Europe e-commerce software market was valued at US$ 1272.41 million in 2019 and is expected to reach US$ 3263 million by 2027, growing at an estimated CAGR of 12.5% over the forecast period. Some of the players operating in the Europe e-commerce software market are Shopify Plus, Magento Commerce, Pepperi, BigCommerce, PrestaShop, InsiteCommerce, NetSuite, SAP Hybris, GoEcart, OpenCart amongst others.
Significant rise in number of retail E-commerce firms would boost the Europe e-commerce software market. It is estimated that there are 600 million E-commerce users in Europe and the number is expected to increase even further in the coming years. Customers expect a seamless experience in an E-commerce website. According to a survey, a one second delay in page response could lead to 7% reduction in conversions. Hence, there is a need for a robust e-commerce software which caters to the needs of the customers. Inventory management, data security, automated tax calculations, product management amongst others are some of the features of an e-commerce software. Another factor which would drive the growth of the e-commerce software market is the number of smart phone users who prefer mobile commerce.
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E-Commerce Software Market By Deployment (On Premise, Cloud Based), By End User (Small And Medium Enterprises, Large Enterprises), By Vertical (Retail, Travel And Hospitality, Healthcare, Banking, Financial Services & Insurance (BFSI), Automotive, Fashion And Lifestyle, Others) By Country (France, UK, Germany, Spain, Italy, Nordic Countries, Benelux Union, Rest Of Europe)– Europe Insights, Growth, Size, Comparative Analysis, Trends And Forecast, 2019 – 2027
E-Commerce Software Market research added by Absolute Markets Insights, offers a comprehensive analysis of the growth trends prevailing in the global business arena. This report also provides definitive data regarding the market, size, marketing aspects, and revenue forecast of the industry. In addition, the study explicitly highlights the competitive status of major players in the projection schedule while focusing on their portfolio and regional expansion efforts.
The Global E-Commerce Software Market Analysis to 2030 is a specialized and in-depth study of the Technology, Media, and Telecommunications industry, with an emphasis especially on the analysis of global market trends. The report aims to provide an overview of the enterprise content delivery networks and enterprise streaming software market with detailed market segmentation by component, type of deployment, industry vertical, and geography. The global market for enterprise content delivery networks and enterprise streaming software is expected to witness high growth during the forecast period.
Financial performance:
The overall turnover of the companies / segments for the years 2021, 2020 and 2019 is provided in the sub-heading “Financial performance” (listed companies) with the analysis and explanation of the increase or decrease. decrease in these due to factors such as mergers and acquisitions, profit or loss of any strategic business unit (SBU) and others.
Strategic initiatives:
Information relating to new product launches, strategic collaboration, mergers and acquisitions, regulatory approval and other company developments in the market is covered in the strategic initiatives section.
E-Commerce Software Market: Regional analysis includes:
- Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia and Australia)
- Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
- North America (United States, Mexico and Canada.)
- South America (Brazil etc.)
- The Middle East and Africa (GCC countries and Egypt.)
This research provides detailed information on the major factors influencing the E-Commerce Software market growth on a global and regional level (drivers, restraints, opportunities and challenges), forecast of market size, in terms of value, market share by region and segment; regional market positions; growth opportunities by segment and by country, strengths and weaknesses, brand portfolio; Marketing and distribution strategies; challenges and threats of current competition and prospects; Key Company Profiles, SWOTs and Growth Strategies.
The E-Commerce Software market research covers a comprehensive analysis of the following data:
• Historical and future growth of the Global E-Commerce Software market.
• Segmentation of enterprise content delivery network and enterprise streaming software market to highlight the growth prospects and trends impacting these segments.
• Change the consumption behavior of customers in different regions.
• Regional analysis on the basis of market share, growth prospects and key countries.
• Agreements, product launches, acquisitions and R&D projects of various players in the enterprise content delivery networks and enterprise streaming software market.
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