Digital Commerce Platform Market shall reach a value of $2x61.4 Million in 2027, growing with a CAGR of 12.13% during the forecast period of 2020 to 2027.
Market Definition / Research Scope
For the purpose if this market researchreport, Digital Commerce Platform is defined as a platform that facilitates the purchases over the web and efficient management pf customer relationships. It allows management of these web services and customer relationships across a wide range of multiple retail, wholesale, mobile, direct and indirect sales, call centre, and digital sales channels. The key functions of Digital Commerce Platformsinclude creation and management of product catalogues, shopping carts, web storefronts, product recommendations and personalization. The Digital Commerce Platform allows the organizations and businesses to improve the customer experience and the extension of infrastructure required for the development of new digital business designs.
Digital Commerce Platform Market Growth and Trends
Digital Commerce Platform Market Regional Analysis
Evolution in cloud computing services and the rapidly shifting dynamics of unified commerce is anticipated to bring about potential growth in the global digital commerce platform market. The Asia Pacific region is estimated to appear as the fastest growing market in the global market with the world’s largest business consumer-aspect in the region. Also, China has been the sole contributor to IPTV subscriber growth that contributes to the budding Asia Pacific market prominently.
North America is also measured to witness effective growth with companies consistently spending on digital channels and bolstering internet connectivity in the region. Furthermore, Europe is expected to strive for segmented growth since a huge customer base is primed to be the major growth factor in this region.
The Middle East is expected to stir a far-reaching growth in the market due to wide internet usage and adoption of internet-enabled devices with consumers at the epicenter of a digital ecosystem nowadays.
Digital Commerce Platform Market Share and Competition
Key companies operating in this industry are: IBM, Oracle, Hybris, Demandware, Magento, Digital River, CloudCraze, Apttus, NetSuite and Elastic Path.
Digital Commerce Platform Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2020 - 2027)
• Business to Consumer (B2C)
• Business to Business (B2B)
• Consumer to Business (C2B)
• Consumer to Consumer (C2C)
Application Analysis (Revenue, USD Million, 2020 - 2027)
• Banking, Financial Services & Insurance (BFSI)
• IT and Telecommunication
• Airline & Travel
Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• United Kingdom
• South Korea
• Middle East
• Rest of World
Digital Commerce Platform Market Companies
• Digital River
• Elastic Path
United States Digital Commerce Platform Market Research Report
Europe Digital Commerce Platform Market Research Report
Asia Pacific Digital Commerce Platform Market Research Report
India Digital Commerce Platform Market Research Report