e-Ireland: Europe’s New Internet Hub

By the end of 2001, the Internet will have created a single market of about 300 million computers worldwide. According to Forrester Research, in 2000 global ecommerce transactions equaled about $657 billion. Most analysts predict that this number will increase more than tenfold by the year 2004. Even though North America will account for most of those profits in 2004, contributing close to $3.5 trillion, the region’s dominance will fade as Western Europe and Asian-Pacific countries experience intensive growth in 2002. (Forrester) The amazing thing is that these astounding numbers are only conservative estimates.