Global Digital Commerce Market (2021 to 2030) – by Component, Browsing Method, Payment Method, Business Type and Vertical – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Digital Commerce Marketplace” report has been added to from ResearchAndMarkets.com offer.

Digital commerce is one of the processes of trading and buying online without human interference. It is a fully automated version of e-commerce, from marketing and sales to product delivery. Although full automation seems like overkill, some of the world’s largest retail conglomerates have already implemented this system.

Digital commerce covers things like content management, data query and analysis, design and user experience, customer engagement and retention, and the ability to adapt and deploy quickly functionality on every customer-facing endpoint with ease. Digital commerce is customer-centric and is concerned with optimizing the customer experience at every touchpoint throughout the buyer’s journey.

Many factors such as increasing penetration of internet and smart phones, growth in the use of social media and social commerce, and advancement of multiple payment methods are driving the digital commerce market. However, online fraud and cybersecurity issues and lack of consumer confidence in online shopping are limiting the market globally. Additionally, the expansion of cross-border e-commerce and automation of digital commerce are creating lucrative opportunities in the market.

The digital commerce industry is segmented on the basis of component, browsing method, payment method, business type, industry vertical, and region. By component, it is divided into solution and service. By browsing method, it is divided into desktop/laptop and mobile/tablets. By payment method, it is categorized into card payment, bank transfer, wallet payment, cash payment and cryptocurrency. By business type, it is categorized into Business-to-Business and Business-to-Consumer. By vertical, it is categorized into BFSI, Automotive, Manufacturing, Home Goods Retail, Healthcare & Pharmaceuticals, Media & Entertainment, etc. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Benefits

  • The study provides an in-depth analysis of the Digital Commerce market along with current trends and future estimations to elucidate impending investment pockets.

  • Information on the major drivers, restraints and opportunities and their impact analysis on the size of the digital commerce market is provided.

  • Porter’s five forces analysis illustrates the power of buyers and suppliers operating in the digital commerce market.

  • The quantitative analysis from 2020 to 2030 is provided to determine the potential of the digital commerce market.

Market dynamics

Drivers

  • Growing penetration of internet and smart phones

  • Growing use of social media and social commerce

  • Advancement of multiple payment methods

Constraints

  • Online fraud and cybersecurity issues

  • Lack of confidence due to lack of touch and felt experience.

Opportunities

  • Digital Commerce Automation

  • Expansion of cross-border e-commerce

Companies cited

  • Alibaba Group Holding Limited

  • Amazon.com Inc.

  • eBay Inc Best Buy

  • JD.com Inc.

  • Otto GmbH & Co

  • Rakuten Inc.

  • Shopify Inc.

  • The reception deposit

  • Walmart Inc.

For more information on this report, visit https://www.researchandmarkets.com/r/3ykyqr

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