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The increase and penetration of online use in
the US increases the potential market size for
E-Commerce on an annual basis. A large share of
the expected growth in Internet commerce can be
attributed to the increase in the online population:
- U.S. online population estimated to increase
nearly 50%, from 141.5 million in 2001 to 210.8
million by 2006 (CAGR of 8.2%). (see Figure
2 below)
[1]
- U.S. online retail sales will grow from $47.8
billion in 2002 to an estimated $130.3 billion
in 2006 (see Figure 1 below).
[2]
- There are 2.3 million small companies in the
U.S.; with 16% of these in the retail trade
and 60% of all small companies have an online
presence – potential market size for our service
is upwards of 200,000 companies.
[3]
- Annual spending per buyer will increase from
$457 in 2001 to $784 in 2006.
[4]
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Figure 1: U.S. Online
Retail Sales

(http://www.jmm.com/xp/jmm/press/industryProjections.xml)
(US only)
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[1] “Market Forecast
Report,” Jupiter Media Matrix, January 2002, p.
6.
[3] “The Changing Market
Economy: Vertical Industry & Demographic Profile
of the Small Business Market” Cahners In-Stat,
July 2002
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