Our strong expertise in information technology domain and grasp over latest technologies have helped us develop interesting solutions for the dynamic ecommerce and IT industry. We have developed customized solutions, ecommerce websites and portals from scratch, helping businesses scale, efficiently.
The global technology industry is one of the fastest-growing industries in the world and is estimated to reach $5.2 trillion in 2021, according to industry estimates. The industry is primarily driven by the growth of the Internet of Things (IoT), cloud computing, and artificial intelligence, which generated an estimated $1.9 trillion in revenue by 2020. The Asia-Pacific region is the largest market for IT & eCommerce, accounting for around 37% of the global market share.
As far as IT & eCommerce in India is concerned, note that it is the second-largest market for IT & eCommerce in the world, and reached a market size of $136.7 billion in the last few years. The industry is expected to reach $228.2 billion in 2025, growing at a CAGR of 11.1% during 2020-2025.
Sectors that come under IT & eCommerce Industry
The IT (Information Technology) and ecommerce industry includes several sectors such as:
Software development and engineering
The global software development services market size is expected to reach $532.42 billion by 2026, growing at a CAGR of 8.5% during the forecast period.
Web and mobile application development
The global mobile application market size was valued at $365 billion in 2019 and is expected to reach $935 billion by 2027, growing at a CAGR of 12.1% during the forecast period.
Cloud computing
The global cloud computing market size was valued at $371.4 billion in 2020 and is expected to reach $988.2 billion by 2025, growing at a CAGR of 21.3% during the forecast period.
Data analytics and management
The global big data analytics market size was valued at $33.7 billion in 2019 and is expected to reach $190.4 billion by 2025, growing at a CAGR of 29.8% during the forecast period.
Artificial Intelligence and Machine Learning
The global artificial intelligence market size was valued at $16.06 billion in 2018 and is expected to reach $190.61 billion by 2025, growing at a CAGR of 36.5% during the forecast period.
E-commerce platforms and marketplaces
The global e-commerce market size was valued at $4.9 trillion in 2020 and is expected to reach $6.5 trillion by 2023, growing at a CAGR of 10.9% during the forecast period.
Payment gateway and financial technology (FinTech)
The global fintech market size was valued at $127.66 billion in 2020 and is expected to reach $309.98 billion by 2025, growing at a CAGR of 19.3% during the forecast period.
Stay ahead in the dynamic IT & Ecommerce sector with the latest advancements in mobile app development. At Nichetech, we specialize in creating robust, user-friendly, and feature-rich apps that cater to the evolving needs of businesses and consumers in the digital marketplace.
1. Artificial Intelligence (AI) and Machine Learning (ML) for Personalization:
AI-powered Product Recommendations: E-commerce apps are leveraging AI to recommend products to users based on their purchase history, browsing behavior, and search patterns, resulting in a more personalized shopping experience.
Smart Chatbots for Enhanced Customer Service: AI-powered chatbots can answer customer queries instantly, offer product recommendations, and resolve basic issues within the app, improving customer service efficiency.
Dynamic Pricing Optimization: E-commerce apps are utilizing machine learning to adjust product prices in real-time based on demand, competition, and user behavior, maximizing revenue opportunities.
2. Augmented Reality (AR) and Virtual Reality (VR) for Immersive Experiences:
Virtual Try-on Experiences: AR technology allows users to virtually try on clothes, makeup, or accessories before purchasing, leading to more informed decisions and reducing returns.
AR Product Visualization in Homes: E-commerce apps can integrate AR features that allow users to visualize furniture, appliances, or décor items in their own homes before buying, ensuring a better fit and reducing purchase regrets.
VR Showroom Experiences: Some e-commerce apps are exploring VR showrooms, allowing users to virtually explore curated product collections and interact with items in a realistic setting.
3. The Rise of Social Commerce and Livestream Shopping:
Social Media Integration for Seamless Shopping: E-commerce apps are integrating with social media platforms, enabling users to discover products, view influencer reviews, and make purchases directly from social media feeds.
Livestream Shopping Events with Interactive Features: The popularity of live shopping experiences continues. E-commerce apps are offering interactive features within livestreams, where viewers can ask questions, participate in polls, and purchase products in real-time.
Community Building and User-generated Content: Apps are fostering social communities where users can share reviews, photos, and styling tips, building trust and encouraging user-generated content that influences purchase decisions.
4. Voice Commerce:
Voice Search and Ordering: Integrate voice recognition technology to allow users to search for products and place orders using voice commands, making shopping more convenient.
Smart Assistant Integration: Enable seamless integration with smart assistants like Amazon Alexa and Google Assistant for hands-free shopping experiences.
5. Focus on Secure and Frictionless Payments:
Integration of Mobile Wallets and Digital Payment Options: Seamless integration with mobile wallets like Apple Pay and Google Pay, along with one-click payment options, facilitates faster and more convenient checkouts.
Tokenization for Enhanced Security: E-commerce apps are increasingly adopting tokenization technologies to store payment information securely, reducing the risk of data breaches and fraudulent transactions.
3D Secure Authentication for Secure Online Transactions: Utilizing 3D Secure protocols for additional verification during online payments adds an extra layer of security, protecting users from unauthorized transactions.
6. Evolving Delivery Options and Supply Chain Optimization:
Real-time Order Tracking and Visibility: E-commerce apps offer real-time tracking of orders, allowing users to see the location of their packages and estimated delivery times.
Same-day Delivery and On-demand Services: Some e-commerce apps are partnering with delivery services to offer same-day delivery options or on-demand fulfillment solutions, catering to users who value fast and convenient delivery options.
Leveraging AI for Optimized Inventory Management: AI algorithms can analyze sales data and predict demand trends, assisting e-commerce businesses in optimizing inventory levels and reducing stockouts, ensuring product availability and efficient fulfillment processes.
7. Progressive Web Apps (PWAs):
Fast and Reliable: Develop PWAs that offer the speed and reliability of native apps with the accessibility of web applications, providing a seamless user experience across all devices.
Offline Functionality: Ensure that users can browse products and access essential features even without an internet connection, enhancing usability.
Why Choose Nichetech?
At Nichetech, we combine cutting-edge technology with industry expertise to deliver IT and Ecommerce app solutions that drive growth and enhance user satisfaction. Our tailored approach ensures that each app we develop meets the specific needs of your business and customers.
Leverage the latest in mobile technology with Nichetech's innovative IT and Ecommerce app development services. By understanding and implementing these latest trends, IT and E-commerce companies can develop cutting-edge mobile apps that elevate the customer experience, personalize shopping journeys, and create a competitive edge in the ever-evolving digital marketplace.
I received timely and thoughtful work at all stages - scope, wireframe, build, and post-launch updates. All for the costs scoped. Will be using the NT team again.
CEO of NowArchive, USA
Been almost 8 years since we started using the services of Nichetech computer solutions. They are proactive in their approach to provide new digital solutions and simultaneously help us resolve any issues on priority.
Founder of Gifttouch, Gujarat, India
SIHL is associated with NicheTech from last 5 years... Nichetech Team is very professional in everything they do for our software requirement. They have customized everything which we need in our web application and mobile application. They are always ready to take new challanges & thier response time to any query is very less...:)
CTO of SIHL, Gujarat, India
I am professionally attached with Nichetech in capacity of CA since inception of the company. I work with founders very closely, I can definitely say that you can rely on these founders, they are professionals to the utmost extent 👍
Chartered Accountant, Gujarat, India
We have been associated with Nichetech from Day 1 of our business and they are the best Digital Strategists one could ask for! The insight and experience of the founders and a very agile and dynamic team make a very good combination for clients! If you are looking for a one-stop solution for Digital marketing-strategy and IT support for your business-This is the place to go!Cheers Team Niche Tech-Keep soaring higher!:)
Chief Pathologist, Gujarat, India
As a Founder I need a tech dev team who can hustle, but not sacrifice the quality of work. Nichetech worked hard on my MVP and if I pointed out issues, were quick to address them.
Founder of Noww Social, USA
We wanted to create POS (Point of Sale) system for Food industry Franchise, who has almost 900 stores through out the world. System was built for web and mobile version. NicheTech have great experience in building consumer product as they have great graphics skills, so it was very easy to use for customer. Combination of web and mobile expertise from NicheTech helped us to build entire solution in very reasonable time.
IT Director at Maple - US
Victoria village childcare System is used for all our center through out Canada. We are very pleased with the system they have created in .Net environment. Though system was created almost 9 years ago, it is working perfectly and we have scaled it well. Support from NicheTech and their staff is excellent and of course it goes without saying that we will continue working with them.
President & CEO of Victoria Village Child Care - Canada
We been very pleased with NicheTech service and support for all our projects. We have started their service with very small project and today they are our preferred vendor and journey has been excellent and we will will continue with NicheTech in times to come.
CEO of Wajabaty, Kuwait
Collebra is Top Notch staffing company having 70+ office across globe and always require information on FingerTip. NicheTech has helped us in making ios and android application which is used by every employee. NicheTech have great process to cater company like Collabera, which is honoured to have earned a spot on Forbes List of America’s Best professional Recruiting Firm. We would continue working with NicheTech.
CTO of collabera - USA
Their technical strengths is admirable. With only one person working from our side, and team working at offshore, we were able to migrate whole system including data migration successfully. Through out USA, our agents are using system successfully and we are very pleased with their proficiency service.
President of Debt Helper - USA
They are with us from concept to reality . At every stage of SDLC, we were quite amazed with their technical capability and product was built on MVC platform at very early stage of MVC launch. NicheTech really believes in.
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