Digital Commerce Platform State of the Market 2023
State of the Market Report

28 Aug 2023
by Nitish Mittal, Nisha Krishan, Kyatham Manaswini, Aakash Verma

The digital commerce sector is steadily expanding, driven by technological advances. Along with next-generation technologies such as AR/VR, blockchain, and IoT, generative AI is also gaining momentum in this space, holding significant potential to impact digital commerce. As the landscape evolves, digital commerce architecture is shifting toward composability to achieve flexibility and agility. Platform providers are also actively introducing initiatives to provide composable commerce offerings.

Despite the continued dominance of B2C commerce in the market, B2B commerce is gaining momentum due to evolving customer expectations. In addition, providers are partnering with payment platforms to enhance customer experience through secure and flexible payment options.

In this report, we analyze the digital commerce market and the key drivers fueling its growth. The report also focuses on emerging market trends that shape the digital commerce landscape, exploring investments, partnerships, and acquisitions in this domain.

Scope

All industries and geographies

Contents

In this report, we:

  • Define digital commerce
  • Examine the market size and growth of digital commerce
  • Highlight key market trends that dominate the digital commerce market in 2023
  • Explore investments, partnerships, and acquisitions transpiring in the digital commerce space

Membership(s)

Interactive Experience (IX) Services

Sourcing and Vendor Management

 

Page Count: 41