Global Drop Shipping Software Market Overview:
Dropshipping software allows online retailers to list products for sale without having to purchase inventory first. Instead, retailers don't buy the items until a customer has placed an order and paid for it. The items are shipped directly from the wholesaler's warehouse to the customer. The software automates the processes of building and maintaining a relationship between a freight forwarder and an e-commerce company looking to outsource their shipping and warehousing needs. Ecommerce businesses that don't want to invest in large amounts of inventory or in a warehouse to store that inventory can use dropshipping software to get their business up and running quickly. Most drop shipping tools integrate directly with e-commerce platforms with minimal setup, providing customers with a seamless front-end shopping experience and businesses a simplified back-end experience.
Growth Drivers
- An Increase in Preference for Online Shopping
- The Growth of the E-Commerce Industry
- The Rising Trend of Cross-Border E-Commerce Trade
- The Growing Demand for Electronic Products
- Rising Smartphone Penetration
Roadblocks
- Fraudulent or Unauthorized Transactions
- Complexities in Shipping and Logistics of Products
Opportunities
- The Number of Shoppers Inclined Toward Online Shopping Platforms
- Increase in Investments by the Key Players in the E-Commerce Industry
- An Increased Demand for Dropshipping among Retailers
Challenges
- Susceptibility towards Security Breaches/Cyberattacks
Competitive Landscape:
The companies are exploring the market by adopting expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations.
Some of the key players profiled in the report are Oberlo (Lithuania), Volusion (United States), AliDropship (United States), Dsco (United States), Dropified (United States), Ecomdash (United States), Orderhive (United States), Aveeto (United States), Cymbio (Israel), Doba (United States), DSMTool (Israel), Easync (United States), enVistacorp (United States) and eTail (United Kingdom). Additionally, following companies can also be profiled that are part of our coverage like Inventory Source (United States) and PriceYak (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Drop Shipping Software market by 2026. Considering Market by Deployment Type, the sub-segment i.e. Windows will boost the Drop Shipping Software market. Considering Market by Subscription Type, the sub-segment i.e. Free Trial will boost the Drop Shipping Software market. Considering Market by Features, the sub-segment i.e. Customer Service Management will boost the Drop Shipping Software market. Considering Market by Number of Users, the sub-segment i.e. 2-9 will boost the Drop Shipping Software market.
What Can be Explored with the Drop Shipping Software Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Drop Shipping Software Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Drop Shipping 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 Drop Shipping 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 Drop Shipping 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 Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Drop Shipping Software Providers, Raw Material Suppliers, Government Regulatory and Research Organizations and End-User.
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.