MARKET OVERVIEW
Retail E-commerce software is a type of software used in various e-commerce activities. E-commerce refers tbuying and selling of products and services, transfer of data or funds through an electronic network, mainly the internet. Business transactions over this medium takes place as either business tconsumer (B2C), business tbusiness (B2B), consumer tbusiness (C2B) or consumer tconsumer (C2C). Demand for retail e-commerce software is predicted trise significantly during the forecast period.
MARKET SCOPE
The "Global Retail E-commerce Software Market Analysis t2028" is a specialized and in-depth study of the technology, media and telecommunication industry with a special focus on the global market trend analysis. The report aims tprovide an overview of the retail e-commerce software market with detailed market segmentation by component, application, end user and geography. The report provides key statistics on the market status of the leading retail e-commerce software market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on component, the global e-commerce software market is segmented intplatform and services.
- On the basis of application, the market is segmented intapparel, footwear, jewelery, cosmetics and others.
- Based on end user, the market is bifurcated intB2B, B2C and C2C.
MARKET DYNAMICS
Drivers
- Ease and efficiency provided by the retail e-commerce software in managing inventory and goods.
- Rising urbanization and increasing per capita disposable income tboost market growth of retail e-commerce software.
- Brick and mortar store adopting online selling.
Restraints-
- Lack of knowledge regarding e-commerce in some developing countries.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It alsprovides market size and forecast estimates from the year 2019 t2028 with respect tfive major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The retail e-commerce software market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report alsprovides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the retail e-commerce software market in these regions.
IMPACT OF COVID-19 ON RETAIL E-COMMERCE SOFTWARE MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due tlockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Outbreak of this pandemic has led tjob losses and salary cuts in many countries. This has reduced the buying capacity of the consumer. Thus the overall demand for retail e-commerce software has declined. However, some retail e-commerce software catering thealth sector observed some growth.
KEY MARKET PLAYERS
The report covers key developments in the retail e-commerce software market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from retail e-commerce software market are anticipated tlucrative growth opportunities in the future with the rising demand for retail e-commerce software in the global market.
The report alsincludes the profiles of key companies along with their SWOT analysis and market strategies in the retail e-commerce software market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- BigCommerce Pty. Ltd.
- Ecwid, Inc.
- FastSpring (Bright Market, LLC)
- Miva, Inc.
- PinnacleCart, Inc.
- Shift4Shop
- Shopify Inc.
- Salesforce.com, inc.
- ValueCoders
- Volusion, LLC.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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