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The commerce cloud market is forecasted to grow by USD 74.43 billion during 2023-2028, accelerating at a CAGR of 32.14% during the forecast period. The report on the commerce cloud market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing social media penetration, need for optimizing operational efficiency, and surging demand for E-commerce.
The commerce cloud market is segmented as below:
By Application
- Grocery and pharmaceutical
- Electronics/ furniture/ bookstores
- Fashion and apparel
- Quick service restaurants
- Others
By Component
- Platform
- Services
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
The report on the commerce cloud market covers the following areas:
- Commerce cloud market sizing
- Commerce cloud market forecast
- Commerce cloud market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Component
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global commerce cloud market: Adobe Inc., Alphabet Inc., Amazon.com Inc., Apttus Corp., BigCommerce Holdings Inc., commercetools GmbH, Digital River Inc., Elastic Path Software Inc., International Business Machines Corp., Kibo Software Inc., Microsoft Corp., Optimizely Inc., Oracle Corp., Salesforce Inc., SAP SE, Shopify Inc., Sitecore Holding II AS, and VTEX.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is introduction of virtual store businesses."
According to the report, one of the major drivers for this market is the growing social media penetration.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Adobe Inc.
- Alphabet Inc.
- Amazon.com Inc.
- Apttus Corp.
- BigCommerce Holdings Inc.
- commercetools GmbH
- Digital River Inc.
- Elastic Path Software Inc.
- International Business Machines Corp.
- Kibo Software Inc.
- Microsoft Corp.
- Optimizely Inc.
- Oracle Corp.
- Salesforce Inc.
- SAP SE
- Shopify Inc.
- Sitecore Holding II AS
- VTEX
