Xin Ou
Research expert covering Greater China
E-commerce platform technologies - statistics & facts
Online shopping would not be possible without software technology behind online stores. E-commerce platform software enables the complex fulfillment process from inventory management and product listing to online ordering and checkout. As e-commerce has grown to an industry worth six trillion U.S. dollars, so has increased the market revenue from e-commerce software. Business-to-consumer (B2C) e-commerce contributed to most of the spending on e-commerce platform technologies, reaching double the spend on business-to-business (B2B) platforms. By 2025, B2B e-commerce is forecast to catch up slightly, with expected platform investments worth 4.2 billion U.S. dollars.
