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Global E-commerce Software Market 2012-2016

Global E-commerce software market: 11.7% CAGR growth expected between 2012-2016


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2014-02-05 14:47:03 - Global E-commerce Software Market 2012-2016 - a new market research report on companiesandmarkets.com

The Global E-commerce Software market is to grow at a CAGR of 11.73 percent over the period 2012-2016. One of the key factors contributing to this market growth is the high growth of the Global E-tailing market. The Global E-commerce Software market has also been witnessing an increasing popularity of mobile commerce. However, threat from open-source solution providers could pose a challenge to the growth of this market.

One of the main trends witnessed in the Global E-commerce Software market is growing popularity of mobile commerce. It has been established that more half of the online consumers are either using smartphones or tablets. Viewing the high opportunity from mobile commerce (or m-commerce), several retailers have adopted smartphone applications as a mean

 

 

to facilitate online sales. Consumers are using Android-enabled smartphones and iPhones for surfing the internet, making reservations, online payments, and for online shopping. This has made mobile commerce as an emerging channel for e-tailing.

One of the main factors driving the market is the high growth of the Global E-tailing Market. The high adoption of mobile devices, broadband connections, and the increasing time spent by users on the internet are some of the major reasons contributing to the growth of the Global E-tailing market. The market is witnessing a rapid increase in the number of internet users.

One of the main challenges is availability of open-source e-commerce Solutions. Magento is one of the leading open-source vendors that enjoy high popularity among enterprises. Magento Enterprise Edition and Magento Community Edition are its popular offerings, of which Magento Community Edition is an open-source offering.

The key vendors dominating this space include Demandware, Inc., Hybris, IBM Corp., and Oracle Corp.

The other vendors mentioned in this report are Cleverbridge, Digital River, Ebay GSI Commerce, Intershop, Jagged Peak, MarketLive, Magento, SAP AG, Venda, and Volusion.

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