Many large and growing businesses today put their trust in Magento software, as they know they will get rapid deployment and the lowest total cost of ownership in the industry.

1. Is Magento leading the eCommerce space?
Many large and growing businesses today put their trust in Magento software, as they
know they will get rapid deployment and the lowest total cost of ownership in the
industry. Moreover, ​Magento​’s great out­of­the box experience can provide them the
ultimate brand control, a high degree of flexibility, and a scalable, robust feature­set that
correspond to their mission­critical objectives.
This blog is an attempt to explore the reasons for Magento’s phenomenal success and
why Magento takes a leading position among ​e Commerce platforms​.
1. According to the ​2014 IR Top 500 Guide,​ Magento, along with IBM and Oracle, is one
of the three leading providers to the top e­retailers in Canada and the US. For mid
market merchants (those with $20 million to $75 million in annual sales online),
Magento products are now the top platforms for mid market merchants. Additionally,

2. from the 13 midmarket merchants that Magento had before, Magento grew on the list to
24 in 2014, overtaking Oracle in the top spot in this segment
2. According to Magento usage statistics provided by ​builtWith,​ more than 7,000 of the
top 1 million e­Commerce sites are using Magento platform.
3. According to the April 2014 ​e­Commerce Survey​ by Tom Robertshaw, Magento has
retained its leading position for the fourth consecutive year. According to the survey
results, it is likely that Magento remains the most popular platform on the market, with a
34 percent increase in online retail sites from last year.
4. Magento has increased penetration in key markets with a 45 percent share in
Australia, 42 percent share in the U.K, 30 percent share in France and a 26 percent
share in Germany. ​Source
5. By holding a stable ​26% ​of the market share of the e­Commerce market, Magento
has witnessed an increasing number of fashion, retail and other brands using their
software. Magento provides eCommerce solutions that let you customize the look, feel,
and functionality of your site to reflect your brand’s personality. Considering the
remarkable benefits of Magento, it’s easy to ascertain why major brands such as Vizio,
The North Face, Officemax Fred Perry, Harvey Nichols, Studio Moderna, Rebecca
Minkoff, Olympus and Samsung have embraced it for their e­Commerce requirements.
As you can see from the above stats, Magento is the leading open source eCommerce
platform. Magento has a leading position because it is the e­Commerce platform that is
designed from the ground up to be configured, extended and customized to meet each
business requirements, providing unique flexibility to create compelling brand
experiences that delight consumers and increase sales.