North American e-commerce to reach $329 bln in 2010

Forrester Research predicts North American online consumer sales, including auctions and travel, will hit $329 bln in 2010, a CAGR of 14% over 5 years. The latest sales forecast is $13 bln higher than Forrester predicted in September 2004. Online sales in 2005 should total $172 bln.