The annual award takes in performances on the regular Tour and
grand slams.
Wimbledon champion Djokovic takes the men's prize for the fourth
time having won seven titles this season and the year-end top
ranking for the third time in four years.
Williams wins the award for the fifth time in a career which has
brought her 18 grand slam singles titles -- the most recent at this
year's U.S. Open.
"I'm so honored to be named ITF World Champion for the fifth time.
This was a year of challenges and triumphs, so to win another Grand
Slam and retain my year-end No. 1 ranking is an accomplishment I'm
very proud of," she said.
"I'm grateful to have the support of the tennis community in every
way possible. I can't wait for 2015."
Americans Bob and Mike Bryan were named ITF men's doubles champions
while Sara Errani and Roberta Vinci of Italy won the women's honor.
(Reporting by Martyn Herman; editing by Ken Ferris)
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