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The Market Overview
 
Key facts about the explosion in online transactions over the next 5 yrs
  • European online retail sales will more than double (in fact almost treble) between 2006 and 2011 to €263.*

  • The EU online market will be worth the same as the US. The European growth rate offers unparalled opportunities for our e-commerce market. *

  • In the last 2 years the number of online shoppers has increased 37%, by 2011 73% more Europeans will become online shoppers. *
  • By 2011 the average online spend per person will increase by 50% (€1000 to 1500) *
  • The IMRG predicts that 20% of retail in the UK, equating to £60 billion, will be conducted on the internet by 2010
  • In the first six months of 2006, British shoppers spent £13.5 billion online, a year-on-year increase of 40%, according the the IMRG
  • More than half of all UK adults during 2005 made an online purchase.
  • In November 2005, internet sales in the UK exceeded £2 billion a month, and continues to grow.

Source
*= Forrester - EU ecommerce report June 2006

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