Magento is one of the most popular e-commerce platforms in the world, and it continues to grow. Given that it was purchased by Adobe in May 2018, there is a good possibility that it will be loaded with many extremely effective features. A significant effect on the global e-commerce market is expected to be made by 2021 and beyond as a consequence of this development. Security, on the other hand, is a major issue. According to a study published in November 2019, over 78 percent of Magento websites in a variety of nations are at high risk of being targeted by hackers. Do you think the company’s security system will be significantly improved in the future years?
Will it be able to compete with the other e-commerce platforms on an equal footing in 2021 and beyond? Considering the future of eCommerce, should you continue to depend on Magento or explore other options? You will discover the answers to all of these questions right here on our website.
Making a decision on the best platform for your online shop needs some foresight, as it should be a three-year investment at the very least. Magento is one of the most popular options. You want to be certain that the business and platform with which you are collaborating will be able to sustain your site for the foreseeable future.
However, although nobody can foresee the future, there are certain patterns that may lead you in the direction of what you should do.
Your job prospects in the area of Magento application development company are very promising, thanks to the increasing number of online portals being launched throughout India. In order to be successful, you must have a firm grasp of the PHP programming language as well as the Magento framework.
So, is Magento still the undisputed leader in the eCommerce world?
Magento is huge in a variety of ways, and it is expected to become much larger with Adobe’s support. It does, however, depend on how you choose to look at it. When we look at platform use over a large number of websites, we can see that Shopify and Magento have approximately the same proportion of the top 100K websites on the internet when we compare the two. However, when it comes to general popularity, Google Trends shows that Shopify continues to lead total searches for eCommerce platform keywords, as it has for the last several years, according to the company.
Is Magento 2 still the most technologically sophisticated Open-Source solution?
In today’s world, there are many Open-Source alternatives, and depending on the nature of your company’s industry – B2B or B2C – there may be other platforms that may offer the functionality you need. Also available are newer and fancier systems, but they lack the strong and active development community that Magento provides.
Some Magento challenges in 2021
- Turning into a Paid Product
In 2021, there will be several difficulties for Magento, including the transition from a free product to a paid one. Since Adobe acquired Magento, many individuals have expressed concern about the shift in Magento’s payment system. Several rumors have circulated about Adobe’s plans to turn the e-commerce platform into a paid product. A lot of industry analysts believe it will be incorporated in Adobe’s Experience Cloud, which is an all-in-one enterprise business software solution. If this occurs, you will be required to pay a fee in order to continue using Magento.
Magento, on the other hand, is still an open-source project. As a result, it is available to everyone at no charge. Because Adobe has committed to provide maintenance for Magento 1 until June 2021, there is no chance that the e-commerce platform will become a paid product in the near future.
- Increased Competition
In 2019, Magento ranked as the world’s second-biggest e-commerce platform, accounting for 9 percent of the global market. However, Shopify surpassed it in terms of market share in 2020. A significant number of users made the move to Shopify in order to benefit from its simpler features.
Magento, on the other hand, remains the undisputed king of modifications. Shopify is still a long way behind the competition in this area. Despite this, more and more people are opting for it. In order to withstand the strong competition in 2021, Magento will have to concentrate on making the current features considerably simpler to use.
- The security of the system
There have been many security problems in the past few months. In October 2021, the Magecart cyber gang targeted two dozen unpatched vulnerabilities identified in third-party Magento plugins, according to the FBI’s Internet Crime Report. When it came to breaching numerous stores, they used a variety of methods, including attacking the Hypertext Pre-processor (PHP) vulnerabilities of the extensions.
Magento Commerce experiences a renaissance
Because Magento 2 and, particularly, its enterprise-focused counterpart, Magento Commerce, are experiencing a renaissance, the creation of Magento websites is experiencing a similar renaissance. In the near future, it will completely replace Magento 1 as the primary eCommerce platform.
In this instance, it isn’t simply about making incremental improvements; rather, it is about providing a superior product—one that assists Magento developers in providing a better user experience to both consumers and administrators. The beginning of the silent revolution has started!
