E-commerce platform and software effectively delivers solution to online retailers and stores. Its features such as shopping cart solution, ecommerce website builder, shopping cart software, online store builder and others makes it an ideal solution for e commerce retailers. The added features of ecommerce software and platform such as analytics, search engine optimization (SEO), email marketing, integrated shopping cart, and others. The global e-commerce software and platform market size was valued at USD XX million in 2017
The e-commerce software and platform market is experiencing a rapid growth as ecommerce software are cost effective and user-friendly solutions for both the small and medium business organizations as well as large organizations. The amount of integrating an ecommerce component to the current business ranges between US$ 100 to US$ 150 per month. This allows for an accelerated growth through online business. The Ecommerce platforms create fundamental requirements to carry out online business effectively. These present high revenue generation opportunities to the vendors, thereby driving the growth of the global e-commerce software and platform.
E-commerce software and platform market can be distributed based on software type, ecommerce , software platform and regions. On the basics of ecommerce software type the market is segmented into software as a service (SaaS) and on premise. Based on software platform, the e-commerce software and platform market is classified into self-hosted e-commerce platform and hosted e-commerce platforms.
On the basics of region the market is classified into Europe, North America, Latin America, APAC, Middles east and Africa. North America ruled the global market due to the presence a huge number of ecommerce software and platform providers. Moreover, the high revenue generating ecommerce industry in the U.S. is predictable to drive the market during the forecast period.
The global e-commerce software and platform market consists of both regional and global players. The primary market participants include Shopify, eBigCommerce, Squarespace, Wix, 3dcart, X-Cart Cloud, Pinnacle Cart, Volusion, Aabaco, Etsy, Magento, The Winner, and 1ShoppingCart among others.
E-commerce Software and Platform Market Key Segments
On the Basis of Ecommerce Software:
• Software as a service (SaaS)
• On premise
On the Basis of Software Platform:
• Self-hosted e-commerce platforms
• Hosted e-commerce platforms
On the Basis of Region:
• North America
• Rest of Europe
• Latin America
• Rest of Latin America
• Middle East and Africa (MEA)
• South Africa
• Saudi Arabia
• Rest of MEA
• Rest of Asia-Pacific