US online retail sales will reach USD 480 bln - study

Sunday 26 April 2015 | 15:30 CET | News
Revenues from US online retail sales will reach USD 334 billion this year and USD 480 billion by 2019, according to Forrester's five-year eCommerce forecast. Around 69 percent of the US online population regularly buys products online, with clothing, consumer electronics, and computers generating about a third of all online shopping dollars. Categories that were once trailing behind in online sales, like furniture and auto parts, will have compound annual growth rates of 15 percent and 11 percent, respectively, over the next five years as shoppers become more comfortable researching and

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Categories: Internet
Companies: Forrester
Countries: United States
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