Room to grow for DELL-Europeans to Increase Use of World Wide Web by 2002, IDC Says
Sig:
I see plenty of room for DELL to maintain or beat its current growth rate in Europe,do you? I say screw the doom an gloom merchants,high P/E a@#s.<vbg>
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Europeans to Increase Use of World Wide Web by 2002, IDC Says
London, Jan. 28 (Bloomberg) -- One in three Europeans will use the Internet's World Wide Web by 2002 compared with one in ten in 1998, paving the way for future electronic commerce, market research company International Data Corp. said.
It said Web usage varied from two percent of the population in Southern Europe, to almost one third in Scandinavia. Internet commerce in Western Europe is expected to grow to $220 billion in 2002 from $5.6 billion last year. The majority of spending in 1998 was in business to business transactions rather than business to consumer sales, which came to $3.75 billion.
The research indicated the Internet is moving away from being an educational tool used in universities and communication means for company management to an active medium for marketing to consumers. Through the next two years, Europeans are expected to shed many of their reservations about purchasing goods via the Internet, IDC said. ''Only one in 10 Web users made an online purchase in the three months to December, though by 2002 about one in four will be doing so,'' said Stefan Elmer, a market analyst for IDC's European Internet Program.
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