Study

One in four Australian households and businesses can't use a phone line to download a simple Web page in less than six minutes, the Australian government's Productivity Commission said. more »

The humiliation virus

How Sircam can help turn your most private documents into a worldwide joke. more »

Will users pay to play music online?

After months of hullabaloo over online music subscription services, it appears as though the industry big boys are finally ready to test the waters. more »

EPIC to protest Passport bundling with Win XP

The Electronic Privacy Information Center (EPIC) is preparing to file a complaint with the U.S. Federal Trade Commission (FTC) about Microsoft Corp.'s plans to bundle its Passport identification service with Windows XP more »

Sun, HP open their code to developers

SUN MICROSYSTEMS AND Hewlett-Packard are expected to announce separately Monday that they will make projects under development at the companies available to developers under the open-source model, adding further support to the collaborative development mo more »

Pentagon Blocks Public Web Site Access

Servers Struck by 'Code Red' Virus more »

search.lt news

search.lt presents newest links more »

Code Red Worm

A malicious piece of software more »