Global Commerce Cloud Market Size & Outlook, 2023-2030

The global commerce cloud market size was estimated at USD 17,776.5 million in 2023 and is projected to reach USD 73,682.5 million by 2030, growing at a CAGR of 22.5% from 2024 to 2030.
Revenue, 2023 (US$M)
$17,776.5
Forecast, 2030 (US$M)
$73,682.5
CAGR, 2024 - 2030
22.5%
Report Coverage
Worldwide

Global commerce cloud market, 2018-2030 (US$M)

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Global commerce cloud market highlights

  • The global commerce cloud market generated a revenue of USD 17,776.5 million in 2023 and is expected to reach USD 73,682.5 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 22.5% by 2030.
  • In terms of segment, platform accounted for a revenue of USD 17,776.5 million in 2023.
  • Platform is the most lucrative type segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.

Global data book summary

Market revenue in 2023USD 17,776.5 million
Market revenue in 2030USD 73,682.5 million
Growth rate22.5% (CAGR from 2024 to 2030)
Largest segmentPlatform
Fastest growing segmentPlatform
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPlatform

Other key industry trends

  • In terms of revenue, the North America accounted for 35.0% of the global commerce cloud market in 2023.

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Commerce Cloud Market Scope

Commerce cloud market segmentation & scope
Service
Offering
Private Cloud
Public Cloud
Hybrid Cloud
Enterprise Size
SMEs
Large Enterprises
Vertical
Fashion and Apparel
Electronics and Appliances
Food and Beverages
Pharmaceutical and Grocery
Others
Countries
Canada
Mexico
U.S.
France
Germany
UK
Australia
China
India
Japan
South Korea
Brazil
Saudi Arabia
South Africa
UAE

Commerce Cloud Market Companies

Name Profile # Employees HQ Website
Apttus View profile 1001-5000 San Mateo, California, United States, North America http://apttus.com/
Episerver View profile 1001-5000 Nashua, New Hampshire, United States, North America http://www.episerver.com
BigCommerce View profile 1001-5000 Austin, Texas, United States, North America http://www.bigcommerce.com
Shopify Inc Registered Shs -A- Subord Vtg View profile 11600 151 O'Connor Street, Ground Floor, Ottawa, ON, Canada, K2P 2L8 https://www.shopify.com
Salesforce Inc View profile 72682 415 Mission Street, 3rd Floor, Salesforce Tower, San Francisco, CA, United States, 94105 https://www.salesforce.com
Adobe Inc View profile 29945 345 Park Avenue, San Jose, CA, United States, 95110-2704 https://www.adobe.com
SAP SE View profile 107602 Dietmar-Hopp-Allee 16, Walldorf, BW, Germany, 69190 https://www.sap.com
Alphabet Inc Class A View profile 180895 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 https://www.abc.xyz
International Business Machines Corp View profile 282200 One New Orchard Road, Armonk, NY, United States, 10504 http://www.ibm.com
Oracle Corp View profile 164000 2300 Oracle Way, Austin, TX, United States, 78741 https://www.oracle.com
Amazon.com Inc View profile 1525000 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 https://www.amazon.com

Global commerce cloud market size, by regions, 2018-2030 (US$M)

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