Global Digital Commerce Software Market Valued at USD 13.5 Billion in 2022, Expected to Grow at a CAGR of 15.1% from 2023 to 2033

As per the study initiated by Evolve Business Intelligence, the global Digital Commerce Software market size accounted for USD 13.5 Billion in 2022, growing at a CAGR of 15.1% from 2023 to 2033. The digital commerce software market refers to the industry involved in providing software solutions that enable businesses to conduct online transactions, manage digital storefronts, and deliver seamless customer experiences across various digital channels. It encompasses a wide range of software applications and platforms designed to facilitate e-commerce operations and enable businesses to sell products and services online. The digital commerce software market is driven by the growing adoption of e-commerce, the shift towards digital channels for retail and B2B sales, and the increasing demand for personalized and seamless customer experiences. Businesses across various industries, including retail, consumer goods, healthcare, and manufacturing, rely on digital commerce software to establish and expand their online presence, drive sales, and compete in the digital marketplace.
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Key Highlights:
• The global Digital Commerce Software Market size was valued at USD 13.5 billion in 2022 growing at a CAGR of 15.1% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has published a new market research report on Global Digital Commerce Software Market focusing in various aspects including market size and forecast, market dynamics, competitors market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which includes Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted in order to prosper through this industry over short and long terms. The quantitative analysis includes our authentic findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.
In terms of COVID 19 impact, the Digital Commerce Software market report also includes the following data points:
• COVID19 Impact on Digital Commerce Software market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Digital Commerce Software market
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Key Players
Some of the major Digital Commerce Software players holding high market share include SAP SE, Oracle Corporation, Demandware Inc (Salesforce), Digital River Inc. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• SAP SE
• Oracle Corporation
• Demandware Inc (Salesforce)
• Digital River Inc
• Sappi Limited
• Intershop Communications AG
• Volusion Inc
• eBay Enterprise
• TCS Ltd
• Cleverbridge Inc
Segmental Analysis
Market Segment By Deployment Model with focus on market share, consumption trend, and growth rate of Digital Commerce Software Market:
o On-Premises
o Cloud-Based
o Hybrid
Market Segment By end-user with a focus on market share, consumption trend, and growth rate of the Digital Commerce Software Market:
o Retail
o BFSI
o Travel & Tourism
o IT and Communications
o Entertainment & Media
Parameters Details
Market Size (2022) $ 13.5 Billion
CAGR (2023 to 2033) 15.1%
Market Segmentation Deployment Model, End User
Country Covered US, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East & Africa, and South America
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Global Digital Commerce Software Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Detail analysis of the impact of market drivers, restraints, and opportunities
• Competitive Intelligence provides an understanding of the ecosystem
• Details analysis of the Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning

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About EvolveBI
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