Global E-Commerce Platforms Software Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview

of Global E-Commerce Platforms Software market:
The latest research study on the global E-Commerce Platforms Software market finds that the global E-Commerce Platforms Software market reached a value of USD 5790.34 million in 2022. It’s expected that the market will achieve USD 10704.76 million by 2028, exhibiting a CAGR of 10.78% during the forecast period.

An e-commerce platform is a comprehensive software tool that allows merchants to build and manage a digital storefront for their products or services. Run the e-commerce business on a single, unified platform. Manage e-commerce products and services.

Opportunities
Everybody is jumping on the omnichannel bandwagon. As mobile devices empower everybody to shop freely, regardless of time and place, traditional retailers of all sizes have been engaged in a digitization race of epic proportions. Equally impressive is the number of e-tail ventures that avoid the brick & mortar model altogether.
Since 2018, the global cross-border e-commerce industry has continued to develop. In 2018, the global B2C cross-border e-commerce transaction scale increased by 27.5% compared with last year. It is expected to exceed 800 billion US dollars in 2019. The global cross-border online shopping penetration rate reached 51.2%, including the Middle East. Consumers using cross-border e-commerce for online shopping accounted for the highest proportion of online shoppers in the Middle East, reaching 70%. Apparel shoes and hats are the most popular category for consumers to purchase through cross-border e-commerce. Western Europe is Europe's largest e-commerce market, with the highest penetration rate among cross-border online shopping in the Macedonian region and Portugal in Europe. Cross-border e-commerce accounts for 25% of the Australian e-commerce market, and Australian online shoppers prefer cross-border purchases of Anglo-American products. In Latin America, the development of e-commerce in Brazil is relatively mature, and the e-commerce in Argentina is developing rapidly. In 2018, the Expo and related policies were introduced to promote the development of cross-border e-commerce in China. The scale of cross-border e-commerce transactions in China reached 9.1 trillion yuan, and the scale of users exceeded 100 million. In 2018, 30.7% of online shopping overseas users chose it because of the good quality of overseas products, which was 7.8% higher than the first half of 2018. Over 50% of users purchased once a month. Quality is increasingly valued by online shopping overseas users, users' demand for high-quality cross-border e-commerce is gradually increasing, and high-frequency online shopping overseas brings more development opportunities for cross-border e-commerce companies.

Region Overview:
From 2023-2028, United States is estimated to witness robust growth prospects.

Company Overview:
The top three companies are Shopify, Magento and IBM Digital. with the revenue market share of 11.98%, 4.00% and 3.48% in 2018.

Shopify Inc. provides a cloud-based multi-channel commerce platform for small and medium-sized businesses in the United States, the United Kingdom, Canada, Australia, and internationally. Its platform provides merchants with a single view of business and customers in various sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces; and enables to manage products and inventory, process orders and payments, ship orders, build customer relationships, leverage analytics and reporting, and access financing.

Magento, Inc. develops and markets cloud-based commerce solutions. The company operates a digital commerce platform and offers digital and physical shopping integration solutions. It caters to merchants and brands across business-to-business (B2B) and business-to-consumer (B2) industries. Magento, Inc. was formerly known as Varien, Inc. and changed its name to Magento, Inc. in November 2010. The company was founded in 1985 and is based in Campbell, California. As of June 18, 2018, Magento, Inc. operates as a subsidiary of Adobe Inc..

Segmentation Overview:
Among different product types, Web Based segment is anticipated to contribute the largest market share in 2028.

Application Overview:
By application, the SMEs segment occupied the biggest share from 2018 to 2022.

The report covers a research time span from 2018 to 2029; combines extensive quantitative analysis and exhaustive qualitative analysis; presents not only an overview of the global E-Commerce Platforms Software market in metrics of sales, revenue, growth rate, but also a deeper dive into the segmented market by region, product type and downstream industry, showing the readers a clear and distinct picture of how the market is distributed from different perspectives.

For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.

As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.

Research Scope
This report provides an overview of the global E-Commerce Platforms Software market and analyzes the segmented market by product type, downstream industry, and region, presenting data points such as sales, revenue, growth rate, explaining the current status and future trends of the E-Commerce Platforms Software and its sub-markets in an intuitive way.

Key Companies in the global E-Commerce Platforms Software market covered in Chapter 3:
Squarespace
BigCommerce
Shopify
PrestaShop
Salesforce
Magento
Wix Stores
Weebly
IBM Digital
VTEX
3dCart
WooCommerce

In Chapter 4 and Chapter 14.2, on the basis of types, the E-Commerce Platforms Software market from 2018 to 2029 is primarily split into:
Cloud Based
Web Based

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the E-Commerce Platforms Software market from 2018 to 2029 covers:
Large Enterprises
SMEs

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)

Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)

Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)

Latin America (Brazil, Mexico, Argentina)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)

Key Factors Considered

COVID-19
Amid the COVID-19 crisis, the E-Commerce Platforms Software market has definitely taken a hit. The report describes the market scenario during and post the pandemic in the vision of upstream raw materials, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.

Regional Conflict / Russia-Ukraine War
The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it’s going to evolve in the years to come.

Challenges & Opportunities
Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.

Chapter Outline

Chapter 1 starts the report with a brief overview of the research scope, as well as the definitions of the target market and the subdivisions.

Chapter 2 integrates and sketches the research findings and conclusions in a clear and explicit way.

Chapter 3 presents the competitive landscape by displaying the sales, revenue, and market shares of the top players. It also profiles the major market participants with their business introductions, sales, price, revenue, gross, growth rates, etc.

Chapter 4 breaks down the market by different product types and shares data correspondingly with the aim of helping the readers know how the market is distributed by type.

Chapter 5 segments the market by downstream industry, with data covers sales, revenue, and growth rate tracing back to 2018.

Chapter 6 is the analysis of the whole market industrial chain, ranging from upstream raw materials to downstream customers, with regional conflicts taken into consideration.

Chapter 7 elaborates on market dynamics. Factors that drive, challenge, or restrain the market are all listed, together with industry news, opportunities, impacts of COVID-19, and SWOT analysis.

Chapter 8 shows the breakdown data at the regional level, which enables the readers to picture the regional competitive pattern of the market and learn about the revenue, sales, and market share of all the major regions.

Chapter 9-13 focus on each and every of the major region, specifically, North America, Europe, Asia Pacific, Latin America, Middle East & Africa. Sales, price, revenue, gross, gross margin, among others, will be all be presented.

Chapter 14 forecasts the future trend of the market not only as a whole but also from the perspective of all segments.

Years considered for this report:

Historical Years:

2018-2022

Base Year:

2022

Estimated Year:

2023

Forecast Period:

2023-2029

Frequently Asked Questions