What Fueled The Previous Growth In The E-Merchandising Software Market?
The e-merchandising software market has seen considerable growth due to a variety of factors.
• The E-merchandising software market has grown rapidly. It will increase from $1.37 billion in 2024 to $1.52 billion in 2025, at a CAGR of 10.9%.
The expansion is driven by the rise of online shopping, the proliferation of mobile devices, the emergence of big data analytics, advancements in AI and machine learning technologies, and the evolution of omnichannel retailing.
How Does the Forecast Look for the E-Merchandising Software Market?
The e-merchandising software market is expected to maintain its strong growth trajectory in upcoming years.
• The E-merchandising software market is projected to grow rapidly, reaching $2.29 billion by 2029 with a CAGR of 10.7%.
Growth is driven by increased use of AR for virtual try-ons, integration with voice commerce, the growth of social commerce, personalized shopping experiences, and blockchain for supply chain transparency. Trends include a focus on sustainability, live commerce, 5G technology integration, subscription-based models, and user-generated content in product recommendations.
What Are The Leading Drivers Of Growth In The E-Merchandising Software Market?
The expansion of e-commerce is expected to drive the growth of the e-merchandising software market. E-commerce is booming due to the rise of online shopping, and e-merchandising software optimizes product displays, improves customer engagement, and boosts sales. According to the International Trade Administration in April 2023, e-commerce sales in Canada are projected to reach $40.3 billion by 2025, supporting the growth of the e-merchandising software market.
How Are The Segments Defined Within The Global E-Merchandising Software Market?
The E-merchandising software market covered in this report is segmented –
1) By Type: Cloud Based, On-Premises
2) By Deployment: Public Cloud, Private Cloud, Hybrid Cloud
3) By Pricing Model: Subscription, One Time License
4) By Size Of Enterprise: Small And Medium-Sized Enterprises (SMEs), Large Enterprises
5) By Application: Apparel And Footwear, Groceries And Food, Home And Furniture, Electronics And Jewelry, Beauty And Personal Care, Other Applications
Subsegments:
1) By Cloud-Based: Saas E-Merchandising Solutions, Cloud-Based Product Recommendation Engines, Cloud-Based Personalization Tools, Cloud-Integrated Visual Merchandising Tools, Cloud-Based E-commerce Analytics And Insights, Cloud-Based Inventory And Catalog Management, Cloud-Based Price Optimization And Dynamic Pricing
2) By On-Premises: On-Premises Product Display And Layout Tools, On-Premises Visual Merchandising Solutions, On-Premises Inventory And Product Management Software, On-Premises Price Optimization Software, On-Premises Customer Engagement Tools, On-Premises E-Commerce Analytics, On-Premises Catalog Management Software
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What Emerging Trends Are Influencing The Growth Of The E-Merchandising Software Market?
Companies in the E-merchandising software market are focusing on innovative technologies like the Digital Merchandising Suite to enhance the online retail experience. This software solution optimizes product presentation, promotion, and sales on e-commerce platforms. In February 2024, Monetate, a U.S.-based software company, launched Monetate for Merchandisers, an AI-powered tool that helps e-commerce teams create better customer experiences. The suite includes features for product discoverability, catalog exposure, and brand value reflection, as well as robust testing frameworks for continuous optimization.
Who Are the Key Players In The E-Merchandising Software Market?
Major companies operating in the E-merchandising software market are:
• Salesforce Inc.
• Bloomreach Inc.
• Algolia Inc.
• Episerver AB
• Dynamic Yield Ltd.
• Bluecore Inc.
• Kibo Commerce Inc.
• Voyado
• Elastic Path Software Inc.
• Unbxd Inc.
• Clerk.io ApS
• Nosto Oy
• Zoovu GmbH
• Searchspring Inc.
• RichRelevance Inc.
• Reflektion Inc.
• SymphonyAI LLC
• GroupBy Inc.
• SLI Systems Inc.
• PredictSpring Inc.
• PureClarity Ltd.
• Celebros Ltd.
• Smart Merchandiser LLC
• Vue.ai Inc.
• Tagalys Inc.
What Is The Most Dominant Region In The E-Merchandising Software Market?
North America was the largest region in the E-merchandising software market in 2023. The regions covered in the E-merchandising software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
