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Description
Global Price Comparison Websites Market:
The global price comparison website market is expected to be valued at US$ 2,948.7 million in market and growing at a CAGR of 4.4% over the forecast period by 2026. It has been estimated with a significant growth with the help of key drivers which include increase in smartphone users, increased internet penetration, increasing switching market, etc. There’s a resistant which may hamper the growth of global price comparison website market are issues related to reliability and trust, lack of knowledge, online frauds, delay in delivery time. The no network traffic while purchasing, large number of products available open up a lot of opportunity towards the global price comparison market.
Rising Awareness Among Consumers Regarding Purchases
It is noticed that the global market has a significant market growth rate on perspective of rising awareness among consumers regarding purchase in retail sector. Finding best prices can be time-consuming task, global price comparison websites can collect all data together at one place various choices while purchasing product, decide easily and save money. This is done by a mixture of information extraction, fuzzy logic and human labor. All these factors significantly boost the global price comparison website market.
Asia Pacific Dominates the Market Share in the Price Comparison Websites Market
Asia Pacific contributed major revenue followed by Europe and North America. In 2019, Asia Pacific region accounted huge growth rate and is anticipated to grow with a forecast year on the perspective of technology advancement and higher awareness among people. Europe led the second by online sales already account for 13% of the total UK economy, and it’s expected to increase to 15%. There is a huge contribution of comparison-shopping websites in the expansion of current E-commerce industry. North America lead grow in global market with leading market players
Competition Assessment
Key player’s profiles in the global include:
- Zoopla Property Group (uSwitch)
- Admiral Group Plc (Confused.com)
- com
- com Group Plc
- Coupons
- BizRate
- ShopAtHome
- SlickDeals
- NexTag
- Woo
Global Price Comparison Websites Market Report Description:
Global price comparison website market report gives comprehensive outlook on price comparison website market across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report on global price comparison website market gives historical, current, and future market sizes on the basis of components, application, end user and region. This report studies global price comparison website market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global price comparison website market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global price comparison website market.
Key Findings of the Report:
- Global price comparison website market expanding at significant CAGR over 2020 to 2026 owing due to rising awareness among consumers regarding purchases
- Based on region, Asia Pacific accounted for larger market revenue share in 2019 and projected gain market revenue share over the forecast period
- Players focusing on innovation of newer products and collaboration strategies to retain market position in global market.
Key Features of the Report:
- The report provides granular level information about the market size, regional market share, historic market (2015-2019) and forecast (2020-2026)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Detailed Segmentation
By Component
- Reliable Web Hosting Service
- Content Management System
- SEO Basics
- Analytics Tools
- Inventory Management
- Others
By Application
- BFSI
- Retail
- Travel & Tourism
- Household Appliances
- Digital Services
- Others
By Geography
North America
- USA
- Canada
Europe
- Germany
- France
- UK
- Italy
- Spain
- Russia
- Poland
- Rest of Europe
Asia-Pacific
- Japan
- China
- India
- Australia & New Zealand
- ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Argentina
- Venezuela
- Rest of Latin America
Middle East and Africa (MEA)
- Gulf Cooperation Council (GCC) Countries
- Israel
- South Africa
- Rest of MEA
Location
GEOGRAPHY
