This ecommerce platforms comparison by market share and region will help you choose the best ecommerce platform for your online business in Singapore!
At the core of every ecommerce business and online store lies a platform that powers and improves the brand. Since there are a lot of ecommerce solutions to choose from, the question becomes essential because of the impact on the future of the online business.
To help you decide, we have done an ecommerce platforms comparison and we have included the most popular ecommerce platforms. We believe that this data would prove to be an important step in choosing the right ecommerce platform for your online business in Singapore.
The top ecommerce platforms by market share are WooCommerce, Shopify, Magento, and BigCommerce.
WooCommerce has about 11% market share in the global ecommerce industry, mainly because it is a free plugin for WordPress.
Shopify is the second largest ecommerce platform. It powers more than 500.000 online stores and the majority of users use Shopify because of its simple interface.
Magento is the third biggest ecommerce platform. This is an open-source ecommerce solution and comes with tools for monitoring, analytics, and conversion optimization.
BigCommerce is a relatively new player in the industry, however, it is a great choice for your online store.
When it comes to the top ecommerce platforms by region, the US-based businesses choose Shopify, Wix, SquareSpace, OpenCart, Weebly, Magento, and PrestaShop. Shopify, Wix, and Weebly are SaaS ecommerce solutions while Magento, OpenCart, PrestaShop, and ZenCart are open-source solutions that allow store owners to fully customize the look and feel of the online store.
In the UK, Zen Cart is the most popular ecommerce solution, followed by Wix, OpenCart, Magento, and Shopify.
Asia is an emerging market for ecommerce solutions. In Hong Kong, the most popular ecommerce solution is OpenCart, followed by Wix, Magento, Shopify, and BigCommerce. In Japan, MakeShop is on the top, in India, OpenCart is the most popular ecommerce platform and it is closely followed by Shopify and Magento. In Singapore, Shopify is without a doubt the ultimate winner, followed by OpenCart, Magento, Wix, and PrestaShop.
Every platform has its own pros and cons. Before choosing which platform are you going to use, you should carefully analyze the business goals, strategy, and growth projections.