The Internet has enabled us to literally put the world
at the tips of our fingers. The advancement in the computer industry
has brought the cost of computers and Internet connection down to price
ranges that allow the majority of those wishing to take part in this
wonderful technology to do so.
Computers, the Internet, and e-mail have long been mainstays in the office environment but additionally have become as common in most homes as the television.
According to research available from the Commerce Net Research Center, as of 1999, there are approximately 92.2 million Internet users over the age of 16 in the US and Canada. This represents an increase of 59% increase in Internet users since 1997.
Computer Industry Almanac reports an expected, 259 million online users worldwide by year-end 1999, by 2000 the number is expected to reach 349 million, 490 million Internet users by year-end 2002, and over 765 million users will be on line by year-end 2005. It is also anticipated that by 2002, the US will have 1/3 of total Internet users.
Forrester Research reports that by 2000, U.S. online ad spending will reach $5.4 billion, U.S. online retail revenues will hit $38.8 billion in 2000, up from $20.3 billion in 1999, US e-commerce services market is expected to reach 64.8 billion in 2003, North America will lead global e-commerce to $6.9 trillion in 2004.
The Internet has provided the consumer the ability to do a vast amount of research on products and pricing from the comfort of their home. E-Commerce has further enabled the consumer to purchase goods and services over the Internet via the use of credit cards, over secured transmissions.
Internet usage continues to grow at a rapid pace. For the many who perceived that the Internet was a passing a fad, they are now beginning to deal with the reality of the situation they find themselves in. It is no longer a question of, if you should seek an Internet presence, but when you will start.