digital commerce platform Market

MARKET INTRODUCTION

Digital commerce platforms facilitate purchasing transactions over the Web, and support the creation and development of customer relationships across multiple retail, wholesale, mobile, direct and indirect sales, call center, and digital sales channels. Increasing preference of consumers towards online shopping is propelling the demand for digital commerce globally. Digital commerce helps organizations to generate revenue through digital channels by incorporating mobile commerce and mobile payments.

MARKET DYNAMICS

The rapid prominence of the e-commerce industry coupled with enhanced customer experiences are anticipated to be the major driving factors for the digital commerce platform market. Complex functional integrations are anticipated to pose unique challenges to the growth of digital commerce platform market in the coming years. However, the growing prominence in the developing countries would provide good opportunities to the players operating in the digital commerce platform market.

MARKET SCOPE

The "Global Digital Commerce Platform Market Analysis to 2028" is a specialized and in-depth study of the technology, media, and telecommunication industry with a special focus on the global market trend analysis. The report aims to provide an overview of the digital commerce platform market with detailed market segmentation by product type, application, and geography. The global digital commerce platform market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading digital commerce platform market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global digital commerce platform market is segmented on the basis of product type and application. Based on product type, the digital commerce platform market is segmented into Business to Consumer (B2C), Business to Business (B2B), Consumer to Business (C2B), and Consumer to Consumer (C2C). The digital commerce platform market on the basis of the application is classified into BFSI, retail, IT and telecommunication, travel and tourism, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global digital commerce platform market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The digital commerce platform market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the digital commerce platform market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's Five Forces analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the digital commerce platform in these regions.

MARKET PLAYERS

The reports cover key developments in the digital commerce platform market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from digital commerce platform market are anticipated to lucrative growth opportunities in the future with the rising demand for digital commerce platform in the global market. Below mentioned is the list of few companies engaged in the digital commerce platform market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the digital commerce platform market. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of the last 3 years, the key development in the past five years.

- Demandware (Salesforce.com)
- Digital River, Inc.
- HCL Technologies Limited
- IBM Corporation
- Kooomo, SaaS Ltd
- Magento
- Netsuite, Inc.
- Oracle Corporation
- SAPHybris
- Sappi Limited

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.