Magento Roadmap: What to Expect in 2024?

In 2024, Magento is stepping up its game in the e-commerce world, which is booming like never before! Did you know that global e-commerce sales are expected to hit a staggering $3,647 billion this year? That’s a clear sign of how vital platforms like Magento are. Magento’s roadmap is all about harnessing this growth, with a focus on seamless, user-friendly experiences and innovative features.

Get ready for an exciting year where Magento is not just part of the e-commerce story, but a key player shaping its future. Stay tuned as we dive into what Magento roadmap has in store for us!

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About Magento

Magento is an open-source e-commerce platform written in PHP. It’s widely recognized for its robustness, scalability, and flexibility, making it a popular choice for businesses of all sizes to build and manage their online stores. Magento offers powerful tools for catalog management, search engine optimization, and marketing, allowing merchants to create customized online shopping experiences.

Magento supports sellers with many different business goals:

• Online Retail Stores: The primary use of Magento is for creating and managing online retail stores, offering features such as catalog management, shopping cart systems, and checkout processes.
• Customized E-Commerce Experiences: Magento allows for the creation of highly customized e-commerce experiences, tailored to the specific needs and branding of a business.
• Multi-Channel Commerce: Businesses use Magento to manage multiple sales channels (like online, mobile, and in-store) from a single platform.
• Global Expansion: Magento supports multiple languages and currencies, making it suitable for businesses aiming for international expansion.

Magento provides two main license types: Magento Open Source, a free, community-supported version ideal for small to medium businesses, and Magento Commerce (Adobe Commerce), a premium, paid version for large enterprises with advanced features and enhanced performance, including a cloud-hosted option in Magento Commerce Cloud.

Read more: Magento Open Source vs Adobe Commerce – Make the Right Business Choice

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Magento Roadmap 2024: Release Schedule

As we step into 2024, Magento is poised to roll out a series of updates and enhancements that promise to redefine the e-commerce experience. The following schedule outlines the planned releases for Magento in 2024, offering insights into the exciting new features and improvements slated for the platform.

In 2024, Magento roadmap underscores a commitment to continual improvement, with a particular focus on enhancing performance, security, and extensibility. Moreover, the focus on extensibility and B2B capabilities aligns Magento with the latest e-commerce trends, particularly the shift towards more flexible, service-oriented solutions.

Magento 2.4.7 Preview

The upcoming launch of Adobe Commerce 2.4.7 in April 2024 marks a major release aimed at enhancing performance, security, and platform capabilities. This version comes with an extended 3-year support window as well.

Key features include:

• Component Upgrades – Updates core libraries and dependencies like jQuery, PHP, and NPM
• Platform Enhancements – Improved security and compatibility with latest software versions
• Security and Compliance – New measures for payment data security and rate limiting
• Infrastructure Improvements – Faster performance and caching optimizations
• Scalability Enhancements – Support for large catalog configurations and import efficiency
• Sales Rules Optimization – Better efficiency for stores with numerous active sales rules
• Long Term Support – Expanded 3-year timeframe for ongoing support and maintenance

The upgrades span across critical areas of the platform to deliver a faster, more secure and full-featured commerce engine ready for ambitious shopping experiences.

B2B Features

Magento continues to enhance its robust B2B ecommerce capabilities in 2024. This year sees several new features that give business buyers more flexibility and control over the purchasing process.

• Company Websites – Business customers can now manage their own customized company storefronts, with assigned catalogs and pricing
• Shared Catalogs – Enhanced functionality for creating and assigning curated B2B catalogs with custom pricing
• B2B Quotes – Allows company buyers to submit quote requests from their shopping carts
• Quick Order – Lets customers quickly order items by SKU or product name
• Requisition Lists – Enables company buyers to create and manage lists of items to be ordered
• Shipping Methods – More control over available shipping options for company accounts
• Payment Methods – Manage default payment methods at the website level
• Purchase Orders – Companies can enable purchase orders with optional approval workflows

The key highlights here are the new capabilities like company sites, requisition lists, and streamlined reordering with Quick Order. The other features build on existing B2B functionality by providing more customization and control for business buyers.

Extensibility

Magento continues to invest in new capabilities that make it easier for developers to extend and customize the platform. 2024 brings several key innovations in out-of-process extensibility using Adobe’s App Builder framework and other services.

• App Developer Guide – Resources for transitioning from PHP extensions to cloud apps
• Events & Webhooks – Enable real-time data sync with external systems.
• Admin UI SDK – Extend backend with custom menus, pages, and configs.
• Reference App – Example app showcasing extensibility best practices.
• Adobe I/O Events – Integrate with external APIs and services.
• API Mesh – Unified interface for third party integrations.
• Faster Customization – New toolkit enables faster extensibility.
• Cloud-based Apps – Transition to out-of-process cloud apps.

The highlights here are the improved developer experience for building cloud-based apps, real-time data capabilities via events and webhooks, and services like API Mesh that simplify external integrations.

Infrastructure

Magento continues to enhance the underlying cloud infrastructure and tooling to deliver greater flexibility, resiliency and developer productivity.

Key investments for 2024 include updates across the Cloud Tools Suite packages that support deployment and management of Commerce cloud projects. This covers capabilities such as local Docker development, core cloud functionality, and patches to optimize integration with cloud environments.

• Enhanced Cloud Tools Suite – New versions of packages for deploying and managing Commerce cloud projects.
• Zero-Downtime Scaling – Redundant architecture now supports live scaling of production environments.
• More Frequent Backups – Automatic backup frequency increased for disaster recovery.
• Manual DB/File Snapshots – Simplified database and filesystem snapshots for restoring environments.
• Docker Development – Local docker environment for faster testing and development.
• Optimized Cloud Patches – Improved integration between Commerce and cloud environments.
• Infrastructure Reliability – Ongoing improvements to deliver enterprise-grade reliability and uptime.

The key highlights are the scalability, backup/recovery, and development tooling that provide a resilient, productive cloud platform for delivering innovative shopping experiences.

Magento Services Update

Magento continues to expand its portfolio of innovative cloud services that provide advanced capabilities on top of the core commerce platform. 2024 brings added functionality across many of these services like Live Search, Product Recommendations, and Catalog Service. 

• Live Search – Leverages AI and machine learning for deep analysis of visitor data to deliver more relevant and personalized search results.
• Product Recommendations – Uses aggregated visitor behavior data and AI algorithms to provide individual product suggestions that boost conversion.
• Catalog Service – Provides a GraphQL API for accessing catalog data to power headless storefronts and other custom frontend clients.
• Amazon Sales Channels – Continued enhancements to automation, syncing and management capabilities for Amazon marketplace integration.
• Quick Checkout – Ongoing optimizations for form filling, guest checkout, and progress saving to accelerate the buying process.
• Channel Manager – Additional improvements to order workflows, inventory syncing and shipment processing across multichannel setups.
• Advanced Capabilities – Growing suite of innovative cloud services for activating cutting edge commerce capabilities.
• Continuous Innovation – Leveraging latest technology like AI, machine learning and cloud to add advanced functionality.

Magento Journey from 2015

Over the past nine years, Magento has undergone an incredible transformation – from its early days as an open-source ecommerce platform to becoming a flagship offering within Adobe’s customer experience portfolio.

Why should you upgrade to Magento 2?

After all, upgrading your e-commerce platform is a significant decision that requires time and resources. However, the benefits and advantages that come with Magento 2 make it a compelling choice for any serious e-commerce business.

• Performance Enhancement: Faster page loading, better server response times, and improved overall performance.
• Mobile Optimization: Ensures a seamless shopping experience for mobile users.
• Security Updates: Regular updates safeguard your website and customer data.
• User-Friendly Admin: A more intuitive admin panel simplifies store management tasks.
• Flexible Extensions: Access to a wide range of extensions and integrations for customization.
• Scalability: Easily expand your online store as your business grows.
• SEO Improvements: Improved SEO tools enhance your website’s search engine visibility.
• Streamlined Checkout: Reduce cart abandonment rates with a simplified checkout process.
• Community Support: Join an active and supportive Magento community for assistance and knowledge sharing.
• Future-Proofing: Ensure your online store’s long-term security and competitiveness by staying up to date.

With over 8 years of experience in working with Magento, Mageplaza stands as a leader in the field. Our team of certified Magento developers ensures that your upgrade or migration is executed flawlessly.

• Enhanced Security and Performance: Security is paramount in e-commerce. Mageplaza ensures that your store is equipped with the latest security patches, minimizing risks and vulnerabilities. Our upgrades and migrations are aimed at boosting your site’s performance and scalability.
• Zero Downtime and Data Loss: Understanding the value of time and data in e-commerce, we guarantee a migration and upgrade process with zero downtime and no data loss, ensuring your business operations remain uninterrupted.
• Customized Solutions: Every business is unique, and so are its needs. Mageplaza offers tailored solutions to cater to your specific requirements, ensuring a smooth transition and optimal functionality of your Magento 2 store.
• Competitive Pricing and Dedicated Support: We offer cost-effective services without compromising on quality. Our competitive pricing plans are designed to fit various budgets. Plus, with our dedicated post-service support, we ensure that you are completely satisfied with the results.

CONTACT MAGEPLAZA FOR FREE 1-1 CONSULTATION NOW

Conclusions

As we look ahead to 2024, Magento’s evolution is a testament to its commitment to revolutionize e-commerce. With strategic upgrades like the AR Viewer, frequent security patches, and the robust Magento 2.4.7, the platform is set to empower businesses in a thriving digital marketplace. Embracing both stability and innovation, Magento is not just adapting to the e-commerce trend but is actively leading it, promising an exciting and transformative journey for businesses and developers alike in the ever-expanding world of online commerce.