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Stuart Gentle Publisher at Onrec

600 million online by end of 2002

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IDC estimates that by the end of 2002, more than 600 million people will access the Internet worldwide, spending more than $1 trillion dollars. Worldwide e-commerce spending grew 68 percent between 2000 and 2001, despite economic woes and political unrest, reaching more than $600 billion in 2001. IDC forecasts that e-commerce spending will pass the $1 trillion mark in 2002. Growth in all regions will be strong, but the factors behind that growth and the drivers of continued growth vary by region by country.

www.idc.com