What Are the Projected Market Size and Growth Rates for the Commerce Cloud Market From 2025 To 2029?
The size of the commerce cloud market has seen significant expansion in the past few years. The value is projected to escalate from a substantial $25.75 billion in 2024 to an even higher $30.43 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 18.2%. The impressive growth recorded in the historic period can be traced back to certain key factors. These include the escalating inclination towards e-commerce, the escalated demand for cloud-based solutions, the expansive use of social media for marketing purposes, the growing requirement for personalized customer experiences, and the increased application of big data analytics.

In the forthcoming years, the commerce cloud market size is projected to witness substantial expansion. The anticipated growth rate stands at a compound annual growth rate (CAGR) of 18.6%, reaching a total of $60.13 billion in 2029. Factors driving this expected growth during the forecasted period include the rising implementation of artificial intelligence and machine learning, increased demand for augmented reality and virtual reality in e-commerce, the escalating use of the blockchain technology to facilitate secure transactions, higher demand for subscription-based models, and the burgeoned demand for green commerce. Furthermore, the forecasted period is expected to see the rise of significant trends such as the emergence of headless commerce, amplified demand for microservices architecture, the upsurge in the use of progressive web apps, the rise of unified commerce platforms, and an intensified demand for hyper-personalization.

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What Are the Primary Drivers Supporting the Market Growth of the Commerce Cloud Market?
The expansion of the commerce cloud market is likely to be driven by the escalating growth of e-commerce industries. E-commerce is the economic sector encompassing internet-based buying and selling of goods and services. This sector’s growth is fueled by an increasing demand for convenience, accessibility, and efficiency in shopping, elevating the need for comprehensive commerce cloud solutions. As more enterprises transition to online selling to satisfy consumer requirements, there emerges a concurrent requirement for a robust digital framework to effectively handle these operations. For example, the US Census Bureau, a US government agency, reported in November 2023 that e-commerce estimates for the second quarter of 2023 surged by 7.5% (or 1.4%) against the second quarter of 2022, while general retail sales experienced a modest growth of 0.6% (or 0.4%). Furthermore, 15.4% of total sales during the second quarter of 2023 were accomplished via online stores. Consequently, the surge in e-commerce industries’ growth across different nations is propelling the expanding commerce cloud market.

Which Primary Segments of the Commerce Cloud Market Are Driving Growth and Industry Transformations?
The commerce cloud market covered in this report is segmented –

1) By Type: Commerce Cloud Platforms, Commerce Cloud Services
2) By Platform: Business To Business Commerce, Business To Customer Commerce
3) By Service: Training And Consulting, Integration And Deployment, Support And Maintenance
4) By End User: Fashion And Apparel, Pharmaceutical And Grocery, Electronics And Appliances, Food And Beverage

Subsegments:
1) By Commerce Cloud Platforms: B2B Commerce Platforms, B2C Commerce Platforms, marketplace Solutions, Headless Commerce Solutions
2) By Commerce Cloud Services: Implementation Services, Integration Services, Hosting And Infrastructure Services, Analytics And Reporting Services

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Which Regions Are Key Players in the Growth of the Commerce Cloud Market?
North America was the largest region in the commerce cloud market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the commerce cloud market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Are the Most Significant Market Trends in the Commerce Cloud Market?
Pioneering companies in the commerce cloud market are advancing novel technologies like Einstein GPT to stimulate market demand. This technology harnesses a suite of models from prominent generative AI suppliers in the field, as well as Salesforce’s own AI research. For example, in March 2023, US-based software firm Salesforce Inc. rolled out Einstein GPT, an innovative AI instrument aimed at assisting clients in automating and crafting distinct recommendations in the Commerce Cloud. This tool can be deployed for training, deriving insights, and data analysis, and can be fused with various Salesforce apps. It is capable of functioning across numerous Salesforce clouds such as the marketing cloud, sales cloud, and commerce cloud, and smoothly aligns with Salesforce CRM, merging robust functionalities with cutting-edge AI proficiency.

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What Parameters Are Used to Define the Commerce Cloud Market?
Commerce Cloud, also known as salesforce commerce cloud, is a cloud-based suite of products designed to help businesses create and manage online stores. It offers various features and functionalities, catering to business-to-consumer (B2C) and business-to-business (B2B) needs.

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