United States Commerce Cloud Market by Component (Platform, Services), By Enterprise Size (Small and mid-sized Enterprises, Large Enterprises), By Applications (Grocery and Pharmaceuticals, Fashion and Apparel, Travel and Hospitality, Electronics, Furniture and Bookstore, Others (Cosmetics, Restaurant Services etc.), By End User (B2B, B2C), By Region, Competition Forecast and Opportunities, 2028
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: ICT | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationUnited States Commerce Cloud Market by Component (Platform, Services), By Enterprise Size (Small and mid-sized Enterprises, Large Enterprises), By Applications (Grocery and Pharmaceuticals, Fashion and Apparel, Travel and Hospitality, Electronics, Furniture and Bookstore, Others (Cosmetics, Restaurant Services etc.), By End User (B2B, B2C), By Region, Competition Forecast and Opportunities, 2028
United States Commerce Cloud Market
Fifth-generation wireless networks will accelerate the adoption of commerce cloud platforms.
There is a growing need for seamless connection since smartphones and other connected devices, such as tablets and laptops, have become the most effective way to operate apps like payments, online shopping, and other e-commerce activities. All mobile devices will have easier access to the internet thanks to 5G wireless technology. It offers immediate, individualized recommendations, real-time information feeds, and high-quality video streaming that will improve the client experience.
The adoption of commerce cloud platforms in the upcoming years would be favourably impacted by 5G's low latency and network virtualization capabilities, which are anticipated to allow secure and automated payment methods. Additionally, 5G is anticipated to be used by Internet of Things (IoT)-connected apps for a quicker and safer banking experience. Examples of these
By providing new solutions in the fields of software development and testing, cloud architecture, embedded software development, machine learning, AI, and data analytics, this quickens the pace of digital innovation projects and encourages its clients' digital transformation. Such internet penetration drives the need for commerce cloud market all over the United States.
Commerce cloud is driven by cutting-edge technologies like blockchain and artificial intelligence (AI).
The market for Commerce Cloud is expanding as the disruptive technologies like blockchain, artificial intelligence (AI, the Internet of Things (IoT), and big data are transforming the landscape of online commerce. These technologies are used, among other things, to improve data collection, lower transaction costs, and better target marketing. These technologies are utilized in the e-commerce operations of several online retail companies and are boosting the market for the US Commerce Cloud between 2024 and 2028.
Expanding Use of Unified Commerce Platforms to Promote Market Growth
Most merchants are aware of omnichannel commerce, which involves gathering consumer data from various sources, including inventory management software, point-of-sale systems, customer relationship management systems, and others. Unified commerce is an improved kind of omnichannel commerce that unifies consumer profiles across the web, mobile devices, and other businesses' operations into a single, complete interface in real-time.
Additionally, end-to-end software integration inside a single e-commerce platform is necessary for unified commerce solutions. It offers detailed client profiles to support more intelligent and practical sales strategies. Additionally, it enables omnichannel sales solutions to consolidate many servers, operating systems, and other applications. Additionally, it eliminates the distance between consumers and merchants and builds a network of interconnected corporate operations to support digital commerce services. The market's commerce cloud applications are benefiting from unified commerce deployment.
Lack of cyber laws and privacy and security issues are limiting market expansion
One of the most crucial components of cloud-based commerce systems is cybersecurity. A nation must enact standard cybersecurity rules to protect internet enterprises and private property rights. However, the absence of cyber legislation is expected to limit industry expansion. To strengthen commercial ties, it is crucial to safeguard the privacy and information of consumers and merchants safely. Lack of security and privacy is still a rising problem for organizations. This makes it a significant market restraint.
Market Segments
Market Players
Major market players in the
Recent Developments
The industry-leading technologies from Salesforce's Service Cloud and Field Service were combined with Honeywell Forge in July 2022 to create a seamless service management process that will enable Honeywell's employees to adjust to changing business dynamics.
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028 |
| Report coverage | Revenue forecast, company share, growth factors, and trends |
| Segments covered | · Component · Enterprise Size · Applications · Enduser |
| Regional scope | North-East, South, West, Mid-West |
| Key companies profiled | Salesforce Inc, Oracle Corporation, Amazon Web Services Inc, International Business Machines Corporation, BigCommerce Inc, Wix.com Inc, Optimizely Inc, Sitecore USA Inc, SAP America Inc, Magento (Now Adobe Commerce) |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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