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.
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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