Mountain View, CA (PRWEB) September 25, 2012
The ecommerce software solution market is highly fragmented, according to a summary report released today of a study conducted in August by Lexity, the developer of the web-based App platform for ecommerce, and infoAnalytica, a market research and technology consulting company. The results from the Lexity and infoAnalytica study confirmed a very highly fragmented ecommerce solutions market, with the vast majority of companies holding less than three percent market share and only two companies (Magento and Yahoo! Small Business) capturing even a 10 percent share of the market.
The study looked at the top one million sites by traffic on the Internet and the findings showed: