Cross border e-commerce software demand was valued at US$ 2.4 Billion in FY 2021, and is slated to register a Y-o-Y incline of nearly 17% in 2022, reaching US$ 2.8 Billion. During the forecast period ranging from 2022 to 2032, the market is poised to incline at a staggering 15.2% value CAGR, concluding at a valuation of US$ 11.6 Billion.
As business globally continue expanding in their scope of operations, the need for efficient and streamlined e-commerce platforms is aggrandizing across all verticals.
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Competitive Landscape
The market for cross border e-commerce appears to be majorly consolidated, characterized by the presence of a few prominent service providers. To cement their geographical presence, these players are relying on a multitude of growth strategies- ranging from collaborations with government entities to rebranding of existing portfolios and penetrating new markets. Some prominent developments are as follows:
- Since April 2022, Zonos has entered a contractual agreement with the U.S Postal Service to extend their international services by leveraging the company’s scalable technology to simplify international commerce. Zonos APIs will empower USPS services with new features to calculate duty and tax quotes. Furthermore, it will help automate HS code of classification for international shipments.
- In May 2021, Flow Commerce Inc. introduced a new visual identity to better support growth for cross border e-commerce. This rebranding initiative reflected the company’s position as a leading provider of flexible and frictionless cross border e-commerce experiences for international customers
- Anchanto Services Pvt. Ltd. penetrated the UAE market in May 2022 as an initiation to expand and solidify its position as a prominent e-commerce service provider across the Middle East. The company has partnered with Logistics Executive Group and opened an office to support expansion across the Arab world
Prominent Key Players Of The Cross Border E-Commerce Software Market Survey Report:
- Zonos
- Flow Commerce Inc.
- Glopal
- Anchanto Services Pvt. Ltd.
- OpenCommerce Group
- aCommerce
- WiseTech Global
- FedEx Corporation
- FlavorCloud
Key Segments Covered in the Cross Border E-Commerce Software Market Report
- Cross Border E-Commerce Software Market by Deployment :
- Cloud-based
- On-premises
- Cross Border E-Commerce Software Market by Application :
- Large Enterprises
- SMEs
- Cross Border E-Commerce Software Market by Region :
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
What insights does the Cross Border E-Commerce Software Market report provide to the readers?
- Cross Border E-Commerce Software fragmentation on the basis of product type, end use, and region.
- Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
- Collaborations, R&D projects, acquisitions, and product launches of each Cross Border E-Commerce Software player.
- Various regulations imposed by the governments on the consumption of Cross Border E-Commerce Software in detail.
- Impact of modern technologies, such as big data & analytics, artificial intelligence, and social media platforms on the global Cross Border E-Commerce Software.
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The report covers following Cross Border E-Commerce Software Market insights and assessment that are helpful for all participants involved in the Cross Border E-Commerce Software market:
- Data on recently introduced regulations and their impact on key industries and on demand in Cross Border E-Commerce Software
- Latest industry Analysis on Cross Border E-Commerce Software Market, with key analysis of market drivers, trends, and influencing factors
- Key trends Analysis of Cross Border E-Commerce Software Market and changing consumer preferences in major industries.
- Changing Cross Border E-Commerce Software demand and consumption of diverse products
- Major trends underlining funding by key investors in numerous countries
- New investment opportunities in diverse technology and product or service types
- Comprehensive data and Competitive analysis of Cross Border E-Commerce Software major players
- Cross Border E-Commerce Software Market sales in US will grow at a steady pace, driven by growing consumer confidence and economic recovery
- Cross Border E-Commerce Software demand forecast in Europe remains stable, as many countries such as UK, France, and Germany focus on boosting growth
Questionnaire answered in the Cross Border E-Commerce Software Market report include:
- How the market for Cross Border E-Commerce Software has grown?
- What is the present and future outlook of the global Cross Border E-Commerce Software on the basis of region?
- What are the challenges and opportunities for the Cross Border E-Commerce Software?
- Why the consumption of Cross Border E-Commerce Software highest in region?
- In which year segment is expected to overtake segment?
What makes Fact.MR report stand out from others?
- Fact.MR follows a six-point mechanism known as E.V.O.L.V.E. (Evaluate. Visualize. Overcome. Leverage. Verify. Eradicate.). The report is specially created to assess the COVID-19 impact on the Cross Border E-Commerce Software market. This mechanism focuses on almost all the factors in a definite manner to provide the best research report for the market stakeholders.
- Evaluate: A Fact.MR report evaluates every small aspect that can prove to be a growth generator for the Cross Border E-Commerce Software market, thus, making it different and special from other reports.
- Visualize: The authors involved in the research activities visualized the post-COVID-19 era so that the key stakeholders of market get an overview and helps them take certain steps to ensure continuous growth during the forecast period.
- Overcome: The report scrutinizes on points that can prove to be an Achilles heel to the Cross Border E-Commerce Software market and assists to create strategies to overcome the obstacles that may hinder the growth of the Cross Border E-Commerce Software market.
- Leverage: The Cross Border E-Commerce Software market can leverage certain aspects that can prove beneficial for the increase in growth rate. Fact.MR covers all the points on which the key stakeholders can leverage upon.
- Verify: Research is done systematically to assure validation of all the aspects covered in the report. All the points are rechecked and verified thoroughly to avoid flaws and fake information.
- Eradicate: Last but not the least, this aspect helps the key stakeholder eradicate all the obstacles that come between the growth rate and the Cross Border E-Commerce Software market.
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