Friday 21 October 2016

Global Retail E-Commerce Software Market Increasing Trends To Grow at CAGR of 12.95% By 2019

Recent research report, ‘Global Retail E-Commerce Software Market 2015-2019,’ to their offering. This report provides the growth prospects and the current scenario within the global retail e-commerce market through the forecast period from 2015 to 2019. The report takes into account the revenue generated via sales from e-commerce software subscriptions and licenses, support and maintenance, and software implementation for calculating the size of the market. In addition, the report also highlights the weaknesses and strengths of the prime vendors operating in the market along with stating the threats and opportunities faced by these chief vendors. The key factors driving and restraining the growth of the market have also been elaborated in this study along with mentioning the prevalent trends.

Part one of this report commences by presenting the market overview section. As per the report, electronic commerce, also known as e-commerce, is a process involving selling and buying of services and products via computer networks. A number of industries, such as banks, conventional mortar-and-brick retailers, online vendors, and travel agents have implemented various e-commerce solutions. The e-commerce technology aids them in operating their business via web portals, acquiring more customers, and for gaining a competitive advantage in the market. The e-commerce technologies present cutting-edge capabilities of order management, searching, content management, cart management, reporting, and marketing, etc.

Moving further, the report presents the market landscape which elaborates upon the structure of e-commerce, merchant management software components, and the market forecast and size. In this section, the five forces evaluation has also been presented for the market for retail e-commerce software. Part six of the report presents the regional segmentation of the market and also includes the prime countries wherein the adoption rate of retail e-commerce software technologies is high.

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Moving further, part eight of the report highlights the key drivers fuelling the market. The major driver fuelling the market is the rising focus towards customer satisfaction globally. On the other hand, the increasing competitive threat via open-source solution providers is a major factor that may impede the growth of the market in the coming years.

The key prevalent trend in the market is the rising adoption of cloud solutions. This is because the cloud-based solutions are extremely cost-effective in comparison to the other on-premise solutions. In addition, these solutions also save the costs related to upgrades and installation of e-commerce software. These solutions come with self-explanatory and user-friendly interfaces and applications for the purpose of proper deployment.

In the last sections of the report, the vendor landscape section highlights the five top vendors operating in the market. These vendors are Magento, PrestaShop, Oracle ATG Commerce, Woo Themes, and Shopify. The other chief vendors presented in the report are Cleverbridge, Adobe Systems, Demandware, Intershop Communications, JDA Software, IBM Websphere, Jagged Peak, and Zen Cart, among others.

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