ID: MRFR/ICT/6909-HCR | 111 Pages | Author: Aarti Dhapte | June 2023
Commerce Cloud Market is expected to reach USD 58.5 Billion by 2030 at an impressive CAGR of 21.30%.
Commerce Cloud Market Synopsis:Commerce Cloud is increasingly being adopted by enterprises across verticals.
It offers unparalleled scalability and is ideal for any business offering online services to its customers.
Commerce Cloud Market USP:A centralized commerce platform which is excellent for unifying inventory and analyzing customer behavior.
Report Attribute/Metric | Details |
---|---|
Market Size | USD 58.5 Billion |
CAGR | CAGR of 21.30%. |
Base Year | 2021 |
Forecast Period | 2022-2030 |
Historical Data | 2020 |
Forecast Units | Value (USD Billion) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | By Component, Services |
Geographies Covered | North America, Europe, Aisa Pacific |
Key Vendors | 2Checkout Apttus Corporation BigCommerce Pty. Ltd commercetools GmbH Episerver Digital River, Inc. Elastic Path Software Inc Verve Industrial Protection IBM Corporation Kibo Commerce Adobe Incorporated (Magento) Oracle Corporation Salesforce SAP SE Shopify Infosys (SKAVA) Unilog Content Solutions Pvt. Ltd VTEX |
Key Market Opportunities | |
Key Market Drivers | Increased AI adoption in all commercial ventures |
The Global Commerce Cloud Market is expected to grow at a CAGR of 22.7% during the forecast period and cross USD 58.5 Billion by 2030.
Growing at a CAGR of 21.30%, the market will exhibit steady growth in the forecast period (2022-2030)
The key players of the global Commerce Cloud Market are 2Checkout, Apttus Corporation, BigCommerce Pty. Ltd, commercetools GmbH, Episerver, Digital River, Inc., Elastic Path Software Inc, Verve Industrial Protection, IBM Corporation, Kibo Commerce, Adobe Incorporated (Magento), Oracle Corporation, Salesforce.
North America: The largest regional market, the adoption of cloud technology is high in North America with the presence of many major players within this market.
Increased adoption of cloud commerce, especially by businesses invested in e-commerce. These are important factors for the growth of Commerce Cloud Market
Key Questions Answered
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