Digital Commerce Platform Market Creates Boom Amid Pandemic, Projected to Reach USD 13.30 Billion with a CAGR of 12.64% by 2027

Global Digital Commerce Platform Market is valued at approximately USD 5.13 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 12.64 % over the forecast period 2020-2027. Digital commerce platform includes buying and selling of raw materials, products, services, or any kind of goods and services through an electronic medium by the consumer, retailer, and business. Before the COVID-19 pandemic, digital commerce platforms includes strong and steady growth of internet users and rising awareness related to online shopping, increasing online launching of products, low price due to bulk purchase, and so on, but after the COVID-19 pandemic, social distancing and staying home is further expected to push the consumers towards online shopping. Since the pandemic’s onset, global digital commerce sales figures have raised. The trend of online buying is expected to outlive the COVID-19 pandemic, consumer are more convenient to make online purchases and have greater access to internet devices. Moreover, With 2.71 billion smartphone users globally, content consumption across media channels, devices, and demographics are on the rise, even according to Open Society Foundations, the United Kingdom has one of the highest levels of digital television uptake in Europe and it is witnessing more customer-focused options in the digital market.

Ask For Free Sample Report @ https://www.intelligencemarketreport.com/report-sample/23573

However, raising privacy concerns and flip cybersecurity issues impedes the growth of the market over the forecast period of 2020-2027. . Moreover, to fuels the growth of the e-commerce platform market there are options such as ease of doing business, low financial costs, wider variety, and e-cart, etc. are there.

The regional analysis of the global Digital Commerce Platform market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading/significant region across the world in terms of market share owing to rapid growth within the global digital commerce platform market in its B2B business model, while the North American retail segment has already been a prominent source of revenue for the market players. Also, the region leads to a massive existing base of digital media users, powered by the high use of smartphones and high-speed data networks, and internet services.

Ask For Customized Report As Per Your Business Requirement @ https://www.intelligencemarketreport.com/send-an-enquiry/23573

Major market players included in this report are:
3dcart
Adobe
Big Cartel, LLC
Kibo Software, Inc.
PrestaShop
Salesforce
Shopify Inc.
Squarespace
Volusion, LLC
WooCommerce

By Type:
Cloud-based
On-premises

By Business Model:
B2BB2C
Marketplace
Others

By Enterprise Size:
Small and Medium Enterprises (SMEs)
Large Enterprises

By Industry Vertical:
Travel and Tourism
Home Furnishings
Electrical and Electronics
Textile and Apparels
Others

Buy This Report at 4950 USD Only @ https://www.intelligencemarketreport.com/checkout/23573

Target Audience of the Global Digital Commerce Platform Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Get In Touch With Us
David
Manager - Business Development
Intelligence Market Report
sales@intelligencemarketreport.com
UK (+44) 208 638 5991

About Intelligence Market Report
We provide in-depth market analyses that suit your organizational needs and allow decision-makers to run businesses effortlessly. We have achieved excellence in providing end-to-end market research solutions. Our brigade of industry experts gathers key information and prepares content that aligns with our client’s business/niche.

This release was published on openPR.