| In 2006, spending on online advertising in Canada topped C$1 billion...
But most importantly by 2011, Canadian online spending will more than double, reaching C$37.2 billion.
"56% of Internet users in Canada buy online, according to eMarketer’s Canada Online report. Statistics Canada estimates that total e-commerce sales were C$39.2 billion (US$32.4 billion) in 2005, up 38.4% from 2004. The figures include both private and public sector sales over the Internet.
That was the fourth year in a row that the overall value of e-commerce sales in Canada increased by 38% or more. The increase in online sales was six times the rise in overall retail sales in Canada in 2005. Statistics Canada also found the percentage of Canadian retailers with a Web site grew to 42% in 2005, from 38% in 2004. (eMarketer, October 2006)"
I doubt the numbers are anywhere close in India and probably won't be for another decade yet. |