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eCommerce Software - Spain

Spain
  • The eCommerce Software market in Spain is forecasted to achieve a revenue of US$57.45m in 2024.
  • It is expected to experience a steady annual growth rate (CAGR 2024-2029) of 2.37%, leading to a market volume of US$64.59m by 2029.
  • The average Spend per Employee in the eCommerce Software market is estimated to be US$2.34 in 2024.
  • When compared globally, United States is projected to generate the highest revenue, amounting to US$4.36bn in 2024.
  • Spain's eCommerce software market is experiencing a surge in demand due to the country's growing online shopping culture.

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

    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

    Spain, one of the largest economies in Europe, has been experiencing a significant growth in its eCommerce Software market.

    Customer preferences:
    The Spanish eCommerce Software market is highly competitive with a large number of players offering a variety of solutions to businesses of all sizes. Customers in Spain are increasingly looking for eCommerce software that is easy to use, flexible, and customizable to their specific needs. They also demand solutions that provide a seamless shopping experience to their customers, including fast and reliable delivery options.

    Trends in the market:
    One of the main trends in the Spanish eCommerce Software market is the increasing adoption of cloud-based solutions. Cloud-based solutions offer businesses greater flexibility and scalability, as well as lower costs compared to traditional on-premise solutions. Another trend is the growing importance of mobile commerce, with more and more consumers in Spain using their smartphones to shop online. This has led to an increase in demand for eCommerce software that is optimized for mobile devices.

    Local special circumstances:
    Spain has a large and growing eCommerce market, with online sales accounting for a significant portion of total retail sales. This trend has been driven by the increasing use of smartphones and the internet, as well as a growing acceptance of online shopping among Spanish consumers. In addition, the Spanish government has been actively promoting eCommerce and digitalization, which has helped to create a favorable environment for eCommerce businesses to thrive.

    Underlying macroeconomic factors:
    The Spanish economy has been growing steadily in recent years, with a strong focus on innovation and technology. This has helped to create a favorable environment for eCommerce businesses to grow and expand. In addition, Spain has a highly skilled workforce and a large pool of talented software developers, which has helped to fuel innovation in the eCommerce software market. Finally, the Spanish government has been actively promoting entrepreneurship and innovation, which has helped to create a supportive environment for eCommerce startups and small 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: Sep 2024

    Source: Statista Market Insights

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