Press release
Commerce Cloud Market Opportunities and Strategies 2024-2033 | Insights, Demand, and Outlook
Commerce Cloud Market Demand
As per the report, the commerce cloud market size has grown rapidly in recent years. It will grow from $21.78 billion in 2023 to $25.75 billion in 2024 at a compound annual growth rate (CAGR) of 18.2%. The commerce cloud market size is expected to see rapid growth in the next few years. It will grow to $50.67 billion in 2028 at a compound annual growth rate (CAGR) of 18.4%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=14073&type=smp
E-Commerce Industry Growth Fuels Expansion Of The Commerce Cloud Market
The increase in the growth of e-commerce industries is expected to propel the growth of the commerce cloud market going forward. The e-commerce industry is the economic sector that involves buying and selling goods and services over the internet. The growth of e-commerce industries is propelled by the increasing demand for convenience, accessibility, and efficiency in shopping, which significantly contributes to the expansion of commerce cloud solutions. As more businesses embrace online selling to cater to consumer demands, a parallel need arises for robust digital infrastructure to support these operations efficiently. For instance, in November 2023, according to the United States Census Bureau, a US-based government agency, compared to the second quarter of 2022, the estimate for e-commerce in the second quarter of 2023 climbed by 7.5% (or 1.4%), while overall retail sales rose by 0.6% (or 0.4%). 15.4% of all sales in the second quarter of 2023 were made through online stores. Therefore, the increase in the growth of e-commerce industries in several countries is driving the growth of the commerce cloud market.
Salesforce Launches Einstein GPT for Commerce Cloud
Major companies operating in the commerce cloud market are developing innovative technologies, such as Einstein GPT, to increase demand in the market. Einstein GPT uses a network of models from leading generative AI providers in the industry and from Salesforce's AI research. For instance, in March 2023, Salesforce Inc., a US-based software company, launched Einstein GPT, a new AI tool designed to help customers automate and tailor recommendations in Commerce Cloud. It can be used for training, insights, and data analysis and can be integrated with different Salesforce apps. It can be used across multiple Salesforce clouds, including marketing cloud, sales cloud, and commerce cloud, and it seamlessly integrates with Salesforce CRM, combining powerful features with advanced AI capabilities.
The commerce cloud market covered in this report is segmented -
1) By Type: Commerce Cloud Platforms, Commerce Cloud Services
2) By Platform : Business To Business Commerce, Business To Customer Commerce
3) By Service : Training And Consulting , Integration And Deployment , Support And Maintenance
4) By End User : Fashion And Apparel , Pharmaceutical And Grocery, Electronics And Appliances , Food And Beverage
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=14073&type=discount
Major companies operating in the commerce cloud market are Google LLC, Alibaba Group Holding Limited, Amazon Web Services, IBM Coporation , Oracle Corporation, SAP SE, Salesforce.com Inc., Adobe, HCL Technologies, Shopify Inc., Magento (Adobe) Inc., Episerver, Sitecore, Digital River Inc., BigCommerce Pty Ltd., Optimizely Inc., VTEX, Commercetools, Apttus Corporation , Kibo Commerce, Lightwell Inc, Voyado Lund AB, Elastic Path, Shopgate, Squareup eCommerce, TradeGecko.
Contents of the report:
1. Executive Summary
2. Commerce Cloud Market Report Structure
3. Commerce Cloud Market Trends And Strategies
4. Commerce Cloud Market - Macro Economic Scenario
5. Commerce Cloud Market Size And Growth
…..
27. Commerce Cloud Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/commerce-cloud-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
"Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide."
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Commerce Cloud Market Opportunities and Strategies 2024-2033 | Insights, Demand, and Outlook here
News-ID: 3568173 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Commerce
E-Commerce Sales Services Market Transforming the Growth Landscape | Softtek, Ma …
IMR posted new studies guide on E-Commerce Sales Services Market Insights with self-defined Tables and charts in presentable format. In the Study you may locate new evolving Trends, Drivers, Restraints, Opportunities generated via targeting market related stakeholders. The boom of the E-Commerce Sales Services marketplace became specifically driven with the aid of the growing R&D spending internationally.
Some of the Top Leading Key Players: Softtek, Maersk, BigCommerce, Groove Commerce, Shanghai Baozun…
Commerce as a Service (CaaS) Market: Transforming E-commerce Solutions
Mobile devices such as smartphones and tablets are increasing the touch points and attracting customer traffic to the site, which is expected to help bring new channel sales to e-commerce businesses. In addition, low network bandwidth and weak network signals hinder the growth of the Commerce as a Service (CaaS) market. Furthermore, security issues related to payment processes are key factors limiting the Commerce as a Service (CaaS) market growth.…
Mastering Adobe Commerce Development: Unleashing the Power of E-Commerce
In the rapidly evolving digital landscape, e-commerce has become an indispensable part of business operations. The success of any online store hinges on seamless user experience, efficient management of products, and a robust backend system. This is where Adobe Commerce Development, formerly known as Magento, steps in as a leading open-source e-commerce platform. In this blog post, we will explore the key aspects of Adobe Commerce Development and understand how…
Mobile Commerce (M-Commerce) Market 2022 | Detailed Report
The Mobile Commerce (M-Commerce) research report undoubtedly meets the strategic and specific needs of the businesses and companies. The report acts as a perfect window that provides an explanation of market classification, market definition, applications, market trends, and engagement. The competitive landscape is studied here in terms of product range, strategies, and prospects of the market’s key players. Furthermore, the report offers insightful market data and information about the Mobile…
Omnichannel Commerce Software Market Is Booming Worldwide with Blueport Commerce …
Worldwide Omnichannel Commerce Software Market In-depth Research Report 2021, Forecast to 2026 is latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Worldwide Omnichannel Commerce Software Market. Some of the key players profiled in the study are…
Subscription Commerce Platform Market Set for Explosive Growth | PeakCommerce, B …
Latest published market study on Worldwide Subscription Commerce Platform Market provides an overview of the current market dynamics in the Worldwide Subscription Commerce Platform space, as well as what our survey respondents—all outsourcing decision-makers—predict the market will look like in 2027. The study breaks market by revenue and volume (wherever applicable) and price history to estimates size and trend analysis and identifying gaps and opportunities. Some of the players that…
