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58% of Europeans online will buy online this year

Written by John Yunker Posted on by John Yunker

John is president of Byte Level Research and author of The Web Globalization Report Card. He is based in San Diego, California.

Forrester Research has released new research that says that European online spending has grown more than 50% over the past year and that Europeans will spend more than US$70 billion during the upcoming Christmas season.

Here are the top five markets based on online spending:

  • UK: $20 billion
  • Germany: $12 billion
  • France: $6.5 billion
  • Italy: $2.1 billion
  • Netherlands: $1.9 billion

Leisure travel, clothing, and consumer electronics will account for more than half of the money spent online.

These numbers are significant and further illustrate the importance of Web localization.

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Tags: Business globalization · Web Globalization

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