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E-Commerce for Business-to-Business Market Research
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- U.S. small businesses make up half of the U.S. Gross National Product (GNP), account for 23 million U.S. businesses and employ almost half of the work force.
Source: U.S. Small Business Administration, 1999
- PC and Internet penetration will steadily increase among small businesses through the year 2002. Nearly 70% of small businesses will have Internet access in 2002. Moreover, the number of small businesses with home pages will more than double to 1.5 million in 2002 from 670,000 in 1998.
Source: IDC/LINK, 1999
- Total IDS (Internet data services) revenues will reach a projected $69 billion in 2003, from $19 billion in 1998. Access revenues should rise close to $50 billion, while VPN and web/application hosting services should jump $20 billion by 2003, from only $1.5 billion in 1998.
Source: Morgan Stanley Dean Witter, 1999
- Within the next five years, we believe that the e-commerce market will reach over $2 trillion, or 20% of the U.S. economy.
Source: Morgan Stanley Dean Witter, 1999
- We estimate that the business-to-business market in the U.S. represented $114 billion in 1999, projected to grow to approximately $1.5 trillion by 2004.
Source: Goldman Sachs Investment Research, 1999
- E-Commerce has the potential to capture 20% of U.S. retail sales in 5-10 years.
Source: Lehmann Brothers, 1999
- "The next big wave of computing and process automation, we think, is automating B2B commerce, how companies collaborate across the supply chain with customers, suppliers, and partners."
Source: Rick Sherlund, Goldman Sachs, September 7, 1999
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