Price Comparison Websites Market to Mask a CAGR of 15.5% by 2023
- by KD Market Insights
- March, 2021
According to research by
Price comparison websites are a vertical search engine that is prominently used among online shoppers. These websites show the comparison of price, features reviews and other criteria by using the filters used by shoppers. These websites are also known as comparison shopping website, price analysis tool, shopbot, and comparison-shopping engine. The major factor fostering the growth of the market is booming e-commerce industry across all regions. Many online retailers are offering price comparison solutions to their customers through these websites. Moreover, more and more use of this industry vertical also results in increasing e-commerce revenue.
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Price comparison websites market research provides a detailed analysis of its market and the reasons for the demand of the product. The report will cover all areas that are challenges faced in the market, key drivers, market size, current trends, and forecast projections. The report is segmented on the basis of type, form, and application.
Price comparison websites market is expected to grow during the consideration period due to the cost-effective solutions it provides to an individual. The report will include the forecast of 6 years which will show the current scenario of the market, competitors and the challenges faced in the market.
It includes the market overview for the period of 2018-2023 and for the better consideration the report is subdivided as BFSI, retail, travel & tourism, and others on the basis of type. The Geographical areas covered in this report are North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Russia, Spain and rest of Europe), Middle East & Africa(GCC, North Africa, South Africa and Rest of Middle East & Africa), Latin America(Argentina, Mexico, Brazil and Rest of Latin America). The report covers the leading trends in the market, insights and plan and policies adopted by the competitors in the market that can hamper the conditions of the market.
According to this report, the major market players on the competitive landscape are Google Shopping, NexTag, PriceGrabber, Shopping.com, Shopzilla, Esure Group Plc (Gocompare.com), MoneySuperMarket.com Group Plc, Zoopla Property Group (uSwitch), Admiral Group PLC (Confused.com), Other Major & Niche Players.
The aim of doing competitor analysis is to present a detailed strategic analysis of the company’s business and performance during the forecast period such as company overview, new product development, new innovative techniques and technologies adopted in the market either by the competitors or by the company itself. The threats and the opportunity available to the company in the market which helps them to prepare for the uncertain circumstances. Strength and weakness are also analyzed for the proper functioning of the company. The key facts, business strategy, revenue breakup by segment and by geography, risk analysis, marketing and distribution strategies, key product offerings, recent news (technology development, expansion, acquisition, research & development expansion, and other market activities. The timelines considered for analysis are 2017 as Base year, 2018 estimated year, 2019 to 2023 as the forecast period.
The report dives deeper by presenting executive summary, market drivers, trends, challenges, opportunities, the market size of the product, the macroeconomic indicators of the various countries, coverage of the industry players, the analysis on the basis of segmentation, activities have also been discussed to have a brief overlook about the market. The separate analysis of North America, Asia Pacific, Latin America, and Middle East & Africa has been made to understand the market clearly. It also provides the analysis of the area that has the highest demand of the product in the near future, the factors that can help in the growth of the market, and the market opportunities that are available to the market players to sustain in the market for the old as well as new players in the market. The strategies, plans, and policies adopted in the market by the market players and the new policy that should be executed in the market for the better customer and market reach.
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