Market Overview:
The global digital commerce market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing adoption of digital technologies by businesses and customers, and the growing demand for cloud-based solutions. The business-to-business segment is expected to account for the largest share of the global digital commerce market in 2018, followed by the business-to-customer segment. However, the customer-to-customer segment is projected to grow at a higher CAGR during the forecast period. North America is expected to account for the largest share ofthe global digital commerce market in 2018, followed by Europe and Asia Pacific.
Product Definition:
Digital Commerce is the buying and selling of goods or services over electronic systems such as the internet. It includes all aspects of business conducted electronically, including e-commerce, online marketing, and digital advertising.
Business to Business:
Business to Business (B2B) is a transaction between two businesses. The term B2B can be used for all types of commercial transactions between an enterprise (manufacturer or service provider) and another business, such as a supplier, customer or other market participant.
Business to Customer:
Business to Customer (B2C) is a two-way communication between business and customers. It helps companies to get information about products, services or solutions that are of interest to the customers. B2C can be used by both large and small businesses for marketing purposes as well as for product support. The term customer can have multiple roles such as individual consumer, member of an organization etc., depending upon the context in which it is used.
Application Insights:
The software as a service (SAAS) segment dominated the global digital commerce market in 2017. This is attributed to the growing usage of cloud computing, which offers various advantages such as increased storage space and enhanced processing capabilities. Furthermore, companies are able to offer advanced solutions through integration with other systems resulting in improved customer experience. The SAAS application segment is expected to continue its dominance over the forecast period owing to factors such as increasing demand for e-commerce portals and rising adoption of mobile applications across all regions.
The businesstobusiness (B2B) segment accounted for a significant share in 2017 due to factors such as an increase in number of mergers & acquisitions among retailers coupled with strong growth among online retailing companies worldwide. Moreover, B2C businesses are increasingly using B2B channels for product information exchange thereby contributing towards revenue growth globally since 2016.
Regional Analysis:
The Asia Pacific region accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing internet penetration, rising smartphone adoption, and expansion of e-commerce businesses across developing countries such as India and China. Moreover, growing investments by prominent players in digital transformation are also anticipated to drive regional market growth. For instance, Alibaba Group Holding Ltd., one of the largest retailers in China; has been working on its cloud computing business named “Tmall†which offers a platform for third-party developers to build & manage applications on top of it. Such developments are projected to fuel industry expansion over the coming years.
North America is estimated to register significant growth from 2018 till 2030 owing high consumer awareness regarding benefits offered by digital technologies along with increased spending capacity among small & medium enterprises (SMEs).
Growth Factors:
- Increasing penetration of internet and smartphones
- Rising demand for convenience and faster shopping experience
- Proliferation of digital content and increasing trend of online video consumption
- Growing adoption of omni-channel retailing by merchants
- Emergence of new technologies such as artificial intelligence, virtual reality, etc., that are expected to revolutionize the digital commerce landscape
Scope Of The Report
Report Attributes
Report Details
Report Title
Digital Commerce Market Research Report
By Type
Business to Business, Business to Customer, Customer to Customer, Business to Government
By Application
Software as a Service Software, Open Source Software
By Companies
Amazon.com, JD.com, Alibaba, eBay, Rakuten, Groupon, ASOS.com
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
215
Number of Tables & Figures
151
Customization Available
Yes, the report can be customized as per your need.
Global Digital Commerce Market Report Segments:
The global Digital Commerce market is segmented on the basis of:
Types
Business to Business, Business to Customer, Customer to Customer, Business to Government
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Software as a Service Software, Open Source Software
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Amazon.com
- JD.com
- Alibaba
- eBay
- Rakuten
- Groupon
- ASOS.com
Highlights of The Digital Commerce Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Business to Business
- Business to Customer
- Customer to Customer
- Business to Government
- By Application:
- Software as a Service Software
- Open Source Software
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Digital Commerce Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Digital commerce is the process of buying and selling products or services using electronic means such as the internet. It can be done through websites, apps, or other digital platforms.
Some of the major players in the digital commerce market are Amazon.com, JD.com, Alibaba, eBay, Rakuten, Groupon, ASOS.com.
The digital commerce market is expected to register a CAGR of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Digital Commerce Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Digital Commerce Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Digital Commerce Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Digital Commerce Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Digital Commerce Market Size & Forecast, 2020-2028
4.5.1 Digital Commerce Market Size and Y-o-Y Growth
4.5.2 Digital Commerce Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Business to Business
5.2.2 Business to Customer
5.2.3 Customer to Customer
5.2.4 Business to Government
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Software as a Service Software
6.2.2 Open Source Software
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Digital Commerce Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Digital Commerce Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Business to Business
9.6.2 Business to Customer
9.6.3 Customer to Customer
9.6.4 Business to Government
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Software as a Service Software
9.10.2 Open Source Software
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Business to Business
10.6.2 Business to Customer
10.6.3 Customer to Customer
10.6.4 Business to Government
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Software as a Service Software
10.10.2 Open Source Software
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Business to Business
11.6.2 Business to Customer
11.6.3 Customer to Customer
11.6.4 Business to Government
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Software as a Service Software
11.10.2 Open Source Software
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Business to Business
12.6.2 Business to Customer
12.6.3 Customer to Customer
12.6.4 Business to Government
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Software as a Service Software
12.10.2 Open Source Software
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Business to Business
13.6.2 Business to Customer
13.6.3 Customer to Customer
13.6.4 Business to Government
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Software as a Service Software
13.10.2 Open Source Software
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Digital Commerce Market: Competitive Dashboard
14.2 Global Digital Commerce Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amazon.com
14.3.2 JD.com
14.3.3 Alibaba
14.3.4 eBay
14.3.5 Rakuten
14.3.6 Groupon
14.3.7 ASOS.com
