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Latest Outlook On E-Commerce Platform Market Trends 2019: Market Segmentation, Business Outlook, Competitive Landscape, Industry Report to Escalate Industry Demand | Straits Research
E-Commerce Platform Market
An e-commerce platform is a software application that enables the functioning of online businesses to centralize their operations, manage their website, and fulfill client orders. It includes customizable site templates, search engine optimization, an integrated shopping cart, email marketing, inventory management, and analytics. E-commerce platforms help small-scale retailers cater to millions of customers and generate high revenue in the online industry.
The cloud-based segment is expected to hold a strong share in the e-commerce platform market during the forecast period, 2019–2026. A cloud-based e-commerce solution provides online services to help reduce or eliminate the need to maintain in-house high-cost hardware, software, and network infrastructure. In 2016, Snapdeal launched its private cloud ‘Cirrus’, which would help Snapdeal handle its long-term growth in traffic and analyze big data to create personalized and relevant experiences for its consumers. Cloud-based e-commerce solutions are intended to provide higher scalability and meet the requirements of seasonal or hourly promotion peaks in traffic, such as during Big Billion Day, Black Friday, and Cyber Monday.
For instance, Alibaba, one of the leading e-commerce giants, through its Buy+17 service, offers a virtual reality-based online shopping experience where customers can use their phones and connect to VR headsets to browse a complete range of products hosted by Alibaba.
Grab a Free Sample PDF copy of the E-Commerce Platform Market Report 2019 @
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The Major Players Covered in this Report: Shopify Inc., BigCommerce Pty. Ltd, Magento, Yo!Kart, VTEX, WooCommerce, Oracle Corporation, Miva Inc., Wix.com, SAP SE, Digital River, Inc., commercetools GmbH, and Salesforce.com, Inc., & More...
By Type, Cloud, On premise
By Application, Fashion & apparel, Electrical & electronics, Food & beverage, Health & beauty, Others
Buy Full Report with Detail Analysis with COVID-19 Impact –https://straitsresearch.com/buy-now/e-commerce-platform-market/global/
Growing Domestic Demand and Expanding Pharmaceutical Sector to Drive the Demand for E-Commerce Platform in the APAC Region
Asia-Pacific region is anticipated to hold the largest market share in the global E-Commerce Platform market during the forecast period 2019-2026. The growth in this region can be attributed to the presence of emerging economies like India, China, Japan, Vietnam, and Indonesia.
View Full Report @ https://straitsresearch.com/report/e-commerce-platform-market/global/
Recent Developments:
1.) In 2019, Shopify Inc. introduced Apple Business Chat for its users, enabling its merchants to handle customer communications and build automated marketing workflows
2.) In 2019, Shopify Inc. acquired the B2B e-commerce portal ‘Handshake,’ which would enable the company to focus on the e-commerce market where brands and other merchants sell products wholesale
3.) In 2019, Big Commerce partnered with Jet Rails, a provider of fully managed mission-critical hosting to e-commerce merchants. This partnership would provide the company’s merchants access to the highest caliber technologies
4.) In 2019, Magneto was acquired by Adobe, which will help the company expand its global reach
5.) In 2019, VTEX Acquired Unite U Technologies, a high-conversion commerce solution for mid-market retailers and emerging brands
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About Us:
Regardless of whether you're looking at business sectors in the next town or crosswise over continents, we understand the significance of being acquainted with what customers purchase. We overcome the issues of our customers by recognizing and deciphering just the target group, while simultaneously generating leads with the highest precision. We seek to collaborate with our customers to deliver a broad spectrum of results through a blend of market and business research approaches.
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