Digital Commerce Platform Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
MARKET INTRODUCTION Naveen Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
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 2031" 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.
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 2021 to 2031 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.
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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 2021 to 2031 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.
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Digital Commerce Platform Market - By Product Type
1.3.2 Digital Commerce Platform Market - By Application
1.3.3 Digital Commerce Platform Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. DIGITAL COMMERCE PLATFORM MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. DIGITAL COMMERCE PLATFORM MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. DIGITAL COMMERCE PLATFORM MARKET - GLOBAL MARKET ANALYSIS
6.1. DIGITAL COMMERCE PLATFORM - GLOBAL MARKET OVERVIEW
6.2. DIGITAL COMMERCE PLATFORM - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. DIGITAL COMMERCE PLATFORM MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. BUSINESS TO CONSUMER (B2C)
7.3.1. Overview
7.3.2. Business to Consumer (B2C) Market Forecast and Analysis
7.4. BUSINESS TO BUSINESS (B2B)
7.4.1. Overview
7.4.2. Business to Business (B2B) Market Forecast and Analysis
7.5. CONSUMER TO BUSINESS (C2B)
7.5.1. Overview
7.5.2. Consumer to Business (C2B) Market Forecast and Analysis
7.6. CONSUMER TO CONSUMER (C2C)
7.6.1. Overview
7.6.2. Consumer to Consumer (C2C) Market Forecast and Analysis
8. DIGITAL COMMERCE PLATFORM MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. BFSI
8.3.1. Overview
8.3.2. BFSI Market Forecast and Analysis
8.4. RETAIL
8.4.1. Overview
8.4.2. Retail Market Forecast and Analysis
8.5. IT AND TELECOMMUNICATION
8.5.1. Overview
8.5.2. IT and Telecommunication Market Forecast and Analysis
8.6. TRAVEL AND TOURISM
8.6.1. Overview
8.6.2. Travel and Tourism Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. DIGITAL COMMERCE PLATFORM MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Digital Commerce Platform Market Overview
9.1.2 North America Digital Commerce Platform Market Forecasts and Analysis
9.1.3 North America Digital Commerce Platform Market Forecasts and Analysis - By Product Type
9.1.4 North America Digital Commerce Platform Market Forecasts and Analysis - By Application
9.1.5 North America Digital Commerce Platform Market Forecasts and Analysis - By Countries
9.1.5.1 United States Digital Commerce Platform Market
9.1.5.1.1 United States Digital Commerce Platform Market by Product Type
9.1.5.1.2 United States Digital Commerce Platform Market by Application
9.1.5.2 Canada Digital Commerce Platform Market
9.1.5.2.1 Canada Digital Commerce Platform Market by Product Type
9.1.5.2.2 Canada Digital Commerce Platform Market by Application
9.1.5.3 Mexico Digital Commerce Platform Market
9.1.5.3.1 Mexico Digital Commerce Platform Market by Product Type
9.1.5.3.2 Mexico Digital Commerce Platform Market by Application
9.2. EUROPE
9.2.1 Europe Digital Commerce Platform Market Overview
9.2.2 Europe Digital Commerce Platform Market Forecasts and Analysis
9.2.3 Europe Digital Commerce Platform Market Forecasts and Analysis - By Product Type
9.2.4 Europe Digital Commerce Platform Market Forecasts and Analysis - By Application
9.2.5 Europe Digital Commerce Platform Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Digital Commerce Platform Market
9.2.5.1.1 Germany Digital Commerce Platform Market by Product Type
9.2.5.1.2 Germany Digital Commerce Platform Market by Application
9.2.5.2 France Digital Commerce Platform Market
9.2.5.2.1 France Digital Commerce Platform Market by Product Type
9.2.5.2.2 France Digital Commerce Platform Market by Application
9.2.5.3 Italy Digital Commerce Platform Market
9.2.5.3.1 Italy Digital Commerce Platform Market by Product Type
9.2.5.3.2 Italy Digital Commerce Platform Market by Application
9.2.5.4 United Kingdom Digital Commerce Platform Market
9.2.5.4.1 United Kingdom Digital Commerce Platform Market by Product Type
9.2.5.4.2 United Kingdom Digital Commerce Platform Market by Application
9.2.5.5 Russia Digital Commerce Platform Market
9.2.5.5.1 Russia Digital Commerce Platform Market by Product Type
9.2.5.5.2 Russia Digital Commerce Platform Market by Application
9.2.5.6 Rest of Europe Digital Commerce Platform Market
9.2.5.6.1 Rest of Europe Digital Commerce Platform Market by Product Type
9.2.5.6.2 Rest of Europe Digital Commerce Platform Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Digital Commerce Platform Market Overview
9.3.2 Asia-Pacific Digital Commerce Platform Market Forecasts and Analysis
9.3.3 Asia-Pacific Digital Commerce Platform Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific Digital Commerce Platform Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Digital Commerce Platform Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Digital Commerce Platform Market
9.3.5.1.1 Australia Digital Commerce Platform Market by Product Type
9.3.5.1.2 Australia Digital Commerce Platform Market by Application
9.3.5.2 China Digital Commerce Platform Market
9.3.5.2.1 China Digital Commerce Platform Market by Product Type
9.3.5.2.2 China Digital Commerce Platform Market by Application
9.3.5.3 India Digital Commerce Platform Market
9.3.5.3.1 India Digital Commerce Platform Market by Product Type
9.3.5.3.2 India Digital Commerce Platform Market by Application
9.3.5.4 Japan Digital Commerce Platform Market
9.3.5.4.1 Japan Digital Commerce Platform Market by Product Type
9.3.5.4.2 Japan Digital Commerce Platform Market by Application
9.3.5.5 South Korea Digital Commerce Platform Market
9.3.5.5.1 South Korea Digital Commerce Platform Market by Product Type
9.3.5.5.2 South Korea Digital Commerce Platform Market by Application
9.3.5.6 Rest of Asia-Pacific Digital Commerce Platform Market
9.3.5.6.1 Rest of Asia-Pacific Digital Commerce Platform Market by Product Type
9.3.5.6.2 Rest of Asia-Pacific Digital Commerce Platform Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Digital Commerce Platform Market Overview
9.4.2 Middle East and Africa Digital Commerce Platform Market Forecasts and Analysis
9.4.3 Middle East and Africa Digital Commerce Platform Market Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa Digital Commerce Platform Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Digital Commerce Platform Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Digital Commerce Platform Market
9.4.5.1.1 South Africa Digital Commerce Platform Market by Product Type
9.4.5.1.2 South Africa Digital Commerce Platform Market by Application
9.4.5.2 Saudi Arabia Digital Commerce Platform Market
9.4.5.2.1 Saudi Arabia Digital Commerce Platform Market by Product Type
9.4.5.2.2 Saudi Arabia Digital Commerce Platform Market by Application
9.4.5.3 U.A.E Digital Commerce Platform Market
9.4.5.3.1 U.A.E Digital Commerce Platform Market by Product Type
9.4.5.3.2 U.A.E Digital Commerce Platform Market by Application
9.4.5.4 Rest of Middle East and Africa Digital Commerce Platform Market
9.4.5.4.1 Rest of Middle East and Africa Digital Commerce Platform Market by Product Type
9.4.5.4.2 Rest of Middle East and Africa Digital Commerce Platform Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Digital Commerce Platform Market Overview
9.5.2 South and Central America Digital Commerce Platform Market Forecasts and Analysis
9.5.3 South and Central America Digital Commerce Platform Market Forecasts and Analysis - By Product Type
9.5.4 South and Central America Digital Commerce Platform Market Forecasts and Analysis - By Application
9.5.5 South and Central America Digital Commerce Platform Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Digital Commerce Platform Market
9.5.5.1.1 Brazil Digital Commerce Platform Market by Product Type
9.5.5.1.2 Brazil Digital Commerce Platform Market by Application
9.5.5.2 Argentina Digital Commerce Platform Market
9.5.5.2.1 Argentina Digital Commerce Platform Market by Product Type
9.5.5.2.2 Argentina Digital Commerce Platform Market by Application
9.5.5.3 Rest of South and Central America Digital Commerce Platform Market
9.5.5.3.1 Rest of South and Central America Digital Commerce Platform Market by Product Type
9.5.5.3.2 Rest of South and Central America Digital Commerce Platform Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. DIGITAL COMMERCE PLATFORM MARKET, KEY COMPANY PROFILES
11.1. DEMANDWARE (SALESFORCE.COM)
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. DIGITAL RIVER, INC.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. HCL TECHNOLOGIES LIMITED
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. IBM CORPORATION
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. KOOOMO, SAAS LTD
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. MAGENTO
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. NETSUITE, INC.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. ORACLE CORPORATION
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SAPHYBRIS
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. SAPPI LIMITED
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies
1.Demandware (Salesforce.com)
2.Digital River, Inc.
3.HCL Technologies Limited
4.IBM Corporation
5.Kooomo, SaaS Ltd
6.Magento
7.Netsuite, Inc.
8.Oracle Corporation
9.SAPHybris
10.Sappi Limited
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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