You are here: silicon.com > Networks > WebWatch

WebWatch

UK to lead Xmas online shopping spree

And Europe will spend 58 per cent more than ever before...

Tags: europe, uk, shopping, forrester

By Tim Ferguson

Published: 24 October 2007 11:17 GMT

The UK will be Europe's biggest market for online shopping in the run up to Christmas with 27 million shoppers expected to generate €20bn in sales.

The total European revenue from online shopping is expected to hit €51bn during the period from 1 October to Christmas day.

silicon.com Retail & Leisure

Get the latest retail and leisure news straight to your inbox. Sign up for the R&L newsletter today!

More than 70 per cent of UK web users are expected to shop online, spending an average of more than €700 during the holiday shopping season, according to Forrester Research.

In contrast, just 30 per cent of Italian and Spanish web users will buy their festive gifts over the web.

The next closest to the UK in terms of predicted revenue is Germany with €12bn. French consumers are expected to spend €6.5bn.

Forrester Research analyst Victoria Bracewell Lewis said the increase in revenues is largely down to increasing consumer confidence and familiarity with the internet.

She added that 58 per cent of all European web users will buy an item online during 2007.

  1. Zones
  2. Management
  3. Networks
  4. Software
  5. IT Services
  6. Hardware
  1. Verticals
  2. Public Sector
  3. Financial Services
  4. Retail & Leisure
Read and write about internet access at the airports of the world at atlarge.com. Rate airports, and see what others have to say...


  • Jobs
GERMAN E-COMMERCE OPERATIONS SPECIALIST

s largest shopping search engine. At Shopzilla, our goal is to build the greatest shopping service. re an environment where great shape our vision ...

Web Designer / Developer

Practical and commercial experience of the following key skills is required: XHTML/CSS JavaScript Dreamweaver Adobe CS3/4 Products Newsletter Builds ...

Ecommerce Business Development Manager

Ecommerce Business Development Manager required by highly successful shopping website which features hundreds of merchants and their products,. ...

Agenda Setters 2009
Welcome to the ninth annual Agenda Setters poll – silicon.com's list of the top 50 most influential individuals in the technology and IT industries, from techies and CIOs to entrepreneurs and business leaders. Find out more in our latest special report.





Quick Sitemap Links: