Skip to main content

Online Spending Results for EOY 2005

Online spending in 2005 increased 22 percent, reaching $143.2 billion, according to consumer research firm Comscore Networks. During the holiday season (1 November through 31 December), online consumers spent $28.2 billion, also a 22 percent increase from last year.

For the year, online consumers spent $60.9bn on travel, a 20 percent increase from 2004, and $82.3bn on non-travel (i.e. retail) items, 24 percent more than in 2004. Nearly a quarter of online retail spending ($19.6bn) occurred during the holiday season.

Apparel and Accessories was one of the fastest growing online consumer categories in the past year, with sales of $12.2bn, a 36 percent increase on 2004's numbers. Computer software (excluding games) also grew by 36 percent year on year. Other large consumer category increases included Home and Garden (32 percent), Toys & Hobbies (32 percent), Jewelry & Watches (27 percent) and Furniture (24 percent).

Popular posts from this blog

The Billions Bet on Tentative AI Demand

Gartner's latest worldwide IT spending forecast exposes a trend every CIO has already felt in budget negotiations. Total spending will climb 14.2 percent in 2026, reaching $6.37 trillion. It seems that the IT infrastructure market is simply having a strong year. However, the more useful insight is how unevenly that growth is distributed. The Headline Number vs. The Real Story Data center systems and infrastructure as a service (IaaS) are absorbing capital at a pace several multiples faster than devices, communications services, and traditional IT services. This is not incremental growth spread across a healthy portfolio. It is a wholesale reallocation of enterprise technology budgets toward AI infrastructure, made on the expectation that demand for AI workloads will justify the outlay before that demand has been fully proven. Where the Money is Going Data center systems are forecast to grow 62.5 percent in 2026, that's up from 51.6 percent growth in 2025, reaching $822 billion....