World IT spending by Online Service and Application Market to Grow 20% CAGR to 2020 says a New Resea

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The advent of new technologies such as LBS has opened new horizons for end-users and has changed buying behavior of consumers. Retailers are refocusing their business strategies to integrate online and offline media to create a seamless and personalized omnichannel customer experience.

Digital channels significantly influence purchase decisions of consumers. Shoppers use smartphones to read product reviews and compare prices. Increased Internet penetration and improved bandwidth have spurred the use of smartphones, which in turn, is accentuating ecommerce businesses. We expect a boom in online commerce to have a cascading effect on online grocery sales.

Currently, IT vendors provide e-commerce tools with built-in substitution management capabilities to provide alternative options for sold-out products in a bid to mitigate inventory clearance risks. They provide solutions for synchronizing in-store, and an online price variation as pricing for perishable goods is highly volatile. Also, they provide solutions for integrating order management systems with backend systems and analytics tools to streamline online order management.

The analysts forecast global IT spending by online service and application market to grow at a CAGR of 20% during the period 2016-2020.

Covered in this report This report covers the present scenario and the growth prospects of the global IT spending by online service and application market for 2016-2020. To calculate the market size, the report considers the revenue generated from end-users, including OTAs, cab aggregators, e-grocers, food delivery service providers, massive open online course (MOOC) service providers, and infotainment service providers.

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The market is divided into the following segments based on geography:

Global IT spending by Online Service and Application Market 2016-2020

  

Americas APAC EMEA

The report, Global IT spending by Online Service and Application Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors    

Cisco HP IBM Oracle

Other prominent vendors                     

Ciklum Citrus Pay CRS Technologies Demandware Dolphin Dynamics eBay-GSI Commerce eCare Technology Labs Expert Travel Services FDS HubSpot Hybris Infosys JDA Software Lemax MapmyIndia Microsystem mTrip NetSuits PayU PcVoyages 2000 Qtech Software

Global IT spending by Online Service and Application Market 2016-2020

       

Salesforce Technoheaven Consultancy TourSys Solutions Tramada Systems TravelCarma Trip Solutions Web Booking Expert Zaakpay

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Market driver 

Accessibility to mobile booking apps

Market challenge 

Regulatory and political pressures

Market trend 

Adoption of in-app payment systems and integration with digital wallets

Key questions answered in this report 1.

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What will the market size be in 2020 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?

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List of Exhibits Exhibit 01: Product offerings

Global IT spending by Online Service and Application Market 2016-2020

Exhibit 02: Global IT spending by online service and application market 2015-2020 ($ billions) Exhibit 03: Five forces analysis Exhibit 04: Global IT spending by online services and application market by product 2015 Exhibit 05: Global IT spending by online services and application market by end-user 2015 Exhibit 06: Global IT spending by online services and application market by end-user 2015-2020 Exhibit 07: Global IT spending by OTA 2015-2020 ($ billions) Exhibit 08: IT spending by e-grocers 2015-2020 ($ billions) Exhibit 09: Global IT spending by food delivery market 2015-2020 ($ millions) Exhibit 10: Global IT spending by infotainment service provider Exhibit 11: Global IT spending by can aggregator market 2015-2020 Exhibit 12: Global IT spending by MOOC service provider 2025-2020 ($ millions) Exhibit 13: Global IT spending by others Exhibit 14: Geographical segmentation of global IT spending by online services and application market 2015 Exhibit 15: Geographical segmentation of global IT spending by online services and application market 2015-2020 Exhibit 16: IT spending by online services and application market in Americas ($ billions) Exhibit 17: IT spending by online service and application market in EMEA 2015-2020 ($ billions) Exhibit 18: IT spending by online services and applications in APAC 2015-2020 ($ billions) Exhibit 19: Impact of drivers Exhibit 20: Impact of drivers and challenges Exhibit 21: Other prominent vendors Global IT spending by Online Service and Application Market 2016-2020

Exhibit 22: Cisco: Business segmentation Exhibit 23: Cisco: Business segmentation by revenue 2013 and 2014 ($ billions) Exhibit 24: Cisco: Geographical segmentation by revenue 2014 Exhibit 25: Cisco: Recent developments Exhibit 26: HP: Business segmentation by revenue 2014 Exhibit 27: HP: Business segmentation by revenue 2013 and 2014 ($ billions) Exhibit 28: HP: Geographical segmentation by revenue 2014 Exhibit 29: HP: IT services offerings Exhibit 30: HP: Recent developments Exhibit 31: IBM: Product portfolio Exhibit 32: IBM: Business segmentation by revenue 2014 Exhibit 33: GTS segment by revenue 2013 and 2014 ($ billions) Exhibit 34: GBS segment by revenue 2013 and 2014 ($ billions) Exhibit 35: IBM: IT service offerings: Exhibit 36: IBM: Recent developments Exhibit 37: Oracle: Business segmentation by revenue 2015 Exhibit 38: Oracle: Business segmentation by revenue 2014 and 2015 ($ billions) Exhibit 39: Oracle: Geographical segmentation by revenue 2015 Exhibit 40: Oracle: IT services offerings Exhibit 41: Oracle: Recent developments Browse All Reports on IT & Telecommunication

Global IT spending by Online Service and Application Market 2016-2020

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Global IT spending by Online Service and Application Market 2016-2020