Boston, MA -- (SBWIRE) -- 08/20/2014 -- The Retail IT Spending market is a significant part of the Global IT Spending market. Retail industry IT spending basically involves the provision of IT hardware, IT software and IT services for the purpose of integrating and streamlining the various processes of the retailers. It helps retailers form a centralized system to procure and sell goods, perform transactions for all their stores, and provide real-time customer solutions. It also helps retailers align their business processes with various technologies. All in all, IT spending in the Retail industry is primarily required to develop a secure and customer-friendly environment, maintain a uniform flow of information, and build an economical cost structure in the long run.

TechNavio's analysts forecast the Global Retail IT Spending market will grow at a CAGR of 4.10 percent over the period 2013-2018.

Covered in this Report:

The Global Retail IT Spending market is categorized in three different segments: Hardware, Services, and Software.

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TechNavio's report, Global Retail IT Spending Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the Global Retail IT Spending market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Vendors:

- Cisco Systems Inc.
- Dell Inc.
- IBM Corp.
- Hewlett-Packard Co.

Other Prominent Vendors:

- Amazon.Com Inc.
- Arcplan Inc.
- Bitam
- CAM Commerce Solutions
- Chain Drive
- Comcash
- Cybex Systems Inc.
- eBay Inc.
- ECR Software Corp.
- Epicor
- Fujitsu Ltd.
- Genesis Software Systems
- Informatica Corp.
- Intuit Inc.
- JDA Software Group
- JDS Solutions
- Magstar
- Microsoft Corp.
- MICROS Systems
- MicroStrategy
- NCR
- Oracle Corp.
- PayPal
- PCMS
- Pinnacle Cart
- RedPrairie
- Retail Information Systems
- Retail Pro International LLC
- SAS
- SYSPRO
- Tableau Software
- TIBCO Software Inc.
- UTC Retail Inc.

Key Market Driver:

- Growing Need to Adopt Customer-centric Technology.
- For a full, detailed list, view our report.

Key Market Challenge:

- Data Security Concern.
- For a full, detailed list, view our report.

Key Market Trend:

- Increasing Adoption of Cloud Services.
- For a full, detailed list, view our report.

Key Questions Answered in this Report:

- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Companies Mentioned in this Report: Cisco Systems Inc., Dell Inc., IBM Corp., Hewlett-Packard Co., Amazon.Com Inc., Arcplan Inc., Bitam, CAM Commerce Solutions, Chain Drive, Comcash, Cybex Systems Inc., eBay Inc., ECR Software Corp., Epicor, Fujitsu Ltd., Genesis Software Systems, Informatica Corp., Intuit Inc., JDA Software Group, JDS Solutions, Magstar, Microsoft Corp., MICROS Systems, MicroStrategy, NCR, Oracle Corp., PayPal, PCMS, Pinnacle Cart, RedPrairie, Retail Information Systems, Retail Pro International LLC, SAS, SYSPRO, Tableau Software, TIBCO Software Inc., UTC Retail Inc

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