Sep 01, 2021 (Heraldkeepers) -- Adobe provides various services in digital media, publishing, and advertising. Recently, Adobe’s market share has seen a significant increase in 2021 after it acquired Magento. This news has been a highlight for Magento development companies. Let’s look further into it.
Magento was the second-largest E-Commerce platform back in 2017, with a market share of 9%. The following year, Magento lost the position to Shopify. However, after Adobe acquired Magento in 2018, the market share increased to 13%. Not only that, but this step has also resulted in the creation of various products with high potential--for instance, the PWA Studio and the developer tool kit. Adobe has a majorly advanced ecosystem, which will help Magento fight with its competitors and other E-Commerce platforms on the market.
Many successful organizations all over the globe prefer Magento over other platforms, and the results are fruitful. If you want to open your online store, it will be best to choose Magento and hire certified Magento developers.
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Originally Published By : www.marketwatch.com