Telecom E-commerce Software Market 2008-2013

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.