Abstract
E-commerce software comprises applications, which provide companies the
ability to offer their services and products over electronic systems to all
the stake holders. Modern electronic commerce, commonly known as e-commerce,
typically uses the World Wide Web at least at some point in the transaction' s
lifecycle. The increase in the number of online users, which is currently at
1.5 billion globally and growing at double digits and rise in the number of
broadband households, which is around 400 million, has increased the potential
for e-commerce. In 2008, it is estimated that nearly 700 million users made
online purchases. Coupled with this, the growing number of mobile internet
users, which is currently at 550 million, is increasing the online sales.
E-commerce is being largely adopted by the Retail industry, followed by
Finance, Media & Entertainment, Hospitality and Telecom. Internet Banking,
Online Stock Exchanges, and Online Insurance provide examples for high
penetration rate of e-commerce in Finance Industry. Popularity of iTunes is an
example for the extensive usage of e-commerce in Media & Entertainment
Industry. Telecom industry, which was comparatively behind in acquiring
required capabilities is catching up in e-commerce adoption.
The report forecasts the market size of Telecom E-commerce Software market
over the period 2008-2013. Further, the total market is segmented into various
geographic regions. The market trends for the Telecom E-commerce Software
market are also discussed in the report. In addition, the report identifies
key factors driving the growth of the Telecom E-commerce Software market.
This report can help IT vendors identify target geographies and verticals.
Further, the sales drivers can be used to penetrate the identified vertical or
increase the current share of the customer' s wallet. TechNavio Insights is a
set of reports based on TechNavio - a market intelligence platform for the IT
industry. It builds on the intelligence available within TechNavio, and
leverages on the custom research experience of the ' Technology Navigators' .
TechNavio is built on years of experience of Infiniti Research in deep dive
custom research and consulting for over 30 Fortune 500 companies and numerous
large and mid-sized companies.
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