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Commerce Cloud Market

Global Commerce Cloud Market Size, Report, Forecast: By Component: Platforms, Services; By Organization Size: Small and Medium-Sized Businesses, Large Enterprises; By Application: Electronics, Furniture, and Bookstores, Grocery and Pharmaceutical, Automotive, Fashion and Apparel, Others; Regional Analysis; Competitive Landscape; 2024-2032

Global Commerce Cloud Market Outlook

The global commerce cloud market size is anticipated to expand from USD 14.52 billion in 2023 to USD 86.93 billion by 2032, growing at a CAGR of 22% between 2024 and 2032.

 

Commerce Cloud Market

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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.

 

Commerce Cloud Market By Segments

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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.

 

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.

 

Commerce Cloud Market By Region

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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.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
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
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • IBM Corporation    
  • SAP SE 
  • Salesforce, Inc. 
  • Conga
  • Oracle Corp.
  • 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    Opportunities and Challenges in the Market
8    Global Commerce Cloud Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Commerce Cloud Historical Market (2018-2023) 
    8.3    Global Commerce Cloud Market Forecast (2024-2032)
    8.4    Global Commerce Cloud Market by Component
        8.4.1    Platforms 
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
            8.4.1.3    Breakup by Type
                8.4.1.3.1    Business-To-Business
                8.4.1.3.2    Business-To-Customer
        8.4.2    Services 
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
            8.4.2.3    Breakup by Type
                8.4.2.3.1    Training and Consulting
                8.4.2.3.2    Integration and Deployment
                8.4.2.3.3    Support and Maintenance 
    8.5    Global Commerce Cloud Market by Organization Size
        8.5.1    Small and Medium-Sized Businesses 
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Large Enterprises 
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
    8.6    Global Commerce Cloud Market by Application
        8.6.1    Electronics, Furniture, and Bookstores 
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Grocery and Pharmaceutical 
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Automotive  
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Fashion and Apparel  
            8.6.4.1    Historical Trend (2018-2023)
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Quick Service Restaurants  
            8.6.5.1    Historical Trend (2018-2023)
            8.6.5.2    Forecast Trend (2024-2032)
        8.6.6    Travel and Hospitality  
            8.6.6.1    Historical Trend (2018-2023)
            8.6.6.2    Forecast Trend (2024-2032)
        8.6.7    Beauty and Cosmetics 
            8.6.7.1    Historical Trend (2018-2023)
            8.6.7.2    Forecast Trend (2024-2032)
    8.7    Global Commerce Cloud Market by Region     
      8.7.1    North America
          8.7.1.1    Historical Trend (2018-2023) 
          8.7.1.2    Forecast Trend (2024-2032)
      8.7.2    Europe
          8.7.2.1    Historical Trend (2018-2023) 
          8.7.2.2    Forecast Trend (2024-2032)
      8.7.3    Asia Pacific
          8.7.3.1    Historical Trend (2018-2023) 
          8.7.3.2    Forecast Trend (2024-2032)    
      8.7.4    Latin America
          8.7.4.1    Historical Trend (2018-2023) 
          8.7.4.2    Forecast Trend (2024-2032)
      8.7.8    Middle East and Africa
          8.7.8.1    Historical Trend (2018-2023) 
          8.7.8.2    Forecast Trend (2024-2032)
9    North America Commerce Cloud Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Commerce Cloud Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5   Others
11    Asia Pacific Commerce Cloud Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Commerce Cloud Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Commerce Cloud Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    IBM Corporation    
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    SAP SE 
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Salesforce, Inc. 
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Conga
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    Oracle Corp.
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Others
16    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Commerce Cloud Market: Key Industry Highlights, 2018 and 2032
2.    Global Commerce Cloud Historical Market: Breakup by Component (USD Million), 2018-2023
3.    Global Commerce Cloud Market Forecast: Breakup by Component (USD Million), 2024-2032
4.    Global Commerce Cloud Historical Market: Breakup by Organization Size (USD Million), 2018-2023
5.    Global Commerce Cloud Market Forecast: Breakup by Organization Size (USD Million), 2024-2032
6.    Global Commerce Cloud Historical Market: Breakup by Application (USD Million), 2018-2023
7.    Global Commerce Cloud Market Forecast: Breakup by Application (USD Million), 2024-2032
8.    Global Commerce Cloud Historical Market: Breakup by Region (USD Million), 2018-2023
9.    Global Commerce Cloud Market Forecast: Breakup by Region (USD Million), 2024-2032
10.    North America Commerce Cloud Historical Market: Breakup by Country (USD Million), 2018-2023
11.    North America Commerce Cloud Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Europe Commerce Cloud Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Europe Commerce Cloud Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Asia Pacific Commerce Cloud Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Asia Pacific Commerce Cloud Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Latin America Commerce Cloud Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Latin America Commerce Cloud Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Middle East and Africa Commerce Cloud Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Middle East and Africa Commerce Cloud Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Global Commerce Cloud Market Structure

Key Questions Answered in the Report

In 2023, the global commerce cloud market attained a value of nearly USD 14.52 billion.

The market is projected to grow at a CAGR of 22% between 2024 and 2032.

The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach USD 86.93 billion by 2032.

The major drivers of the market include technological advancements and the increasing focus of organisations on optimising the customer experience and operational efficiencies.

The key trends guiding the market include the growing adoption of commerce cloud in the pharmaceuticals sector, the growing awareness regarding the benefits of commerce cloud, and the proliferation of internet companies.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Small and medium-sized businesses and large enterprises are the major organisation sizes of commerce cloud.

The significant components of commerce cloud include platforms and services.

Electronics, furniture, and bookstores, grocery and pharmaceutical, automotive, fashion and apparel, quick service restaurants, travel and hospitality, and beauty and cosmetics are the various applications of commerce cloud.

The key market players are IBM Corporation, SAP SE, Salesforce, Inc., Conga, and Oracle Corp., among others.

Analyst Review

The global commerce cloud market attained a value of USD 14.52 billion in 2023, 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 2024-2032, growing at a CAGR of 22%. The market is projected to reach USD 86.93 billion by 2032.

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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