DATA NUGGET
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March 28, 2000
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The Big Boom
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Hold on to your hats. Business-to-business electronic commerce is booming, and the growth isn't going to slow down anytime soon. Total trade between companies is projected to soar to $1.33 trillion in 2003 from $109.3 billion this year, according to Forrester Research. That's an annual growth rate of 99%. So which industries are going to be most impacted by the B-to-B boom? Check out the results below.
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| | 1999 | 2000 | 2001 | 2002 | 2003 |
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Computing and electronics | $50.4 | 121.4 | 229.1 | 319.1 | 395.3 |
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| Motor vehicles | 9.3 | 22.7 | 53.2 | 114.3 | 212.9 |
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| Petrochemicals | 10.3 | 22.6 | 48.0 | 96.8 | 178.3 |
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| Utilities | 15.4 | 32.2 | 62.9 | 110.6 | 169.5 |
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| Paper and office products | 2.9 | 6.4 | 14.3 | 31.1 | 65.2 |
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| DATA: Forrester Research
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