How many e-commerce companies are there? What’s the global e-commerce market size?
Ashwini Murthy, 5th Oct 2017
PipeCandy tracks 100s of 1000s of Magento stores for eCommerce specific insights like web sales, shipping volume and more.
As one of the most popular open source eCommerce platform around the world, Magento has over 250,000 stores on their platform. Known for its customizing options, flexibility, extensions and easy third-party integrations, the number of Magento stores have been increasing year on year.
of all eCommerce websites are powered by Magento.
is handled every year by Magento in transactions.
mobile shoppers estimated on Magento in 2019
A list of top Magento stores is available in PipeCandy’s data intelligence platform. These companies are tracked continuously for eCommerce insights like web sales, traffic, shipping volume, company news and about 40 more. Identify the right Magento stores to reach out to.
PipeCandy has access to actual market data from top Shopify stores which is used by our analytical models to get accurate estimates.
PipeCandy also partners with several data providers for specific insights in order to give you a complete view of each Magento store for detailed analysis.
NLP models from PipeCandy analyze and get insights from press releases, news articles and other mentions of these stores from around the internet.
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Adobe agreed to buy Magento in May 2018 to add the latter to spearhead its new line up of enterprise software. This led to a shift with Magento Enterprise getting a big push, ready to punch higher and take on Shopify. Although Shopify is already taking on bigger opponents, the news of this buyout was enough to make NYSE:SHOP slip 4% in a day.
More than 10 years after launch, one of Magento’s biggest draws is the marketplace for extensions. For developers and merchants alike, Magento extensions were able to solve any and every problem the merchants faced. The several customization options allowed them to seamlessly add extensions to their store. The acquisition by Adobe might be seeing a move to enterprise, but extensions are definitely here to stay. We did a similar report on the Shopify app store which can be purchased below.
Including the list of top Magento stores, PipeCandy tracks the Magento platform and its marketplace for insights on the platform and the opportunities offered.
extensions are available in the Magento Marketplace
of all Magento extensions are free to use.
extensions were made by leading developer AheadWorks
As with their competitor Shopify, the largest selling category on Magento is Fashion. However, unlike Shopify, Magento offers several features which are geared for Lifestyle and Fashion eCommerce companies. Multi-store options, visual merchandising and social media integrations allow fashion Magento stores to give great experiences to their customers.
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