The size of the worldwide commerce cloud market was USD 12.72 billion in 2021, and it is anticipated to grow in value at a CAGR of 23.6% over the following five years. The e-commerce sector's expansion along with the uptake of cloud computing, rising 5G network demand, a switch from offline to Fast-Moving Commerce Solutions (FMCG), technological advancements supporting cloud computing solutions, and improvements in customer experience are the main factors propelling the commerce cloud market revenue.

Commerce Cloud market intelligence assessment report weighs up on the potential region that reserves greater opportunities for this industry. Importantly, subject matter experts have taken into account every critical aspect right from the market size, share, and growth to the dramatic shift in the consumer behaviour and their growing spending capacity. The industry assessment study depicts a perfectly clear picture of both the past and the future trends to offer the stakeholders, business owners, and marketing executives an opportunity to zero in on an effective marketing strategy and boost sales.

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Competitive Terrain:

The global Commerce Cloud industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed in the report are:

IBM, SAP, Salesforce Inc., Voyado Lund AB, Optimizely, Inc., Oracle, Adobe, Shopify Inc., BigCommerce Pty Ltd., Digital River Inc., Alibaba Group Holding Limited, and HCL Technologies

The research study examines historic data from 2018 and 2020 to draw forecasts until 2028. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.

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Market Overview:

The report bifurcates the Commerce Cloud Market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

  • Component Outlook (Revenue, USD Billion; 2019-2030)

    • Platform
      1. Business to Business (B2B)
      2. Business to Customer (B2C)
    • Service
      1. Consulting
      2. Integration & Deployment
      3. Support & Maintenance

  • Organization Size Outlook (Revenue, USD Billion; 2019-2030)

    • Large Enterprises
    • Small & Medium Enterprises (SMEs)

  • Application Outlook (Revenue, USD Billion; 2019-2030)

    • Fashion & Apparel
    • Electronics, Furniture & Bookstores
    • Grocery & Pharmaceuticals
    • Automotive
    • Travel & Hospitality
    • Others

  • Regional Outlook (Revenue, USD Billion; 2019–2030)

    • North America
      1. U.S.
      2. Canada
    • Europe
      1. Germany
      2. UK
      3. France
      4. Spain
      5. Rest of Europe
    • Asia Pacific
      1. China
      2. India
      3. Japan
      4. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East & Africa
      1. UAE
      2. South Africa
      3. Saudi Arabia
      4. Rest of Middle East & Africa

The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market. 

Regional Analysis Covers:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Points Covered in This Section:

  • Regional contribution
  • Estimated revenue generation
  • Vital data and information about the consumption rate in all the leading regional segments
  • An expected rise in market share
  • Forecast growth in the overall consumption rate

Key Objectives of the Report:

  • Analysis and estimation of the Commerce Cloud Market size and share for the projected period of 2020-2027
  • Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
  • Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Commerce Cloud Market
  • Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
  • Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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