Commerce Cloud Market | Exactitude Consultancy Reports

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Commerce Cloud Market by Component (Platforms, Services), by Organization size (Small and Medium Size Enterprises (SMEs), Large Enterprises), by Application (Electronics, Furniture & Bookstores, Grocery & Pharmaceutical, Fashion & Apparel, Automotive, Travel & Hospitality, Food & Beverages) and Region, Global trends and forecast from 2022 to 2029.

The commerce cloud market is expected to grow at 24% CAGR from 2021 to 2029. It is expected to reach above USD 57 billion by 2029 from USD 8 billion in 2020.
Segment Analysis
The Commerce Cloud Market is segmented based on Component, Organization size, Application and Region, Global trends and forecast.

The market has been divided into two components: platforms and services. Commerce Cloud Salesforce, SAP Commerce Cloud (formerly SAP Hybris), and is multichannel commerce software-as-a-service are some of the cloud platforms offered by market players. Businesses use these platforms to provide a complete shopping experience to customers via various channels such as mobile, web, and social media sites. As a result of the easy and scalable access to information, there is a growing market demand for cloud-based solutions.

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