The Web is bringing the world’s customers to U.S.-based e-tailers — which are expected to grow their international business fourfold to $45 billion by 2020, according to a new study.
That’s just the fastest growing part of an already expanding business. U.S. e-tailers are expected to see their domestic sales shoot up 56 percent to $234 billion by 2020, according to research from OC&C Strategy Consultants and Google. The study, titled “Retail e-mpires,” estimated the value of the online retail export market by analyzing 2011-13 Google search volumes from across the world.
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