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eCommerce Software - Jordan

Jordan
  • The eCommerce Software market in Jordan is expected to witness a significant growth in the coming years.
  • According to projections, the revenue in this market is estimated to reach US$2.67m Jordanian dinars by 2025.
  • Furthermore, the market is anticipated to display a steady annual growth rate of 4.81% between 2025 and 2029, resulting in a market volume of US$3.23m Jordanian dinars by the end of the forecast period.
  • When it comes to the average Spend per Employee in the eCommerce Software market, it is projected to reach US$0.84 Jordanian dinars in 2025.
  • This metric indicates the amount of money spent by each employee in the industry.
  • In terms of global comparison, it is worth noting that United States is expected to generate the highest revenue in the eCommerce Software market.
  • The projected revenue for the United States in 2025 is estimated to be US$4.54bn.
  • This highlights the dominance of the United States in the global eCommerce Software market.
  • In summary, the eCommerce Software market in Jordan is poised for growth, with significant revenue projections and a positive outlook for the future.
  • However, it is crucial for businesses in Jordan to stay competitive and adapt to the evolving landscape of the industry.
  • Jordan's eCommerce software market is experiencing rapid growth, driven by the country's increasing digital literacy and desire for online shopping convenience.

Definition:

The eCommerce Software market covers a wide range of software applications that support organizations in managing their online sales channels. These solutions typically include features for managing product catalogs, automation of shopping carts, order management, inventory management, and handling order fulfillment.

Products in the eCommerce Software market are most commonly available in the forms of cloud-based software and subscription services.

Additional Information:

The eCommerce Software market comprises revenue and revenue growth as the key performance indicators. Only the revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included and the revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by enterprises (B2B) and governments (B2G).

Key players in this market include Shopify, Salesforce, SAP, and Adobe.

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In-Scope
  • eCommerce software, such as BigCommerce, Shopify, WooCommerce, Salesforce Commerce Cloud, and Volusion
  • Product management, such as Jira Software (Atlassian) and CollabNet VersionOne
  • User accounts management, such as Microsoft, Okta, and OneLogin
  • Order management, such as SAP Order Management, Microsoft Dynamics 365 Commerce, and NetSuite Order Management
Out-Of-Scope
  • Administrative Software, such as ADP, Gusto, Workday, and SAP
  • Office Software, such as Microsoft, Google, and Zoho
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Study Details

    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Market Insights

    2016
    2017
    2018
    2019
    2020
    2021
    2022
    2023
    2024
    2025
    2026
    2027
    2028
    Gartner3,664.454,056.554,573.455,210.85
    IDC2,388.12,734.33,007.92,951.13,234.453,551.43,853.254,223.2
    Statista2,109.152,269.052,458.352,591.42,658.352,873.653,050.653,295.053,476.153,654.253,826.453,997.154,203.7

    Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.

    Most recent update: Jul 2024

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Key Players

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Analyst Opinion

    Jordan, a country located in the Middle East, has been experiencing a growth in its eCommerce Software market.

    Customer preferences:
    The rise of eCommerce Software in Jordan can be attributed to the increasing number of internet users in the country. With more people gaining access to the internet, there has been a shift in customer preferences towards online shopping. Customers in Jordan are now more inclined to shop online due to the convenience and accessibility it offers. Additionally, the COVID-19 pandemic has accelerated this trend as more people are forced to stay at home and turn to online shopping for their needs.

    Trends in the market:
    The eCommerce Software market in Jordan is expected to continue its growth trajectory in the coming years. The market is driven by the increasing number of small and medium-sized enterprises (SMEs) in the country, which are adopting eCommerce Software to expand their businesses. Moreover, the government of Jordan has been actively promoting the growth of the eCommerce sector by providing support to local businesses and entrepreneurs. This has led to an increase in the number of eCommerce platforms in the country.

    Local special circumstances:
    One of the unique features of the eCommerce Software market in Jordan is the popularity of cash on delivery (COD) as a payment method. This is due to the low adoption rate of credit cards in the country. As a result, eCommerce platforms in Jordan have had to adapt to this trend by offering COD as a payment option. Additionally, the market is highly competitive with both local and international eCommerce platforms vying for market share.

    Underlying macroeconomic factors:
    The growth of the eCommerce Software market in Jordan is also influenced by several macroeconomic factors. One of the key factors is the country's young and tech-savvy population. With a median age of 23 years, Jordan has a large population of young people who are comfortable with technology and online shopping. Additionally, the government's efforts to promote entrepreneurship and innovation have encouraged the growth of the eCommerce sector. The country's strategic location and its free trade agreements with several countries have also made it an attractive destination for eCommerce businesses.

    Global Comparison

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Sep 2024

    Sources: Statista Market Insights, Financial Statements of Key Players, National statistical offices

    Methodology

    Data coverage:

    The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the allocation to the country where the money was spent at manufacturer price level (excluding VAT).

    Modeling approach / Market size:

    The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations such as GDP, level of digitization, GDP sector composition, and observed level of software piracy.

    Forecasts:

    We use a variety of forecasting techniques, for instance, advanced statistical methods, depending on the behavior of the relevant segment. The main drivers are the GDP and the level of digitization.

    Additional notes:

    The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

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    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Jan 2025

    Source: Statista Market Insights

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