Accenture plc, Deloitte Touche Tohmatsu Ltd and Demandware Inc. are three key vendors highlighted in a new Technavio report
London, 28 May 2015 – Technavio has published a new report on the global e-commerce software and services spending market, which is expected to grow at a CAGR of nearly 17% from 2015-2019.
E-commerce software and services spending market segmentation including category and end-users
Technavio’s report analyses the solutions and products offered by market vendors and presents a comprehensive breakdown in terms of market segmentation for different categories, including software and services.
Additionally, analysts have segmented market projections by end-users, including retail, wholesale, manufacturing and others.
“Smartphones are increasingly being used for surfing the web, making reservations, online payments and online shopping, and this has created the need for e-commerce solutions that integrate mobile devices with other sales channels,” says Faisal Ghaus, Vice President of Technavio.
E-commerce software and services spending: Market scope and calculation of market size
This report covers the present scenario and the growth prospects for the global e-commerce software and services spending market from 2015-2019. To calculate the market size, the report considers revenue generated from the sales of software and IT services for e-commerce deployment.
Industry analysis includes:
Key Vendors:
- Accenture plc
- Deloitte Touche Tohmatsu Ltd
- Demandware Inc.
- eBay Enterprise
- IBM Corp.
- Oracle Corp.
- SAP SE
- Tata Consultancy Services (TCS)
Market Growth Drivers:
- Rapid adoption of technology by end-users
- Enabling scalability and expanding geographical reach
Market Challenges:
- Presence of open-source solution providers
- Lack of e-commerce expertise among end-users
Market Trends:
- High growth in e-tailing
- Convergence of physical stores with digital sales channels
View the global e-commerce software and services spending market report.
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