Global Market of Digital Commerce Platform to attain steady growth with rapid CAGR of 14.8% during 2016-2024

Published on : Feb 22, 2017

Albany, New York, February 22, 2017: With massive developments in Digital commerce platform and increasing demand for internet-based commerce in retail, the digital commerce market is expected to experience high growth in the coming decades. To explore this market growth and trends, a precise analysis can be found in a new report added to the Market Research Hub (MRH) vast database and is titled as “Digital Commerce Platform Market”- Forecast 2016-2024. The report finds that the global market of digital commerce platform is likely to increase at the CAGR of 14.8% within a forecast period from 2016-2024.

Geographically, the report offers a comprehensive analysis of some of the factors supporting the development of the market worldwide. It also includes the rise of digital commerce and improved technological investment the cloud in developed regions such as North America, Europe, Asia-pacific, Middle East and Africa, South America.

Digital commerce is the selling and buying of goods and services using the Internet, mobile network systems and commerce infrastructure. Digital commerce includes the marketing activities that support these arrangements, comprising public, processes and technologies to perform the offering of growth content, promotion, analytics, pricing, customer procurement and holding, and experience of the customer at all touchpoints throughout the buying journey of consumers.

This report intends to offer an inclusive strategic study of the global digital commerce platform market along with growth and revenue forecasts for the period from 2014 to 2024. The research study on the global digital commerce platform market delivers a comprehensive analysis on digital commerce platform positioned for dissimilar applications by end-users depending upon their requirements. The report study describes the perception within each market sector across numerous geographies, and how these sectors have boosted the development of the market as a whole.

The report covers a detailed analysis of the underlying economic and technological aspects persuading the digital commerce platform market development. The report provides an in-depth analysis of the market drivers and growth prospects.

The global digital commerce platform market is analyzed by numerous segments. These are profiles below;

In terms of business model segment, the market is classified into;

  1. Business to consumer (B2C),
  2. Business to business (B2B),
  3. Consumer to business (C2B),
  4. Consumer to consumer (C2C).

The deployment model includes; On-premise, Software as a service, Fully Managed and Open source. On the basis of end-users, it split into; BFSI, Retail, IT and Telecommunication, Airline & Travel and others (entertainment, education etc.)

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The key companies described in this report, it includes Oracle Corporation, IBM Corp., Hybris AG, Demandware Inc., Digital River Inc., Magento, Inc., CloudCraze Software LLC, NetSuite Inc., Elastic Path Software Inc., Apttus Corporation, among others.

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