What is E-commerce Platform?
The E-commerce platform is a technology that allows companies to build an online store and run one's own business online. The platforms provide various tools to build and manage the site including the products and day to day operations including buying as selling of products, shipping, etc. The market is driven by the people who wants to build their own business online, for brand awareness and wider reach of audience. The platforms provide omnichannel solutions as the consumption of different types of devices has increased with the rising digitalization, it facilitates ease of using the e-commerce platform. However, the market is impacted by the prevailing economic slowdown and the pandemic on some level.
The market study is broken down by Type (Open Source, SaaS (Software as a Service), CaaS (Commerce as a Service) and PaaS (Platform as a Service)), by Application (Small Business, Medium-sized Enterprise and Large-scale Enterprise) and major geographies with country level break-up.
Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
WooCommerce (United States), Magento, Inc (United States), BigCommerce (United States), Shopify Inc. (Canada), OpenCart Ltd (United Kingdom), Big Cartel, LLC (United States), PrestaShop (France), JD.com, Inc. (China), SearchSpring (B7 Interactive, LLC) (United States), NetEase, Inc. (China), Pinduoduo (China) and Volusion (United States) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global E-commerce Platform market by Type, Application and Region.
On the basis of geography, the market of E-commerce Platform has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Business Model, the sub-segment i.e. B2B will boost the E-commerce Platform market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
On 4th February 2020, Searchspring, a provider of intelligent site search and merchandising solutions for a new generation of online retailers, announced a merger with Nextopia, a Toronto-based global provider of ecommerce site search and navigation solutions. With a combined 32 years of experience providing online retailers with the tools to build great ecommerce sites, Searchspring and Nextopia have successfully worked in competition to advance the technology that is available to marketers and merchandisers.
- Omni Channel Solutions in E-commerce Platform
- Emerging Number of Companies in E-commerce Platform for its Brand Building
- Need for the Brand Awareness, Eliminating the Geographical Barriers and Reaching a Wider Audience
- Demand for Exemplary Customer Services and Customizable Option
- The Adoption of Virtual Showroom in E-commerce
- Rising Demand for the Online Shopping Facility with the Growth in Digitalisation
- Cyber Vulnerabilities and Limited Integration of Third-Party Apps Hindering the E-commerce Platform Market
- Major Issues Due to Technological Errors and Slow Page Loading
Key Target AudienceE-commerce Platform Providers, E-commerce Platform Industry Associations, Potential Investors, Regulatory Bodies and Others
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as WooCommerce (United States), Magento, Inc (United States), BigCommerce (United States), Shopify Inc. (Canada), OpenCart Ltd (United Kingdom), Big Cartel, LLC (United States), PrestaShop (France), JD.com, Inc. (China), SearchSpring (B7 Interactive, LLC) (United States), NetEase, Inc. (China), Pinduoduo (China) and Volusion (United States) etc.
2. Can we have customized study for E-commerce Platform Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of E-commerce Platform Market by 2026?
Analysts at AMA estimates E-commerce Platform Market to reach USD Million by 2026.