Double-Digit Growth Expected For Online Retail in U.S., Western Europe

Online retail in both the U.S. and Western Europe will continue on a double-digit growth trajectory over the next five years, according to two recently released forecasts by Forrester Research, Inc. Both U.S. and European online retail will grow at a 10 percent compound annual growth rate from 2010 to 2015, reaching $279 billion and €134 billion ($185.1 billion), respectively, in 2015. The