Global IT Spending Market by E-Groccers 2015-2019
Global IT spending market by e-grocers: Market research 2015-2019
Covering: This report covers the growth prospects of the global IT spending market by e-grocers. It considers investments in software, hardware, and IT services. Key geographies considered in the report include EMEA, the Americas, and APAC. It also provides an insightful analysis on the leading vendors in the market such as IBM, HP, TCS, PayPal, Oracle, and SAP. It considers major players offering on-demand grocery delivery services at consumer’s doorstep. Market overview of IT spending by e-grocers
Growing popularity of the m-commerce platform is a key trend influencing the growth of the market, and the market is likely to reach a CAGR of 23% by 2019. Retailers are focusing their business strategy on integrating online and offline mediums to create a seamless personalized omni-channel customer experience.
This report focuses on IT spending by e-grocers to enhance online sales, leading to shoppers using smartphones to review products and compare prices. With an increase in the number of smartphone users, especially in APAC and Europe, the market is expected to gain significant traction in the years to come.
Geographical segmentation of the IT spending market by e-grocers
Technavio Announces the Publication of its Research Report – Global IT Spending by E-Groccers 2015-2019
Technavio recognizes the following companies as the key players in the Global IT Spending by E-Groccers: HP, IBM, SAP, TCS and Oracle
Other Prominent Vendors in the market are: Ciklum, Citrus Pay, Demandware, Ebay, Hybris, Infosys, JDA software, MapmyIndia, Microsystem, NetSuits, PayU, and Zaakpay.
Commenting on the report, an analyst from Technavio’s team said: “The increased adoption of mobile devices and smartphones and rising popularity of mobile commerce is driving the growth of global online grocers' IT spending. More than 50% of customers who shop online use tablets and smartphones. This trend is expected to rise as mobiles become more consumer-friendly. Several retailers have developed smartphone applications to tap the potential of mobile commerce.”
According to the report, the online shopping behavior of an online grocery shopper is not the same as in traditional retail shopping. Consumers can navigate the whole online grocery store with some clicks on their personal computer or smartphone. Online e-grocers are increasingly spending not only to develop user-friendly websites; they are offering coupons and weekly sales promotional offers which also need to be integrated with the existing databases of their inventory holdings.
Further, the report states that the global IT service providers face the challenge of standardization of the IT requirements of e-grocery companies and hence face difficulty in maintaining partnership with the companies. In this marketplace companies require vendors that can partner with them as technology partners to cater to the local competition.
HP, IBM, SAP, TCS, Oracle, Ciklum, Citrus Pay, Demandware, Ebay, Hybris, Infosys, JDA software, MapmyIndia, Microsystem, NetSuits, PayU, Zaakpay.