Press release
Commerce Cloud Market Research Methodologies Offers High Business Outlook growth 2022-2027
The Commerce Cloud Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Commerce Cloud market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Commerce Cloud market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Commerce Cloud market.The Commerce Cloud Market is expected to register a CAGR of approximately 23% during the forecasted period (2021 - 2026).
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Top Leading Companies of Commerce Cloud Market are - Salesforce.com, Inc., Lightwell Inc. (IBM Corporation), SAP SE (Maihiro GmbH), Oracle Corporation, BigCommerce Pty. Ltd., Shopify Inc., Episerver, Amazon Web Services, Inc., Magento (Adobe, Inc.), Apttus Corporation, Google LLC and others.
Industry News and Updates:
- June 2020 - SAP introduced SAP S/4 HANA Cloud and SAP Commerce Cloud in India. With its core applications hosted locally, the Indian enterprises are anticipated to be able to meet end-to-end customer demands and make commerce a seamless experience for retailers, while ensuring compliance with current and upcoming personal data protection bills.
- July 2019 - Salesforce and the Chinese e-commerce firm Alibaba collaborated to help Salesforce expand to customers in Mainland China, Hong Kong, Macau, and Taiwan, while Salesforce will become the exclusive enterprise customer relationship management (CRM) product suite sold by Alibaba. The products that Salesforce plans to sell in China include Sales Cloud, Service Cloud, Commerce Cloud, and Salesforce Platform.
Key Market Trends:
B2C Commerce Platform Expected to Gain Maximum Traction
- B2C Commerce Cloud Platforms are expected to gain maximum attention from brands and retailers, which are looking for solutions to provide seamless shopping experiences to engage consumers. Commerce Cloud offers a set of solutions to enable brands and retailers to innovate quickly, deliver connected, personalized experiences, and drive customer engagement, sales, and loyalty across channels.
- It allows retailers to build and launch innovative campaigns and promotions easily, based on consumer behavior, channel, and location, without IT support. These platforms harness the capability of artificial intelligence to drive revenue by analyzing real-time customer insights and boost conversions with intelligent search results.
North America Expected to Dominate the Market
- Due to the presence of several market players in the region, North America is expected to dominate the Commerce Cloud Market globally, such as IBM, Salesforce, SAP, Oracle, Amazon Web Services, Google LLC, and many more. These regionally-based solution providers are making significant investments and innovations in the commerce cloud field to augment regional growth.
- In September 2019, Bloomreach launched a B2B Search & Merchandising Connector for Salesforce Commerce Cloud on Salesforce AppExchange. The connector allows users of Salesforce Commerce Cloud to integrate Bloomreach's site search along with AI-powered merchandising tools in their B2B commerce environment.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Commerce Cloud Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Commerce Cloud Market (%),2016 - 2026
- Commerce Cloud Market Share, By Brand
- Commerce Cloud Market Share, By Company
- Commerce Cloud Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Commerce Cloud Market Value Analysis & Forecast
- Promising Commerce Cloud Development by Major Companies
- Detailed Commerce Cloud Portfolio of the Major Companies
- Major Deals in the Commerce Cloud Market
- Major Companies Analysis
Browse Full Report at:
https://www.marketinsightsreports.com/reports/02082593309/commerce-cloud-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=namita
We Offer Customization on Report Based on Specific Client Requirement:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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