Deerfield Beach, FL -- (SBWIRE) -- 02/26/2016 -- Electronic commerce, commonly called e-commerce, refers to the process of buying and selling products and services over computer networks. With the changing business landscape worldwide, several industries such as traditional retailers, banks, and travel agents have been aggressively embracing e-commerce technology, which can help them operate through channels such as web portals, thereby helping them gain a competitive advantage and reach customers faster. Moreover, the market is also collaborating with mobile and social media networks to further expand the reach of customers. E-commerce software offers advanced capabilities such as searches, order management, cart management, content management, as well as marketing and reporting.

Global e-commerce software and services spending market to grow at a CAGR of 17.20% over the period 2014-2019.

"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,".

Additionally, analysts have segmented market projections by end-users, including retail, wholesale, manufacturing and others.

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Covered in this Report

This report covers the present scenario and the growth prospects of the global e-commerce software and services spending market for the period 2015-2019. The market is categorized into two main divisions: software and IT services.

Global E-commerce Software and Services Spending Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects in the coming years. The report includes the profile of key vendors operating in this market.

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.

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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)

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