The Commerce Cloud market is expected to grow at a significant CAGR during the forecast period (2023-2029). This Commerce Cloud Market research report focuses more on a number of distinctive as well as foremost market sectors. It further focuses market segmentation. Industry-specific interviews are carried out with market players to foresee future business growth. Various facets of the industry are also depicted here under each industry sector. Future development visions and a wide range of subjects are covered in this Commerce Cloud Market study report. All this crucial data greatly assists key players to establish their presence in the competitive market. It verifies and revalidates the knowledge provided in this global Market report. It also allows several organizations to learn more about a range of opportunities already available in the market and makes aware to firms about upcoming opportunities too. It ensures several firms to attain a long-standing business success by capturing all of the latest updates about market growth. Most important participants are able to employ such report as a great resource to attain a competitive advantage over the cut-throat market.
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The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships and collaborations, mergers and acquisitions, geographical expansion, new product launch, to remain competitive in the marketplace. For instance, HCL Technologies (HCL) increased its cooperation with Google Cloud in June 2020, allowing HCL Commerce to be integrated into Google Cloud. Google Cloud and HCL Commerce will work together to deliver a safe and elastic infrastructure to support organizations’ eCommerce strategies. HCL wants to use Anthos as part of this cooperation to enable multi-cloud and hybrid-cloud deployments of HCL Commerce. SAP launched SAP S/4 HANA Cloud and SAP Commerce Cloud in India in June 2020. With their main applications hosted in India, Indian businesses should be able to meet end-to-end customer requests and make commerce a seamless experience for merchants, all while adhering to current and impending personal data protection legislation. Salesforce and Alibaba collaborated in July 2019 to assist Salesforce expand to customers in Mainland China, Hong Kong, Macau, and Taiwan, and Salesforce will become Alibaba’s exclusive enterprise customer relationship management (CRM) product suite. Sales Cloud, Service Cloud, Commerce Cloud, and Salesforce Platform are among the Salesforce products that will be sold in China.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Commerce Cloud Market Report by Segment
By End-User Industry
- Fashion & Apparel
- Pharmaceutical & Grocery,
- Electronics & Appliances
- Others (Travel & Tourism)
By Platform
- B2B Commerce
- B2C Commerce
Commerce Cloud Market Report by Region
North America
- US
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East and Africa
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