E-commerce driven

For example, in Europe the size of the business-to-consumer (B2C) e-commerce market is due to grow from €11bn in 2002 to €58bn in 2004, while the size of the business-to-business (B2B) e-commerce market will grow from €357bn to €1,318bn over the same period. In terms of the size of the global combined e-commerce market, Forrester sees the market growing from €1,200bn in 2002 to €5,000bn by 2004.