Rising Internet Utilization Augurs Well for E-Commerce Market, According to a New Report by Global Industry Analysts, Inc.

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Growth in the worldwide e-commerce market is driven by the growing popularity and utilization of Internet among consumers and businesses. The widespread availability of advanced mobile devices for gaining access to Internet and consumer desire for convenient transactions are redefining the manner in which commercial transactions are conducted.

E-business encompasses all aspects of online commerce including online shopping, auctions, electronic cash, and home banking. Portals, online advertising, online education and health, and teleconferencing are some of the major e-commerce related services and applications. E-commerce activities are carried out through websites that offer information on activities ranging from production, supply, to retailers, brands, and marketing. E-commerce has a great impact on every level, from purchasing of raw materials to retail sales of the products.

Growing Internet usage is the principal driving force for worldwide e-commerce market. Internet is emerging as the mainstay of global businesses, enabling consumers and manufacturers to rapidly send and receive information, thereby reducing the complexities associated with routine transactions. The multifold growth in the number of web users is expected to broaden the scope of growth for e-commerce participants. Rapid growth in Internet usage, particularly in the US and Europe, are bringing in a wide range of business opportunities. With rapid growth expected in the number of web users, particularly from Asia-Pacific and Latin America, e-commerce market is expected to strengthen. Widespread availability of broadband services is expected to widen the scope of e-commerce operations into new areas such as permission-based business and in-commerce.

Rapid growth in online operations and advent of mobile phones are major contributors to the expansion of B2B and B2C markets. B2B (Business-to-Business) is one of the fastest growing segments of the overall e-commerce industry. B2B not only requires enormous investments, but also necessitates change in business practices and culture. Growing number of Internet users and improved safety measures for online transactions is expected to contribute to the rise in number of businesses entering the B2B market.

With worldwide retailers focusing on benefiting from an expanding online user base, Business-to-Commerce (B2C) market is expected to generate higher sales. Convenience of purchase, ease of delivery, and lower costs are major factors luring consumers to various online shopping sites. Enormous opportunities in the online economy have lured Internet giants such as Yahoo, Amazon, Microsoft, Google, and eBay to offer online shopping facility to consumers.

Internet security is a major challenge facing the global e-commerce market. E-commerce organizations worldwide need to use services and products using advanced web security tools to protect the information shared on the Internet, from hackers. Security issues represent an area of concern ever since E-Commerce was introduced. With Internet use and security threats growing in tandem, the need for enhanced supervision is rising.

The report titled "E-Commerce: A Global Outlook" provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report provides a preliminary insight into the structure, and basics of e-commerce in the modern world, and offers a discussion on the role played by Internet in breathing life into the concept of e-commerce. The report also offers a cursory review of the importance of Internet security in the e-commerce market, and provides statistical, and descriptive information pointers on Wireless e-Commerce, B2B e-Commerce, B2C e-Commerce, and Online Retailing. The discussion on the US market is punctuated with information, and fact rich tables, which quantitatively attempt to decipher the prevalent scenario in sectors such as B2B E-Commerce, B2C E-Commerce, and E-Procurement, among others. Other regional markets covered include Canada, Japan, and Europe, among others. The report also includes an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of 507 companies worldwide.

For more details about this research report, please visit
http://www.strategyr.com/E_Commerce_Industry_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs more than 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of more than 60,000 smaller research products including company reports, market trend reports and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press @ StrategyR.com
Web Site http://www.StrategyR.com

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