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Global E-commerce Software and Platform Market 2018-2027 Includes Detailed Insights of Top Key Players Shopify, 3dcart, WooCommerce and Others
Recent Research Report on E-commerce Software and Platform Market 2018-2027
E-commerce software and platform provides effective solution to the online stores. Further, the main features of ecommerce software and platform are shopping cart software, shopping cart solution, online store builder, ecommerce website builder and others. Apart from this, ecommerce software and platform operates with an integrated shopping cart, search engine optimization (SEO), email marketing, analytics and others.
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Market Size and Forecast
The global e-commerce software and platform market is expected to expand at a robust CAGR over the forecast period i.e. 2018-2027. Factor such as high disposable income coupled with growth on consumer spending on clothing is anticipated to increase the growth of global ecommerce software and platform market over the forecast period. Moreover, ecommerce industry has grown remarkably well in the previous years and is likely to witness exponential growth in the upcoming years.
The market is segmented in five major regions including North America, Asia Pacific, Europe, Middle East & Africa and Latin America regions. Among these regions, Asia Pacific is projected to dominate the overall ecommerce software and platform market during the forecast period. Rise in number of business establishments is providing many opportunities for the e-commerce software & platform service providers. This factor is expected to positively impact the growth of e-commerce software and platform market over the forecast period.
ecommerce software
North America e-commerce software and platform market is poised to grow at a poised rate over the upcoming years. Rising number of startup establishments across the region is fostering the growth of global ecommerce software and platform market over the forecast period. Europe region is expected to observe outstanding growth in the upcoming years. Increasing consumer spending and increasing number of e-shoppers is anticipated to drive the growth of global ecommerce software and platform market over the upcoming years.
Based on software & platform type, e-commerce software and platform market is segmented into, commerce, order management, business intelligence, shipping and others, out of which, commerce is accounted for the largest market share in overall global ecommerce software and platform market over the forecast period.
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Key Players
Shopify
3dcart
WooCommerce
Magento
IBM Corporation
SAP SE
Intershop Communications AG
Salesforce.com, inc.
Volusion, LLC
Web.com Group, Inc.
Yahoo Small Business
Scope and Context
Growth Drivers and Challenges
According to Ecommerce Foundation, U.S. ecommerce turnover was held to be USD 595.1 Billion in 2015. This factor is anticipated to positively impact the growth of global ecommerce software and platform market over the forecast period. Further, rising trend of online stores and e-shoppers is expected to positively drive the growth of the global ecommerce software and platform market over the upcoming years.
In addition, the demand for business travels is increasing in the North America due to the rise in travel & tourism industry. This factor is anticipated to be the dynamic factor behind the growth of the global ecommerce software and platform market over the forecast period. Further, global ecommerce market is believed to benefit from rapid urbanization and rising disposable income of the people over the upcoming years.
Apart from this, government of various nations are promoting and encouraging startup establishments. This factor is expected to drive the growth of global e-commerce software and platform market over the forecast period. Moreover, increasing penetration of smartphone and growth in internet connectivity across the globe is expected to robust the growth of the global ecommerce software and platform market over the forecast period.
However, high cost of advanced such as hybrid and cloud based software and low internet penetration rate in undeveloped countries are some of the key factors which are expected to limit the growth of global ecommerce software and platform market over the forecast period.
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Market Segmentation
Our in-depth analysis has segmented global ecommerce software and platform market into the following segments:
By Software & Platform Type
Commerce
Order Management
Business Intelligence
Shipping
Others
By Ecommerce Business Model
Business to Consumer
Business to Business
Consumer to Business
Consumer to Consumer
By Offering
Mobile Ecommerce Software
Ecommerce Website Platform
Others
By Solutions for Industry
Apparels & Fashion
Food & Beverage
Health & Beauty
Automotive
Travel & Tourism
Others
By Enterprise Type
Startup
SMEs
Large Enterprises
By Deployment Model
On-Demand
Hosted
On-Premises
By Region
Global ecommerce software and platform market is further classified on the basis of region as follows:
North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
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Kenneth Research
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About Kenneth Research:
Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.
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