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Description
Price Comparison Websites Market size was expected to be valued at USD 2,948.7 million in 2021 market and growing at a CAGR of 4.4% over the forecast period by 2028. 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. A price comparison website, also known as a comparison shopping website, a comparison shopping agent, a price analysis tool, or a comparison shopping platform, is a website where a user may compare products using filters such as features, reviews, price, and other factors. Price comparison websites are online platforms that combine all information on a product so that the user does not have to visit multiple websites to compare products. The global price comparison websites market is predicted to develop due to the various benefits offered by price comparison websites to consumers and suppliers, such as convenience for customers and new prospective customers for suppliers to tap into.
