DoNanza, the leading freelance projects and work-from-home search engine released its Q1 2011 Market Trends Report Analyzing the Rivalry between E-Commerce Platforms in the SMB Space. The report disclosed interesting details about the market of E-Commerce and the rivals within it.

DoNanza data revealed that in the first quarter of this year there was a 27 percent boost in the overall number of E-Commerce open source projects. E-Commerce platforms are utilized to support and develop the E-Commerce requirements of online traders.

“In the freelance world, most projects are for the Small and Mid-Sized Segment, where we’ve seen significant growth in demand,” states Liran Kotzer CEO of DoNanza. Main E-Commerce Platforms Conclusions in the DoNanza Universe are:

As calculated by recent E-Commerce projects of freelance, Magento in front of the market with 43% of opens source projects, with osCommerce a diverse number two with a share of 20%. The leading 7 E-Commerce Platforms by Project Numbers are Magento, osCommerce, Virtuemart, zen cart, PrestaShop, Volusion as well as X-cart; in terms of need for professionals, Magento is superior.

“Based on our online freelance project data, both Magento and osCommerce lead the market due to being php-based, and increasingly, their open environment. When there are many third party developer solutions, projects are simpler since freelancers can address most customer requirements without developing from scratch,” Kotzer stated.

Demand of E-Commerce Developer Keeps Increasing

ooking at development in terms of quantity of projects compare to the earlier quarter, Volusion, that has a quite small market share, is experience explosive growth, evaluated to the preceding quarter, at 70%. Virtuemart and Prestashop also experienced explosive increase, at 41% and 53%. “During the last year, we've seen project demand expanding from US-based projects to Europe and Japan”, stated Kotzer. “In Europe, the United Kingdom has the most E-Commerce projects and Germany has the highest growth rate for e-commerce projects,” Kotzer added.