Global Retail E-Commerce Software Market 2024-2028
The retail e-commerce software market is forecasted to grow by USD 4.17 bn during 2023-2028, accelerating at a CAGR of 11.22% during the forecast period. The report on the retail e-commerce software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the rise in international retailing, the advent of omnichannel retailing, and the growth of the e-commerce industry.
Technavio's retail e-commerce software market is segmented as below:
By Application
- Apparel and accessories
- Grocery
- Footwear
- Personal and beauty care
- Others
By Product
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the integration of novel technologies with retail e-commerce software as one of the prime reasons driving the retail e-commerce software market growth during the next few years. Also, the evolving role of social media in e-commerce and increased subscription and recurring revenue models will lead to sizable demand in the market.
The report on the retail e-commerce software market covers the following areas:
- Retail e-commerce software market sizing
- Retail e-commerce software market forecast
- Retail e-commerce software market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading retail e-commerce software market vendors that include Adobe Inc., BigCommerce Holdings Inc., ClearCourse Partnership LLP, HCL Technologies Ltd., International Business Machines Corp., IPIX, Maplebear Inc., Optimizely Inc., Oracle Corp., Panasonic Holdings Corp., Pitney Bowes Inc., PrestaShop SA, Salesforce Inc., SAP SE, Shopify Inc., Solution Microsystems Pvt Ltd., Squarespace Inc., Wix.com Inc., Zoho Corp. Pvt. Ltd., cleverbridge AG, CloudCart AD, Mirakl, OpenCart, osCommerce, and Sitecore. Also, the retail e-commerce software market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.