Rising E-Commerce Fuels Surge In E-Merchandising Software Adoption: Powering Innovation and Expansion in the E-Merchandising Software Market by 2025

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What Is the Expected CAGR for the E-Merchandising Software Market Through 2025?
In recent years, there has been a notable surge in the size of the E-merchandising software market. The market, which is projected to expand from $1.37 billion in 2024 to $1.52 billion in 2025, will have a compound annual growth rate (CAGR) of 10.9%. The growth that was witnessed during the historical period is due to the increasing popularity of online shopping, widespread use of mobile devices, the onset of a big data analytical era, advancements in AI and machine learning technologies, and the progressive development of omnichannel retailing.

What's the Projected Size of the Global E-Merchandising Software Market by 2029?
The forecast for the E-merchandising software market is optimistic, predicting a sharp rise in the coming years. By 2029, it is projected to increase to a value of $2.29 billion, expanding at a compound annual growth rate of 10.7%. This anticipated growth over the forecast period is largely due to the growing utilization of augmented reality for virtual testing experiences, the integration of voice commerce and smart speakers, the proliferation of social commerce and influencer marketing, the use of customer data analytics to deliver personalized shopping experiences, and the acceleration of blockchain technology to enhance supply chain clearness and verify products. Key predicted trends throughout this period include heightened focus on sustainability and eco-friendly items, the growth of live commerce and dynamic shopping experiences, the deployment of 5G technology to facilitate faster and more engaging shopping experiences, an increase in subscription-based and membership models in E-commerce, and a greater reliance on social proof and user-generated content for product suggestions.

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Top Growth Drivers in the E-Merchandising Software Industry: What's Accelerating the Market?
The E-merchandising software market is set to surge with the growth of E-commerce. E-commerce, which operates primarily through online platforms and electronic transactions, encompasses the sale and purchase of goods and services on the Internet. This has gained popularity due to the increasing trend towards online shopping and the growing demand for digital alternatives in retail. E-merchandising software uplifts sales and enhances customer interaction in E-commerce by personalizing recommendations, optimizing product presentations, and deploying strategic dynamic pricing. As reported by the US-based International Trade Administration in April 2023, E-commerce transactions in Canada were calculated at approximately $2.34 billion in March 2022 and are forecasted to hit $40.3 billion by 2025. As a result, the surging utilization of E-commerce is accelerating the growth of the E-merchandising software market.

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What Trends Will Shape the E-Merchandising Software Market Through 2029 and Beyond?
Top firms in the E-merchandising software market are concentrating on the advancement of cutting-edge technologies, like the Digital Merchandising Suite, to achieve a competitive advantage. A Digital Merchandising Suite is a broad software solution developed to improve online retail by augmenting product display, marketing, and sales on E-commerce platforms. For example, in February 2024, Monetate, an American software organization, launched Monetate for Merchandisers, an innovative solution designed to enable E-commerce and digital merchandising teams to craft unparalleled customer experiences that revolutionize product segments. It fuses AI with an extensive merchandising tool suite, enabling businesses to amplify product discoverability, extend catalog visibility, and demonstrate unique brand worth across the consumer journey. The suite is supported by a solid AB and MVT testing structure, promoting ongoing refinement based on crucial performance measures (KPIs) such as conversion rate (CVR) and average order value (AOV).

What Are the Main Segments in the 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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Which Top Companies are Driving Growth 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.

Which Regions Will Dominate the E-Merchandising Software Market Through 2029?
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.

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