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E-commerce Platform Market Share

Report ID: GMI8849
Published Date: Apr 2024
Report Format: PDF

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E-commerce Platform Market Share

eBay and SAP are dominant players holding 17% market share, each leveraging distinct strengths to maintain market leadership. eBay, with its vast online marketplace, offers a platform where millions of buyers and sellers can engage in transactions across a wide range of product categories. Its user-friendly interface, robust seller tools, and global reach make it a preferred choice for both individual sellers and businesses seeking to tap into a large customer base.

For instance, in September 2023, eBay introduced a luxury fashion consignment service, partnering with expert seller, Linda Lightman. This move is aimed at competing with consignment-driven apparel resellers including The RealReal and ThredUp, offering users the convenience of selling pre-owned designer handbags. The service plans to expand its offerings to include additional categories in the future.

SAP's e-commerce platform solutions cater to businesses of all sizes, offering comprehensive tools for managing online sales, inventory, and customer relationships. With its integrated suite of Enterprise Resource Planning (ERP) software, SAP enables businesses to streamline operations, optimize supply chain management, and deliver personalized customer experiences. Its scalable and customizable solutions are preferred by large enterprises looking to establish a robust online presence and accelerate digital transformation.

E-commerce Platform Market Companies

Major companies operating in the e-commerce platform industry are:

Shopify
eBay
Squarespace
Bigcommerce
Amazon
Adobecommerce
SAP
Oracle
Salesforce
Woocommerce
Opencart
Wix

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of -commerce platform recorded USD 8.7 billion in 2023 and is set to witness 13.5% CAGR from 2024 to 2032, due to the increasing internet penetration worldwide and the growing number of online shoppers.

The B2B segment accumulated 66% revenue share in 2023, owing to the digitalization of B2B commerce and the growing preference for online purchasing among businesses.

North America market accounted for 31% revenue share in 2023, on account of presence of large number of digitally savvy consumers with high purchasing power.

Shopify, eBay, Squarespace, Bigcommerce, Amazon, Adobecommerce, SAP, Oracle, Salesforce, Woocommerce, Opencart, and Wix are some of the major e-commerce platform companies worldwide.