E-commerce Software Market

E-commerce Software Market by Deployment (On-premise and Cloud-based), End-users (Food & Beverages, Apparel & Fashion, Automotive, Healthcare, Home & Electronics, BFSI & Technology, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: ICT-SE-415
  • Author: Growth Market Reports
  • Rating: 4.9
  • Total Reviews: 2
  • No. Of Pages: 142
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The global e-commerce software market was valued at USD 6.1 billion in 2020 and is projected to reach USD 20.4 billion by 2028, expanding at a CAGR of 16.1 % during the forecast period, 2021 – 2028. The growth of the market is attributed to increasing preference towards online shopping by consumers.

E-commerce software offers a peak behind the scenes of an online store. This software simplifies complex processes and helps companies to calculate taxes, manage inventories, and other business-related functions. The software simplifies complex processes in a user-friendly manner, which enables non-technical people to use it effectively.

Global E-commerce Software Market Summary

Market Trends, Drivers, Restraints, and Opportunities:

  • Manual processing errors are reduced by the e-commerce software.
  • Decreasing costs due to the adoption of online platforms along with ease of online business is expected to boost the market.
  • The software provides options to modify delivery date and time, which improves the customer experience.
  • Increasing number of e-tailers is expected to increase the demand for e-commerce software during the forecast period.
  • Rising adoption of e-commerce software in the automotive sector is estimated to fuel the market.
  • E-commerce software is perceived to be complex and multifaceted, which is anticipated to hamper the market growth.
  • Increasing cyber-attacks are creating data security issues, which is expected to hinder the market for e-commerce software.

Scope of the Report:

The report on the e-commerce software market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Global E-commerce Software Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Deployment (On-premise and Cloud-based), End-users (Food & Beverages, Apparel & Fashion, Automotive, Healthcare, Home & Electronics, BFSI & Technology, and Others), and Regions

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

SAP SE, Shopify, Salesforce.com, Inc., Oracle, and Pitney Bowes Inc.

 

Market Segment Insights:

The cloud-based segment held a major share of more than 77% share of the total revenue in 2019
Based on deployment, the global e-commerce software market is bifurcated into on-premise and cloud-based. The cloud-based segment is expected to expand at a rapid pace during the forecast period. The growth of the segment is attributed to rising adoption of cloud-based technology in various industries. Cloud-based deployment offers several benefits such as centralized access, high storage capacity, reliability, and high speed. Key players such as SAP, Oracle, Adobe, and SE are focusing on large investments in cloud-based software.

The on-premise segment is anticipated to expand at a CAGR of 6% during the forecast period. The on-premise segment reduces the need for additional security. The segment growth is projected to decrease, due to rising number of startups that conduct business over the internet and companies that have budget restraints.

Global E-commerce Software Market By End-Users

The apparel & fashion segment held a key share of around 32% of the total revenue in 2019
On the basis of end-users, the global e-commerce software market is segregated as food & beverages, apparel & fashion, automotive, healthcare, home & electronics, BFSI & technology, and others. The apparel & fashion segment is expected to expand at a substantial CAGR during the forecast period. The growth of this segment is attributed to rising preference towards online shopping of clothes, accessories, jewelry, and bags. Moreover, rising disposal income in developing countries along with benefits such as doorstep service, 24 hour access to products, discounts offered on online shopping, and cashless transactions has encouraged dealers and consumers to opt for digital platforms.

The healthcare segment is anticipated to expand at a CAGR of more than 10% during the forecast period. E-commerce software provides opportunities for clinics and hospitals to simplify their purchase of medical equipment and other appliances. Incorporation of telemedicine with e-commerce software is expected to improve the patient experience during the forecast period, which in turn, is estimated to drive the market.

The market in North America held a major share of more than 37% of the total revenue in 2019
In terms of regions, the global e-commerce software market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in North America is anticipated to expand at a robust CAGR during the forecast period. The growth of the market is attributed to presence of prominent players such as Shopify, Oracle Corporation, and Saleforce.com, Inc. Moreover, increasing e-commerce sales in the US is driving the e-commerce software among various retailers. Retailers are taking up new initiatives and investing in e-commerce software to gain profits.

The market in Asia Pacific is estimated to expand at a substantial CAGR of 16% during the forecast period. The growth of the region is attributed to the initiatives taken by the governments of developing countries such as India and China to support digitalization.

Global E-commerce Software Market By Region

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. E-commerce Software Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. E-commerce Software Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. E-commerce Software Market - Supply Chain
  4.5. Global E-commerce Software Market Forecast
     4.5.1. E-commerce Software Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. E-commerce Software Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. E-commerce Software Market Absolute $ Opportunity
5. Global E-commerce Software Market Analysis and Forecast by End Users
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by End Users
     5.2.2. Y-o-Y Growth Projections by End Users
  5.3. E-commerce Software Market Size and Volume Forecast by End Users
     5.3.1. Food & beverages
     5.3.2. Apparel & fashion
     5.3.3. Automotive
     5.3.4. Healthcare
     5.3.5. Home & electronics
     5.3.6. BFSI & technology
     5.3.7. Others
  5.4. Absolute $ Opportunity Assessment by End Users
  5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global E-commerce Software Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. E-commerce Software Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global E-commerce Software Demand Share Forecast, 2019-2026
7. North America E-commerce Software Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America E-commerce Software Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America E-commerce Software Market Size and Volume Forecast by End Users
     7.4.1. Food & beverages
     7.4.2. Apparel & fashion
     7.4.3. Automotive
     7.4.4. Healthcare
     7.4.5. Home & electronics
     7.4.6. BFSI & technology
     7.4.7. Others
  7.5. Basis Point Share (BPS) Analysis by End Users
  7.6. Y-o-Y Growth Projections by End Users
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America E-commerce Software Demand Share Forecast, 2019-2026
8. Latin America E-commerce Software Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America E-commerce Software Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America E-commerce Software Market Size and Volume Forecast by End Users
     8.4.1. Food & beverages
     8.4.2. Apparel & fashion
     8.4.3. Automotive
     8.4.4. Healthcare
     8.4.5. Home & electronics
     8.4.6. BFSI & technology
     8.4.7. Others
  8.5. Basis Point Share (BPS) Analysis by End Users
  8.6. Y-o-Y Growth Projections by End Users
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America E-commerce Software Demand Share Forecast, 2019-2026
9. Europe E-commerce Software Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe E-commerce Software Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe E-commerce Software Market Size and Volume Forecast by End Users
     9.4.1. Food & beverages
     9.4.2. Apparel & fashion
     9.4.3. Automotive
     9.4.4. Healthcare
     9.4.5. Home & electronics
     9.4.6. BFSI & technology
     9.4.7. Others
  9.5. Basis Point Share (BPS) Analysis by End Users
  9.6. Y-o-Y Growth Projections by End Users
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe E-commerce Software Demand Share Forecast, 2019-2026
10. Asia Pacific E-commerce Software Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific E-commerce Software Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific E-commerce Software Market Size and Volume Forecast by End Users
     10.4.1. Food & beverages
     10.4.2. Apparel & fashion
     10.4.3. Automotive
     10.4.4. Healthcare
     10.4.5. Home & electronics
     10.4.6. BFSI & technology
     10.4.7. Others
  10.5. Basis Point Share (BPS) Analysis by End Users
  10.6. Y-o-Y Growth Projections by End Users
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific E-commerce Software Demand Share Forecast, 2019-2026
11. Middle East & Africa E-commerce Software Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa E-commerce Software Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa E-commerce Software Market Size and Volume Forecast by End Users
     11.4.1. Food & beverages
     11.4.2. Apparel & fashion
     11.4.3. Automotive
     11.4.4. Healthcare
     11.4.5. Home & electronics
     11.4.6. BFSI & technology
     11.4.7. Others
  11.5. Basis Point Share (BPS) Analysis by End Users
  11.6. Y-o-Y Growth Projections by End Users
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa E-commerce Software Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global E-commerce Software Market: Market Share Analysis
  12.2. E-commerce Software Distributors and Customers
  12.3. E-commerce Software Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. SAP SE
     12.4.2. Shopify
     12.4.3. Salesforce.com, Inc.
     12.4.4. Oracle
     12.4.5. Pitney Bowes Inc.
Segments Covered in the Report:
The global e-commerce software market has been segmented on the basis of

Deployments
  • On-premise
  • Cloud-based
End-users
  • Food & beverages
  • Apparel & fashion
  • Automotive
  • Healthcare
  • Home & electronics
  • BFSI & technology
  • Others
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • SAP SE
  • Shopify
  • Salesforce.com, Inc.
  • Oracle
  • Pitney Bowes Inc.

Key players in the global e-commerce software market include SAP SE, Shopify, Salesforce.com, Inc., Oracle, and Pitney Bowes Inc. Market players are concentrating on expanding their business through mergers and acquisitions.

Global E-commerce Software Market By Key Players

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