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Digital Commerce Software Market Analysis North America, APAC, Europe, South America, Middle East and Africa - US, China, UK, Japan, Germany - Size and Forecast 2024-2028

Digital Commerce Software Market Analysis North America, APAC, Europe, South America, Middle East and Africa - US, China, UK, Japan, Germany - Size and Forecast 2024-2028

Published: Jul 2024 139 Pages SKU: IRTNTR72417

Market Overview at a Glance

$4.82 B
Market Opportunity
10.03%
CAGR
8.88
YoY growth 2023-2024(%)

Digital Commerce Software Market Size 2024-2028

The digital commerce software market size is forecast to increase by USD 4.82 billion at a CAGR of 10.03% between 2023 and 2028.

  • The market is experiencing significant growth due to the expanding e-commerce industry. Social media's increasing role in online sales is another key trend, as businesses leverage these platforms to reach larger customer bases. Data privacy and security concerns, however, pose challenges for market growth. As more consumers shop online, ensuring their personal information is protected becomes a top priority for businesses. Market growth is further fueled by advancements in technology, such as AI and machine learning, which enhance the customer experience and streamline operations. The market is expected to continue its growth trajectory, with these trends and challenges shaping its future development.

    • What will be the Size of the Digital Commerce Software Market During the Forecast Period?

    Digital Commerce Software Market Size

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  • The market is experiencing robust growth, driven by the increasing prevalence of online shopping and the proliferation of e-commerce platforms. With the widespread adoption of high-speed internet and the growing number of mobile users, m-commerce, or mobile commerce, has become a significant segment of the e-commerce industry. Smartphones have emerged as the preferred device for online shopping, particularly in sectors such as electronics, healthcare, and retail. Cloud-based deployment models have gained traction due to their flexibility and cost-effectiveness, enabling small and medium-sized businesses to establish an online presence. Manual processing errors are being replaced by advanced AI technologies, enhancing efficiency and accuracy.
  • The e-commerce business landscape is diverse, encompassing e-commerce website builders, hosting services, and payment gateways. Big data analytics and AI are transforming the industry by providing valuable insights into consumer behavior and market trends. The automotive sector is also embracing e-commerce, with online platforms offering vehicle sales, servicing, and financing. The internet penetration rate continues to increase, fueling the growth of the e-commerce industry and creating new opportunities for businesses.

    • How is this Digital Commerce Software Industry segmented and which is the largest segment?

    The digital commerce software industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

    • Deployment
      • On-premises
      • Cloud
    • Geography
      • North America
        • US
      • APAC
        • China
        • Japan
      • Europe
        • Germany
        • UK
      • South America
        • Middle East and Africa

        By Deployment Insights

        • The on-premises segment is estimated to witness significant growth during the forecast period.

        Digital commerce software enables businesses to establish an online presence and facilitate transactions through e-commerce platforms, mobile commerce (m-commerce), and online marketplaces. The market encompasses various sectors, including electronics, healthcare, automotive, and retail. High-speed internet and smartphones have fueled the growth of this industry, with increasing internet penetration rates and mobile users. E-commerce software caters to both B2B and B2C businesses, offering cloud-based deployment and omni-channel strategies. On-premises digital commerce software is installed on a business's native IT infrastructure, providing physical control over the system. However, integration with existing business management software like ERP can pose challenges, such as duplicate data entries, interface issues, and customization expenses.

        Despite these challenges, on-premises solutions offer benefits like increased control and security. Other digital commerce trends include advanced security features, AI integration, and IoT applications. The e-commerce market continues to evolve, with cloud computing, big data analytics, and blockchain technology shaping the industry's future.

        Digital Commerce Software Market Size

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        The On-premises segment was valued at USD 3.44 billion in 2018 and showed a gradual increase during the forecast period.

        Regional Analysis

        • North America is estimated to contribute 41% to the growth of the global market during the forecast period.

        Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

        Digital Commerce Software Market Share by Geography

        For more insights on the market share of various regions, Request Free Sample

        The e-commerce software market in North America is experiencing substantial growth due to the rising number of online shopping transactions. Major digital commerce software companies, including Adobe, Oracle, Salesforce, IBM, Blue Yonder, Shopify, and Pitney Bowes, headquartered In the region, facilitate easy access and strong distribution networks for customers. The proliferation of high-speed internet, smartphones, and e-commerce platforms have transformed industries such as electronics, healthcare, automotive, and retail, leading to an increase in daily inventory management for retailers. Cloud-based deployment, omni-channel strategies, and mobile apps are key trends driving the market. Customer information security is a critical concern, necessitating advanced security features, such as AI and IoT, to mitigate data security issues.

        Small businesses, grocery stores, and brick-and-mortar stores are also embracing digital platforms, leading to an increase in e-commerce sales and m-commerce. The integration of cloud technology, big data analytics, and network infrastructure is essential for the continued growth of the e-commerce market.

        Market Dynamics

        Our  researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

        What are the key market drivers leading to the rise In the adoption of Digital Commerce Software Industry?

        Growth of the e-commerce industry is the key driver of the market.

      • The e-commerce software market is experiencing significant growth due to the increasing trend of online shopping and the adoption of advanced technologies such as mobile commerce (m-commerce) and cloud-based deployment. With the widespread use of smartphones and high-speed internet, the electronics sector, healthcare, automotive sector, and various other industries are embracing digital platforms for their business operations. E-commerce platforms are essential for retailers to implement omni-channel strategies, which include physical stores, mobile apps, and online platforms. However, the shift to digital commerce also brings challenges such as data security issues and the need for advanced security features to protect customer information.
      • E-commerce sales are expected to continue growing, with m-commerce accounting for a significant portion of these sales. Online marketplaces and cross-border e-commerce are also gaining popularity, driven by AI, IoT, and blockchain technology. Small businesses, including grocery stores and brick-and-mortar stores, are also adopting digital infrastructure to stay competitive. The rise of stay-at-home policies and business strategies such as gift cards and online support have further accelerated the growth of the e-commerce industry. Despite these opportunities, there are challenges such as manual processing errors and the need for secure plugins and configurations. In conclusion, the e-commerce market is undergoing a digital transformation, driven by the increasing number of mobile users and the need for high-speed internet technology.
      • Retailers and e-tailers are adopting digital platforms to cater to the changing consumer behavior and fulfillment requirements. While there are challenges such as data security issues and the need for advanced security features, the benefits of digital commerce far outweigh the costs. The future of e-commerce is bright, with innovations such as AI, Big Data analytics, and network infrastructure set to revolutionize the industry.

        • What are the market trends shaping the Digital Commerce Software Industry?

        Evolving role of social media in e-commerce is the upcoming market trend.

      • The E-commerce software market is experiencing significant growth due to the increasing trend of online shopping and the proliferation of E-commerce platforms. Mobile commerce, or m-commerce, is a major driver of this growth, with high-speed internet and the widespread use of smartphones enabling consumers to shop from anywhere at any time. The electronics sector, healthcare, and automotive industries are among those that have embraced digital platforms, with cloud-based deployment becoming increasingly popular. Omni-channel strategies, which integrate physical stores with online platforms, are also gaining traction. Mobile apps and digital entry barriers, such as doorstep delivery services and cashless transactions, are making shopping more convenient for consumers.
      • However, data security issues and insecure modules, plugins, and configurations pose challenges for e-commerce businesses. E-tailers are focusing on advanced security features to protect customer information and maintain trust. Big Data analytics and AI are being used to improve customer experiences and streamline operations. The healthcare sector is leveraging cloud technology and cloud-based solutions for e-pharmacies and medical equipment sales. The increasing number of mobile users and internet penetration rate are fueling the growth of m-commerce. The apparel and fashion industry, including clothing, bags, accessories, and jewelry, is a major contributor to e-commerce sales. Cross-border e-commerce and online marketplaces are also gaining popularity, with blockchain technology being used to ensure secure transactions.
      • Small businesses, grocery stores, and brick-and-mortar stores are also adopting digital infrastructure to stay competitive. Stay-at-home policies and business strategies, such as gift cards and online support, are helping businesses adapt to changing consumer behaviors. Network infrastructure and cybercrimes are key concerns for the IT sector, which is working to address these challenges through advanced security features and AI-powered threat detection.

        • What challenges does the Digital Commerce Software Industry face during its growth?

        Data privacy and security concerns is a key challenge affecting the industry growth.

      • The market is witnessing significant growth due to the increasing trend of online shopping and the adoption of mobile commerce (m-commerce) by consumers. E-commerce platforms are becoming essential for retailers across various sectors, including electronics, healthcare, automotive, and apparel and fashion, to reach a wider audience and enhance their business strategies. High-speed internet and the widespread use of smartphones have made m-commerce increasingly popular, with mobile users accounting for over half of all e-commerce sales. However, the implementation of digital commerce software comes with its own set of challenges. Retailers need to ensure customer information security, especially in sectors like healthcare and e-pharmacies, to mitigate data security issues.
      • Advanced security features, such as cloud-based deployment and AI, are being integrated into digital platforms to address these concerns. The increasing use of cloud computing and on-premise solutions in digital commerce software has led to the emergence of new opportunities, including cross-border e-commerce and online marketplaces. However, the implementation of these solutions requires significant investment in digital infrastructure and the configuration of various plugins and modules. Despite these challenges, the benefits of digital commerce software, such as doorstep delivery services, cashless transactions, and online support, are driving its adoption among small businesses and large retailers alike. The integration of IoT, blockchain, and big data analytics is also expected to revolutionize the e-commerce industry, providing retailers with valuable insights into consumer behavior and preferences.
      • However, retailers need to be cautious about potential cybercrimes and the security risks associated with digital commerce software. With the increasing number of IoT-connected devices, the vulnerabilities of digital commerce software are increasing, making it essential for retailers to invest in advanced security features and cybersecurity processes. Additionally, retailers need to ensure that their digital platforms are compliant with regulatory requirements and industry standards to maintain customer trust and loyalty. In conclusion, the market is poised for significant growth, driven by the increasing trend of online shopping and the adoption of m-commerce. However, retailers need to address the challenges associated with digital commerce software implementation, including security risks and privacy concerns, to fully leverage its benefits and stay competitive In the market.

        • Exclusive Customer Landscape

        The digital commerce software market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the digital commerce software market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

        Digital Commerce Software Market Share by Geography

         Customer Landscape

        Key Companies & Market Insights

        Companies are implementing various strategies, such as strategic alliances, digital commerce software market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence In the industry.

        Adobe Inc. - A configurable e-commerce platform enables businesses to sell goods and services online on a global scale. This solution caters to various industries, providing customizable features to accommodate diverse product offerings and customer requirements. By leveraging advanced technology, businesses can streamline their online sales processes, manage inventory, and analyze customer data to optimize their digital commerce strategies. This flexible platform empowers companies to expand their customer base and reach new markets, ultimately driving growth and revenue.

        The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:

        • Adobe Inc.
        • Chetu Inc.
        • cleverbridge AG
        • Digital River Inc.
        • eBay Inc.
        • HCL Technologies Ltd.
        • International Business Machines Corp.
        • Intershop Communications AG
        • Kibo Software Inc.
        • Kiva Logic
        • Oracle Corp.
        • PEPPERI Ltd.
        • Salesforce Inc.
        • SAP SE
        • Sappi Ltd.
        • Shopify Inc.
        • Simbirsk Technology Ltd. 
        • Tata Consultancy Services Ltd.
        • Vendio Services LLC
        • Volusion LLC

        Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

        Research Analyst Overview

        The e-commerce software market encompasses a range of digital solutions that enable businesses to establish and manage online stores, process transactions, and engage with customers. These platforms facilitate the buying and selling of goods and services over the internet, with mobile commerce (m-commerce) playing an increasingly significant role due to the widespread use of smartphones and high-speed internet. E-commerce platforms offer various advantages to retailers, including the ability to reach a larger customer base, reduce operational costs, and provide a seamless shopping experience. The electronics sector, among others, has seen significant growth in e-commerce adoption, with many consumers preferring the convenience and accessibility of online shopping.

        Cloud-based deployment has become a popular choice for e-commerce software due to its flexibility and scalability. This technology enables businesses to easily update and manage their online presence, as well as integrate various features such as omni-channel strategies, customer information security, and advanced security features. The healthcare sector is another area where e-commerce software has gained traction, with e-pharmacies and online platforms offering doorstep delivery services and cashless transactions. Digital infrastructure plays a crucial role In the success of these businesses, as they rely on reliable and secure networks to process sensitive customer information. The e-commerce industry is also impacted by various market dynamics, including the increasing penetration of high-speed internet and the growing number of mobile users.

        Retailers are adopting various business strategies, such as offering gift cards, online support, and bulk buying options, to attract and retain customers. The use of artificial intelligence (AI) in e-commerce software is becoming more prevalent, with applications ranging from personalized product recommendations to fraud detection. However, data security issues remain a concern, with insecure modules, plugins, and plugins posing potential risks. The e-commerce market is characterized by a high level of competition, with various players offering a range of solutions catering to different industries and business sizes. Small businesses, grocery stores, and brick-and-mortar stores are increasingly adopting e-commerce platforms to stay competitive and reach new customers.

        The automotive sector is another area where e-commerce is gaining traction, with online marketplaces and cross-border e-commerce enabling businesses to reach a global audience. The integration of IoT, blockchain, and AI technologies is expected to further transform the e-commerce landscape, offering new opportunities and challenges for businesses. In conclusion, the e-commerce software market is a dynamic and evolving industry that offers various benefits to businesses across different sectors. The use of cloud-based technology, AI, and other advanced features is driving innovation and growth, while data security remains a key concern. Retailers are adopting various strategies to attract and retain customers, and the integration of various channels and technologies is enabling them to offer a seamless shopping experience.

        Market Scope

        Report Coverage

        Details

        Page number

        139

        Base year

        2023

        Historic period

        		 2018-2022

        Forecast period

        2024-2028

        Growth momentum & CAGR

        Accelerate at a CAGR of 10.03%

        Market growth 2024-2028

        USD 4821.3 million

        Market structure

        Fragmented

        YoY growth 2023-2024(%)

        8.88

        Key countries

        US, China, UK, Japan, and Germany

        Competitive landscape

        Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

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        What are the Key Data Covered in this Digital Commerce Software Market Research and Growth Report?

        • CAGR of the Digital Commerce Software industry during the forecast period
        • Detailed information on factors that will drive the growth and forecasting between 2024 and 2028
        • Precise estimation of the size of the market and its contribution of the industry in focus to the parent market
        • Accurate predictions about upcoming growth and trends and changes in consumer behaviour
        • Growth of the market across North America, APAC, Europe, South America, and Middle East and Africa
        • Thorough analysis of the market’s competitive landscape and detailed information about companies
        • Comprehensive analysis of factors that will challenge the digital commerce software market growth of industry companies

        We can help! Our analysts can customize this digital commerce software market research report to meet your requirements.

        Get in touch

         

        1 Executive Summary

        • 1.1 Market overview
          • Executive Summary - Chart on Market Overview
          • Executive Summary - Data Table on Market Overview
          • Executive Summary - Chart on Global Market Characteristics
          • Executive Summary - Chart on Market by Geography
          • Executive Summary - Chart on Market Segmentation by Deployment
          • Executive Summary - Chart on Incremental Growth
          • Executive Summary - Data Table on Incremental Growth
          • Executive Summary - Chart on Company Market Positioning

        2 Market Landscape

        • 2.1 Market ecosystem
          • Parent Market
          • Data Table on - Parent Market
        • 2.2 Market characteristics
          • Market characteristics analysis
        • 2.3 Value chain analysis
          • Value Chain Analysis

        3 Market Sizing

        • 3.1 Market definition
          • Offerings of companies included in the market definition
        • 3.2 Market segment analysis
          • Market segments
        • 3.3 Market size 2023
          • 3.4 Market outlook: Forecast for 2023-2028
            • Chart on Global - Market size and forecast 2023-2028 ($ million)
            • Data Table on Global - Market size and forecast 2023-2028 ($ million)
            • Chart on Global Market: Year-over-year growth 2023-2028 (%)
            • Data Table on Global Market: Year-over-year growth 2023-2028 (%)

          4 Historic Market Size

          • 4.1 Global Digital Commerce Software Market 2018 - 2022
            • Historic Market Size - Data Table on Global Digital Commerce Software Market 2018 - 2022 ($ million)
          • 4.2 Deployment segment analysis 2018 - 2022
            • Historic Market Size - Deployment Segment 2018 - 2022 ($ million)
          • 4.3 Geography segment analysis 2018 - 2022
            • Historic Market Size - Geography Segment 2018 - 2022 ($ million)
          • 4.4 Country segment analysis 2018 - 2022
            • Historic Market Size - Country Segment 2018 - 2022 ($ million)

          5 Five Forces Analysis

          • 5.1 Five forces summary
            • Five forces analysis - Comparison between 2023 and 2028
          • 5.2 Bargaining power of buyers
            • Bargaining power of buyers - Impact of key factors 2023 and 2028
          • 5.3 Bargaining power of suppliers
            • Bargaining power of suppliers - Impact of key factors in 2023 and 2028
          • 5.4 Threat of new entrants
            • Threat of new entrants - Impact of key factors in 2023 and 2028
          • 5.5 Threat of substitutes
            • Threat of substitutes - Impact of key factors in 2023 and 2028
          • 5.6 Threat of rivalry
            • Threat of rivalry - Impact of key factors in 2023 and 2028
          • 5.7 Market condition
            • Chart on Market condition - Five forces 2023 and 2028

          6 Market Segmentation by Deployment

          • 6.1 Market segments
            • Chart on Deployment - Market share 2023-2028 (%)
            • Data Table on Deployment - Market share 2023-2028 (%)
          • 6.2 Comparison by Deployment
            • Chart on Comparison by Deployment
            • Data Table on Comparison by Deployment
          • 6.3 On-premises - Market size and forecast 2023-2028
            • Chart on On-premises - Market size and forecast 2023-2028 ($ million)
            • Data Table on On-premises - Market size and forecast 2023-2028 ($ million)
            • Chart on On-premises - Year-over-year growth 2023-2028 (%)
            • Data Table on On-premises - Year-over-year growth 2023-2028 (%)
          • 6.4 Cloud - Market size and forecast 2023-2028
            • Chart on Cloud - Market size and forecast 2023-2028 ($ million)
            • Data Table on Cloud - Market size and forecast 2023-2028 ($ million)
            • Chart on Cloud - Year-over-year growth 2023-2028 (%)
            • Data Table on Cloud - Year-over-year growth 2023-2028 (%)
          • 6.5 Market opportunity by Deployment
            • Market opportunity by Deployment ($ million)
            • Data Table on Market opportunity by Deployment ($ million)

          7 Customer Landscape

          • 7.1 Customer landscape overview
            • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

          8 Geographic Landscape

          • 8.1 Geographic segmentation
            • Chart on Market share by geography 2023-2028 (%)
            • Data Table on Market share by geography 2023-2028 (%)
          • 8.2 Geographic comparison
            • Chart on Geographic comparison
            • Data Table on Geographic comparison
          • 8.3 North America - Market size and forecast 2023-2028
            • Chart on North America - Market size and forecast 2023-2028 ($ million)
            • Data Table on North America - Market size and forecast 2023-2028 ($ million)
            • Chart on North America - Year-over-year growth 2023-2028 (%)
            • Data Table on North America - Year-over-year growth 2023-2028 (%)
          • 8.4 APAC - Market size and forecast 2023-2028
            • Chart on APAC - Market size and forecast 2023-2028 ($ million)
            • Data Table on APAC - Market size and forecast 2023-2028 ($ million)
            • Chart on APAC - Year-over-year growth 2023-2028 (%)
            • Data Table on APAC - Year-over-year growth 2023-2028 (%)
          • 8.5 Europe - Market size and forecast 2023-2028
            • Chart on Europe - Market size and forecast 2023-2028 ($ million)
            • Data Table on Europe - Market size and forecast 2023-2028 ($ million)
            • Chart on Europe - Year-over-year growth 2023-2028 (%)
            • Data Table on Europe - Year-over-year growth 2023-2028 (%)
          • 8.6 South America - Market size and forecast 2023-2028
            • Chart on South America - Market size and forecast 2023-2028 ($ million)
            • Data Table on South America - Market size and forecast 2023-2028 ($ million)
            • Chart on South America - Year-over-year growth 2023-2028 (%)
            • Data Table on South America - Year-over-year growth 2023-2028 (%)
          • 8.7 Middle East and Africa - Market size and forecast 2023-2028
            • Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
            • Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
            • Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
            • Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
          • 8.8 US - Market size and forecast 2023-2028
            • Chart on US - Market size and forecast 2023-2028 ($ million)
            • Data Table on US - Market size and forecast 2023-2028 ($ million)
            • Chart on US - Year-over-year growth 2023-2028 (%)
            • Data Table on US - Year-over-year growth 2023-2028 (%)
          • 8.9 China - Market size and forecast 2023-2028
            • Chart on China - Market size and forecast 2023-2028 ($ million)
            • Data Table on China - Market size and forecast 2023-2028 ($ million)
            • Chart on China - Year-over-year growth 2023-2028 (%)
            • Data Table on China - Year-over-year growth 2023-2028 (%)
          • 8.10 UK - Market size and forecast 2023-2028
            • Chart on UK - Market size and forecast 2023-2028 ($ million)
            • Data Table on UK - Market size and forecast 2023-2028 ($ million)
            • Chart on UK - Year-over-year growth 2023-2028 (%)
            • Data Table on UK - Year-over-year growth 2023-2028 (%)
          • 8.11 Japan - Market size and forecast 2023-2028
            • Chart on Japan - Market size and forecast 2023-2028 ($ million)
            • Data Table on Japan - Market size and forecast 2023-2028 ($ million)
            • Chart on Japan - Year-over-year growth 2023-2028 (%)
            • Data Table on Japan - Year-over-year growth 2023-2028 (%)
          • 8.12 Germany - Market size and forecast 2023-2028
            • Chart on Germany - Market size and forecast 2023-2028 ($ million)
            • Data Table on Germany - Market size and forecast 2023-2028 ($ million)
            • Chart on Germany - Year-over-year growth 2023-2028 (%)
            • Data Table on Germany - Year-over-year growth 2023-2028 (%)
          • 8.13 Market opportunity by geography
            • Market opportunity by geography ($ million)
            • Data Tables on Market opportunity by geography ($ million)

          9 Drivers, Challenges, and Opportunity/Restraints

          • 9.1 Market drivers
            • 9.2 Market challenges
              • 9.3 Impact of drivers and challenges
                • Impact of drivers and challenges in 2023 and 2028
              • 9.4 Market opportunities/restraints

                10 Competitive Landscape

                • 10.1 Overview
                  • 10.2 Competitive Landscape
                    • Overview on criticality of inputs and factors of differentiation
                  • 10.3 Landscape disruption
                    • Overview on factors of disruption
                  • 10.4 Industry risks
                    • Impact of key risks on business

                  11 Competitive Analysis

                  • 11.1 Companies profiled
                    • Companies covered
                  • 11.2 Market positioning of companies
                    • Matrix on companies position and classification
                  • 11.3 cleverbridge AG
                    • cleverbridge AG - Overview
                    • cleverbridge AG - Product / Service
                    • cleverbridge AG - Key offerings
                  • 11.4 Digital River Inc.
                    • Digital River Inc. - Overview
                    • Digital River Inc. - Product / Service
                    • Digital River Inc. - Key news
                    • Digital River Inc. - Key offerings
                  • 11.5 eBay Inc.
                    • eBay Inc. - Overview
                    • eBay Inc. - Product / Service
                    • eBay Inc. - Key news
                    • eBay Inc. - Key offerings
                  • 11.6 HCL Technologies Ltd.
                    • HCL Technologies Ltd. - Overview
                    • HCL Technologies Ltd. - Business segments
                    • HCL Technologies Ltd. - Key news
                    • HCL Technologies Ltd. - Key offerings
                    • HCL Technologies Ltd. - Segment focus
                  • 11.7 Intershop Communications AG
                    • Intershop Communications AG - Overview
                    • Intershop Communications AG - Product / Service
                    • Intershop Communications AG - Key offerings
                  • 11.8 Oracle Corp.
                    • Oracle Corp. - Overview
                    • Oracle Corp. - Business segments
                    • Oracle Corp. - Key news
                    • Oracle Corp. - Key offerings
                    • Oracle Corp. - Segment focus
                  • 11.9 Salesforce Inc.
                    • Salesforce Inc. - Overview
                    • Salesforce Inc. - Product / Service
                    • Salesforce Inc. - Key news
                    • Salesforce Inc. - Key offerings
                  • 11.10 Sappi Ltd.
                    • Sappi Ltd. - Overview
                    • Sappi Ltd. - Product / Service
                    • Sappi Ltd. - Key offerings
                  • 11.11 Tata Consultancy Services Ltd.
                    • Tata Consultancy Services Ltd. - Overview
                    • Tata Consultancy Services Ltd. - Business segments
                    • Tata Consultancy Services Ltd. - Key news
                    • Tata Consultancy Services Ltd. - Key offerings
                    • Tata Consultancy Services Ltd. - Segment focus
                  • 11.12 Volusion LLC
                    • Volusion LLC - Overview
                    • Volusion LLC - Product / Service
                    • Volusion LLC - Key offerings

                  12 Appendix

                  • 12.1 Scope of the report
                    • 12.2 Inclusions and exclusions checklist
                      • Inclusions checklist
                      • Exclusions checklist
                    • 12.3 Currency conversion rates for US$
                      • Currency conversion rates for US$
                    • 12.4 Research methodology
                      • Research methodology
                    • 12.5 Data procurement
                      • Information sources
                    • 12.6 Data validation
                      • Data validation
                    • 12.7 Validation techniques employed for market sizing
                      • Validation techniques employed for market sizing
                    • 12.8 Data synthesis
                      • Data synthesis
                    • 12.9 360 degree market analysis
                      • 360 degree market analysis
                    • 12.10 List of abbreviations
                      • List of abbreviations

                    Research Methodology

                    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                    INFORMATION SOURCES

                    Primary sources

                    • Manufacturers and suppliers
                    • Channel partners
                    • Industry experts
                    • Strategic decision makers

                    Secondary sources

                    • Industry journals and periodicals
                    • Government data
                    • Financial reports of key industry players
                    • Historical data
                    • Press releases

                    DATA ANALYSIS

                    Data Synthesis

                    • Collation of data
                    • Estimation of key figures
                    • Analysis of derived insights

                    Data Validation

                    • Triangulation with data models
                    • Reference against proprietary databases
                    • Corroboration with industry experts

                    REPORT WRITING

                    Qualitative

                    • Market drivers
                    • Market challenges
                    • Market trends
                    • Five forces analysis

                    Quantitative

                    • Market size and forecast
                    • Market segmentation
                    • Geographical insights
                    • Competitive landscape

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                    Frequently Asked Questions

                    Digital Commerce Software market growth will increase by $ 4821.3 mn during 2024-2028.

                    The Digital Commerce Software market is expected to grow at a CAGR of 10.03% during 2024-2028.

                    Digital Commerce Software market is segmented by Deployment( On-premises, Cloud)

                    Adobe Inc., Chetu Inc., cleverbridge AG, Digital River Inc., eBay Inc., HCL Technologies Ltd., International Business Machines Corp., Intershop Communications AG, Kibo Software Inc., Kiva Logic, Oracle Corp., PEPPERI Ltd., Salesforce Inc., SAP SE, Sappi Ltd., Shopify Inc., Simbirsk Technology Ltd. , Tata Consultancy Services Ltd., Vendio Services LLC, Volusion LLC are a few of the key vendors in the Digital Commerce Software market.

                    North America will register the highest growth rate of 41% among the other regions. Therefore, the Digital Commerce Software market in North America is expected to garner significant business opportunities for the vendors during the forecast period.

                    US, China, UK, Japan, Germany

                    • Growth of the e-commerce industryThe growth of the e-commerce industry and its changing fulfillment requirements are the key factors leading to the rise in the demand for digital commerce software. The expedited delivery time of online orders in a competitive market is increasing pressure on retailers and businesses to adopt technological systems for efficient retail management. The e-commerce industry is expected to witness high growth in the coming years is the driving factor this market.
                    • owing to the increasing number of online shoppers. For instance is the driving factor this market.
                    • in 2019 is the driving factor this market.
                    • Amazons Prime Day event resulted in the sales of more than 175 million items. According to the company is the driving factor this market.
                    • its customers purchased more than $2 billion worth of products from independent small and medium-sized businesses. Also is the driving factor this market.
                    • the company said that it added more new Prime members on July 15 is the driving factor this market.
                    • 2020 than it ever has before on a single day. This indicates the significant growth of the e-commerce industry in recent years. In addition is the driving factor this market.
                    • the increasing number of online channels is influencing consumers purchasing behavior and increasing pressure on retailers to adopt omnichannel retailing.The significant shift in consumers purchasing behavior has given rise to the deployment of digital commerce software for efficient inventory management is the driving factor this market.
                    • order processing is the driving factor this market.
                    • selecting is the driving factor this market.
                    • packaging is the driving factor this market.
                    • and further shipment planning. Digital commerce software enables end-users to adopt changes quickly as per the evolving customer requirements. Furthermore is the driving factor this market.
                    • the implementation of digital commerce software helps in increasing the productivity and efficiency of retail operations. Therefore is the driving factor this market.
                    • with the growth of the e-commerce industry is the driving factor this market.
                    • changes in the competitive landscape will drive end-users to use advanced fulfillment techniques and solutions is the driving factor this market.
                    • which is the driving factor this market.
                    • in turn is the driving factor this market.
                    • will increase the demand for digital commerce software during the forecast period. is the driving factor this market.

                    The Digital Commerce Software market vendors should focus on grabbing business opportunities from the On-premises segment as it accounted for the largest market share in the base year.