Retail E-commerce Software Market - Evolving Opportunities with Adobe Inc. & ClearCourse Partnership LLP |35% of Growth to Originate from North America |17000+ Technavio Reports
The adventof omnichannel retailingwill facilitate theretail e-commerce software market growth in North America over the forecastperiod.The retail e-commerce software market is expected to grow by USD6.72 billion from 2020 to 2025 at a CAGR of 19.58% as per the latest report by Technavio.
NEW YORK, Feb. 1, 2022 /PRNewswire/ -- 35% of the growth will originate from North America for the retail E-commerce software market. The US is the key market for retail e-commerce software in North America. The report offers an up-to-date analysis of the geographical composition of the market. North America has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The advent of omnichannel retailing will facilitate the retail e-commerce software market growth in North America over the forecast period. The retail e-commerce software market is expected to grow by USD 6.72 billion from 2020 to 2025 at a CAGR of 19.58% as per the latest report by Technavio.
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Some of key Retail E-Commerce Software Players with offerings:
The retail e-commerce software market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
- Adobe Inc. - The company offers e-commerce software namely Magento commerce.
- ClearCourse Partnership LLP - The company offers e-commerce software solutions through its subsidiary EKM Systems Ltd.
- International Business Machines Corp. - The company offers Omnichannel Commerce to gain universal visibility of inventory and customers across all touchpoints.
- Optimizely Inc. - The company offers B2C commerce for digital commerce and content management that uses artificial intelligence to deliver personalized experiences, individualized search rankings, and product recommendations.
- Oracle Corp. - The company offers e-commerce software namely Oracle Retail with retail solutions, cloud services.
- To know about all major vendors with their key offerings - Click here!
Read the 120-page report with TOC on "Retail E-Commerce Software Market Market Analysis Report by Deployment (Cloud-based and On-premises) and Geography (North America, APAC, Europe, South America, and MEA), and the Segment Forecasts,2021-2025". Gain competitive intelligence about market leaders. Track key industry opportunities, trends and threats. Information on marketing, brand, strategy and market development, sales, and supply functions. https://www.technavio.com/report/report/retail-e-commerce-software-market-market-industry-analysis
Retail e-commerce software market - Driver & Challenge
The retail e-commerce software market is driven by the rise in international retailing. However, factors such as intense competition in the global retail e-commerce software market may impede the market growth. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.
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Retail E-Commerce Software Market Market Deployment Outlook (Revenue, USD bn, 2020-2025)
- Cloud-based - size and forecast 2020-2025
- On-premises - size and forecast 2020-2025
Retail E-Commerce Software Market Market Geography Outlook (Revenue, USD bn, 2020-2025)
- North America - size and forecast 2020-2025
- APAC - size and forecast 2020-2025
- Europe - size and forecast 2020-2025
- South America - size and forecast 2020-2025
- MEA - size and forecast 2020-2025
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Retail E-Commerce Software Market Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 19.58% |
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Market growth 2021-2025 |
USD 6.72 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
18.09 |
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Regional analysis |
North America, APAC, Europe, South America, and MEA |
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Performing market contribution |
North America at 35% |
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Key consumer countries |
US, China, Germany, Japan, and UK |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
Adobe Inc., ClearCourse Partnership LLP, International Business Machines Corp., Optimizely Inc., Oracle Corp., Panasonic Corp., Pitney Bowes Inc., PrestaShop SA, Salesforce.com Inc., and SAP SE |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period, |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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SOURCE Technavio
