February 24th, 2006
2005 e-commerce volume grew 24.6% according to Dept of Commerce, 23.8% according to comScore
The US Department of Commerce reported growth of 24.6% for the full year 2005 versus 2004. Adjusting for differences in product categories measured, comScore data showed growth of 23.8% during the same period to $83.3 bln in non-travel sales. During Q4 2005 growth estimates for online sales differed considerably depending on the source, with some research company estimates projecting total online growth as high as 30% or more. However, comScore’s reported 23.2% growth for Q4 2005 was virtually identical to the Department of Commerce’s estimate of 23.4% overall growth for Q4 2005.
Alex is a software engineer in the San Francisco Bay Area. ITFacts is created and updated by a group of statistics-obsessed individuals.
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