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Global Commerce Cloud Market: By Component: Platforms, Services; By Organization Size: Small and Medium-Sized Businesses, Large Enterprises; By Application: Electronics, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments
Global Commerce Cloud Market Outlook
The global commerce cloud market size is anticipated to expand from USD 11.9 billion in 2022 to USD 38.1 billion by 2028, growing at a CAGR of 22% between 2023 and 2028.
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Currently, commerce cloud deployments provide many benefits, including enhanced flexibility and efficiency and decreased time and costs. A growing number of internet companies are anticipated to offer enormous market possibilities. Traditional players are creating fresh products to tap into the emerging markets.
Market Segmentation
Commerce cloud is a cloud-based, multi-tenant trading platform that empowers brands to generate smart, unified purchasing experience across all channels. The commerce cloud industry can be divided based on segments like component, application, and organisation size.
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The industry can be divided based on its components into platforms and services. While the platform segment is further subdivided into the business-to-business and business-to-customer segments, the service segment is subdivided into training and consulting, integration and deployment, and support and maintenance.
The industry can be broadly categorised on the basis of its application into:
- Electronics, Furniture, and Bookstores
- Grocery and Pharmaceutical
- Automotive
- Fashion and Apparel
- Quick Service Restaurants
- Travel and Hospitality
- Beauty and Cosmetics
Further, the industry can be divided on the basis of its organisation size into small and medium-sized businesses and large enterprises.
The EMR report looks into the regional commerce cloud markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Market Analysis
The increasing focus of the organisations on optimising customer experience and operational efficiencies are some of the driving factors that are accelerating the commerce cloud market growth. Groceries and pharmaceutical, among other application sectors, is playing an essential role in boosting the growth of the industry. Over the past few years, the online pharmaceutical industry has witnessed a rapid growth and increasing popularity. Commerce cloud solutions provide assistance to the pharmaceutical industry to reach regulatory compliance, handle restrictions on the product, and retain traceability. North America represents the largest share in the commerce cloud market.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global commerce cloud market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- IBM (NYSE: IBM)
- SAP
- Salesforce
- Apttus Corporation
- Episerver
- Oracle Corporation
- Magento
- BigCommerce
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Component, Organization Size, Application, Region |
| Breakup by Component | Platforms, Services |
| Breakup by Organization Size | Small and Medium-Sized Businesses, Large Enterprises |
| Breakup by Application | Electronics, Furniture, and Bookstores, Grocery and Pharmaceutical, Automotive, Fashion and Apparel, Quick Service Restaurants, Travel and Hospitality, Beauty and Cosmetics |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | IBM (NYSE: IBM), SAP (ETR: SAP), Salesforce (NYSE: CRM), Apttus Corporation, Episerver, Oracle Corporation (NYSE: ORCL), Magento, BigCommerce, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Commerce Cloud Market Analysis
8.1 Key Industry Highlights
8.2 Global Commerce Cloud Historical Market (2018-2022)
8.3 Global Commerce Cloud Market Forecast (2023-2028)
8.4 Global Commerce Cloud Market by Component
8.4.1 Platforms
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.1.4 Breakup by Type
8.4.1.4.1 Business-To-Business
8.4.1.4.2 Business-To-Customer
8.4.2 Services
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.2.4 Breakup by Type
8.4.2.4.1 Training and Consulting
8.4.2.4.2 Integration and Deployment
8.4.2.4.3 Support and Maintenance
8.5 Global Commerce Cloud Market by Organization Size
8.5.1 Small and Medium-Sized Businesses
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Large Enterprises
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.6 Global Commerce Cloud Market by Application
8.6.1 Electronics, Furniture, and Bookstores
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Grocery and Pharmaceutical
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Automotive
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Fashion and Apparel
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Quick Service Restaurants
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
8.6.6 Travel and Hospitality
8.6.6.1 Market Share
8.6.6.2 Historical Trend (2018-2022)
8.6.6.3 Forecast Trend (2023-2028)
8.6.7 Beauty and Cosmetics
8.6.7.1 Market Share
8.6.7.2 Historical Trend (2018-2022)
8.6.7.3 Forecast Trend (2023-2028)
8.7 Global Commerce Cloud Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
11.2.1 IBM Corporation
11.2.1.1 Company Overview
11.2.1.2 Product Portfolio
11.2.1.3 Demographic Reach and Achievements
11.2.1.4 Certifications
11.2.2 SAP SE
11.2.2.1 Company Overview
11.2.2.2 Product Portfolio
11.2.2.3 Demographic Reach and Achievements
11.2.2.4 Certifications
11.2.3 Salesforce, Inc.
11.2.3.1 Company Overview
11.2.3.2 Product Portfolio
11.2.3.3 Demographic Reach and Achievements
11.2.3.4 Certifications
11.2.4 Conga
11.2.4.1 Company Overview
11.2.4.2 Product Portfolio
11.2.4.3 Demographic Reach and Achievements
11.2.4.4 Certifications
11.2.5 Oracle Corp.
11.2.5.1 Company Overview
11.2.5.2 Product Portfolio
11.2.5.3 Demographic Reach and Achievements
11.2.5.4 Certifications
11.2.6 Others
12 Industry Events and Developments
List of Key Figures and Tables
1. Global Commerce Cloud Market: Key Industry Highlights, 2018 and 2028
2. Global Commerce Cloud Historical Market: Breakup by Component (USD Million), 2018-2022
3. Global Commerce Cloud Market Forecast: Breakup by Component (USD Million), 2023-2028
4. Global Commerce Cloud Historical Market: Breakup by Organization Size (USD Million), 2018-2022
5. Global Commerce Cloud Market Forecast: Breakup by Organization Size (USD Million), 2023-2028
6. Global Commerce Cloud Historical Market: Breakup by Application (USD Million), 2018-2022
7. Global Commerce Cloud Market Forecast: Breakup by Application (USD Million), 2023-2028
8. Global Commerce Cloud Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global Commerce Cloud Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America Commerce Cloud Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America Commerce Cloud Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe Commerce Cloud Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe Commerce Cloud Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific Commerce Cloud Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific Commerce Cloud Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America Commerce Cloud Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America Commerce Cloud Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Middle East and Africa Commerce Cloud Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa Commerce Cloud Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Global Commerce Cloud Market Structure
Key Questions Answered in the Report
In 2022, the global commerce cloud market attained a value of nearly USD 11.9 billion.
The market is projected to grow at a CAGR of 22% between 2023 and 2028.
The market is estimated to witness healthy growth in the forecast period of 2023-2028 to reach USD 38.1 billion by 2028.
The major drivers of the market include the rising technological advancements, increasing focus of the organisations on optimising customer experience and operational efficiencies.
The commerce cloud market is being aided by enhanced flexibility and efficiency and decreased time and costs provided by the industry.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The organisation sizes can be divided into small and medium-sized businesses and large enterprises.
Platforms and services are the leading components in the industry.
Electronics, furniture, and bookstores, grocery and pharmaceutical, automotive, fashion and apparel, quick service restaurants, travel and hospitality, beauty and cosmetics are the leading applications in the industry.
The major players in the industry are IBM, SAP, Salesforce, Apttus Corporation, Episerver, Oracle Corporation, Magento, and BigCommerce, among others.
Analyst Review
The global commerce cloud market attained a value of USD 11.9 billion in 2022, driven by the increasing focus of the organisations on optimising customer experience and operational efficiencies. The market is expected to witness further growth in the forecast period of 2023-2028, growing at a CAGR of 22%. The market is projected to reach USD 38.1 billion by 2028.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its components, the commerce cloud industry can be segmented into platforms and services. The organisation sizes can be divided into small and medium-sized businesses and large enterprises. On the basis of applications, the market is divided into electronics, furniture, and bookstores, grocery and pharmaceutical, automotive, fashion and apparel, quick service restaurants, travel and hospitality, beauty and cosmetics. The major regional markets for commerce cloud are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include IBM, SAP, Salesforce, Apttus Corporation, Episerver, Oracle Corporation, Magento and BigCommerce, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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