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Commerce Cloud Market Growth Factors, Segmentation, Trends, Opportunities, Key Players and Forecast | Evolve Business Intelligence
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The Commerce Cloud market is primarily driven by the increasing demand for scalable and flexible e-commerce solutions. Businesses are adopting these cloud-based platforms to streamline online operations, enhance customer experiences, and stay competitive in the rapidly evolving digital landscape. Factors such as the growing trend of online shopping, the need for omnichannel capabilities, and a focus on personalized customer interactions are key drivers propelling the Commerce Cloud market's growth.
Key Players
Some of the major Commerce Cloud Market players holding high market shares include Checkout Apttus Corporation, BigCommerce Pty. Ltd, commerce tools and GmbH Episerver Digital River, Inc.. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders. Some of the other major market players include Elastic Path Software Inc, Verve Industrial Protection, IBM Corporation, Kibo Commerce, Adobe Incorporated (Magento), Oracle Corporation Salesforce, SAP SE, Shopify Infosys (SKAVA, Unilog Content Solutions Pvt. Ltd VTEX
Report Description: https://evolvebi.com/report/commerce-cloud-market-analysis-and-forecast-2021-2028-with-covid-impact-analysis/
Segmental Analysis
Based on Components, the Commerce Cloud market is segmented into B2B Commerce Cloud and B2C Commerce Cloud. The industry was led by the B2B commerce cloud segment, and in recent years, B2B e-commerce has grown significantly. Businesses are undergoing a transition as they swap out costly and ineffective legacy technologies with cutting-edge ones like electronic data interchange.
Based on Service, the Commerce Cloud market is segmented into training and consulting, integration and deployment, support and maintenance. The training and consulting segment, which offers businesses services to improve their use of the solution, handle the particular needs of specific organizations, and produce measurable business outcomes, commanded a substantial portion of the market.
Based on Installation Platform, the Commerce Cloud market is segmented into desktop and mobile. Because desktop and laptop computers are so widely used for online shopping and other e-commerce activities, the desktop portion of the market has long dominated.
Based on Enterprise Size, the Commerce Cloud market is segmented into SMEs, Large Enterprises. Due to their continuous investments in cutting-edge IT systems, the major corporate segment has the most influence. It is anticipated that this market segment would have a sizable proportion.
Based on Application, the Commerce Cloud market is segmented into fashion and apparel, quick service restaurants, grocery and pharmaceuticals, and others. The industry was led by the fashion and apparel sector. These brands provide distinctive content, focused marketing campaigns, recommendations, and offers based on consumer behavior, browsing history, and online platforms like social media and the internet.
Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)
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Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune's global 2000 companies.
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