What is Digital Commerce Platform Software Market?
Digital commerce platform software allows companies to manage all operations related to online sales of products or services. Digital commerce platform software creates a centralized, digital hub for product and customer data, allowing e-commerce businesses to manage product information, personalize store content and layout, and process online transactions and payments. While most digital commerce platform software are designed for B2C sales, some vendors provide versions for B2B. Traditional digital commerce platform software focuses on managing sales of physical products, but more and more solutions are providing features for digital products that are sold as a subscription model.
The market study is being classified by Type (Business to Consumer (B2C), Business to Business (B2B), Consumer to Business (C2B) and Consumer to Consumer (C2C)) and major geographies with country level break-up.
SAP SE (Germany), GMO MAKESHOP Co. Ltd. (Japan), Shopify Inc. (Canada), Magento (United States), Wix.com, Inc (Israel), OpenCart Limited (China), PrestaShop (France), Automattic Inc. (United States), Squarespace (United States) and SearchSpring (B7 Interactive, LLC) (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are NetEase, Inc. (China), Pinduoduo (China) and Volusion (United States).
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Digital Commerce Platform Software market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Digital Commerce Platform Software market by Type, Application and Region.
On the basis of geography, the market of Digital Commerce Platform Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Demand for Exemplary Customer Services and Customizable Option
- Increasing Number of Channels Throughout both the Buying and Owning Stages
- Increasing Demand for Entertainment and Media Market
- Emerging Number of Companies in E-commerce Platform for its Brand Building
- Cyber Vulnerabilities and Limited Integration of Third-Party Apps Hindering the Digital Commerce Platform Software Market
- The Adoption of Virtual Showroom in Digital Commerce Platform Software
- Rising Demand for the Online Shopping Facility with the Growth in Digitalisation
- Major Issues Due to Technological Errors and Slow Page Loading
On 4th February 2020, Searchspring, a provider of intelligent site search and merchandising solutions for a new generation of online retailers, announced a merger with Nextopia, a Toronto-based global provider of eCommerce site search and navigation solutions. With a combined 32 years of experience providing online retailers with the tools to build great eCommerce sites, Searchspring and Nextopia have successfully worked in competition to advance the technology that is available to marketers and merchandisers.
Key Target AudienceDigital Commerce Platform Software Providers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others
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