Global Ecommerce Search Software Market Overview:
E-Commerce Search software helps online sellers offer a far better shopping experience to consumers and buyers by allowing them to simply find the simplest products for their needs. This software analyses the merchandise data and other e-commerce information that make it easier for buyers to seek out varied suitable options. This type of software also provides intelligent product recommendations, improves customer engagement, and boosts revenue. Merchandisers and e-commerce platform administrators are used in E-commerce search software. Due to COVID-19, disruptions in supply chains, customer behavior changes, store closures, and more.
- Reduction in additional costs due to the adoption of online platforms combined with the ease of online business
- High internet penetration rate and the rising number of online applications
- High-speed internet technology such as 4G and 5G that impacted positively
- Rising number of start-ups that conduct business over the internet and companies
- Offers high opportunities for new businesses
- Increased use of E-commerce search software by retailers resulted in an increase in the growth of the market
- Covid pandemic has undoubtedly had an effect on B2B business
- Support customers who are facing financial trouble
Companies in the market are concentrating on software applications. In North America, rising demand for e-commerce sales in the U.S. for e-commerce software among various retailers. Retailers are also taking up new initiatives and investing heavily in e-commerce software to gain an advantage in their respective business sectors. Also in the Asia Pacific region, the government of countries such as China and India, promote digitalization. The high internet penetration rate created a huge opportunity for the growth of the e-commerce sector and expand their business in this region.
Some of the key players profiled in the report are 3dcart (United States), Shopify (Canada), SAP SE (Germany), Salesforce.com, Inc. (United States), Pitney Bowes Inc. (United States), Adobe Inc. (United States), BigCommerce Pty. Ltd. (United States), HCL Technologies Limited (India), Intershop Communications AG (Germany) and Pitney Bowes Inc. (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Ecommerce Search Software market by 2026. Considering Market by End-Use Industry, the sub-segment i.e. Food & Beverage will boost the Ecommerce Search Software market. Considering Market by Deployment, the sub-segment i.e. Cloud-Based will boost the Ecommerce Search Software market.
23 May 2019: Shopify announced the acquisition of Handshake Corp. With this acquisition, the company plans to enhance its business in the B2B e-commerce sector.
What Can be Explored with the Ecommerce Search Software Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Ecommerce Search Software Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Ecommerce Search Software
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Ecommerce Search 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 Ecommerce Search 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 Research & Development, Consumer Suppliers, B2B Ecommerce Sales and Retailers.
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.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Ecommerce Search Software Market?
The Ecommerce Search Software market is expected to see a CAGR of % during projected year 2020 to 2026.
2. Who are the top performing companies in Ecommerce Search Software Market?
Top performing companies in the Global Ecommerce Search Software market are 3dcart (United States), Shopify (Canada), SAP SE (Germany), Salesforce.com, Inc. (United States), Pitney Bowes Inc. (United States), Adobe Inc. (United States), BigCommerce Pty. Ltd. (United States), HCL Technologies Limited (India), Intershop Communications AG (Germany) and Pitney Bowes Inc. (United States), to name a few.
3. What trending factors would impact Ecommerce Search Software Market growth most?
"Smarter mobile shopping tools
" is seen as one of major influencing trends for Ecommerce Search Software Market during projected period 2020-2026.