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E-Commerce Considered Third-Fastest Growing Industry

December 31st, 2009 Permuto Leave a comment Go to comments

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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