How big is the Commerce Cloud Market?

The Commerce Cloud Market size is expected to reach USD 31.18 billion in 2024 and grow at a CAGR of 16.47% to reach USD 66.82 billion by 2029. Read More

What is the current Commerce Cloud Market size?

In 2024, the Commerce Cloud Market size is expected to reach USD 31.18 billion. Read More

Who are the key players in Commerce Cloud Market?

Lightwell Inc. (IBM Corporation) , Salesforce.com, Inc., SAP SE (maihiro GmbH), Oracle Corporation and BigCommerce Pty. Ltd. are the major companies operating in the Commerce Cloud Market. Read More

Which is the fastest growing region in Commerce Cloud Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Commerce Cloud Market?

In 2024, the North America accounts for the largest market share in Commerce Cloud Market. Read More

What years does this Commerce Cloud Market cover, and what was the market size in 2023?

In 2023, the Commerce Cloud Market size was estimated at USD 26.77 billion. The report covers the Commerce Cloud Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Commerce Cloud Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Commerce Cloud Market Share

Statistics for the 2023 & 2024 Commerce Cloud market share, created by Mordor Intelligence™ Industry Reports. Commerce Cloud share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Commerce Cloud Industry

The competitive landscape of the Commerce Cloud market is moderately fragmented owing to the presence of several major players, such as Salesforce, IBM, SAP, Oracle, Amazon Web Services, Google, Adobe, and many others, and the emergence of several small and medium-sized businesses. The market players view expansion as a lucrative path to expand their global presence and attract maximum market share. They are, therefore, making strategic partnerships and collaborations with retailers worldwide. Also, the solution providers are investing significantly to innovate their solutions, which will help them further increase their market presence.

Accenture bought The Stable, a commerce agency that helps consumer brands build and run their own digital commerce channels and manage their brand and sales performance at major North American retailers, in August 2022. This added to Accenture's ongoing investments in commerce, which help clients grow faster and stay relevant.