Magento Is the 2012's Leader in E-Commerce

Hicksville, New York (PressExposure) April 10, 2012 -- It has been a remarkable achievement for Magneto to rank among the top e-commerce platform in just 4 years. The survey shows that 20% of all eCommerce sites in the Alexa 1 Million are using Magento, which is the highest share than any other eCommerce development platform.

This year's eCommerce survey found 33,632 sites in the Alexa Top 1 Million. The survey was done by analyzing the HTML document against a set of rules which detected the use of any one of 40 different eCommerce platforms. Magento was found to be the most popular platform amongst all other e-commerce platforms. Out of the 33,632 sites; 6,795 sites use Magneto which accounts for 20% of the top e-commerce sites found. The growth rate of around 21% in last 4 months alone shows the popularity that this platform has been getting in the field of e-commerce.

With the broad scope of expansion that Magento offers more and more merchants have started preferring Magento and as a result this growth rate is estimated to be increasing in the latter half of this year. Moreover, with the launch of Magneto Go we will be able to see many more e-commerce websites being launched on Magneto platform. However on the contrary, these sites would surely take time to improve their rankings but this hosted Magento solution has surely caused a revolution by targeting the small business which often preferred other e-commerce platform before Magento Go was launched.

Mr. Kalyan, the Sr. Market analyst of OpenXcell Technolabs says "As a Magento Bronze solution partner we are happy to look at this statistics which are proving to yield great returns for the whole Magento family which includes the merchants, developers, Magento Inc and its partners."

OpenXcell Technolabs is a certified Magento Bronze solution partner and an ISO 9001:2008 certified premier web development company specializing in providing customized e-commerce websites with magento for enterprises. Their focus on quality solutions and wide expertise in the e-commerce domain has made them the most preferable Magneto outsourcing company in India. OpenXcell is also a Magento Go Pro partner and helps the small businesses to initiate their online business by launching their e-stores on Magento Go platform.

About Web & Mobile App Development Company

OpenXcell Technolabs provides complete range of magento e-commerce development services. The company offers hire magento developer services at reasonable price. Visit to know more about the company and its services.

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Press Release Submitted On: April 10, 2012 at 1:28 am
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