For Subscribers

Taking The Net By Storm Survey shows small businesses accessing the Internet with a vengeance.

By Melissa Campanelli

Opinions expressed by Entrepreneur contributors are their own.

According to a new study from high-tech market research firmInternational Data Corp., U.S. small businesses are accessing theInternet with a vengeance.

The study, "U.S. Small Business on the Internet,"reveals that the number of small businesses accessing the Internethas increased from 19.8 percent in 1996 to more than 50 percent in1998. And, by 2001, the Internet will be used by 4.3 million smallfirms.

Other key survey findings:

  • The professional services sector--which includes law firms,insurance agencies, real estate agencies and accountingfirms--leads in Internet usage.
  • Retail and health-care industries continue to be the laggardsin Internet use.
  • Internet users in manufacturing companies log on to theInternet most frequently and for the broadest range ofapplications.
  • PC-owning small businesses with home pages will increase from 9percent in 1997 to 20.1 percent by 2001.
  • Thirty-six percent of small businesses that plan to go onlineexpect to use the Internet to sell products.
  • Small businesses that use the Internet have higher revenues,averaging $3.79 million annually, compared to the $2.72 millionaverage revenue of the overall market.

Melissa Campanelli is a technology writer in Brooklyn, NewYork, who has covered technology for Mobile Computing &Communications and Sales & Marketing Managementmagazines. You can reach her at mcampanelli@earthlink.net

Contact Source

International Data Corp., (800) 343-4952, http://www.idc.com

Melissa Campanelli is a technology writer in Brooklyn, New York, who has covered technology for Mobile Computing & Communications and Sales & Marketing Management magazines. You can reach her at mcampanelli@earthlink.net.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Business News

AI Could Cause 99% of All Workers to Be Unemployed in the Next Five Years, Says Computer Science Professor

Professor Roman Yampolskiy predicted that artificial general intelligence would be developed and used by 2030, leading to mass automation.

Buying / Investing in Business

From a $120M Acquisition to a $1.3T Market

Co-ownership is creating big opportunities for entrepreneurs.

Buying / Investing in Business

Big Investors Are Betting on This 'Unlisted' Stock

You can join them as an early-stage investor as this company disrupts a $1.3T market.

Business News

Mark Zuckerberg 'Insisted' Executives Join Him For a MMA Training Session, According to Meta's Ex-President of Global Affairs

Nick Clegg, Meta's former president of global affairs, says in a new book that he once had to get on the mat with a coworker.