Global Commerce Cloud Market Growth (Status and Outlook) 2023-2029

Global Commerce Cloud Market Growth (Status and Outlook) 2023-2029

Commerce cloud platforms provide an enhanced consumer experience across channels, such as mobile, social media, website, and offline stores. It enables a single shared view of customer activity, inventory, products, and promotions that reduce the time needed to synchronize distinct data sources. Moreover, commerce cloud provides capabilities, such as an open development environment. These capabilities aid retail providers in simplified customizations and extended commerce.

LPI (LP Information)' newest research report, the “Commerce Cloud Industry Forecast” looks at past sales and reviews total world Commerce Cloud sales in 2022, providing a comprehensive analysis by region and market sector of projected Commerce Cloud sales for 2023 through 2029. With Commerce Cloud sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Commerce Cloud industry.

This Insight Report provides a comprehensive analysis of the global Commerce Cloud landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Commerce Cloud portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Commerce Cloud market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Commerce Cloud and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Commerce Cloud.

The global Commerce Cloud market size is projected to grow from US$ 13120 million in 2022 to US$ 46190 million in 2029; it is expected to grow at a CAGR of 19.7% from 2023 to 2029.

United States market for Commerce Cloud is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Commerce Cloud is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Commerce Cloud is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Commerce Cloud players cover Salesforce, Oracle, IBM, SAP, Apttus, Episerver, Magento (Adobe), Shopify and Elastic Path, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Commerce Cloud market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Commerce Cloud Platforms
Commerce Cloud Services

Segmentation by application
Small and Medium-Sized Businesses
Large Enterprises

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Salesforce
Oracle
IBM
SAP
Apttus
Episerver
Magento (Adobe)
Shopify
Elastic Path
BigCommerce
Digital River
VTEX
Commercetools
Kibo Commerce
Sitecore

Please note: The report will take approximately 2 business days to prepare and deliver.