Omnichannel Retail Commerce Market Booms, Valued at $5.57 Bn in 2022, Forecasted CAGR of 14.53%

12.09.2023 : Omnichannel Retail Commerce Market Report Scope and Research Methodology

The Global Omnichannel Retail Commerce Market is experiencing robust growth, projected to maintain a CAGR of 14.53% from 2022 to 2029. This comprehensive report provides a detailed analysis of market dynamics, including drivers and restraints, and offers valuable insights into regional trends.

The study employs a rigorous research methodology, encompassing an assessment of the impact of COVID-19 lockdowns on market leaders, followers, and disruptors. As lockdown implementations varied across regions, their effects were analyzed accordingly. The report addresses both short-term and long-term impacts, aiding decision-makers in crafting strategies tailored to specific regions.

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What are Omnichannel Retail Commerce Market Dynamics?

Drivers:

The rapid integration of e-Commerce in the retail industry is a key driver of global market growth. With increasing internet accessibility and smartphone adoption, online sales have witnessed substantial growth. This shift positively impacts the omnichannel retail commerce market, with e-commerce being a primary channel within the omnichannel ecosystem.

Restraints:

High installation costs and the complexity of setting up omnichannel retail commerce systems are expected to hinder market growth. Additionally, supply chain intricacies may pose further constraints.

Future Trends:

Anticipated trends include AI-assisted automated customer service, augmented by human agents, and an increased role of social media in customer care. Mobile apps will play a pivotal role in enhancing the omnichannel shopping experience by seamlessly connecting online and offline touchpoints.

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What is Omnichannel Retail Commerce Market Segmentation?

The Omnichannel Retail Commerce Market is divided into the following categories: e-Commerce, Order management, Point of sales, Retail order broker cloud, CRM, Warehouse management, and Others based on the solution. The market share that the e-Commerce sector accounted for in 2022 was 47.15%. E-commerce channels were long thought of as a different, independent channel that wasn't part of the whole bricks-and-mortar company model. No matter where they are in the retailer's network, customers require information on stock levels, delivery times, and shipping options, and this is quickly changing. E-commerce has grown in popularity as a result of the widespread use of smartphones and tablets and the creation of straightforward online shopping goals. The use of multichannel and its strategy has improved operational efficiency for merchants, which has been advantageous.

1. Global Omnichannel Retail Commerce Market Size, by Deployment (2022-2029)
• SaaS
• On-premise
2. Global Omnichannel Retail Commerce Market Size, by Solution (2022-2029)
• E-Commerce
• Order management
• Point of sales
• Retail order broker cloud
• CRM
• Warehouse management
• Others
3. Global Omnichannel Retail Commerce Market Size, by End User (2022-2029)
• Apparel & footwear
• FMCG
• Consumer Electronics
• Others

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Who are Omnichannel Retail Commerce Market Key Players?

1. Cognizant Technology Solutions Corp
2. IBM Corporation
3. Salesforce.com
4. NCR Corporation
5. SAP SE
6. Oracle Corporation
7. Diebold Nixdorf AG
8. Infosys Ltd
9. Toshiba Corporation
10. Infor Global Solutions Inc
11. iVend Retail
12. Dunnhumby
13. Retail pro international
14. SEPHORA
15. SAP SE
16. Aptos, Inc.
17. Fujitsu Limited
18. HCL Technologies Limited
19. Microsoft Corporation

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Table of content for the Omnichannel Retail Commerce Market includes:

Part 01: Executive Summary

Part 02: Scope of the Omnichannel Retail Commerce Market Report

Part 03: Global Omnichannel Retail Commerce Market Landscape

Part 04: Global Omnichannel Retail Commerce Market Sizing

Part 05: Global Omnichannel Retail Commerce Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Regional Insights:

North America accounted for the largest market share, approximately 34.20% in 2022. The region's high level of digitization and a significant surge in online sales compared to offline sales are driving market growth.
The Asia-Pacific (APAC) region is projected to experience rapid growth, with an estimated CAGR of 18.3% during the forecast period. Increased internet penetration, a burgeoning e-commerce sector, and the growing adoption of click-and-collect systems are fueling market growth in this region.

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by different segment | 2023-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic
perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

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