January 19, 2001, 12:00 AM

Information Exchanges Worth $30B by 2005

New York-based Datamonitor says so-called people-to-people information exchanges will experience the next boom in e-commerce. The exchanges equip consumers with comparative product information, universal shopping carts that travel with them from site to site, and other services meant to simplify shopping.

Although Internet search engines get billions of questions every month, according to Datamonitor, 95% of consumers say the Internet is no easier to search now than when they started. It says the business of providing answers online will generate $50 billion annually by 2005.

Companies already providing these services inlcude Abuzz.com; Arzoo.com; Deja.com; Epinions.com; Exp.com; Infomarkets.com; Inforockets.com; and Keen.com.

comments powered by Disqus

Advertisement

Advertisement

Advertisement

From IR Blogs

FPO

Ken Westin / E-Commerce

Cybersecurity: Understand the risks and plug the holes

Criminals know how to exploit Internet vulnerabilities to penetrate retailer’s networks. Here are some insights ...

FPO

Miroslav Zubachevsky / E-Commerce

Don’t write off Russia

Despite the political conflict in the Ukraine, there remain big opportunities for Western brands to ...

Advertisement