E-Commerce Industry Growth Fuels Expansion Of The Commerce

Published 12 hours ago• 5 minute read

Commerce Cloud

The Commerce Cloud Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

How Big Is the Commerce Cloud Market Size Expected to Be by 2034?
In recent years, the commerce cloud market has expanded at a swift pace. It is projected to surge from $25.75 billion in 2024 to $30.43 billion in 2025, boasting a compound annual growth rate (CAGR) of 18.2%. The significant growth in the historical period is believed to be due to the rising adoption of e-commerce, an escalating demand for solutions based in the cloud, increased reliance on social media for marketing efforts, greater demand for customized customer experiences, and a surge in the usage of big data analytics.

The size of the commerce cloud market is set to expand significantly in the forthcoming years, with projections indicating a growth to $60.13 billion by 2029, reflecting a compound annual growth rate (CAGR) of 18.6%. The surge in growth during the forecasted period is largely credited to factors such as a rise in the use of artificial intelligence and machine learning, escalating demand for both augmented reality and virtual reality in the e-commerce sector, wider application of secure transactional blockchain technology, an increase in preference for subscription-based models, and a rising demand for environmentally conscious green commerce. Future trends leading this growth are anticipated to be the advent of headless commerce, a surge in demand for microservices architecture, an increased application of progressive web apps, the appearance of unified commerce platforms, and a growing need for hyper-personalization.

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What Are the Emerging Segments Within the Commerce Cloud Market?
The commerce cloud market covered in this report is segmented -

1) By Type: Commerce Cloud Platforms, Commerce Cloud Services
2) By Platform: Business To Business Commerce, Business To Customer Commerce
3) By Service: Training And Consulting, Integration And Deployment, Support And Maintenance
4) By End User: Fashion And Apparel, Pharmaceutical And Grocery, Electronics And Appliances, Food And Beverage

Subsegments:
1) By Commerce Cloud Platforms: B2B Commerce Platforms, B2C Commerce Platforms, marketplace Solutions, Headless Commerce Solutions
2) By Commerce Cloud Services: Implementation Services, Integration Services, Hosting And Infrastructure Services, Analytics And Reporting Services

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What Long-Term Drivers Are Shaping Commerce Cloud Market Trends?
The e-commerce industry's expansion is predicted to stimulate the commerce cloud market's development. This economic sector relies heavily on internet transactions, selling goods and services. Factors like consumer desire for convenience, accessibility, and efficiency in shopping spur the e-commerce industry's growth, which positively influences the adoption of commerce cloud solutions. As the number of businesses opting for online selling to meet customer needs grows, there is a corresponding surge in demand for a robust digital framework to efficiently bolster these operations. For example, the US Census Bureau, a US governmental body, revealed that there was a 7.5% (or 1.4%) increase in e-commerce estimates in the second quarter of 2023 compared to the second quarter of 2022. Concurrently, overall retail sales experienced a 0.6% (or 0.4%) uptick. Online stores made a considerable 15.4% of all sales in the same quarter in 2023. Therefore, the surge in e-commerce industry growth across diverse nations is fostering the commerce cloud market's expansion.

Who Are the Top Competitors in Key Commerce Cloud Market Segments?
Major companies operating in the commerce cloud market are Google LLC, Alibaba Group Holding Limited, Amazon Web Services, IBM Coporation, Oracle Corporation, SAP SE, Salesforce.com Inc., Adobe, HCL Technologies, Shopify Inc., Magento (Adobe) Inc., Episerver, Sitecore, Digital River Inc., BigCommerce Pty Ltd., Optimizely Inc., VTEX, Commercetools, Apttus Corporation, Kibo Commerce, Lightwell Inc, Voyado Lund AB, Elastic Path, Shopgate, Squareup eCommerce, TradeGecko.

What Are the Latest Developing Trends in the Commerce Cloud Market?
Key players in the commerce cloud market, such as Einstein GPT, are advancing through technological innovation to elevate market demand. Einstein GPT is fueled by a compilation of models from top generative AI contributors in the field and the AI research conducted by Salesforce. For instance, Salesforce Inc., an American software entity, unveiled the Einstein GPT in March 2023. This innovative AI tool aids customers in automating and personalizing recommendations within Commerce Cloud. It is a versatile tool which can be utilized for training, deriving insights, and data analysis. It can also be embedded with various Salesforce applications, and used extensively across multiple Salesforce clouds including marketing, sales and commerce. The seamless integration with Salesforce CRM combines its robust features with the sophistication of advanced AI capabilities.

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Which Regions Are Becoming Hubs for Commerce Cloud Market Innovation?
North America was the largest region in the commerce cloud market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the commerce cloud market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Commerce Cloud Market?
2. What is the CAGR expected in the Commerce Cloud Market?
3. What Are the Key Innovations Transforming the Commerce Cloud Industry?
4. Which Region Is Leading the Commerce Cloud Market?

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