ECommerce platform Market Size, Share, Growth Analysis, By Region:(North America, United States (US), Canada, Europe) - Industry Forecast 2024-2031

Report ID: UCMIG25Z2008 | Region: Global | Published Date: Upcoming |
Pages: 165 |Tables: 0 |Figures: 0

ECommerce platform Market Insights

Market Overview:

At a projected CAGR of 13.8% over the forecast period, the eCommerce platform market is expected to rise from USD 7.1 billion in 2023 to USD 13.5 billion by 2028. the main forces are The demand for eCommerce platforms will be fueled by an expanding online consumer base and rising smartphone penetration. Omnichannel commerce is fueling this demand. Global internet adoption is increasing, spurring the use of eCommerce platforms The use of eCommerce platforms will increase as there is a growing demand to improve worldwide presence.

ECommerce platform Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
ForecastGrowthRate
To get more reports on the above market click here to
GET FREE SAMPLE

This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Internet & Direct Marketing Retail by segment aggregation, the contribution of the Internet & Direct Marketing Retail in Retailing and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

Segmentation Analysis:

The ECommerce platform Market is segmented by Region:. We are analyzing the market of these segments to identify which segment is the largest now and in the future, which segment has the highest growth rate, and the segment which offers the opportunity in the future.

ECommerce platform Market Basis Point Share Analysis, 2021 Vs. 2028
BasisPointShareAnalysis
To get detailed analysis on all segments
BUY NOW
  • Based on Region: the market is segmented as, North America, United States (US), Canada, Europe, United Kingdom (UK), Germany, Italy, Spain, France, Rest of Europe, Asia Pacific, China, Japan, Australia & New Zealand, Singapore, India, Rest of Asia Pacific, Middle East & Africa, KSA, UAE, South Africa, Rest of Middle East & Africa, Latin America, Brazil, Mexico, Rest of Latin America, KEY MARKET PLAYERS, Shopify, eBay, Etsy, Square, BigCommerce, Amazon, Adobe, Wix, Oracle, Squarespace, WooCommerce, SAP, Salesforce, StoreHippo, Trade Me, Ecwid, OpenCart, Volusion, PrestaShop, Shift4Shop, FastSpring, Shopware, VTEX, Nuvemshop, Tray.io

Regional Analysis:

ECommerce platform Market is being analyzed by North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA) regions. Key countries including the U.S., Canada, Germany, France, UK, Italy, Spain, China, India, Japan, Brazil, GCC Countries, and South Africa among others were analyzed considering various micro and macro trends.

ECommerce platform Market Attractiveness Analysis, By Region 2020-2028
AttractivenessAnalysis
To know more about the market opportunities by region and country, click here to
REQUEST FREE CUSTOMIZATION

ECommerce platform Market : Risk Analysis

SkyQuest's expert analysts have conducted a risk analysis to understand the impact of external extremities on ECommerce platform Market. We analyzed how geopolitical influence, natural disasters, climate change, legal scenario, economic impact, trade & economic policies, social & ethnic concerns, and demographic changes might affect ECommerce platform Market's supply chain, distribution, and total revenue growth.

Competitive landscaping:

To understand the competitive landscape, we are analyzing key ECommerce platform Market vendors in the market. To understand the competitive rivalry, we are comparing the revenue, expenses, resources, product portfolio, region coverage, market share, key initiatives, product launches, and any news related to the ECommerce platform Market.

To validate our hypothesis and validate our findings on the market ecosystem, we are also conducting a detailed porter's five forces analysis. Competitive Rivalry, Supplier Power, Buyer Power, Threat of Substitution, and Threat of New Entry each force is analyzed by various parameters governing those forces.

Key Players Covered in the Report:

  • ce platform market size is projected to grow from USD 7.1 billion in 2023 to USD 13.5 billion by 2028, at a CAGR of 13.8% during the forecast period. The rising need to enhance global presence will increase the adoption of eCommerce platforms. E-commerce platforms allow companies to connect with a broad and diverse global audience, unrestricted by the constraints of physical store locations. This freedom allows businesses to explore untapped markets and broaden their customer base, transcending geographical limitations. SMEs have started to leverage the potential of eCommerce and understand that its adoption could accelerate the growth of their business in both domestic and international markets.
  • ECommerce Platform Market Dynamics
  • Driver: Increasing internet penetration across the globe to fuel the adoption of eCommerce platform efforts through the eCommerce Platform will drive the market growth.
  • Over the past two decades, the internet's profound impact has revolutionized various aspects of life, transforming how people live, shop, socialize, and find entertainment. Technology adoption on a large scale, rising internet usage, and widespread use of mobile phones have radically changed how people communicate and conduct business, resulting in huge breakthroughs in eCommerce. This digital revolution has streamlined, accelerated, and simplified business transactions, opening the door for significant e-commerce sector expansion. The adoption of eCommerce platforms is positively impacted by increased internet usage.
  • Restraint: Cyber security issues and online scams can hinder the growth
  • Technology has enabled customers to purchase every product and service from their homes nowadays. The digital revolution across the country has enabled many industry segments to manage their business online, including online shopping, financial services, travel, and hospitality. The increasing digitalization initiatives across developing countries have led public and private enterprises to deploy cloud and mobility–based applications. These initiatives have exposed their critical business process data to the risk of cyber-attacks.
  • Opportunity: Rising investment in the eCommerce sector
  • The recent rise in digital literacy has led to an influx of investment in eCommerce firms, leveling the market for new players to set up their base while churning out innovative patterns to disrupt old functioning. Rising investments in the e-commerce sector offer e-commerce platforms a range of opportunities. With increased capital, platforms can invest in research and development to adopt innovative technologies, expand their reach into new markets, diversify their services, enhance marketing efforts, improve infrastructure and scalability, collaborate with other businesses, and create job opportunities.
  • Challenge: Customer acquisition and retention can be expensive in this competitive era
  • In a competitive eCommerce platform market, gaining new customers can be expensive. To attract potential buyers, businesses invest in various marketing strategies, such as digital advertising, social media campaigns, and search engine optimization. To stand out from competitors, platforms must provide distinctive value propositions and appealing incentives that persuade users to choose their services. Offering a seamless and user-friendly experience is crucial to attract and retain customers. This involves having an intuitive website or app design, ensuring easy navigation, quick loading times, and a straightforward checkout process.
  • ECommerce Platform Market Ecosystem
  • Prominent companies in this market include a well-established, financially stable provider of the eCommerce Platform market. These companies have innovated their offerings and possess a diversified product portfolio, state-of-the-art technologies, and strong global sales and marketing networks. Prominent companies in this market include Shopify (Canada), Wix (Israel), eBay (US), Etsy (US), Square (US), Oracle (US), Amazon (US), Adobe (US).
  • By offering, the Solution segment holds the largest market size during the forecast period
  • Based on solutions, the eCommerce platform market is segmented into billing subscriptions, eCommerce management platforms, and end-to-end platforms. To build an eCommerce site, the users need a platform to build the store. Creating a custom website can be done, but it can be an expensive and time-consuming process with developers required. ECommerce platforms mitigate this by offering users the essential features to get an eCommerce site up and running as quickly as possible.
  • By health & wellness segment is expected to grow with the highest CAGR during the forecast period.
  • The changing lifestyle and longer working hours have increased the demand for wellness solutions in recent years. Lack of time to visit offline stores, especially in metro cities, has supported the growth of eCommerce platforms in the healthcare sector. The ease and convenience offered by online platforms have made consumers habitual for ordering products online. For instance, companies in the health and wellness sectors use platforms such as Shift4Shop to create significant sales. By using Shift4Shop, AED Superstore provides top-tier service, selection, and pricing on emergency medical equipment and first aid supplies. Their eCommerce website provides comprehensive information on cardiac arrest and other medical emergencies, CPR training and supplies, and more.
  • Based on the solution segment, the end-to-end platform segment is expected to hold the largest market size during the forecast period.
  • An end-to-end eCommerce platform is an integrated solution that addresses all eCommerce business concerns and helps sellers achieve their goals. The solution enables sellers to create, promote, populate, and maintain online stores. These solutions cover the whole task, from creating an online storefront to delivering post-sales customer support services. End-to-end eCommerce platforms are developed to integrate with established systems to build a custom solution for the unique requirement of their brands. The end-to-end eCommerce platform solutions are technologies that support various brands across disciplines, from marketing to transactions to delivery.
  • Based on region Asia Pacific is expected to grow with the highest CAGR during the forecast period.
  • Due to increasing internet penetration, hospitality, consumer electronics, fashion & apparel, and other industries are rapidly adopting eCommerce Platform solutions in Asia. Several factors contribute to this rapid growth, including the increasing number of internet users, the rising affluence of consumers, the popularity of mobile commerce, and the availability of reliable logistics services. To meet the increasing demand, businesses in the Asia Pacific region are investing in developing and deploying robust e-commerce platforms. These platforms can handle high volumes of traffic, offer various payment options, and provide a seamless user experience.
  • Recent Developments
  • In April 2023, Square announced a major product release in April 2023, which included over 100 new features across its entire product ecosystem. The new features are designed to help businesses automate their operations, increase revenue, and provide a better customer experience. Square is committed to providing businesses with the tools they need to succeed, and this release is a significant step in that direction.
  • In July 2022, Shopify partnered with YouTube, enabling Shopify vendors to sell their full range of products on YouTube Shopping with videos, live streaming, and store tab.
  • In May 2022, Shopify acquired Deliverr, a fulfillment technology provider, to eliminate the complexity of the supply chain for merchants of all sizes and deliver millions of orders per month across the US.
  • In May 2023, Cardinal Health introduced new payment solutions in collaboration with Square to support independent pharmacies. These modern payment solutions aim to enhance operational efficiency, keep up with customer payment preferences, and provide integrated software tools for business management. Through this partnership with Square, Cardinal Health can offer independent pharmacy customers access to cutting-edge products that facilitate seamless business operations management.
  • KEY MARKET SEGMENTS
  • Based on Offering:
  • Solution
  • Payment & Billing solutions
  • E-Commerce Management Platform
  • End-to-End platform
  • Services
  • Based on e-Commerce Model:
  • Business to Business (B2B)
  • Business to Customer (B2C)
  • Based on Industry:
  • Beauty & Personal Care
  • Consumer Electronics
  • Fashion & Apparel
  • Food & Beverage
  • Home Decor
  • Health & Wellness
  • Household Consumables
  • Other Industries
  • By Region:
  • North America
  • United States (US)
  • Canada
  • Europe
  • United Kingdom (UK)
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • Australia & New Zealand
  • Singapore
  • India
  • Rest of Asia Pacific
  • Middle East & Africa
  • KSA
  • UAE
  • South Africa
  • Rest of Middle East & Africa
  • Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
  • KEY MARKET PLAYERS
  • Shopify
  • eBay
  • Etsy
  • Square
  • BigCommerce
  • Amazon
  • Adobe
  • Wix
  • Oracle
  • Squarespace
  • WooCommerce
  • SAP
  • Salesforce
  • StoreHippo
  • Trade Me
  • Ecwid
  • OpenCart
  • Volusion
  • PrestaShop
  • Shift4Shop
  • FastSpring
  • Shopware
  • VTEX
  • Nuvemshop
  • Tray.io

SkyQuest's Expertise:

The ECommerce platform Market is being analyzed by SkyQuest's analysts with the help of 20+ scheduled Primary interviews from both the demand and supply sides. We have already invested more than 250 hours on this report and are still refining our date to provide authenticated data to your readers and clients. Exhaustive primary and secondary research is conducted to collect information on the market, peer market, and parent market.

Our cross-industry experts and revenue-impact consultants at SkyQuest enable our clients to convert market intelligence into actionable, quantifiable results through personalized engagement.

Scope Of Report

Report Attribute Details
The base year for estimation 2021
Historical data 2016 – 2022
Forecast period 2022 – 2028
Report coverage Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis
Segments covered
  • By Region: - North America, United States (US), Canada, Europe, United Kingdom (UK), Germany, Italy, Spain, France, Rest of Europe, Asia Pacific, China, Japan, Australia & New Zealand, Singapore, India, Rest of Asia Pacific, Middle East & Africa, KSA, UAE, South Africa, Rest of Middle East & Africa, Latin America, Brazil, Mexico, Rest of Latin America, KEY MARKET PLAYERS, Shopify, eBay, Etsy, Square, BigCommerce, Amazon, Adobe, Wix, Oracle, Squarespace, WooCommerce, SAP, Salesforce, StoreHippo, Trade Me, Ecwid, OpenCart, Volusion, PrestaShop, Shift4Shop, FastSpring, Shopware, VTEX, Nuvemshop, Tray.io
Regional scope North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)
Country scope U.S., Canada, Germany, France, UK, Italy, Spain, China, India, Japan, Brazil, GCC Countries, South Africa
Key companies profiled
  • ce platform market size is projected to grow from USD 7.1 billion in 2023 to USD 13.5 billion by 2028, at a CAGR of 13.8% during the forecast period. The rising need to enhance global presence will increase the adoption of eCommerce platforms. E-commerce platforms allow companies to connect with a broad and diverse global audience, unrestricted by the constraints of physical store locations. This freedom allows businesses to explore untapped markets and broaden their customer base, transcending geographical limitations. SMEs have started to leverage the potential of eCommerce and understand that its adoption could accelerate the growth of their business in both domestic and international markets.
  • ECommerce Platform Market Dynamics
  • Driver: Increasing internet penetration across the globe to fuel the adoption of eCommerce platform efforts through the eCommerce Platform will drive the market growth.
  • Over the past two decades, the internet's profound impact has revolutionized various aspects of life, transforming how people live, shop, socialize, and find entertainment. Technology adoption on a large scale, rising internet usage, and widespread use of mobile phones have radically changed how people communicate and conduct business, resulting in huge breakthroughs in eCommerce. This digital revolution has streamlined, accelerated, and simplified business transactions, opening the door for significant e-commerce sector expansion. The adoption of eCommerce platforms is positively impacted by increased internet usage.
  • Restraint: Cyber security issues and online scams can hinder the growth
  • Technology has enabled customers to purchase every product and service from their homes nowadays. The digital revolution across the country has enabled many industry segments to manage their business online, including online shopping, financial services, travel, and hospitality. The increasing digitalization initiatives across developing countries have led public and private enterprises to deploy cloud and mobility–based applications. These initiatives have exposed their critical business process data to the risk of cyber-attacks.
  • Opportunity: Rising investment in the eCommerce sector
  • The recent rise in digital literacy has led to an influx of investment in eCommerce firms, leveling the market for new players to set up their base while churning out innovative patterns to disrupt old functioning. Rising investments in the e-commerce sector offer e-commerce platforms a range of opportunities. With increased capital, platforms can invest in research and development to adopt innovative technologies, expand their reach into new markets, diversify their services, enhance marketing efforts, improve infrastructure and scalability, collaborate with other businesses, and create job opportunities.
  • Challenge: Customer acquisition and retention can be expensive in this competitive era
  • In a competitive eCommerce platform market, gaining new customers can be expensive. To attract potential buyers, businesses invest in various marketing strategies, such as digital advertising, social media campaigns, and search engine optimization. To stand out from competitors, platforms must provide distinctive value propositions and appealing incentives that persuade users to choose their services. Offering a seamless and user-friendly experience is crucial to attract and retain customers. This involves having an intuitive website or app design, ensuring easy navigation, quick loading times, and a straightforward checkout process.
  • ECommerce Platform Market Ecosystem
  • Prominent companies in this market include a well-established, financially stable provider of the eCommerce Platform market. These companies have innovated their offerings and possess a diversified product portfolio, state-of-the-art technologies, and strong global sales and marketing networks. Prominent companies in this market include Shopify (Canada), Wix (Israel), eBay (US), Etsy (US), Square (US), Oracle (US), Amazon (US), Adobe (US).
  • By offering, the Solution segment holds the largest market size during the forecast period
  • Based on solutions, the eCommerce platform market is segmented into billing subscriptions, eCommerce management platforms, and end-to-end platforms. To build an eCommerce site, the users need a platform to build the store. Creating a custom website can be done, but it can be an expensive and time-consuming process with developers required. ECommerce platforms mitigate this by offering users the essential features to get an eCommerce site up and running as quickly as possible.
  • By health & wellness segment is expected to grow with the highest CAGR during the forecast period.
  • The changing lifestyle and longer working hours have increased the demand for wellness solutions in recent years. Lack of time to visit offline stores, especially in metro cities, has supported the growth of eCommerce platforms in the healthcare sector. The ease and convenience offered by online platforms have made consumers habitual for ordering products online. For instance, companies in the health and wellness sectors use platforms such as Shift4Shop to create significant sales. By using Shift4Shop, AED Superstore provides top-tier service, selection, and pricing on emergency medical equipment and first aid supplies. Their eCommerce website provides comprehensive information on cardiac arrest and other medical emergencies, CPR training and supplies, and more.
  • Based on the solution segment, the end-to-end platform segment is expected to hold the largest market size during the forecast period.
  • An end-to-end eCommerce platform is an integrated solution that addresses all eCommerce business concerns and helps sellers achieve their goals. The solution enables sellers to create, promote, populate, and maintain online stores. These solutions cover the whole task, from creating an online storefront to delivering post-sales customer support services. End-to-end eCommerce platforms are developed to integrate with established systems to build a custom solution for the unique requirement of their brands. The end-to-end eCommerce platform solutions are technologies that support various brands across disciplines, from marketing to transactions to delivery.
  • Based on region Asia Pacific is expected to grow with the highest CAGR during the forecast period.
  • Due to increasing internet penetration, hospitality, consumer electronics, fashion & apparel, and other industries are rapidly adopting eCommerce Platform solutions in Asia. Several factors contribute to this rapid growth, including the increasing number of internet users, the rising affluence of consumers, the popularity of mobile commerce, and the availability of reliable logistics services. To meet the increasing demand, businesses in the Asia Pacific region are investing in developing and deploying robust e-commerce platforms. These platforms can handle high volumes of traffic, offer various payment options, and provide a seamless user experience.
  • Recent Developments
  • In April 2023, Square announced a major product release in April 2023, which included over 100 new features across its entire product ecosystem. The new features are designed to help businesses automate their operations, increase revenue, and provide a better customer experience. Square is committed to providing businesses with the tools they need to succeed, and this release is a significant step in that direction.
  • In July 2022, Shopify partnered with YouTube, enabling Shopify vendors to sell their full range of products on YouTube Shopping with videos, live streaming, and store tab.
  • In May 2022, Shopify acquired Deliverr, a fulfillment technology provider, to eliminate the complexity of the supply chain for merchants of all sizes and deliver millions of orders per month across the US.
  • In May 2023, Cardinal Health introduced new payment solutions in collaboration with Square to support independent pharmacies. These modern payment solutions aim to enhance operational efficiency, keep up with customer payment preferences, and provide integrated software tools for business management. Through this partnership with Square, Cardinal Health can offer independent pharmacy customers access to cutting-edge products that facilitate seamless business operations management.
  • KEY MARKET SEGMENTS
  • Based on Offering:
  • Solution
  • Payment & Billing solutions
  • E-Commerce Management Platform
  • End-to-End platform
  • Services
  • Based on e-Commerce Model:
  • Business to Business (B2B)
  • Business to Customer (B2C)
  • Based on Industry:
  • Beauty & Personal Care
  • Consumer Electronics
  • Fashion & Apparel
  • Food & Beverage
  • Home Decor
  • Health & Wellness
  • Household Consumables
  • Other Industries
  • By Region:
  • North America
  • United States (US)
  • Canada
  • Europe
  • United Kingdom (UK)
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • Australia & New Zealand
  • Singapore
  • India
  • Rest of Asia Pacific
  • Middle East & Africa
  • KSA
  • UAE
  • South Africa
  • Rest of Middle East & Africa
  • Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
  • KEY MARKET PLAYERS
  • Shopify
  • eBay
  • Etsy
  • Square
  • BigCommerce
  • Amazon
  • Adobe
  • Wix
  • Oracle
  • Squarespace
  • WooCommerce
  • SAP
  • Salesforce
  • StoreHippo
  • Trade Me
  • Ecwid
  • OpenCart
  • Volusion
  • PrestaShop
  • Shift4Shop
  • FastSpring
  • Shopware
  • VTEX
  • Nuvemshop
  • Tray.io
Customization scope Free report customization (15% Free customization) with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options Reap the benefits of customized purchase options to fit your specific research requirements.

Objectives of the Study

  • To forecast the market size, in terms of value, for various segments with respect to five main regions, namely, North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)
  • To provide detailed information regarding the major factors influencing the growth of the Market (drivers, restraints, opportunities, and challenges)
  • To strategically analyze the micro markets with respect to the individual growth trends, future prospects, and contribution to the total market
  • To provide a detailed overview of the value chain and analyze market trends with the Porter's five forces analysis
  • To analyze the opportunities in the market for various stakeholders by identifying the high-growth Segments
  • To identify the key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for the market leaders
  • To analyze competitive development such as joint ventures, mergers and acquisitions, new product launches and development, and research and development in the market

What does this Report Deliver?

  • Market Estimation for 20+ Countries
  • Historical data coverage: 2016 to 2022
  • Growth projections: 2022 to 2028
  • SkyQuest's premium market insights: Innovation matrix, IP analysis, Production Analysis, Value chain analysis, Technological trends, and Trade analysis
  • Customization on Segments, Regions, and Company Profiles
  • 100+ tables, 150+ Figures, 10+ matrix
  • Global and Country Market Trends
  • Comprehensive Mapping of Industry Parameters
  • Attractive Investment Proposition
  • Competitive Strategies Adopted by Leading Market Participants
  • Market drivers, restraints, opportunities, and its impact on the market
  • Regulatory scenario, regional dynamics, and insights of leading countries in each region
  • Segment trends analysis, opportunity, and growth
  • Opportunity analysis by region and country
  • Porter's five force analysis to know the market's condition
  • Pricing analysis
  • Parent market analysis
  • Product portfolio benchmarking

Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on ECommerce platform Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on ECommerce platform Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)
  • ce platform market size is projected to grow from USD 7.1 billion in 2023 to USD 13.5 billion by 2028, at a CAGR of 13.8% during the forecast period. The rising need to enhance global presence will increase the adoption of eCommerce platforms. E-commerce platforms allow companies to connect with a broad and diverse global audience, unrestricted by the constraints of physical store locations. This freedom allows businesses to explore untapped markets and broaden their customer base, transcending geographical limitations. SMEs have started to leverage the potential of eCommerce and understand that its adoption could accelerate the growth of their business in both domestic and international markets.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • ECommerce Platform Market Dynamics
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Driver: Increasing internet penetration across the globe to fuel the adoption of eCommerce platform efforts through the eCommerce Platform will drive the market growth.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Over the past two decades, the internet's profound impact has revolutionized various aspects of life, transforming how people live, shop, socialize, and find entertainment. Technology adoption on a large scale, rising internet usage, and widespread use of mobile phones have radically changed how people communicate and conduct business, resulting in huge breakthroughs in eCommerce. This digital revolution has streamlined, accelerated, and simplified business transactions, opening the door for significant e-commerce sector expansion. The adoption of eCommerce platforms is positively impacted by increased internet usage.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Restraint: Cyber security issues and online scams can hinder the growth
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Technology has enabled customers to purchase every product and service from their homes nowadays. The digital revolution across the country has enabled many industry segments to manage their business online, including online shopping, financial services, travel, and hospitality. The increasing digitalization initiatives across developing countries have led public and private enterprises to deploy cloud and mobility–based applications. These initiatives have exposed their critical business process data to the risk of cyber-attacks.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Opportunity: Rising investment in the eCommerce sector
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The recent rise in digital literacy has led to an influx of investment in eCommerce firms, leveling the market for new players to set up their base while churning out innovative patterns to disrupt old functioning. Rising investments in the e-commerce sector offer e-commerce platforms a range of opportunities. With increased capital, platforms can invest in research and development to adopt innovative technologies, expand their reach into new markets, diversify their services, enhance marketing efforts, improve infrastructure and scalability, collaborate with other businesses, and create job opportunities.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Challenge: Customer acquisition and retention can be expensive in this competitive era
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • In a competitive eCommerce platform market, gaining new customers can be expensive. To attract potential buyers, businesses invest in various marketing strategies, such as digital advertising, social media campaigns, and search engine optimization. To stand out from competitors, platforms must provide distinctive value propositions and appealing incentives that persuade users to choose their services. Offering a seamless and user-friendly experience is crucial to attract and retain customers. This involves having an intuitive website or app design, ensuring easy navigation, quick loading times, and a straightforward checkout process.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • ECommerce Platform Market Ecosystem
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Prominent companies in this market include a well-established, financially stable provider of the eCommerce Platform market. These companies have innovated their offerings and possess a diversified product portfolio, state-of-the-art technologies, and strong global sales and marketing networks. Prominent companies in this market include Shopify (Canada), Wix (Israel), eBay (US), Etsy (US), Square (US), Oracle (US), Amazon (US), Adobe (US).
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By offering, the Solution segment holds the largest market size during the forecast period
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Based on solutions, the eCommerce platform market is segmented into billing subscriptions, eCommerce management platforms, and end-to-end platforms. To build an eCommerce site, the users need a platform to build the store. Creating a custom website can be done, but it can be an expensive and time-consuming process with developers required. ECommerce platforms mitigate this by offering users the essential features to get an eCommerce site up and running as quickly as possible.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By health & wellness segment is expected to grow with the highest CAGR during the forecast period.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The changing lifestyle and longer working hours have increased the demand for wellness solutions in recent years. Lack of time to visit offline stores, especially in metro cities, has supported the growth of eCommerce platforms in the healthcare sector. The ease and convenience offered by online platforms have made consumers habitual for ordering products online. For instance, companies in the health and wellness sectors use platforms such as Shift4Shop to create significant sales. By using Shift4Shop, AED Superstore provides top-tier service, selection, and pricing on emergency medical equipment and first aid supplies. Their eCommerce website provides comprehensive information on cardiac arrest and other medical emergencies, CPR training and supplies, and more.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Based on the solution segment, the end-to-end platform segment is expected to hold the largest market size during the forecast period.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • An end-to-end eCommerce platform is an integrated solution that addresses all eCommerce business concerns and helps sellers achieve their goals. The solution enables sellers to create, promote, populate, and maintain online stores. These solutions cover the whole task, from creating an online storefront to delivering post-sales customer support services. End-to-end eCommerce platforms are developed to integrate with established systems to build a custom solution for the unique requirement of their brands. The end-to-end eCommerce platform solutions are technologies that support various brands across disciplines, from marketing to transactions to delivery.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Based on region Asia Pacific is expected to grow with the highest CAGR during the forecast period.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Due to increasing internet penetration, hospitality, consumer electronics, fashion & apparel, and other industries are rapidly adopting eCommerce Platform solutions in Asia. Several factors contribute to this rapid growth, including the increasing number of internet users, the rising affluence of consumers, the popularity of mobile commerce, and the availability of reliable logistics services. To meet the increasing demand, businesses in the Asia Pacific region are investing in developing and deploying robust e-commerce platforms. These platforms can handle high volumes of traffic, offer various payment options, and provide a seamless user experience.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Recent Developments
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • In April 2023, Square announced a major product release in April 2023, which included over 100 new features across its entire product ecosystem. The new features are designed to help businesses automate their operations, increase revenue, and provide a better customer experience. Square is committed to providing businesses with the tools they need to succeed, and this release is a significant step in that direction.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • In July 2022, Shopify partnered with YouTube, enabling Shopify vendors to sell their full range of products on YouTube Shopping with videos, live streaming, and store tab.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • In May 2022, Shopify acquired Deliverr, a fulfillment technology provider, to eliminate the complexity of the supply chain for merchants of all sizes and deliver millions of orders per month across the US.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • In May 2023, Cardinal Health introduced new payment solutions in collaboration with Square to support independent pharmacies. These modern payment solutions aim to enhance operational efficiency, keep up with customer payment preferences, and provide integrated software tools for business management. Through this partnership with Square, Cardinal Health can offer independent pharmacy customers access to cutting-edge products that facilitate seamless business operations management.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • KEY MARKET SEGMENTS
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Based on Offering:
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Solution
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Payment & Billing solutions
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • E-Commerce Management Platform
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • End-to-End platform
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Services
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Based on e-Commerce Model:
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Business to Business (B2B)
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Business to Customer (B2C)
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Based on Industry:
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Beauty & Personal Care
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Consumer Electronics
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Fashion & Apparel
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Food & Beverage
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Home Decor
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Health & Wellness
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Household Consumables
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Other Industries
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Region:
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • North America
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • United States (US)
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Canada
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Europe
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • United Kingdom (UK)
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Germany
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Italy
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Spain
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • France
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Rest of Europe
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Asia Pacific
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • China
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Japan
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Australia & New Zealand
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Singapore
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • India
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Rest of Asia Pacific
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Middle East & Africa
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • KSA
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • UAE
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • South Africa
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Rest of Middle East & Africa
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Latin America
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Brazil
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Mexico
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Rest of Latin America
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • KEY MARKET PLAYERS
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Shopify
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • eBay
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Etsy
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Square
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • BigCommerce
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Amazon
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Adobe
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Wix
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Oracle
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Squarespace
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • WooCommerce
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • SAP
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Salesforce
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • StoreHippo
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Trade Me
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Ecwid
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • OpenCart
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Volusion
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • PrestaShop
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Shift4Shop
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • FastSpring
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Shopware
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • VTEX
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Nuvemshop
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Tray.io
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments

Methodology

For the ECommerce platform Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the ECommerce platform Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the ECommerce platform Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the ECommerce platform Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

$5,300
BUY NOW

REQUEST FOR SAMPLE

Want to customize this report?
REQUEST FREE CUSTOMIZATION

FAQs

The market for ECommerce platform was estimated to be valued at US$ XX Mn in 2021.

The ECommerce platform Market is estimated to grow at a CAGR of XX% by 2028.

The ECommerce platform Market is segmented on the basis of Region:.

Based on region, the ECommerce platform Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the ECommerce platform Market are ce platform market size is projected to grow from USD 7.1 billion in 2023 to USD 13.5 billion by 2028, at a CAGR of 13.8% during the forecast period. The rising need to enhance presence will increase the adoption of eCommerce platforms. E-commerce platforms allow companies to connect with a broad and diverse audience, unrestricted by the constraints of physical store locations. This freedom allows businesses to explore untapped markets and broaden their customer base, transcending geographical limitations. SMEs have started to leverage the potential of eCommerce and understand that its adoption could accelerate the growth of their business in both domestic and international markets. , ECommerce Platform Market Dynamics , Driver: Increasing internet penetration across the globe to fuel the adoption of eCommerce platform efforts through the eCommerce Platform will drive the market growth. , Over the past two decades, the internet's profound impact has revolutionized various aspects of life, transforming how people live, shop, socialize, and find entertainment. Technology adoption on a large scale, rising internet usage, and widespread use of mobile phones have radically changed how people communicate and conduct business, resulting in huge breakthroughs in eCommerce. This digital revolution has streamlined, accelerated, and simplified business transactions, opening the door for significant e-commerce sector expansion. The adoption of eCommerce platforms is positively impacted by increased internet usage. , Restraint: Cyber security issues and online scams can hinder the growth , Technology has enabled customers to purchase every product and service from their homes nowadays. The digital revolution across the country has enabled many industry segments to manage their business online, including online shopping, financial services, travel, and hospitality. The increasing digitalization initiatives across developing countries have led public and private enterprises to deploy cloud and mobility–based applications. These initiatives have exposed their critical business process data to the risk of cyber-attacks. , Opportunity: Rising investment in the eCommerce sector , The recent rise in digital literacy has led to an influx of investment in eCommerce firms, leveling the market for new players to set up their base while churning out innovative patterns to disrupt old functioning. Rising investments in the e-commerce sector offer e-commerce platforms a range of opportunities. With increased capital, platforms can invest in research and development to adopt innovative technologies, expand their reach into new markets, diversify their services, enhance marketing efforts, improve infrastructure and scalability, collaborate with other businesses, and create job opportunities. , Challenge: Customer acquisition and retention can be expensive in this competitive era , In a competitive eCommerce platform market, gaining new customers can be expensive. To attract potential buyers, businesses invest in various marketing strategies, such as digital advertising, social media campaigns, and search engine optimization. To stand out from competitors, platforms must provide distinctive value propositions and appealing incentives that persuade users to choose their services. Offering a seamless and user-friendly experience is crucial to attract and retain customers. This involves having an intuitive website or app design, ensuring easy navigation, quick loading times, and a straightforward checkout process. , ECommerce Platform Market Ecosystem , Prominent companies in this market include a well-established, financially stable provider of the eCommerce Platform market. These companies have innovated their offerings and possess a diversified product portfolio, state-of-the-art technologies, and strong sales and marketing networks. Prominent companies in this market include Shopify (Canada), Wix (Israel), eBay (US), Etsy (US), Square (US), Oracle (US), Amazon (US), Adobe (US). , By offering, the Solution segment holds the largest market size during the forecast period , Based on solutions, the eCommerce platform market is segmented into billing subscriptions, eCommerce management platforms, and end-to-end platforms. To build an eCommerce site, the users need a platform to build the store. Creating a custom website can be done, but it can be an expensive and time-consuming process with developers required. ECommerce platforms mitigate this by offering users the essential features to get an eCommerce site up and running as quickly as possible. , By health & wellness segment is expected to grow with the highest CAGR during the forecast period. , The changing lifestyle and longer working hours have increased the demand for wellness solutions in recent years. Lack of time to visit offline stores, especially in metro cities, has supported the growth of eCommerce platforms in the healthcare sector. The ease and convenience offered by online platforms have made consumers habitual for ordering products online. For instance, companies in the health and wellness sectors use platforms such as Shift4Shop to create significant sales. By using Shift4Shop, AED Superstore provides top-tier service, selection, and pricing on emergency medical equipment and first aid supplies. Their eCommerce website provides comprehensive information on cardiac arrest and other medical emergencies, CPR training and supplies, and more. , Based on the solution segment, the end-to-end platform segment is expected to hold the largest market size during the forecast period. , An end-to-end eCommerce platform is an integrated solution that addresses all eCommerce business concerns and helps sellers achieve their goals. The solution enables sellers to create, promote, populate, and maintain online stores. These solutions cover the whole task, from creating an online storefront to delivering post-sales customer support services. End-to-end eCommerce platforms are developed to integrate with established systems to build a custom solution for the unique requirement of their brands. The end-to-end eCommerce platform solutions are technologies that support various brands across disciplines, from marketing to transactions to delivery. , Based on region Asia Pacific is expected to grow with the highest CAGR during the forecast period. , Due to increasing internet penetration, hospitality, consumer electronics, fashion & apparel, and other industries are rapidly adopting eCommerce Platform solutions in Asia. Several factors contribute to this rapid growth, including the increasing number of internet users, the rising affluence of consumers, the popularity of mobile commerce, and the availability of reliable logistics services. To meet the increasing demand, businesses in the Asia Pacific region are investing in developing and deploying robust e-commerce platforms. These platforms can handle high volumes of traffic, offer various payment options, and provide a seamless user experience. , Recent Developments , In April 2023, Square announced a major product release in April 2023, which included over 100 new features across its entire product ecosystem. The new features are designed to help businesses automate their operations, increase revenue, and provide a better customer experience. Square is committed to providing businesses with the tools they need to succeed, and this release is a significant step in that direction. , In July 2022, Shopify partnered with YouTube, enabling Shopify vendors to sell their full range of products on YouTube Shopping with videos, live streaming, and store tab. , In May 2022, Shopify acquired Deliverr, a fulfillment technology provider, to eliminate the complexity of the supply chain for merchants of all sizes and deliver millions of orders per month across the US. , In May 2023, Cardinal Health introduced new payment solutions in collaboration with Square to support independent pharmacies. These modern payment solutions aim to enhance operational efficiency, keep up with customer payment preferences, and provide integrated software tools for business management. Through this partnership with Square, Cardinal Health can offer independent pharmacy customers access to cutting-edge products that facilitate seamless business operations management. , KEY MARKET SEGMENTS , Based on Offering: , Solution , Payment & Billing solutions , E-Commerce Management Platform , End-to-End platform , Services , Based on e-Commerce Model: , Business to Business (B2B) , Business to Customer (B2C) , Based on Industry: , Beauty & Personal Care , Consumer Electronics , Fashion & Apparel , Food & Beverage , Home Decor , Health & Wellness , Household Consumables , Other Industries , By Region: , North America , United States (US) , Canada , Europe , United Kingdom (UK) , Germany , Italy , Spain , France , Rest of Europe , Asia Pacific , China , Japan , Australia & New Zealand , Singapore , India , Rest of Asia Pacific , Middle East & Africa , KSA , UAE , South Africa , Rest of Middle East & Africa , Latin America , Brazil , Mexico , Rest of Latin America , KEY MARKET PLAYERS , Shopify , eBay , Etsy , Square , BigCommerce , Amazon , Adobe , Wix , Oracle , Squarespace , WooCommerce , SAP , Salesforce , StoreHippo , Trade Me , Ecwid , OpenCart , Volusion , PrestaShop , Shift4Shop , FastSpring , Shopware , VTEX , Nuvemshop , Tray.io.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

Click here right-arrow
logo-images

Related Reports

E-commerce Software Market
Buy Now GET FREE SAMPLE
E-Commerce Market
Buy Now GET FREE SAMPLE
Customer Data Platform Market
Buy Now GET FREE SAMPLE
Online Trading Platform Market
Buy Now GET FREE SAMPLE
Commerce Cloud Market
Buy Now GET FREE SAMPLE
Sustainable E-Commerce Market
Buy Now GET FREE SAMPLE
Digital Banking Platform Market
Buy Now GET FREE SAMPLE
E-Commerce Logistics Market
Buy Now GET FREE SAMPLE

Feedback From Our Clients

ECommerce platform Market

Report ID: UCMIG25Z2008

sales@skyquestt.com
USA +1 351-333-4748

BUY NOW GET FREE SAMPLE