High Customer Inclination toward Using Online Channels to Boost Sales of E-commerce Software and Platform
February 21, 2020 by Amanpreet
Proliferation of e-commerce has prevailed since the past couple of years transforming the online retailing sector worldwide. Growing e-commerce platforms coupled with increasing inclination of customer toward using online retail channels continue to influence the growth of the e-commerce software and platform market. User-friendliness and affordability of e-commerce software are expected to fuel the demand for e-commerce software and platform across a cohort of industries. With significant growth in the e-commerce sector, stakeholders involved in the e-commerce software and platform can expect momentous growth in the coming years that is largely influenced by several macroeconomic and industry- related factors. Fact.MR foresees that the demand for e-commerce software and platform is projected to expand at a CAGR of 12.5% in terms of value during the period of assessment, 2018-2028. Moreover, the report estimates that the sales of e-commerce software and platform are likely to surpass US$ 13,000 Mn by end of the year of assessment.
Sales of e-commerce software and platform via business-to-business model are expected to grow at a significant pace throughout the assessment period, on the back of large order values coupled with increasing conversion rates. Fast pace of e-commerce software and platforms have enabled quick business-to-business order fulfilment in turn facilitating better customer experience. This aspect has pushed the sales of business-to-business e-commerce software and platform during the period of assessment. In addition, the report also says that the marketplace e-commerce software and platform is projected to gain high traction and is expected to grow at a stellar CAGR of 17.6% in terms of value during 2018-2028.
After reading the e-commerce software and platform market report, readers get insight into:
The e-commerce software and platform market report offers assessment of prevailing opportunities in various regions and evaluates their shares of revenue by the end of different years of the assessment period. Key regions covered comprise:
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The evaluation of the competitive landscape in the e-commerce software and platform market covers the profile of the following top players:
To expand the understanding of opportunities in the global e-commerce software and platform market report looks at close quarters into the opportunities and new avenues in following key segments:
In addition to understanding the demand patterns of various end users, the report on the e-commerce software and platform market also enumerates trends expected to attract investments by other various associated industries.
On the basis of business model, the e-commerce software and platform market report offers insight into major adoption trends for the following segments:
The global e-commerce software and platform market report offers detailed assessments and quantitative evaluations that shed light on numerous key aspects that have shaped its evolution over the historical period. In coming years, some of the key aspects that will shape the growth prospects during the forecast period are objectively covered in the study.
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Some important questions that the e-commerce software and platform market report tries to answer exhaustively are: