Commerce Cloud Market

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Commerce Cloud Market Size Worth USD 84.60
Billion in 2030
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Advancement in technology to help cloud computing
solutions is a key factor driving market revenue
growth
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Our Model
Market Analysis
Financial Analysis
Distribution Channel Analysis
Brand Analysis
Custom Market Intelligence
Competitor Analysis
Product Analysis
Custom Research
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Demand Analysis
Risk Analysis
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Business Plan Parameters
End Use Analysis
Demand Availability Analytics
Market Entry Strategy
Restructuring Revival
New Product Strategy
Product Planning / Strategy
SWOT Analysis
Marketing / Distribution Channel Feasibility
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Customer Identification Survey
Competitive Landscape / MA Feasibility
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Industries We Cater to
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Market Summary
The global commerce cloud market size was USD
12.72 Billion in 2021 and is expected to register
a revenue CAGR of 23.6 during the forecast
period, according to the latest analysis by
Emergen Research. Market revenue growth is
primarily driven by factors such as increasing
widespread acceptance of cloud computing
solutions across sectors. According to a study
conducted in 2019, over 94 of organizations
utilize cloud in some capacity, with 91 of them
using public clouds and 72 using private ones.
In addition, majority of firms use both public
and private clouds, with 69 choosing hybrid
cloud solutions. For example, in June 2020, HCL
Technologies collaborated with Google Cloud and
integrated HCL Commerce with Google Cloud to
support enterprises e-commerce ambitions, Google
Cloud, and HCL Commerce, jointly delivering safe
and elastic infrastructure. HCL plans to use
Anthos to make multi-cloud and hybrid cloud
deployments of HCL Commerce possible.
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Market Summary
Some Key Highlights From the Report The small and
medium-sized segment is expected register a
significant revenue CAGR throughout the forecast
period. Salesforce predicts that Small and
Medium-sized Enterprises (SMEs) will increase
their investments in technology, particularly in
areas such as financial software, security
systems, and customer relationship management
programs. Cloud computing's adaptive design allow
many small and medium-sized enterprises to become
economically viable. SMEs do business more
rapidly and successfully as a result of being
adaptable, fast, and agile. Moreover, cloud
computing allows SMEs to reduce costs, both Capex
and Opex, particularly with respect to IT
resources, power, and energy. Furthermore, cloud
computing significantly lowers cost associated
with purchase and maintenance of physical
hardware as infrastructure is owned, managed, and
maintained by the service provider. The
pharmaceutical e-commerce market witnessed
tremendous pandemic-related growth, as seen by
statistics from CVS, which showed that the
business saw online prescription orders climb by
1,000 during the pandemic's early phases.
Pharmaceutical e-commerce can make it simple,
effective, and transparent to buy prescription
drugs in both B2B and B2C settings. This
inevitably result in higher pharmaceutical vendor
and manufacturer preparation to keep up with and
successfully compete in this rapidly expanding
market. For example, Amazon and Alibaba have
disclosed large investments in their online
pharmaceutical operations during the past year.
Through Amazon, the platform of online retailer,
patients obtain prescription medications.
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Market Summary
Emergen Research has segmented the global
commerce cloud market based on component,
organization size, application, and
region Component Outlook (Revenue, USD Billion
2019-2030) Platform Business to Business
(B2B) Business to Customer (B2C) Service Consultin
g Integration Deployment Support
Maintenance Organization Size Outlook (Revenue,
USD Billion 2019-2030) Large Enterprises Small
Medium Enterprises (SMEs) Read More_at_
https//www.emergenresearch.com/industry-report/co
mmerce-cloud-market
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Parameter Details
Market Size Estimation Period 2020-2028
Base Year Considered 2020
Historical Data 2017-2019
Forecast Period 2021-2028
Quantitative Units Revenue in USD million CAGR from 2020 to 2028
Segments Covered Types, Application, End-Users, Regions more.
Countries Included The U.S., Germany, U.K., Italy, China, India, Japan, Brazil
Report Coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
Regions Scope North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Customization Scope 10 hours of free customization expert consultation
Pricing and Purchase Options Explore Different Purchase Options Request for Discount to Avail New Year Discount
MARKET SEGMENTATION
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Regional Share Dynamics
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About Us
At Emergen Research, we believe in advancing with
technology. We are a growing market research and
strategy consulting company with an exhaustive
knowledge base of cutting-edge and potentially
market-disrupting technologies that are predicted
to become more prevalent in the coming
decade. Our expertise umbrellas the
technological environment of all major
industries, and our services help you map your
actions to ensure optimal yield. Our analysts
utilize their market proficiency to offer
actionable insights that help our clients
implement profitable strategies and optimize
their return on investment. Our services are
wide-ranging, right from technological
environment analysis to technological profiling
that highlights the existing opportunities in the
market you can capitalize on to stay ahead of
your competitors.
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