Growth of the Internet Economy
50.1% of U.S. households are expected to have Internet access by the end of 2000 vs. 44.4% in 1999. (www.thestandard.com, May 2000)
17 million households were shopping online in 1999. By 2004, 49 million households are expected to make purchases online. (Forrester Research, Inc., Sept. 1999)
U.S. consumer Internet sales are expected to grow from $20.3 bil. in 1999 to $184.5 bil. in 2004. (Forrester Research, Inc., Sept. 1999)
U.S. B2B Internet sales of $100 to $150 bil. in 1999 are expected to grow to $1.3 to $2 tril. by 2003. (California Legislative Analyst’s Office, January 2000)