Global E-Commerce Platforms Software- Market Overview:
E-commerce platform software refers to technology solutions that enable businesses to create and manage online stores, facilitating the buying and selling of goods and services over the Internet. These software platforms provide a comprehensive set of tools and features to support various aspects of e-commerce operations, including website design and customization, product catalogue management, order processing, customer relationship management (CRM), marketing, and analytics. These platforms are designed to accommodate businesses of all sizes, from small startups to large enterprises, and cater to diverse industries and market segments. With the rise of online shopping and the increasing demand for seamless digital experiences, e-commerce platform software plays a crucial role in helping businesses establish and scale their online presence, reach a wider audience, and drive sales and revenue in the competitive e-commerce landscape
As per latest study released by AMA Research, the Global E-Commerce Platforms Software- market is expected to see growth rate of 14.5%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Billion) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Integration of various sales channels, including physical stores, marketplaces and social media platforms
Market Growth Drivers:
The continuous digital transformation across industries and The rise in businesses utilizing e-commerce platforms to broaden their customer reach
Challenges:
Creating a user-friendly and intuitive interface is essential for attracting and retaining customers
Restraints:
It needs continued monitoring and optimization of performance to meet customer expectations and stay competitive
Opportunities:
Increasing globalization of trade and businesses leveraging e-commerce platforms
Competitive Landscape:
These platforms offer comprehensive solutions for the needs of businesses of varying sizes and industries, providing features such as customizable website templates, secure payment processing, inventory management, and integrations with third-party apps and services. Additionally, there is a growing ecosystem of niche and specialized e-commerce platform providers targeting specific industries or market segments, such as B2B e-commerce, subscription-based businesses, or mobile commerce. The competitive landscape is further shaped by factors such as pricing, scalability, ease of use, customer support, and the availability of additional services such as marketing tools, analytics, and enterprise-level features. As the e-commerce market continues to evolve and expand, competition among platform providers is expected to intensify, driving innovation, differentiation, and consolidation within the industry.
Some of the key players profiled in the report are BigCommerce Pty. Ltd. (Australia), VTEX (United Kingdom), Oracle (United States), Adobe (United States), Shift4Shop (United States), Browntape (India), Salesforce, Inc. (United States), PrestaShop (France), Volusion, LLC. (United States), Shopware AG (Germany), SAP SE (Germany), Kibo Commerce (United States), Lightspeed (Canada) and CS-Cart (United States). Analyst at AMA Research see United States Players to retain maximum share of Global E-Commerce Platforms Software- market by 2030. Considering Market by Business Model, the sub-segment i.e. B2B will boost the E-Commerce Platforms Software- market. Considering Market by Industry Vertical, the sub-segment i.e. Retail will boost the E-Commerce Platforms Software- market. Considering Market by Offering, the sub-segment i.e. Solution will boost the E-Commerce Platforms Software- market.
Latest Market Insights:
In June 2023, Google partnered with the Open Network for Digital Commerce (ONDC) and announced the launch of an accelerator program tailored for ONDC participants. Through this initiative, companies will gain access to a comprehensive array of tools and resources to fortify and evaluate their e-commerce initiatives.
In September 2023, Reliance Retail introduced Tira, an omni-channel retail platform catering to beauty products. Tira offers users a convenient and personalized shopping experience. Serving as a one-stop destination for both international and domestic brands, it is used an omnichannel retail strategy to deliver its wide array of products to the market.
What Can be Explored with the E-Commerce Platforms Software- Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global E-Commerce Platforms Software- Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in E-Commerce Platforms Software-
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global E-Commerce Platforms Software- market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in E-Commerce Platforms Software- market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Software Companies, Service Providers, Government Agencies, Regulatory Bodies, Potential Investors, Research and Development Institutes, End User Industry and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.