According to a Forrester market report for 2010, worldwide online retail sales last year were worth $439 billion and accounted for 5% of all retail sales. Online retail sales are expected to grow to $536 billion by 2012 and will account for 12% of overall sales. The report estimates the U.S. market to grow to
NPD Group’s latest VideoWatch Digital tracking report found that Netflix commanded a 61% market share of the movie/TV streaming and downloads market in the U.S.. Comcast ran a distant second with 8%, followed by DirecTV, Time Warner Cable and Apple each claiming a 4% share. According to the report, digital video now accounts for nearly
Search engines such as those owned by Google do a good job at finding the right mathematical fit for a user’s query. But traditional search engines don’t necessarily give results that are best suited to the user’s interests. Social bookmarking and indexing sites such as StumbleUpon, Delicious and Digg, to name a few, index the
An IDC report released earlier last month saw global PC shipments fall 3.2% over the year in the first quarter of this year. IDC had projected 1.5% growth in shipments for the quarter and attributes the decline to rising fuel and commodity prices and the tsunami in Japan. In the U.S., shipments fell 10% over
According to an eMarketer report, e-commerce sales in the U.S. will continue to grow over the next four years to $269.8 billion in 2015 from $165.4 billion recorded last year. The Commerce Department estimates that e-commerce sales in 2010 in the country increased 14.8% over the previous year’s $144.1 billion. eMarketer projects sales to grow 13.7%
According to a market report released by the Everest Group, the global outsourcing market grew at a compounded rate of 6% from 2008 to 2010. IT outsourcing (ITO) transaction volumes grew at an annualized rate of 5% during the period, while business process outsourcing (BPO) transactions increased 12% during the same period. The market recovery
According to eMarketer, U.S. Internet ad revenues will increase 10% over the year to $28.5 billion in 2011. Total online ad spending in the U.S. grew 14% over the year last year to $25.80 billion. Google will remain the leader in online ad revenues, and these revenues are estimated to grow 23.5% over the year
IBM (NYSE:IBM) this week reported strong results that beat estimates driven by its server business. As a result, it raised its full-year outlook. IBM is also benefiting from its focus on analytics, cloud computing and the Smarter Planet initiative. It announced another new initiative, Smarter Commerce, to address rising customer demand in the increasingly digital