Ecommerce Growth in UK<br />Ecommerce growth data across Business Verticals driven by the online shopping pattern of UK consumers. Increasing buying spree among consumers would lift the Economy in 2011.<br />
What is Ecommerce?<br />Ecommerce refers to the buying and selling activities over products and/or services through the digital media. In brief, commercial activities over the Internet Media.<br />
Ecommerce growth in UK (2011)<br />By 2011, 32 million UK consumers will be shopping online adding the value of €76 billion. The region will be the second biggest spender in Europe.<br />
Consumption driven growth<br />The earlier growth projection is based on purely Consumption driven data. With a GDP growth rate of -0.5%, it can be assumed that developed countries have hardly any scope to add value by the infrastructure development. So Consumption growth is the future.<br />
United Kingdom GDP Growth Rate<br /><ul><li> UK GDP growth contracted by 0.5 per cent in Q4 2010.