Internetretailer.com featured an article yesterday outlining the strong growth in the e-commerce industry. This included findings from a recent recent study by IBISWorld, which shows revenue for e-commerce and online auction sites having increased at a cumulative rate of 468.9% since 2000, making it America's third-fastest growing industry trailing only voice-over Internet protocol and search engines. Additionally, IBISWorld forecasts e-commerce to continue growing at a pace of abvout 125% over the next decade. To IBISWorld, the best performing industries will be those that focus on developing innovative products while improving efficiency and keeping prices competitive.
A full list of the best and worst performing industries can be found here.
via InternetRetailer.
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