Market Overview:
E-commerce platforms help businesses in handling the online store processes, right from their inventory, to adding or eliminating products, to calculating taxes and fulfilling orders in the best possible way.
Expected Revenue Surge:
The e-commerce platform market has an estimated value of around 5.6 billion U.S. dollars in 2020 and is estimated to grow to approximately 6.7 billion U.S. dollars by 2023. With the fast growth of e-commerce sales, international retail e-commerce sales are predicted to reach 6.6 trillion U.S. dollars by 2023.
High spending capacity combined with an increase in spending on apparel is expected to upsurge the growth of the global eCommerce platform market over the next few years. Furthermore, the eCommerce industry has grown unusually well in the earlier years and is expected to witness exponential growth in the upcoming years.
Get the Global Overview of the Market:
https://blog.360quadrants.com/2020/e-commerce-platform/
Market Segmentation:
The market is categorized in five major regions that include North America, Asia Pacific, Europe, Middle East & Africa and Latin America regions. Amongst these regions, Asia Pacific is likely to lead the overall ecommerce platform market over the next few years. Increasing number of business formations is providing the best opportunities for the e-commerce platform service providers.
Based on type of platform, the market is classified into, commerce, order management, business intelligence, shipping and others, amongst which, commerce is accounted for the biggest market share in complete worldwide ecommerce platform market.
Recent Developments:
# In October 2019, Shopmatic which is the best e-commerce platforms acquired Combinesell to enhance automation and simplify the selling processes
# In September 2019, Shopify a cloud-based, multi-channel commerce platform designed for small and medium-sized businesses acquired 6 River Systems to redefine fulfilment automation for e-commerce and retail operations.
360quadrants Releases Quadrant On Best E-Commerce Platforms@
https://www.360quadrants.com/press-release/360quadrants-releases-quadrant-on-best-e-commerce-platforms
# In March 2019, Shopmatic which is an e-commerce platform acquired Octopus Retail Management to help retailers synchronise inventory, on-board customers through mobile platform
# In November 2018, Shopify acquired Tictall which is a global community to discover the world’s independent brands
# In June 2018, Shopify acquired Return Magic which allows merchants to build loyalty while making shopping more convenient for consumers.
360Quadrants, the most granular comparison platform, has released a quadrant on Best E-Commerce Platforms to help businesses make quicker and more informed decisions.
Quadrants are generated post analysis of companies (product portfolios and business strategies) and will be updated every three months based on market and regional analyses and developments in the E-Commerce Platforms space.
360quadrants Releases Quadrant On Best E-Commerce Platforms, Here@ https://www.360quadrants.com/press-release/360quadrants-releases-quadrant-on-best-e-commerce-platforms Latest Trends in Detailed: Emerging innovations, such as artificial intelligence (AI), and changes in consumer behaviour, will impact the development of best E-Commerce Platformss.
Artificial Intelligence (AI) may be used to optimize the customer experience or build bots which can direct buyers through the buying phase.
They may use online or offline channels (such as stores, events, or public advertisements) for each step of their decision process.
best E-Commerce Platforms providers and their customers will have to find ways to engage and influence online and offline buyers alike.
360Quadrants, the most granular comparison platform, has released a quadrant on Best E-Commerce Platforms to help businesses make quicker and more informed decisions.
The simple e-Commerce devices are widely referred to as shopping cart apps, and their roles are restricted to building the online store, inserting items, and integrating the cart on a website.The global market size of best E-Commerce Platforms has been estimated at USD 6.5 billion in 2019 and is expected to rise at a compound annual growth rate (CAGR) of 16 percent between 2020 and 2027.
Growing people’s embrace of online shopping has contributed to a need for many retailers for e-commerce apps.nths based on market and regional analyses and developments in the E-Commerce Platforms space.
360Quadrants conducts an in-depth SWOT analysis and accurately analyzes the companies considered for evaluation.
It also helps clients in choosing the most appropriate vendor for their requirements.Read a Press Release: https://www.360quadrants.com/press-release/360quadrants-releases-quadrant-on-best-e-commerce-platformsBenefits of best E-Commerce PlatformsHere are the advantages of using the best e-commerce platforms:Boosts promotion and marketing efforts – As stated earlier, best E-Commerce Platforms provide advanced SEO campaigns to help users raise visibility among potential customers and allow them to quickly locate the web.
Also, users can use stylish concept models to enhance your branding efforts and create a better organizational identity without the aid of visual artists from outside parties.Improves revenues – Best E-commerce platforms can increase revenue by continuing to drive more visitors to online shops, and by providing an adaptive web surfing functionality that allows users to find what they need quickly.
November 08, 2018: In 2017, the global E-Commerce Platforms market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2018-2025.This report focuses on the global E-Commerce Platforms status, future forecast, growth opportunity, key market and key players.
The study objectives are to present the E-Commerce Platforms development in United States, Europe and China.The key players covered in this studyWixShopifyBigCommerceBlueHost + WoocommerceDownload sample Copy of This Report at: https://www.radiantinsights.com/research/global-e-commerce-platforms-market-size-status-and-forecast-2018-2025/request-sample MagentoYoKartVTEXWooCommerceTictailECStoreMarket segment by Type, the product can be split intoType IType IIAccess Full Report With TOC @ https://www.radiantinsights.com/research/global-e-commerce-platforms-market-size-status-and-forecast-2018-2025 Market segment by Application, split intoSmall BusinessMedium-sized EnterpriseLarge-scale EnterpriseMarket segment by Regions/Countries, this report coversUnited StatesEuropeChinaJapanSoutheast AsiaIndiaCentral & South AmericaThe study objectives of this report are:To analyze global E-Commerce Platforms status, future forecast, growth opportunity, key market and key players.To present the E-Commerce Platforms development in United States, Europe and China.To strategically profile the key players and comprehensively analyze their development plan and strategies.To define, describe and forecast the market by product type, market and key regions.In this study, the years considered to estimate the market size of E-Commerce Platforms are as follows:History Year: 2013-2017Base Year: 2017Estimated Year: 2018Forecast Year 2018 to 2025For the data information by region, company, type and application, 2017 is considered as the base year.
Whenever data information was unavailable for the base year, the prior year has been considered.About Radiant InsightsRadiant Insights is a platform for companies looking to meet their market research and business intelligence requirements.
We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process.
We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets.
In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.For More Information, Visit Radiant Insights Contact:Michelle ThorasCorporate Sales Specialist, USARadiant Insights, IncPhone: 1-415-349-0054Toll Free: 1-888-202-9519Email: [email protected] Blog URL: http://ictmarketforecasts.wordpress.com
The best e-Commerce platform is a comprehensive software tool that allows merchants to build and manage a digital storefront for their products or services.
Because best e-Commerce platforms create a centralized, digital hub for product and customer data, they allow eCommerce businesses to do things like customizing product information, manage web content and layout, allow online transactions to occur, and adjust the platform according to businesses’ online needs.360Quadrants, the most granular comparison platform, has released a quadrant on Best E-Commerce Platforms to help businesses make quicker and more informed decisions.
Quadrants are generated post analysis of companies (product portfolios and business strategies) and will be updated every three months based on market and regional analyses and developments in the E-Commerce Platforms space.
360Quadrants conducts an in-depth SWOT analysis and accurately analyzes the companies considered for evaluation.
This helps service providers in learning about new opportunities and areas where they lag behind their peers.
It also helps clients in choosing the most appropriate vendor for their requirements.e-Commerce Platform: Drivers and LimitationsThe international e-Commerce platform market is driven by the software that is user-friendly and also inexpensive for small scale businesses.
Because best e-Commerce platforms create a centralized, digital hub for product and customer data, they allow eCommerce businesses to do things like customizing product information, manage web content and layout, allow online transactions to occur, and adjust the platform according to businesses’ online needs.
Miva Shopify is the largest multichannel web-based trading platform engineered for small and medium scale enterprises.
Sellers may use the platform to plan, set up, and operate their businesses through various distribution platforms, like online, smartphone, social networking, marketplaces, brick-and-mortar sites, and pop-ups.
The portal often provides a strong back-office to retailers and a clear view of their company.
Their late entry into the e-commerce platform space has been used to develop better functionality.
Users will be able to conveniently sell the items with BigCommerce on eBay, Google Shopping, Amazon, Facebook, and Instagram.
The open source model has drawn all kinds of praises from the people who use it, especially considering that these online store systems are completely free, run and developed by numerous people around the world, and typically many documentation and blog posts can be found to guide you on your way.
One of the main decisions is whether you want one of the open source (free) e-commerce platforms or an easier-to-use one that carries a monthly fee.
Go to: Plugins > Add New.3.
Otherwise, you can take help of WordPress development services provider in India.2) NopCommerceNopCommerce is another e-commerce platform of Russian origin.
There's even a one-click installation version available for download, and it comes without the source code.NopCommerce benefits • NopCommerce is an open source e-commerce platform that is available for free.
Developers, on the other hand, might choose to continue with the source code version for its extensive customization capabilities.3) Magento Open Source Magento is one of the best and top-rated open source e-commerce platforms.For starters, it has more features than you can hope to use.
