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B2B transactions may cross $14 billion by 2004: Gartner

07-August-2001
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B2B transactions may cross $14 billion by 2004: Gartner

Gartner estimates the B2B revenues for the current year to be at $0.885 billion and B2C transaction volumes are estimated at $0.21 billion. Gartner also predicts the revenues from the fixed telephone services to be at $18.9 billion in 2005 from the $6.7 billion in 2000.

The research firm also points out that the number of users of mobile telephony services will increase to 31 million by 2005, thereby, generating about $5.1 billion of revenues from the present 3.1 million users generating revenues to the tune of $557 million.

According to Gartner, India will have 100, 000 IT graduates in 2001 which will go up to 135, 000 next year. The domestic need of the IT professional could be as high as 2.2 million by 2008.

According to Gartner, 60 per cent of the Indian IIIT graduates are in the United States, and many of the rest are overseas in other locations. Besides, there are 42,000 student visas issued for the United States annually and each year, 50 per cent of 195,000 H1/B visas are issued to Indians.

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