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B2B E-Commerce Expected to Multiply

Please note: This item is from our archives and was published in 2001. It is provided for historical reference. The content may be out of date and links may no longer function.

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While researchers disagree on how swiftly electronic commerce between companies is growing, they all say the ongoing expansion is huge and won’t level off anytime soon. According to a conservative forecast, worldwide online business-to-business transactions will soar to $2,700 billion by 2004, up from $226 billion in 2000.
 
Spending varied greatly by industry

   
Most e-commerce technology budgets to rise

   
Company size not an issue

Source: eMarketer, Inc., New York, www.emarketer.com , 2001.