Commerce Cloud Market Emerging Trends and Competitive Analysis: IBM, Magento, Oracle, SAP, Salesforce, Shopify, Apttus, BigCommerce, Commercetools, Digital River, Elastic Path, Episerver, Kibo, Sitecore, VTEX,

The commerce cloud report is an insightful and actionable market report which is always in demand by the businesses for the growth and success. Skillful capabilities and excellent resources in research, data collection, development, consulting, evaluation, compliance and regulatory services come together to form this world-class commerce cloud market research report. This commerce cloud report figures out market landscape, brand awareness, latest trends, possible future issues, industry trends and customer behaviour so that your business gain competitive advantage. This commerce cloud market research report is prepared by keeping in mind today's business needs and advancements in technology

The global commerce cloud market is anticipated to register a healthy CAGR of 25.04% forecast to 2026. Increase need to manage the multiple storefronts along with the technological advancements across the industries is supporting the market growth.

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Shopify is one of the main suppliers of commerce cloud solutions

The commerce cloud market is driven by various factors, such as the growing focus of organizations toward optimizing customer experience, along with the need to improve the operational efficiency of retail processes. However, the skepticism in using cloud-based solutions can hinder the growth of the market.

Key Players 

IBM,
Magento,
Oracle,
SAP,
Salesforce,
Shopify,
Apttus,
BigCommerce,
Commercetools,
Digital River,
Elastic Path,
Episerver,
Kibo,
Sitecore,
VTEX,

Key Segmentation

By Organization Size

Small and
Medium Sized Enterprises (SMEs),
Large Enterprises

By Component

Platform,
Services

By Application

Grocery and Pharmaceuticals,
Fashion and Apparel,
Electronics,
Bookstores, and Furniture,
Travel and
Hospitality, Others

By Geography

North America,
South America,
Asia-Pacific,
Europe,
MEA

In September 2019, Wirecard, worldwide supplier of internet technology and financial services integrated salesforce commerce cloud where the customer has access to the Wirecard digital financial commerce platform. This will result into optimal payment experience. By using this platform merchants are able to simplify their payment process. This addition of new platform is going to impact positively on the global commerce cloud market

In October 2019, cloud Commerce Company Kibo Commerce (Kibo) to acquire premier testing and optimization supplier, Monetate which will expand the reach of Kibo's end-to-end cloud commerce platform providing customers with robust, personalized commerce experience. This latest move by Kibo is expected to create personalized customer experience in the global commerce cloud market

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