The global digital commerce platform industry is at an important juncture on its journey to attaining a sustainable revenue mark. The presence of a sound e-commerce industry complements digital commerce, creating a bilateral pathway for revenue generation and profit sharing. Development of robust e-commerce channels has given increased confidence to the masses to conduct all their commerce operations across virtual channels. The trend of virtual shopping has gained momentum as sellers provide quality assurance to the end-users. Furthermore, the busy lifestyles of a large population leave little room for offline shopping. In this scenario, online shopping has emerged as sound and effective mode of buying and subscribing to services.
Online shopping experiences are enhanced through improved user experiences and user interfaces across buying platforms. Therefore, digital sellers are focusing on driving ease in buying across online or virtual channels. This has also played a central role in market expansion.
The global digital commerce platform market is currently being driven by the rise in use of consumer electronics and internet connectivity, which is the primary factor facilitating the growth of digital media and the ecommerce sector. The global digital commerce platform market is also finding a massive scope of growth due to the evolving cloud computing services that are making it easier and faster for consumers to avail digital content. The players in this market are also focusing on Asia Pacific for a greater scope of opportunities due to the current digital revolution in this region, coupled with the giant consumer electronics users in China. However, the global digital commerce platform market is being restricted by factors such as a lack of marketing skills shown by players due to the nascent stage of the market, and the growing safety and security concerns regarding the use of spyware and malware.
The global digital commerce platform market was valued at US$4.44 bn in 2015. After expanding at a CAGR of 14.8% within a forecast period from 2016 to 2024, this market is expected to reach US$15.30 bn by the end of 2024.
The global digital commerce platform market can be segmented on the basis of regions, into North America, Europe, Asia Pacific, The Middle East and Africa, and Latin America. Of these, North America provided the market with the leading demand volume as well as revenue generation for 2015. The market for digital commerce platforms in North America is projected at a CAGR of 13.7% within a forecast period from 2016 to 2024. This region owes its lead to a massive existing base of digital media users, powered by a high use of smartphones and high-speed data networks and internet services. This region is currently showing a phenomenal growth within the global digital commerce platform market in its B2B business model segment, while the North American retail segment has already been a prominent source of revenue for the market players.
In 2015, Asia Pacific came second in terms of revenue generation in the global digital commerce platform market, followed by Europe, South America, and the Middle East and Africa respectively. The digital commerce platform market in Asia Pacific is growing at a very fast pace due to changing consumer preferences and improved path to purchase due to the growing use of digital commerce platforms by its urban populace. Asia Pacific is also expected to maintain its growth due to a growing demand for advanced digital commerce technologies.
Based on business model, the global digital commerce platform market is segmented into business to consumer, consumer to business, business to business, and consumer to consumer. In 2015, business to consumer segment was a highly preferred business model in digital commerce and accounted for close to 68.5% of the total market’s revenue. Based on deployment models, the market for digital commerce platform is segmented into on-premise, software as a service, fully managed and open source. In 2015, the on-premise segment held the leading share of 68.2% of the total revenue. This segment is also expected to retain its lead over the coming years. Software as a service is expected to show a high grade of promise in the global digital commerce platform market and is likely to continue expanding at the leading CAGR in terms of revenue from 2016 to 2024.
In 2015, the leaders of the global warehouse management systems market included IBM Corporation, Hybris AG, Oracle Corporation, Magento, Inc., Demandware, Inc., CloudCraze Software LLC, Digital River, Inc., NetSuite Inc., Apttus Corporation, and Elastic Path Software Inc.
Market Segmentation:
by Business Model |
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by Deployment Model |
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by End-user |
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By Geography |
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1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions and Research Methodology
3. Executive Summary: Digital Commerce Platform Market
4. Digital Commerce Platform market Analysis, 2014 – 2024 (US$ Mn)
4.1. Introduction
4.1.1. Definition
4.2. Market Dynamics
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.3. Global Digital Commerce Platform Market Analysis and Forecasts, 2014 – 2024
4.3.1. Market Revenue Projections (US$ Mn)
4.4. Market Outlook
5. Global Digital Commerce Platform Market Analysis and Forecast By Business Model
5.1. Introduction & Definition
5.2. Key Findings / Developments
5.3. Global Digital Commerce Platform Market Size (US$ Mn) and Forecast By Business Model, 2014 – 2024
5.3.1. Business-to-Consumer (B2C)
5.3.2. Business-to-Business (B2B)
5.3.3. Consumer-to-Business (C2B)
5.3.4. Consumer-to-Consumer (C2C) also known as Peer-to-Peer or (P2P)
5.4. Market Attractiveness By Business Model
6. Global Digital Commerce Platform Market Analysis and Forecast By Deployment Model
6.1. Introduction & Definition
6.2. Key Findings / Developments
6.3. Global Digital Commerce Platform Market Size (US$ Mn) and Forecast By Deployment Model, 2014 – 2024
6.3.1. On-premises
6.3.2. Software as a service (SaaS)
6.3.3. Fully Managed
6.3.4. Open Source Technology Comparison Matrix
6.4. Market Attractiveness By Deployment Model
7. Global Digital Commerce Platform Market Analysis and Forecast By End-users
7.1. Introduction & Definition
7.2. Key Findings / Developments
7.3. Global Digital Commerce Platform Market Size (US$ Mn) and Forecast By End-users, 2014 – 2024
7.3.1. BFSI
7.3.2. Retail
7.3.3. IT and Telecommunication
7.3.4. Airline and Travel
7.3.5. Others
7.4. Market Attractiveness By End-users
8. Global Digital Commerce Platform Market Analysis and Forecast By Region
8.1. Introduction & Definition
8.2. Key Findings / Developments
8.3. Global Digital Commerce Platform Market Size (US$ Mn) and Forecast By region, 2014 – 2024
8.3.1. North America
8.3.2. Europe
8.3.3. Asia Pacific
8.3.4. Middle East and Africa
8.3.5. South America
8.4. Market Attractiveness By Region
9. North America Digital Commerce Platform Market Analysis, 2014 – 2024 (US$ Mn)
9.1. Key Findings
9.2. North America Digital Commerce Platform Market Analysis, By Business Model, 2014 – 2024 (US$ Mn)
9.2.1. Business-to-Consumer (B2C)
9.2.2. Business-to-Business (B2B)
9.2.3. Consumer-to-Business (C2B)
9.2.4. Consumer-to-Consumer (C2C) also known as Peer-to-Peer or (P2P)
9.3. North America Digital Commerce Platform Market Analysis, By Deployment Model, 2014 – 2024 (US$ Mn)
9.3.1. On-premises
9.3.2. Software as a service (SaaS)
9.3.3. Fully Managed
9.3.4. Open Source Technology Comparison Matrix
9.4. North America Digital Commerce Platform Market Analysis, By End-users, 2014 – 2024 (US$ Mn)
9.4.1. BFSI
9.4.2. Retail
9.4.3. IT and Telecommunication
9.4.4. Airline and Travel
9.4.5. Others
9.5. North America Digital Commerce Platform Market Analysis, By Country, 2014 – 2024 (US$ Mn)
9.5.1. The U.S.
9.5.2. Canada
9.5.3. Rest of North America
9.6. Market Attractiveness Analysis
9.6.1. By country
9.6.2. By Business Model
9.6.3. By Deployment Model
9.6.4. By End-users
10. Europe Digital Commerce Platform Market Analysis, 2014 – 2024 (US$ Mn)
10.1. Key Findings
10.2. Europe Digital Commerce Platform Market Analysis, By Business Model, 2014 – 2024 (US$ Mn)
10.2.1. Business-to-Consumer (B2C)
10.2.2. Business-to-Business (B2B)
10.2.3. Consumer-to-Business (C2B)
10.2.4. Consumer-to-Consumer (C2C) also known as Peer-to-Peer or (P2P)
10.3. Europe Digital Commerce Platform Market Analysis, By Deployment Model, 2014 – 2024 (US$ Mn)
10.3.1. On-premises
10.3.2. Software as a service (SaaS)
10.3.3. Fully Managed
10.3.4. Open Source Technology Comparison Matrix
10.4. Europe Digital Commerce Platform Market Analysis, By End-users, 2014 – 2024 (US$ Mn)
10.4.1. BFSI
10.4.2. Retail
10.4.3. IT and Telecommunication
10.4.4. Airline and Travel
10.4.5. Others
10.5. Europe Digital Commerce Platform Market Analysis, By Country, 2014 – 2024 (US$ Mn)
10.5.1. Germany
10.5.2. France
10.5.3. UK
10.5.4. Italy
10.5.5. Spain
10.5.6. Rest of Europe
10.6. Market Attractiveness Analysis
10.6.1. By country
10.6.2. By Business Model
10.6.3. By Deployment Model
10.6.4. By End-users
11. Asia Pacific Digital Commerce Platform Market Analysis, 2014 – 2024 (US$ Mn)
11.1. Key Findings
11.2. Asia Pacific Digital Commerce Platform Market Analysis, By Business Model, 2014 – 2024 (US$ Mn)
11.2.1. Business-to-Consumer (B2C)
11.2.2. Business-to-Business (B2B)
11.2.3. Consumer-to-Business (C2B)
11.2.4. Consumer-to-Consumer (C2C) also known as Peer-to-Peer or (P2P)
11.3. Asia Pacific Digital Commerce Platform Market Analysis, By Deployment Model, 2014 – 2024 (US$ Mn)
11.3.1. On-premises
11.3.2. Software as a service (SaaS)
11.3.3. Fully Managed
11.3.4. Open Source Technology Comparison Matrix
11.4. Asia Pacific Digital Commerce Platform Market Analysis, By End-users, 2014 – 2024 (US$ Mn)
11.4.1. BFSI
11.4.2. Retail
11.4.3. IT and Telecommunication
11.4.4. Airline and Travel
11.4.5. Others
11.5. Asia Pacific Digital Commerce Platform Market Analysis, By Country, 2014 – 2024 (US$ Mn)
11.5.1. Japan
11.5.2. China
11.5.3. India
11.5.4. Australia
11.5.5. Rest of Asia-pacific
11.6. Market Attractiveness Analysis
11.6.1. By country
11.6.2. By Business Model
11.6.3. By Deployment Model
11.6.4. By End-users
12. Middle-East and Africa (MEA) Digital Commerce Platform Market Analysis, 2014 – 2024 (US$ Mn)
12.1. Key Findings
12.2. Middle East and Africa Digital Commerce Platform Market Analysis, By Business Model, 2014 – 2024 (US$ Mn)
12.2.1. Business-to-Consumer (B2C)
12.2.2. Business-to-Business (B2B)
12.2.3. Consumer-to-Business (C2B)
12.2.4. Consumer-to-Consumer (C2C) also known as Peer-to-Peer or (P2P)
12.3. Middle East and Africa Digital Commerce Platform Market Analysis, By Deployment Model, 2014 – 2024 (US$ Mn)
12.3.1. On-premises
12.3.2. Software as a service (SaaS)
12.3.3. Fully Managed
12.3.4. Open Source Technology Comparison Matrix
12.4. Middle East and Africa Digital Commerce Platform Market Analysis, By End-users, 2014 – 2024 (US$ Mn)
12.4.1. BFSI
12.4.2. Retail
12.4.3. IT and Telecommunication
12.4.4. Airline and Travel
12.4.5. Others
12.5. MEA Digital Commerce Platform Market Analysis, By Country, 2014 – 2024 (US$ Mn)
12.5.1. UAE
12.5.2. Saudi Arabia
12.5.3. South Africa
12.5.4. Rest of MEA
12.6. Market Attractiveness Analysis
12.6.1. By country
12.6.2. By Business Model
12.6.3. By Deployment Model
12.6.4. By End-users
13. South America Digital Commerce Platform Market Analysis, 2014 – 2024 (US$ Mn)
13.1. Key Findings
13.2. South America Digital Commerce Platform Market Analysis, By Business Model, 2014 – 2024 (US$ Mn)
13.2.1. Business-to-Consumer (B2C)
13.2.2. Business-to-Business (B2B)
13.2.3. Consumer-to-Business (C2B)
13.2.4. Consumer-to-Consumer (C2C) also known as Peer-to-Peer or (P2P)
13.3. South America Digital Commerce Platform Market Analysis, By Deployment Model, 2014 – 2024 (US$ Mn)
13.3.1. On-premises
13.3.2. Software as a service (SaaS)
13.3.3. Fully Managed
13.3.4. Open Source Technology Comparison Matrix
13.4. South America Digital Commerce Platform Market Analysis, By End-users, 2014 – 2024 (US$ Mn)
13.4.1. BFSI
13.4.2. Retail
13.4.3. IT and Telecommunication
13.4.4. Airline and Travel
13.4.5. Others
13.5. South America Digital Commerce Platform Market Analysis, By Country, 2014 – 2024 (US$ Mn)
13.5.1. Brazil
13.5.2. Rest of South America
13.6. Market Attractiveness Analysis
13.6.1. By country
13.6.2. By Business Model
13.6.3. By Deployment Model
13.6.4. By End-users
14. Competition Landscape
14.1. Market Player – Competition Matrix
14.2. Market Share Analysis By Company (2015)
14.3. Company Profiles (Details – Overview, Financials, Recent Developments, Strategy and SWOT Analysis)
14.3.1. IBM Corporation
14.3.1.1. Company Details (HQ, Foundation Year, Employee Strength)
14.3.1.2. Market Presence, By Segment and Geography
14.3.1.3. Revenue and Operating Profits
14.3.1.4. Strategy and Historical Roadmap
14.3.1.5. SWOT Analysis
14.3.2. Oracle Corporation
14.3.2.1. Company Details (HQ, Foundation Year, Employee Strength)
14.3.2.2. Market Presence, By Segment and Geography
14.3.2.3. Revenue and Operating Profits
14.3.2.4. Strategy and Historical Roadmap
14.3.2.5. SWOT Analysis
14.3.3. Hybris AG
14.3.3.1. Company Details (HQ, Foundation Year, Employee Strength)
14.3.3.2. Market Presence, By Segment and Geography
14.3.3.3. Revenue and Operating Profits
14.3.3.4. Strategy and Historical Roadmap
14.3.3.5. SWOT Analysis
14.3.4. Demandware, Inc.
14.3.4.1. Company Details (HQ, Foundation Year, Employee Strength)
14.3.4.2. Market Presence, By Segment and Geography
14.3.4.3. Revenue and Operating Profits
14.3.4.4. Strategy and Historical Roadmap
14.3.4.5. SWOT Analysis
14.3.5. Magento, Inc.
14.3.5.1. Company Details (HQ, Foundation Year, Employee Strength)
14.3.5.2. Market Presence, By Segment and Geography
14.3.5.3. Revenue and Operating Profits
14.3.5.4. Strategy and Historical Roadmap
14.3.5.5. SWOT Analysis
14.3.6. Digital River, Inc.
14.3.6.1. Company Details (HQ, Foundation Year, Employee Strength)
14.3.6.2. Market Presence, By Segment and Geography
14.3.6.3. Revenue and Operating Profits
14.3.6.4. Strategy and Historical Roadmap
14.3.6.5. SWOT Analysis
14.3.7. CloudCraze Software LLC
14.3.7.1. Company Details (HQ, Foundation Year, Employee Strength)
14.3.7.2. Market Presence, By Segment and Geography
14.3.7.3. Revenue and Operating Profits
14.3.7.4. Strategy and Historical Roadmap
14.3.7.5. SWOT Analysis
14.3.8. Apttus Corporation
14.3.8.1. Company Details (HQ, Foundation Year, Employee Strength)
14.3.8.2. Market Presence, By Segment and Geography
14.3.8.3. Revenue and Operating Profits
14.3.8.4. Strategy and Historical Roadmap
14.3.8.5. SWOT Analysis
14.3.9. NetSuite Inc.
14.3.9.1. Company Details (HQ, Foundation Year, Employee Strength)
14.3.9.2. Market Presence, By Segment and Geography
14.3.9.3. Revenue and Operating Profits
14.3.9.4. Strategy and Historical Roadmap
14.3.9.5. SWOT Analysis
14.3.10. Elastic Path Software Inc.
14.3.10.1. Company Details (HQ, Foundation Year, Employee Strength)
14.3.10.2. Market Presence, By Segment and Geography
14.3.10.3. Revenue and Operating Profits
14.3.10.4. Strategy and Historical Roadmap
14.3.10.5. SWOT Analysis
List of Tables
Table 1: Global Digital Commerce Platform Market Forecast, By Business Model, 2014–2024 (US$ Mn)
Table 2: Global Digital Commerce Platform Market Forecast, By Deployment Model, 2014–2024 (US$ Mn)
Table 3: Global Digital Commerce Platform Market Size Forecast, By End-users, 2014–2024 (US$ Mn)
Table 4: Global Digital Commerce Platform Market Forecast, By Region, 2014–2024 (US$ Mn)
Table 5: North America Digital Commerce Platform Market Size Forecast, By Business Model, 2014–2024 (US$ Mn)
Table 6: North America Digital Commerce Platform Market Size Forecast, By Deployment Model, 2014–2024 (US$ Mn)
Table 7: North America Digital Commerce Platform Market Size Forecast, By End-users, 2014–2024 (US$ Mn)
Table 8: Market Size (US$ Mn) Forecast by Country, 2014 - 2024
Table 9: Europe Digital Commerce Platform Market Size Forecast, By Business Model, 2014–2024 (US$ Mn)
Table 10: Europe Digital Commerce Platform Market Size Forecast, By Deployment Model, 2014–2024 (US$ Mn)
Table 11: Europe Digital Commerce Platform Market Size Forecast, By End-users, 2014–2024 (US$ Mn)
Table 12: Market Size (US$ Mn) Forecast by Country, 2014 - 2024
Table 13: Asia Pacific Digital Commerce Platform Market Size Forecast, By Business Model, 2014–2024 (US$ Mn)
Table 14: Asia Pacific Digital Commerce platform Market Size Forecast, By Deployment Model, 2014–2024 (US$ Mn)
Table 15: Asia Pacific Digital Commerce Platform Market Size Forecast, By End-users, 2014–2024 (US$ Mn)
Table 16: Market Size (US$ Mn) Forecast by Country, 2014 - 2024
Table 17: MEA Digital Commerce Platform Market Size Forecast, By Business Model, 2014–2024 (US$ Mn)
Table 18: MEA Digital Commerce Platform Market Size Forecast, By Deployment Model, 2014–2024 (US$ Mn)
Table 19: MEA Digital Commerce Platform Market Size Forecast, By End-users, 2014–2024 (US$ Mn)
Table 20: Market Size (US$ Mn) Forecast by Country, 2014 - 2024
Table 21: South America Digital Commerce Platform Market Size Forecast, By Business model, 2014–2024 (US$ Mn)
Table 22: South America Digital Commerce Platform Market Size Forecast, By Deployment Model, 2014–2024 (US$ Mn)
Table 23: South America Digital Commerce Platform Market Size Forecast, By End-users, 2014–2024 (US$ Mn)
Table 24: Market Size (US$ Mn) Forecast by Country, 2014 - 2024
List of Figures
Figure 1: Market Revenue Projections, 2014 - 2024 (US$ Mn)
Figure 2: Global Digital Commerce Platform Market Value Share Analysis, By Business Model, 2016 and 2024
Figure 3: Digital Commerce Platform Market Attractiveness Analysis, By Business Model
Figure 4: Global Digital Commerce Platform Market Value Share Analysis, By Deployment Model, 2016 and 2024
Figure 5: On-premise Graph
Figure 6: Software as a service Graph
Figure 7: Fully Managed Services Graph
Figure 8: Digital Commerce Platform Market Attractiveness Analysis, By Deployment Model
Figure 9: Global Digital Commerce Platform Market Value Share Analysis, By End-users, 2016 and 2024
Figure 10: Hotel Graph
Figure 11: System Catering Graph
Figure 12: Hotel Graph
Figure 13: System Catering Graph
Figure 14: Hotel Graph
Figure 15: Refrigerated Counter Market Attractiveness Analysis, By End-user
Figure 16: Refrigerated Counter Market Attractiveness Analysis, By Region
Figure 17: North America Refrigerated Counter Market Revenue (US$ Mn) Forecast, 2016 – 2024
Figure 18: North America Refrigerated Counter Market Revenue and Y-O-Y Growth Projection, 2016 – 2024
Figure 19: North America Digital Commerce Platform Market Revenue Share Analysis, By Business Model, 2016 and 2024
Figure 20: North America Digital Commerce Platform Market Value Share Analysis, By Deployment Model, 2016 and 2024
Figure 21: North America Digital Commerce Platform Market Value Share Analysis, By End-users, 2016 and 2024
Figure 22: North America Digital Commerce Platform Market Attractiveness Analysis, By Business Model
Figure 23: North America Digital Commerce Platform Market Attractiveness Analysis, By End-user
Figure 24: North America Digital Commerce Platform Market Attractiveness Analysis, By Country
Figure 25: Europe Digital Commerce Platform Market Revenue (US$ Mn) Forecast, 2016 – 2024
Figure 26: Europe Digital Commerce Platform Market Revenue Y-o-Y Growth Projection, 2016 – 2024
Figure 27: Europe Digital Commerce Platform Market Revenue Share Analysis, By Business Model, 2016 and 2024
Figure 28: Europe Digital Commerce Platform Market Revenue Share Analysis, By Deployment Model, 2016 and 2024
Figure 29: Europe Digital Commerce Platform Market Value Share Analysis, By End-users, 2016 and 2024
Figure 30: Europe Digital Commerce Platform Market Attractiveness Analysis, By Business Model
Figure 31: Europe Digital Commerce Platform Market Attractiveness Analysis, By End-users
Figure 32: Europe Digital Commerce Platform Market Attractiveness Analysis, By Country
Figure 33: Asia Pacific Digital Commerce Platform Market Revenue (US$ Mn) Forecast, 2016 – 2024
Figure 34: Asia Pacific Digital Commerce Platform Market Revenue Y-o-Y Growth Projection, 2016 – 2024
Figure 35: Asia Pacific Digital Commerce Market Revenue Share Analysis, By Business model, 2016 and 2024
Figure 36: Asia Pacific Digital Commerce Platform Market Value Share Analysis, By Deployment Model, 2016 and 2024
Figure 37: Asia Pacific Refrigerated Counter Market Value Share Analysis, By End-user, 2016 and 2024
Figure 38: Asia Pacific Digital Commerce Platform Market Attractiveness Analysis, By Business Model
Figure 39: Asia Pacific Digital Commerce Platform Market Attractiveness Analysis, By End-user
Figure 40: Asia Pacific Digital Commerce Platform Market Attractiveness Analysis, By Country
Figure 41: MEA Digital Commerce Platform Market Revenue (US$ Mn) and Volume (Thousand Units) Forecast, 2016 – 2024
Figure 42: MEA Digital Commerce platform Market Revenue and Volume Y-o-Y Growth Projection, 2016 – 2024
Figure 43: MEA Digital Commerce Platform Market Revenue Share Analysis, By Business Model, 2016 and 2024
Figure 44: MEA Digital Commerce Platform Market Value Share Analysis, By Deployment Model, 2016 and 2024
Figure 45: MEA Digital Commerce Platform Market Value Share Analysis, By End-users, 2016 and 2024
Figure 46: MEA Digital Commerce Platform Market Attractiveness Analysis, By Business model
Figure 47: MEA Digital Commerce Platform Market Attractiveness Analysis, By End-user
Figure 48: MEA Digital Commerce Market Attractiveness Analysis, By Country
Figure 49: South America Digital Commerce Platform Market Revenue (US$ Mn) Forecast, 2016 – 2024
Figure 50: South America Digital Commerce Platform Market Revenue Y-o-Y Growth Projection, 2016 – 2024
Figure 51: South America Refrigerated Counter Market Revenue Share Analysis, By Product, 2016 and 2024
Figure 52: South America Digital Commerce Platform Market Revenue Share Analysis, By Deployment Model 2016 and 2024
Figure 53: South America Refrigerated Counter Market Value Share Analysis, By End-user, 2016 and 2024
Figure 54: South America Refrigerated Counter Market Attractiveness Analysis, By Product
Figure 55: South America Refrigerated Counter Market Attractiveness Analysis, By Industry End-user
Figure 56: South America Refrigerated Counter Market Attractiveness Analysis, By Country
Figure 57: Global Digital Commerce Platform Market Share Analysis (2015)