Cross Border e-Commerce Software Market

Cross Border e-Commerce Software Market Outlook (2024 to 2034)

Revenue from cross border e-commerce software sales is forecast to reach US$ 3.6 billion in 2024, as stated in a recent Fact.MR industry research report. The global cross border e-commerce software market is analyzed to expand at a 15.2% CAGR and reach US$ 14.8 billion by the end of 2034.

High preference for online shopping, particularly among women, is contributing to the expansion of e-commerce platforms, which is generating demand for supportive facilities such as software. There is an increasing influence of social media platforms on individuals’ shopping habits. Several online retail channels offer a hassle-free shopping experience to end users and are offering features such as displaying a wide variety of products at affordable price points.

The advent of direct-to-consumer and private label-based business models is also creating remunerative opportunities for global market growth. These models enable organizations to collect and use consumer data, thereby ensuring personalized experiences and products for consumers.

A noteworthy increase in the demand for e-commerce software for international purchases is due to affordable costs, the unavailability of products on domestic platforms, and consumer-focused shopping facilities by some of the leading market players. These platforms provide several advantages for small & medium-scale enterprises to expand their businesses and reach global audiences. OEMs (original equipment manufacturers) should leverage opportunities created by the rising trend of purchasing products directly from producers, thereby relieving them from a complex chain of supply chain management.

• Demand for cross border e-commerce software in Japan is estimated to increase at a CAGR of 16.9% from 2024 to 2034.
• North America is forecast to account for 35% of the global market share by 2034.
• Worldwide demand for cross border e-commerce software for use in SMEs (small & medium-sized enterprises) is evaluated to accelerate at a CAGR of 14.8% and reach a market value of US$ 8 billion by the end of 2034.

Report Attribute	Detail
Cross Border e-Commerce Software Market Size (2024E)	US$ 3.6 Billion
Forecasted Market Value (2034F)	US$ 14.8 Billion
Global Market Growth Rate (2024 to 2034)	15.2% CAGR
Market Share of Cloud-based e-Commerce Software (2034F)	65%
East Asia Market Share (2034F)	25%
South Korea Market Growth Rate (2024 to 2034)	17.1% CAGR
Key Companies Profiled	aCommerce; Zonos; FlavorCloud; Jagged Peak; Flow Commerce Inc.; Amazon.com; FedEx Corporation; Anchanto Services Pvt. Ltd.; WiseTech Global; OpenCommerce Group; AirBridgeCargo Ltd.; Ebay Inc.; Vipshop Inc.; JD.com; Asos Inc.

What’s Pushing Global Demand for Cross Border e-Commerce Software?

“Increasing Digital Adoption Index Around the World”

For the measurement of digital adoption across countries, the digital adoption index is widely used. Three economic dimensions, such as business, people, and government are key parameters of this digital index. Digital technologies offer connectedness and efficiency to organizations and help them survive across regions with the growing prevalence of technology. Global market players are using digital transformation to increase their footprints across regions.

“High Use of Tablets and Smartphones by Millennials”

Increasing penetration of budget smartphones is one of the pivotal factors contributing to the expansion of the e-commerce market. A noteworthy population either uses tablets or smartphones for their purchases. Services, products, and platforms are some of the categories of cross border e-Commerce software. Credit/debit cards, internet banking, and digital wallets are some of the payment methods used by consumers in e-commerce shopping.

Which Factors are Limiting Expansion of the Cross Border e-Commerce Software Market Size?

“Complexity in Supply Chain Management and Logistics”

Although cross border e-commerce software landscape is exhibiting tremendous potential, there are certain challenges hampering market growth. Challenges related to supply chain management and logistics are creating issues for market players. The constant threat of counterfeit products, geographical constraints, inconvenient returns, and delivery glitches are also adversely impacting market growth.

What Should New Companies Do to Increase Their Market Presence?

“Focus on Technological Advancements in e-Commerce Software”

Startups are actively emphasizing innovations and advancements in trade facilities. They are using ML and AI technologies to get access to consumer data, behavior, and preferences while providing end users with more personalized offers and recommendations. Startups should use AI algorithms for product suggestions based on consumers’ history, which are further positively impacting cross border e-Commerce software market trends.

Country-wise Insights

As mentioned in the report published by Fact.MR, a market research and competitive intelligence provider, North America is projected to possess a 35% share of the global market by the end of 2034. Trade liberalization, minimized cross-line trade formalities, and the development of the retail industry are contributing to cross border e-commerce software market growth in the region.

How is the Market for Cross Border e-Commerce Software Shaping Up in the United States?

“Flourishing e-Commerce Ecosystem and Rising Cross-border Purchases”

Attribute	United States
Market Value (2024E)	US$ 1 Billion
Growth Rate (2024 to 2034)	13.9% CAGR
Projected Value (2034F)	US$ 3.6 Billion

The United States is forecast to account for 70% share of the market in North America by 2034. Flourishing e-Commerce ecosystem is driving demand for software for its effective operation. Several market players, such as Flow Commerce Inc. and others, are prominent service providers offering services in e-commerce software used primarily for international purchases. Flow Commerce Inc. is aiming to strengthen its position through collaboration with some renowned brands, such as Marc Jacobs, Versace, Marks & Spencer, and others.

Why is China a Lucrative Market in This Business?

“High Development of e-Commerce Channels”

Attribute	China
Market Value (2024E)	US$ 387.3 Million
Growth Rate (2024 to 2034)	16.3% CAGR
Projected Value (2034F)	US$ 1.8 Billion

China is evaluated to contribute 47.5% share of East Asian market revenue by the end of 2034. Cross-border e-commerce channels are offering unprecedented access to products on the market. Constant improvements in policies and delivery models are permitting D2C (direct-to-consumer) cross-border transactions and exemption in some specific services and goods from stringent registration processes.

Why is Demand for Cross Border e-Commerce Software Soaring in Japan?

“Supportive Government Policies in the Country”

Attribute	Japan
Market Value (2024E)	US$ 228.9 Million
Growth Rate (2024 to 2034)	16.9% CAGR
Projected Value (2034F)	US$ 1.1 Billion

Japan is projected to hold 29.4% share of the market in East Asia by 2034. The government in Japan is making several efforts including the launch of policies to support demand for cross-border shopping software. These policies allow interoperability among instruments used for prepaid payments, such as digital wallets, top-up cards, and prepaid cash coupons.

Category-wise Insights

Business-to-business platforms used prominently in e-commerce are supporting more organizations by improving effectiveness and reducing costs by transforming labor-intensive platforms into automatic ones. These services are helping more businesses propose customer self-service options.

Why Has Cloud-based Cross Border e-Commerce Software Gained Immense Popularity?

“Growing Volume of Online Trade Activities Driving Demand for e-Commerce Software for Smooth Operation”

Attribute	Cloud-based
Segment Value (2024E)	US$ 2.2 Billion
Growth Rate (2024 to 2034)	15.7% CAGR
Projected Value (2034F)	US$ 9.6 Billion

Cloud-based cross border e-commerce software is estimated to capture a 65% share of the global market by the end of 2034, as revealed in the Fact.MR report. The rising volume of online trade activities is generating demand for on-cloud e-commerce software. The active involvement of some of the leading market players in product innovations is widening the application scope of these services.

For instance :

• Cadence Design Systems Inc., on June 8, 2022, came up with its new e-commerce and OnCloud SaaS platform. It is specifically designed for companies working with a ‘cloud-first’ approach and offers instant access to services with a more secure online experience, including ACH purchasing options and credit cards.

Why is Demand for Cross Border e-Commerce Software High in SMEs?

“Comparatively Lower Operational Costs of e-Commerce Services”

Attribute	SMEs
Segment Value (2024E)	US$ 2.02 Billion
Growth Rate (2024 to 2034)	14.8% CAGR
Projected Value (2034F)	US$ 8 Billion

SMEs are calculated to occupy 54% of the cross border e-Commerce software market share by the end of 2034. A reduced operational cost of these e-Commerce services is one of the prominent factors responsible for their increased use in small & medium-sized enterprises. Compared to conventional business operations, it is easy to run an online business as it requires fewer employees, less physical space, and lower overhead costs.

Competitive Landscape

Some of the key players in the cross border e-commerce software industry are depending on several growth strategies, ranging from rebranding existing portfolios, agreements, and new product launches to collaborating with government entities to expand their reach.

For instance:

• Anchanto Services Pvt. Ltd., in May 2022, entered the UAE market with the objective of expanding and strengthening its position as one of the leading service providers of cross border e-commerce software in the region. The company established a partnership with the Logistics Executive Group and started an office to support its expansion plans.
• Zonos, in April 2022, signed an agreement with the U.S. Postal Service to extend their global services by leveraging scalable technology to simplify their international commerce. Zonos APIs will help USPS empower services with novel features for calculating tax and duty quotes. This agreement will also help automate the international shipment process.
• Flow Commerce Inc., in May 2021, came up with a new visual identity to support growth in cross border e-commerce. This initiative helped the company secure its position as one of the prominent providers of frictionless and flexible cross border e-Commerce experiences for global consumers.

Fact.MR provides detailed information about the price points of key providers of cross border e-commerce software positioned across the world, sales growth, production capacity, and speculative technological expansion, in this recently updated market report.

Segmentation of Cross Border e-Commerce Software Market Research

• By Deployment :

  • Cloud-based
  • On-premise

• By Platform :

  • Business-to-Business
  • Business-to-Consumer
  • Consumer-to-Consumer

• By Organization Size :

  • SMEs
  • Large Enterprises

• By Category :

  • Consumer Electronics
  • Home Furnishing
  • Food & Beverages
  • Apparel & Accessories
  • Personal Care & Beauty
  • Footwear
  • Healthcare & Nutrition

• By Region :

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • East Asia
  • South Asia & Pacific
  • MEA