Published by mark itwired
Posted on August 26, 2021
7 min readLast updated: February 14, 2026
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ESOMAR-certified global
market research and consulting firm, Future Market Insights (FMI) has recently
published an exhaustive report on the global digital commerce
platform market. According to the study, global digital commerce platform
market is likely to surge at over 14% CAGR through 2029, with SME adoption in
SME segment driving growth.
Over the years, e-commerce has made significant strides, with
consumers spending over US$ 3 trillion on online purchases as of the previous
financial year. This number has expanded nearly sevenfold as of today. This is
welcome development for prominent digital solution platform providers in the
coming years.
To
Get Sample Copy of Report Visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-12889
Of specific importance is the emergence of subscription-based
e-commerce platforms, particularly in the media & entertainment segment, is
generating lucrative expansion opportunities.
“Prominent
manufacturers are emphasizing on offering diversified shopping channel
experience, with reliance on social media as a primary marketing source for
their products and services, greatly enhancing their revenue prospects,”
comments the FMI analyst.
As the COVID-19 pandemic
tightens its grip on the global economy, businesses are increasingly relying on
virtual platforms to conduct their operations. Since the pandemic’s onset,
global e-commerce sales figures have aggrandized. The United States, for
instance, is likely to experience over 40% e-commerce by 2020-end.
The overall impact of the
pandemic crisis is highly diffused. While categories such as ICT/electronics,
pharmaceuticals, PPE and groceries have surged, segments such as sports
equipment, formal clothing and travel & tourism have witnessed substantial
decline. In South Korea, e-commerce transaction value rose by nearly 16%
between July 2019 and July 2020.
The trend of online buying is
expected to outlast the COVID-19 pandemic, with consumers finding it highly
convenient to make online purchases and greater access to internet devices.
Although vaccine administration has begun, it will be a while before it is
available globally, prompting consumers to observe social distancing protocols.
For More Details,
Ask Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-12889
Leading players in the global
digital commerce platforms market are leveraging the ever expanding global
virtual space to introduce technologically sophisticated solutions to potential
clients. These players offer both B2B and B2C solutions to retain a broader
customer base.
For instance, in July 2020,
Unilog Content Solutions announced a partnership with Acumatica to offer the
Acumatica Marketplace platform through which reselling partners can avail
access to complimentary applications to enhance functionality of B2B e-Commerce
solutions.
Similarly, in October 2020,
Kentico Software launched the Kentico Xperience 13 digital experience platform
for marketers and developers with new updates and features. The release is part
and parcel of its rebranding of the Kentico EMS product to enhance content
management, commerce and digital marketing capabilities.
In its latest report, Future
Market Insights offers an unbiased analysis of the global digital commerce
platform market, providing historical data for period of 2014-2018 and forecast
statistics for the period of 2019-2029. To understand opportunities in the
digital commerce platform market, the market is segmented on the basis of
component (solution, services), enterprise size (small and medium enterprises,
large enterprises), and end-use industry (food & beverages, fashion &
apparel, health & beauty, electronics, home & furniture, automotive,
media & entertainment, others), across seven major regions.
ESOMAR-certified global
market research and consulting firm, Future Market Insights (FMI) has recently
published an exhaustive report on the global digital commerce
platform market. According to the study, global digital commerce platform
market is likely to surge at over 14% CAGR through 2029, with SME adoption in
SME segment driving growth.
Over the years, e-commerce has made significant strides, with
consumers spending over US$ 3 trillion on online purchases as of the previous
financial year. This number has expanded nearly sevenfold as of today. This is
welcome development for prominent digital solution platform providers in the
coming years.
To
Get Sample Copy of Report Visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-12889
Of specific importance is the emergence of subscription-based
e-commerce platforms, particularly in the media & entertainment segment, is
generating lucrative expansion opportunities.
“Prominent
manufacturers are emphasizing on offering diversified shopping channel
experience, with reliance on social media as a primary marketing source for
their products and services, greatly enhancing their revenue prospects,”
comments the FMI analyst.
As the COVID-19 pandemic
tightens its grip on the global economy, businesses are increasingly relying on
virtual platforms to conduct their operations. Since the pandemic’s onset,
global e-commerce sales figures have aggrandized. The United States, for
instance, is likely to experience over 40% e-commerce by 2020-end.
The overall impact of the
pandemic crisis is highly diffused. While categories such as ICT/electronics,
pharmaceuticals, PPE and groceries have surged, segments such as sports
equipment, formal clothing and travel & tourism have witnessed substantial
decline. In South Korea, e-commerce transaction value rose by nearly 16%
between July 2019 and July 2020.
The trend of online buying is
expected to outlast the COVID-19 pandemic, with consumers finding it highly
convenient to make online purchases and greater access to internet devices.
Although vaccine administration has begun, it will be a while before it is
available globally, prompting consumers to observe social distancing protocols.
For More Details,
Ask Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-12889
Leading players in the global
digital commerce platforms market are leveraging the ever expanding global
virtual space to introduce technologically sophisticated solutions to potential
clients. These players offer both B2B and B2C solutions to retain a broader
customer base.
For instance, in July 2020,
Unilog Content Solutions announced a partnership with Acumatica to offer the
Acumatica Marketplace platform through which reselling partners can avail
access to complimentary applications to enhance functionality of B2B e-Commerce
solutions.
Similarly, in October 2020,
Kentico Software launched the Kentico Xperience 13 digital experience platform
for marketers and developers with new updates and features. The release is part
and parcel of its rebranding of the Kentico EMS product to enhance content
management, commerce and digital marketing capabilities.
In its latest report, Future
Market Insights offers an unbiased analysis of the global digital commerce
platform market, providing historical data for period of 2014-2018 and forecast
statistics for the period of 2019-2029. To understand opportunities in the
digital commerce platform market, the market is segmented on the basis of
component (solution, services), enterprise size (small and medium enterprises,
large enterprises), and end-use industry (food & beverages, fashion &
apparel, health & beauty, electronics, home & furniture, automotive,
media & entertainment, others), across seven major regions.
E-commerce refers to the buying and selling of goods and services over the internet. It encompasses various online transactions, including retail sales, electronic payments, and online marketplaces.
A digital commerce platform is an online system that enables businesses to sell products and services through digital channels. It includes features for managing transactions, inventory, and customer interactions.
CAGR stands for Compound Annual Growth Rate. It is a useful measure that describes the mean annual growth rate of an investment over a specified time period, assuming the investment grows at a steady rate.
SMEs, or Small and Medium-sized Enterprises, are businesses whose personnel numbers fall below certain limits. They are crucial for economic growth, job creation, and innovation.
Subscription-based e-commerce is a business model where customers pay a recurring fee to gain access to products or services. This model is popular in industries like media, entertainment, and software.
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