This document discusses the rise of e-commerce globally and what it means for businesses and consumers. It notes that Europe is the largest e-commerce market at €202 billion in 2010. The US market was $176.2 billion in 2010 and is scheduled to reach $279 billion by 2015. The BRIC countries represent future growth areas, with China expected to grow 400% by 2015. For consumers, e-commerce provides better prices, knowledge, and experiences through online reviews and recommendations. It allows small businesses to more easily reach customers. The rise of social media and mobile commerce are further integrating online and offline commerce.