(Telecom-NewsWire.Net, September 14, 2017 ) Electronic commerce, commonly called e-commerce, refers to the process of buying and selling products and services over computer networks. Several industries, such as traditional brick-and-mortar retailers, banks, travel agents, and online vendors, have aggressively incorporated e-commerce solutions. This technology helps them operate through web portals, gain competitive advantage, and reach more customers quickly. E-commerce software offers advanced capabilities such as searching, order management, cart management, content management, marketing, and reporting.
Publisher's analysts forecast the global retail e-commerce software market to grow at a CAGR of 12.95% over the period 2014-2019.
This report covers the present scenario and the growth prospects of the global retail e-commerce software market for the period 2015-2019. To calculate the market size, it considers the total revenue generated from the following:
Software licenses and subscriptions
Software implementation and maintenance costs
The report also presents the vendor landscape and a corresponding detailed analysis of the five leading vendors in the market. In addition, it discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.
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