Forecast Report

US Commerce Platform Technology And Services Forecast, 2014 To 2019

US Commerce Technology Spending Will Nearly Double To $2.1 Billion By 2019

February 5th, 2015
With contributors:
Zia Daniell Wigder , Andy Hoar , Rebecca Katz

Summary

We forecast that the market for commerce technology will almost double from $1.2 billion in 2014 to $2.1 billion by the end of the decade in the US alone. Spend by eBusiness groups on associated implementation and support services will account for nearly five times software spending. This growth is coming on the back of more than five years of rampant commerce technology replatforming as online retailers have upgraded their commerce technologies to support increased revenues and to drive innovation. This report summarizes the key factors contributing to the growth of the commerce technology industry over the next five years.

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