About Ecommerce Search Software
E-Commerce Search software helps online sellers offer a far better shopping experience to consumers and buyers by allowing them to simply find the simplest products for their needs. This software analyses the merchandise data and other e-commerce information that make it easier for buyers to seek out varied suitable options. This type of software also provides intelligent product recommendations, improves customer engagement, and boosts revenue. Merchandisers and e-commerce platform administrators are used in E-commerce search software. Due to COVID-19, disruptions in supply chains, customer behavior changes, store closures, and more.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Companies in the market are concentrating on software applications. In North America, rising demand for e-commerce sales in the U.S. for e-commerce software among various retailers. Retailers are also taking up new initiatives and investing heavily in e-commerce software to gain an advantage in their respective business sectors. Also in the Asia Pacific region, the government of countries such as China and India, promote digitalization. The high internet penetration rate created a huge opportunity for the growth of the e-commerce sector and expand their business in this region. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Ecommerce Search Software market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
3dcart (United States), Shopify (Canada), SAP SE (Germany), Salesforce.com, Inc. (United States), Pitney Bowes Inc. (United States), Adobe Inc. (United States), BigCommerce Pty. Ltd. (United States), HCL Technologies Limited (India), Intershop Communications AG (Germany) and Pitney Bowes Inc. (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Ecommerce Search Software market by and Region.
On the basis of geography, the market of Ecommerce Search Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Business model, the sub-segment i.e. Business-to-Business (B2B) will boost the Ecommerce Search Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-User, the sub-segment i.e. Food and Beverage will boost the Ecommerce Search Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. SaaS will boost the Ecommerce Search Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Smarter mobile shopping tools and Growth in subscription of varied things
Market Growth Drivers:
Reduction in additional costs due to the adoption of online platforms combined with the ease of online business, High internet penetration rate and the rising number of online applications and High-speed internet technology such as 4G and 5G that impacted positively
Challenges:
Covid pandemic has undoubtedly had an effect on B2B business and Support customers who are facing financial trouble
Restraints:
Rising number of start-ups that conduct business over the internet and companies
Opportunities:
Offers high opportunities for new businesses and Increased use of E-commerce search software by retailers resulted in an increase in the growth of the market
Market Leaders and their expansionary development strategies
In December 2023, Algolia, a leading search and recommendation platform, announced a partnership with Salesforce Commerce Cloud, a leading ecommerce platform. This partnership integrates Algolia's search and recommendation capabilities directly within Salesforce Commerce Cloud, enabling merchants to easily deliver personalized search experiences and product recommendations to their customers.
Key Target Audience
Research & Development, Consumer Suppliers, B2B Ecommerce Sales and Retailers
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.