The Global Digital Commerce Platform Market is expected to register a CAGR of around 13% over the period of 2021-2027. Digital commerce platforms are the core technology that enables customers to purchase goods and services through an interactive and self-service experience. The platform provides necessary information for customers to make their buying decisions and uses rules and data to present fully priced orders for payment the global digital commerce platform has witnessed extraordinary gains, attributed to growing internet literacy around the globe, and growing internet usage. As the world becomes increasingly digitized, demand for virtual platforms for easy business conduct is driving companies to encourage online commerce platforms. As the COVID-19 pandemic intensifies, businesses are effectively leveraging on-premises and cloud-based digital commerce solutions to sustain their businesses. Furthermore, growth is likely to perpetuate even in the post-pandemic scenario.

𝐓𝐨 𝐆𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐟𝐮𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 - https://univdatos.com/get-a-free-sample-form-php/?product_id=35167

 According to UnivDatos Market Insights (UMI)’ research report “global digital commerce platform market”, the market is expected to witness robust growth during the forecast period 2021-2027F.  Increasing demand for digital commerce has prompted enterprises to invest in new digital business designs, in order to enhance customer experience. Companies are exploiting the benefits of social media platforms, in order to gather more information about customers and serve them better by understanding customer satisfaction. Digital commerce has transformed customer experience in terms of accessibility and visibility.

Based on business model, the market is segmented into, business to consumer, consumer to business, business to business, and consumer to consumer and others. The business-to-consumer segment was a highly preferred business model in digital commerce and accounted for the total market revenue. The main reason for this growth is the low supply cost and easier implementation than traditional sources of business. Furthermore, it becomes easier for companies to penetrate the consumer market as they can collect a plethora of consumer data that they can use for customer retention and new product development.

𝐓𝐨 𝐆𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐟𝐮𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 - https://univdatos.com/get-a-free-sample-form-php/?product_id=35167

Based on deployment, the market is segmented into on-premises and cloud. The cloud segment is expected to grow significantly during the forecast period. The growth of the cloud segment can be attributed to factors such as less capital investment, easier deployment options, and greater data security. Furthermore, the application and data deployed on the cloud platforms are accessible from anywhere which is expected to drive its demand during the forecast period.

Based on the Browsing method, the market is segmented into desktop/laptop and mobile/tablet. The mobile/tablet market is expected to grow exponentially during the forecast period, owing to technological advancements, the number of people who can afford electronics such as smartphones has increased considerably over the past few years. For instance, according to oberlo.in, there are around 6.8 billion smartphone users around the world in the year 2023. Moreover, access to the internet has surged in the past few years, which is why a larger number of people are able to shop online.

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North America to witness extensive growth

North America is expected to remain a profitable and the largest digital commerce market, attributed to deepening internet penetration and access to smart devices. For instance, around 70% of households have multiple streaming subscription services in the U.S. Also, demand for software maintenance, design, and implementation services is increasing, generating green spaces for key vendors in the U.S. The market expansion in the U.S. is being driven by a large existing base of digital media users, growing usage of smartphones and high-speed data networks, and internet services.

According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the global digital commerce platform market are by Shopify Inc, SAP SE, Oracle, Adobe, Salesforce Inc., WooCommerce, Sitecore, Kentico Software, Unilog, Inc., and IBM Corporation.

“Global Digital commerce platform Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.      

Market Segmentation:

1.     By Business model (Business to consumer, consumer to business, business to business, and consumer to consumer.)

2.     By Deployment (On-Premises and Cloud)

3.     By Browsing type (Desktop/Laptop, & Mobile & Tablet)

4.     By Payment model (Card Payments, Bank Transfers, Digital Wallets, Cash Payments, And Cryptocurrencies)

5.     By End-Use (Food & Beverages, Fashion & apparel, Health & Beauty, Electronics, Automotive, Home & Furniture Media & Entertainment Others.)

6.     By Region (North America, Europe, Asia-Pacific, Rest of the World)

7.     By Company (Shopify Inc, SAP SE, Oracle, Adobe, Salesforce Inc., WooCommerce, Sitecore, Kentico Software, Unilog, Inc., and IBM Corporation)

Key questions answered in the study:

1.     What are the current and future trends of the global construction and design software industry?

2.     How the industry has been evolving in terms of business model, deployment, browsing method, payment method, end-use?

3.     How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.     What are the key growth drivers and challenges for the global digital commerce platform industry?

5.     What is the customer orientation, purchase behavior, and expectations from the global construction and design software suppliers across various region and countries?

Table of Content:-

1 MARKET INTRODUCTION

2 RESEARCH METHODOLOGY OR ASSUMPTION

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 IMPACT OF COVID-19 ON THE DIGITAL COMMERCE PLATFORM MARKET

6 DIGITAL COMMERCE PLATFORM MARKET REVENUE, 2020-2028F

7 MARKET INSIGHTS BY BUSINESS MODEL

8 MARKET INSIGHTS BY DEPLOYMENT

9 MARKET INSIGHTS BY BROWSING METHOD

10 MARKET INSIGHTS BY PAYMENT METHOD

11 MARKET INSIGHTS BY END-USE

12 MARKET INSIGHTS BY REGION

13 DIGITAL COMMERCE PLATFORM MARKET DYNAMICS

14 DIGITAL COMMERCE PLATFORM MARKET OPPORTUNITIES

15 DIGITAL COMMERCE PLATFORM MARKET TRENDS

16 DEMAND AND SUPPLY-SIDE ANALYSIS

17 VALUE CHAIN ANALYSIS

18 COMPETITIVE SCENARIO

19 COMPANY PROFILED

20 DISCLAIMER