Global eCommerce sales will reach $963 billion by 2013, growing at an annual rate of 19.4%, predicts Goldman Sachs in JP Morgan’s annual Nothing But Net: 2011 Internet Investment Guide on digital commerce.
The report surveyed over 1,000 internet users to get insight into consumer behavior and eCommerce trends. Underscoring the growing importance of international E-commerce, the team broadened its global internet expertise and coverage with analyst contributions from China, Russia, Japan, and Korea