TowerGroup Predicts Online Microtransactions to Reach USD11.5 Billion by 2009

The TowerGroup research consultancy in Massachusetts forecasts that U.S. micropayments revenues will increase at a compound annual growth rate of 23% from 2003 to 2009. e-Marketer today describes some of that forecast. The TowerGroup sees new microtransactive softwares and infrastructures being developed and believes that U.S. micropayments, which it defines as electronic payments of less than USD5.00 will rise from USD2.0 billion during 2003 to USD11.5 billion by 2009. [Our own articles & analyses about microtransaction are available on Jupitermedia’s the ClickZ marketing information Web site, where we write the about publishing paid content online.]