Published On : 13 Jul 2016
QYResearchReports has added a new research report titled “Global Retail E-Commerce Software Market 2015-2019” to its repository. The report offers a comprehensive analysis of the global retail e-commerce market. The geographical areas studied in the report include the U.S.A, China, South America, Europe, Africa, and Japan.
Electronic commerce or e-commerce refers to the trading of products or services using internet. E-commerce allows companies to operate through web portals that give them a competitive advantage, enabling them to quickly reach a wider set of customers. E-commerce software offers advanced capabilities that makes trading convenient and efficient. These capabilities include order management, searching, cart management, marketing, reporting, and content management. Moreover, the e-commerce trend is catching up fast as it eliminates huge infrastructure costs. This is driving the global retail e-commerce software market.
Consumer behavior has evolved in recent times with regard to how they interact with the retailers. Expectations of engaging with retailers online and through mobile devices are leading to companies integrating their businesses online. Companies are embracing emerging technologies such as big data analytics and are making use of social media to interact and understand individual customers. Of late, many organizations have been rapidly moving from on-premise to cloud-based business, with e-commerce solutions. Moving to cloud-based approach and e-commerce solutions is helping organizations to access critical information at all times.
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Key players in the retail e-commerce software market are concentrating on offering customers innovative and improved solutions. Thus, there has been a rise in the number of users searching for products online and purchasing them. Moreover, there has been an increased competition in the retail e-commerce software market, as companies strive to serve customers better, offer better support and improve customer satisfaction. This has led to the quickening of processes and is behind the expanding customer base of e-commerce companies. Other factors stimulating the retail e-commerce software market include the high penetration of internet and smartphones among people across the world and growing disposable income. However, the global retail e-commerce software market is threatened by open source solution providers.
The report profiles leading players operating in the global retail e-commerce software market. They are Oracle osCommerce, IBM, Hybris Software, Adobe Systems Incorporated, eBay, WooCommerce, Shopify, PrestaShop, Intershop, Sitecore, Jagged Peak, Elastic Path Software, Squarespace, Evision, JDA Software, CenturyLink, Insite Software, Cleverbridge, Ekm Systems, and Transpacific Software. The company profile, product picture, specifications, and the sale, price, revenue, and gross margin analysis have been given. The challenges faced by the companies and the business strategies used by them to overcome the challenges have been included in the report. This is expected to help readers and enterprises to make informed decisions regarding investments in the global retail e-commerce software market.