eCommerce Software - Kazakhstan | Statista Market Forecast

The eCommerce Software market in Kazakhstan is expected to experience significant growth in the coming years.
By 2024, the projected revenue for this market is estimated to reach US$9.34m.
This growth is expected to continue at an annual growth rate of 5.12%, resulting in a market volume of US$11.99m by 2029.
When it comes to the average Spend per Employee in the eCommerce Software market, it is projected to be US$0.92 in 2024.
This metric indicates the amount of money spent on each employee within the market.
In terms of global comparison, it is worth noting that United States is expected to generate the highest revenue in the eCommerce Software market.
In 2024 alone, the projected revenue for the United States is estimated to be US$4.36bn.
This highlights the dominance of the US in this market segment.
Kazakhstan's eCommerce software market is experiencing rapid growth, fueled by increasing internet penetration and a growing digital economy.

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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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

Administrative Software, such as ADP, Gusto, Workday, and SAP
Office Software, such as Microsoft, Google, and Zoho

Kazakhstan is a country in Central Asia that is rapidly developing its eCommerce Software market.

Customer preferences: Kazakhstan's population is young and tech-savvy, with a high percentage of internet users. This has led to an increase in demand for eCommerce software solutions that are user-friendly, secure, and convenient. Customers prefer software that allows them to easily browse and purchase products, track their orders, and make payments through multiple channels.

Trends in the market: The eCommerce Software market in Kazakhstan is witnessing significant growth due to the increasing number of online retailers and the rising popularity of online shopping. The market is becoming more competitive, with companies offering a wide range of software solutions to meet the diverse needs of customers. Mobile commerce is also gaining traction, with more customers using their smartphones to make purchases.

Local special circumstances: Kazakhstan is a vast country with a diverse population and a unique culture. This has led to the development of eCommerce software solutions that cater to the needs of different regions and communities. For example, some software solutions are designed to support the Kazakh language, while others are tailored to the needs of specific industries such as agriculture and mining.

Underlying macroeconomic factors: Kazakhstan's economy is heavily dependent on its natural resources, particularly oil and gas. However, the government is working to diversify the economy and promote the growth of the technology sector. This has led to increased investment in the eCommerce software market, with local and international companies setting up operations in the country. The government has also implemented policies to support the growth of eCommerce, such as providing tax incentives for online retailers and investing in digital infrastructure.

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.

This report presents a comprehensive analysis and additional information on the Technology market, in a PDF format.

Imagine a world without the apps you use daily, the games you enjoy, or the websites you rely on. Software development is the invisible hand behind this digital magic, transforming ideas into the tools that shape our lives. Software development is the process of creating, designing, deploying, and supporting software. It includes all the computer activities between the software's conception and final manifestation.

These activities are planned and put into stages in a logical order, a process known as the software development life cycle (SDLC) or software development. The SDLC often includes six stages: requirement analysis, design, development, testing, implementation, documentation, and evolution. Programming languages such as JavaScript and C++ are used to create software, with JavaScript being the most popular programming language in 2023 and used by roughly 65 percent of software developers.