The global price comparison websites (PCWs) market is expected to grow at a significant CAGR during the forecast period 2024-2031. The price comparison websites denoted as PCWs also referred to as comparison shopping websites. These are the websites that concluded as a vertical for consumers to compare the products via online mode including information of price, services, features, application reviews and other information. Thus, the PCWs also named price analysis tools, shopbots, comparison shopping agents or engines. This feature enables to elaborate the goods and services information from a variety of companies offering similar products with different prices.
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The rising adoption of smartphones and increased penetration rate of PCWs among industrial verticals are some market dynamics expected to drive the growth of the global price comparison websites (PCWs) market. The rising demand among consumers to analyze and evaluate the details of particular products to gain better outcomes is considered as the most dominant factor to escalate the market growth of the global price comparison websites (PCWs) market and induce exponential marketing opportunities during the forecast period.
The applications of price comparison websites to deliver enhanced comparison of the products by offering various details including efficiency, performance, service and price that flourish the need of customers. This application will be anticipated to encourage the consumer base and is projected to accelerate the market growth of the global price comparison websites (PCWs) market. The distinguished comparison of product information to purchase an eligible product with the best price enables the consumer to make a valuable decision regarding a specific product, whereas online tools that describe the details of new, refurbished and second-hand products drives the demand for price comparison websites. Thus, it will positively impact the market growth of the global price comparison websites (PCWs) Market during the forecast period.
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Market Coverage
- Segment Covered-
o By Type
o By Application
- Competitive Landscape- Google Shopping, Coupons, BizRate, ShopAtHome, SlickDeals.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Price Comparison Websites (PCWs) Market by Segment
By Type
o Retail Products
o Electronic Product
By Application
o Customers
o Retailers
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