Commerce Cloud Market Size and Forecast (2022 - 2031): Global and Regional Share, Trends, and Growth Opportunity Analysis by Component (Platform [B2C, B2B], Services [Consulting, Integration & Deployment, Support & Maintenance]), by Enterprise Size (Small and Medium Enterprises, Large Enterprises), by Application (Grocery & Pharmaceuticals, Electronics, Fashion & Apparel, Travel & Hospitality, Others), by Deployment Mode (Public Cloud, Private Cloud, Hybrid Cloud), and by Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa)

Report Format: PDF   |   Report ID: 5705748   |   Published Date: October 2024   |   Pages:  146  

Commerce Cloud Market Size Estimation:
The global Commerce Cloud Market is estimated to reach USD 72 billion by 2031, growing at a CAGR of 16% from 2024 to 2031. The Commerce Cloud market is witnessing rapid growth, with a substantial increase in adoption by both small and large enterprises. The global market size is to grow fuelled by the expansion of e-commerce, the shift to digital channels, and rising investment in cloud-based infrastructure. Growth is particularly robust in regions such as North America and Europe, though emerging markets in Asia-Pacific are also contributing significantly to the market expansion.
Report Overview:
The 'Global Commerce Cloud Market Analysis and Forecast' report provides a comprehensive analysis of Commerce Cloud Market from 2022 to 2031, with a focus on key trends, drivers, challenges, and opportunities shaping the industry. The report offers insights into market dynamics, competitive landscape, regulatory framework, and regional analysis to assist stakeholders in making informed decisions. It aims to provide a detailed understanding of the market landscape, enabling companies to devise effective strategies for market penetration and growth during the forecast period.
Market Definition:
The Commerce Cloud market refers to the collection of cloud-based platforms and services designed to support online businesses in creating and managing their digital storefronts, customer experiences, and back-end operations. These solutions enable businesses to manage e-commerce functions such as product catalogs, customer interactions, order fulfillment, and analytics. Commerce Cloud platforms provide flexibility, scalability, and integration capabilities for businesses across industries, aiming to enhance customer engagement and streamline digital commerce operations. 
Market Dynamics:
The Commerce Cloud market is driven by the increasing shift toward online shopping and digital transformation across industries. Companies are investing in cloud-based solutions to enhance scalability, customer experiences, and operational efficiency. Key dynamics include technological advancements such as AI-driven personalization and automation, the growing need for omnichannel retailing, and the rising importance of data-driven insights. Competition in the market is intense, with businesses seeking to differentiate through innovative features and robust security measures. 
Market Trends:
Significant trends in the Commerce Cloud market include the integration of AI and machine learning to offer personalized shopping experiences, the growing emphasis on omnichannel retail strategies, and the increasing use of mobile commerce solutions. Businesses are also focusing on using cloud-based platforms to enhance sustainability by optimizing supply chain operations. Another trend is the rising demand for headless commerce, which decouples front-end customer experiences from back-end systems, providing greater flexibility and customization.
Market Driver: Rapid adoption of e-commerce
The primary drivers of the Commerce Cloud market are the rapid adoption of e-commerce, the increasing preference for flexible, scalable, and cost-effective cloud solutions, and the demand for enhanced customer experiences. Businesses are transitioning to cloud platforms to handle fluctuating demand, improve uptime, and reduce infrastructure costs. The growing role of data analytics in shaping personalized and dynamic customer interactions also fuels the need for Commerce Cloud platforms. 
Market Restraint: Data security and regulatory compliance
The Commerce Cloud market faces certain restraints, including concerns related to data security, privacy, and compliance with various regulations. Some businesses may also be hesitant to fully adopt cloud-based systems due to the complexities of integration with existing legacy systems. Additionally, the reliance on internet infrastructure and potential downtime risks may deter organizations from shifting to cloud-based commerce solutions, especially in regions with inadequate digital infrastructure. 
Market Segmentation:
Commerce Cloud Market is segmented Analysis by Component (Platform [B2C, B2B], Services [Consulting, Integration & Deployment, Support & Maintenance]), by Enterprise Size (Small and Medium Enterprises, Large Enterprises), by Application (Grocery & Pharmaceuticals, Electronics, Fashion & Apparel, Travel & Hospitality, Others), by Deployment Mode (Public Cloud, Private Cloud, Hybrid Cloud). The market is also analyzed across key regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa, providing insights into regional market dynamics and growth opportunities.
Competitive Landscape:
The Commerce Cloud market is highly competitive, with major players such as Salesforce, SAP, Oracle, and Adobe leading the industry. These companies are continually enhancing their platforms by adding new features and capabilities like AI integration, real-time data analytics, and omnichannel support. Startups and niche providers are also entering the market with specialized solutions catering to specific industries. Strategic partnerships, mergers, and acquisitions are common as companies seek to broaden their capabilities and market reach. 
Market Forecast:
The Commerce Cloud market is expected to grow at a significant compound annual growth rate (CAGR) over the next few years, driven by the increasing adoption of digital commerce and cloud-based solutions across various industries. Rising demand for omnichannel experiences, AI-based personalization, and headless commerce are set to drive future growth. As businesses continue their digital transformation journeys, the market is likely to see innovation in capabilities like automation, predictive analytics, and enhanced security features. 
Regulatory Framework:
The regulatory framework in the Commerce Cloud market primarily revolves around data privacy laws, such as the General Data Protection Regulation (GDPR) in Europe, the California Consumer Privacy Act (CCPA) in the U.S., and other national data protection laws. Compliance with these regulations is critical for businesses to ensure the secure handling of customer data. Additionally, industry-specific regulations, particularly in sectors like finance and healthcare, may also impact the adoption and operation of Commerce Cloud platforms.
Customer Landscape:
The customer landscape in the Commerce Cloud market includes a diverse range of businesses, from small and medium-sized enterprises (SMEs) to large corporations. Retail, manufacturing, healthcare, and financial services are among the key industries utilizing cloud-based commerce solutions. Customers seek platforms that offer flexibility, scalability, and integration with existing systems to provide seamless online shopping experiences, improve customer engagement, and streamline operations.
Regional Analysis:
North America is the largest market for Commerce Cloud solutions, driven by a mature digital commerce ecosystem and high levels of cloud adoption. Europe follows closely, with businesses seeking to comply with strict data privacy regulations while enhancing customer experiences. The Asia-Pacific region is experiencing rapid growth due to the rise of e-commerce in emerging economies like China, India, and Southeast Asia. Latin America and the Middle East & Africa are also showing potential as businesses in these regions increasingly embrace digital transformation.
Industry Outlook:
The Commerce Cloud market has a positive industry outlook, with strong growth prospects driven by the ongoing digital transformation of businesses and the rapid expansion of e-commerce. The increasing adoption of AI, automation, and omnichannel retail strategies will continue to shape the market, providing businesses with tools to enhance customer engagement and operational efficiency. Cloud technology is expected to remain a critical enabler of innovation, supporting the evolving needs of the global commerce landscape.
Table of Contents
1. Executive Summary
2. Market Introduction
2.1. Market Definition
2.2. Market Segmentation
2.3. Research Methodology
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
3.4. Market Trends
4. Global Commerce Cloud Market, by Component
4.1. Platform
    4.1.1. B2C
    4.1.2. B2B
4.2. Services
    4.2.1. Consulting
    4.2.2. Integration & Deployment
    4.2.3. Support & Maintenance
5. Global Commerce Cloud Market, by Enterprise Size
5.1. Small and Medium Enterprises
5.2. Large Enterprises
6. Global Commerce Cloud Market, by Application
6.1. Grocery & Pharmaceuticals
6.2. Electronics
6.3. Fashion & Apparel
6.4. Travel & Hospitality
6.5. Others
7. Global Commerce Cloud Market, by Deployment Mode
7.1. Public Cloud
7.2. Private Cloud
7.3. Hybrid Cloud
8. Global Commerce Cloud Market, by Region
8.1. North America
8.1.1. United States
8.1.2. Canada
8.1.3. Mexico
8.2. Europe
8.2.1. Germany
8.2.2. United Kingdom
8.2.3. France
8.2.4. Italy
8.2.5. Spain
8.2.6. Rest of Europe
8.3. Asia Pacific
8.3.1. China
8.3.2. Japan
8.3.3. India
8.3.4. South Korea
8.3.5. Australia
8.3.6. Rest of Asia Pacific
8.4. South and Central America
8.4.1. Brazil
8.4.2. Argentina
8.4.3. Rest of South and Central America
8.5. Middle East & Africa
8.5.1. Saudi Arabia
8.5.2. UAE
8.5.3. South Africa
8.5.4. Rest of MEA
9. Competitive Landscape
9.1. Market Share Analysis
9.2. Company Profiles
9.2.1. Salesforce, Inc.
9.2.2. Oracle Corporation
9.2.3. SAP SE
9.2.4. Adobe Inc.
9.2.5. Shopify Inc.
9.2.6. BigCommerce Holdings, Inc.
9.2.7. Magento (an Adobe Company)
9.2.8. IBM Corporation
9.2.9. Microsoft Corporation
9.2.10. Elastic Path Software Inc.
9.2.11. Episerver (Optimizely)
9.2.12. Sitecore Corporation
9.2.13. VTEX
9.2.14. Kibo Commerce
9.2.15. commercetools GmbH
10. Conclusion and Future Outlook
11. Appendix

List of Tables Table 1: Global Commerce Cloud Market Value by Component, 2022-2032 (USD Million) Table 2: Global Commerce Cloud Market Value by Enterprise Size, 2022-2032 (USD Million) Table 3: Global Commerce Cloud Market Value by Application, 2022-2032 (USD Million) Table 4: Global Commerce Cloud Market Value by Deployment Mode, 2022-2032 (USD Million) Table 5: North America Commerce Cloud Market Value by Country, 2022-2032 (USD Million) Table 6: United States Commerce Cloud Market Value by Component, 2022-2032 (USD Million) Table 7: United States Commerce Cloud Market Value by Enterprise Size, 2022-2032 (USD Million) Table 8: United States Commerce Cloud Market Value by Application, 2022-2032 (USD Million) Table 9: United States Commerce Cloud Market Value by Deployment Mode, 2022-2032 (USD Million) Table 10: Canada Commerce Cloud Market Value by Component, 2022-2032 (USD Million) Table 11: Canada Commerce Cloud Market Value by Enterprise Size, 2022-2032 (USD Million) Table 12: Canada Commerce Cloud Market Value by Application, 2022-2032 (USD Million) Table 13: Canada Commerce Cloud Market Value by Deployment Mode, 2022-2032 (USD Million) Table 14: Mexico Commerce Cloud Market Value by Component, 2022-2032 (USD Million) Table 15: Mexico Commerce Cloud Market Value by Enterprise Size, 2022-2032 (USD Million) Table 16: Mexico Commerce Cloud Market Value by Application, 2022-2032 (USD Million) Table 17: Mexico Commerce Cloud Market Value by Deployment Mode, 2022-2032 (USD Million) Table 18: Europe Commerce Cloud Market Value by Country, 2022-2032 (USD Million) Table 19: Germany Commerce Cloud Market Value by Component, 2022-2032 (USD Million) Table 20: Germany Commerce Cloud Market Value by Enterprise Size, 2022-2032 (USD Million) Table 21: Germany Commerce Cloud Market Value by Application, 2022-2032 (USD Million) Table 22: Germany Commerce Cloud Market Value by Deployment Mode, 2022-2032 (USD Million) Table 23: United Kingdom Commerce Cloud Market Value by Component, 2022-2032 (USD Million) Table 24: United Kingdom Commerce Cloud Market Value by Enterprise Size, 2022-2032 (USD Million) Table 25: United Kingdom Commerce Cloud Market Value by Application, 2022-2032 (USD Million) Table 26: United Kingdom Commerce Cloud Market Value by Deployment Mode, 2022-2032 (USD Million) Table 27: France Commerce Cloud Market Value by Component, 2022-2032 (USD Million) Table 28: France Commerce Cloud Market Value by Enterprise Size, 2022-2032 (USD Million) Table 29: France Commerce Cloud Market Value by Application, 2022-2032 (USD Million) Table 30: France Commerce Cloud Market Value by Deployment Mode, 2022-2032 (USD Million) Table 31: Italy Commerce Cloud Market Value by Component, 2022-2032 (USD Million) Table 32: Italy Commerce Cloud Market Value by Enterprise Size, 2022-2032 (USD Million) Table 33: Italy Commerce Cloud Market Value by Application, 2022-2032 (USD Million) Table 34: Italy Commerce Cloud Market Value by Deployment Mode, 2022-2032 (USD Million) Table 35: Spain Commerce Cloud Market Value by Component, 2022-2032 (USD Million) Table 36: Spain Commerce Cloud Market Value by Enterprise Size, 2022-2032 (USD Million) Table 37: Spain Commerce Cloud Market Value by Application, 2022-2032 (USD Million) Table 38: Spain Commerce Cloud Market Value by Deployment Mode, 2022-2032 (USD Million) Table 39: Russia Commerce Cloud Market Value by Component, 2022-2032 (USD Million) Table 40: Russia Commerce Cloud Market Value by Enterprise Size, 2022-2032 (USD Million) Table 41: Russia Commerce Cloud Market Value by Application, 2022-2032 (USD Million) Table 42: Russia Commerce Cloud Market Value by Deployment Mode, 2022-2032 (USD Million) Table 43: Rest of Europe Commerce Cloud Market Value by Component, 2022-2032 (USD Million) Table 44: Rest of Europe Commerce Cloud Market Value by Enterprise Size, 2022-2032 (USD Million) Table 45: Rest of Europe Commerce Cloud Market Value by Application, 2022-2032 (USD Million) Table 46: Rest of Europe Commerce Cloud Market Value by Deployment Mode, 2022-2032 (USD Million) Table 47: Asia Pacific Commerce Cloud Market Value by Country, 2022-2032 (USD Million) Table 48: China Commerce Cloud Market Value by Component, 2022-2032 (USD Million) Table 49: China Commerce Cloud Market Value by Enterprise Size, 2022-2032 (USD Million) Table 50: China Commerce Cloud Market Value by Application, 2022-2032 (USD Million) Table 51: China Commerce Cloud Market Value by Deployment Mode, 2022-2032 (USD Million) Table 52: Japan Commerce Cloud Market Value by Component, 2022-2032 (USD Million) Table 53: Japan Commerce Cloud Market Value by Enterprise Size, 2022-2032 (USD Million) Table 54: Japan Commerce Cloud Market Value by Application, 2022-2032 (USD Million) Table 55: Japan Commerce Cloud Market Value by Deployment Mode, 2022-2032 (USD Million) Table 56: India Commerce Cloud Market Value by Component, 2022-2032 (USD Million) Table 57: India Commerce Cloud Market Value by Enterprise Size, 2022-2032 (USD Million) Table 58: India Commerce Cloud Market Value by Application, 2022-2032 (USD Million) Table 59: India Commerce Cloud Market Value by Deployment Mode, 2022-2032 (USD Million) Table 60: Australia Commerce Cloud Market Value by Component, 2022-2032 (USD Million) Table 61: Australia Commerce Cloud Market Value by Enterprise Size, 2022-2032 (USD Million) Table 62: Australia Commerce Cloud Market Value by Application, 2022-2032 (USD Million) Table 63: Australia Commerce Cloud Market Value by Deployment Mode, 2022-2032 (USD Million) Table 64: South Korea Commerce Cloud Market Value by Component, 2022-2032 (USD Million) Table 65: South Korea Commerce Cloud Market Value by Enterprise Size, 2022-2032 (USD Million) Table 66: South Korea Commerce Cloud Market Value by Application, 2022-2032 (USD Million) Table 67: South Korea Commerce Cloud Market Value by Deployment Mode, 2022-2032 (USD Million) Table 68: ASEAN Commerce Cloud Market Value by Component, 2022-2032 (USD Million) Table 69: ASEAN Commerce Cloud Market Value by Enterprise Size, 2022-2032 (USD Million) Table 70: ASEAN Commerce Cloud Market Value by Application, 2022-2032 (USD Million) Table 71: ASEAN Commerce Cloud Market Value by Deployment Mode, 2022-2032 (USD Million) Table 72: Rest of Asia-Pacific Commerce Cloud Market Value by Component, 2022-2032 (USD Million) Table 73: Rest of Asia-Pacific Commerce Cloud Market Value by Enterprise Size, 2022-2032 (USD Million) Table 74: Rest of Asia-Pacific Commerce Cloud Market Value by Application, 2022-2032 (USD Million) Table 75: Rest of Asia-Pacific Commerce Cloud Market Value by Deployment Mode, 2022-2032 (USD Million) Table 76: MEA Commerce Cloud Market Value by Country, 2022-2032 (USD Million) Table 77: Turkey Commerce Cloud Market Value by Component, 2022-2032 (USD Million) Table 78: Turkey Commerce Cloud Market Value by Enterprise Size, 2022-2032 (USD Million) Table 79: Turkey Commerce Cloud Market Value by Application, 2022-2032 (USD Million) Table 80: Turkey Commerce Cloud Market Value by Deployment Mode, 2022-2032 (USD Million) Table 81: Saudi Arabia Commerce Cloud Market Value by Component, 2022-2032 (USD Million) Table 82: Saudi Arabia Commerce Cloud Market Value by Enterprise Size, 2022-2032 (USD Million) Table 83: Saudi Arabia Commerce Cloud Market Value by Application, 2022-2032 (USD Million) Table 84: Saudi Arabia Commerce Cloud Market Value by Deployment Mode, 2022-2032 (USD Million) Table 85: UAE Commerce Cloud Market Value by Component, 2022-2032 (USD Million) Table 86: UAE Commerce Cloud Market Value by Enterprise Size, 2022-2032 (USD Million) Table 87: UAE Commerce Cloud Market Value by Application, 2022-2032 (USD Million) Table 88: UAE Commerce Cloud Market Value by Deployment Mode, 2022-2032 (USD Million) Table 89: South Africa Commerce Cloud Market Value by Component, 2022-2032 (USD Million) Table 90: South Africa Commerce Cloud Market Value by Enterprise Size, 2022-2032 (USD Million) Table 91: South Africa Commerce Cloud Market Value by Application, 2022-2032 (USD Million) Table 92: South Africa Commerce Cloud Market Value by Deployment Mode, 2022-2032 (USD Million) Table 93: Rest of MEA Commerce Cloud Market Value by Component, 2022-2032 (USD Million) Table 94: Rest of MEA Commerce Cloud Market Value by Enterprise Size, 2022-2032 (USD Million) Table 95: Rest of MEA Commerce Cloud Market Value by Application, 2022-2032 (USD Million) Table 96: Rest of MEA Commerce Cloud Market Value by Deployment Mode, 2022-2032 (USD Million) Table 97: South America Commerce Cloud Market Value by Country, 2022-2032 (USD Million) Table 98: Brazil Commerce Cloud Market Value by Component, 2022-2032 (USD Million) Table 99: Brazil Commerce Cloud Market Value by Enterprise Size, 2022-2032 (USD Million) Table 100: Brazil Commerce Cloud Market Value by Application, 2022-2032 (USD Million) Table 101: Brazil Commerce Cloud Market Value by Deployment Mode, 2022-2032 (USD Million) Table 102: Argentina Commerce Cloud Market Value by Component, 2022-2032 (USD Million) Table 103: Argentina Commerce Cloud Market Value by Enterprise Size, 2022-2032 (USD Million) Table 104: Argentina Commerce Cloud Market Value by Application, 2022-2032 (USD Million) Table 105: Argentina Commerce Cloud Market Value by Deployment Mode, 2022-2032 (USD Million) Table 106: Rest of South America Commerce Cloud Market Value by Component, 2022-2032 (USD Million) Table 107: Rest of South America Commerce Cloud Market Value by Enterprise Size, 2022-2032 (USD Million) Table 108: Rest of South America Commerce Cloud Market Value by Application, 2022-2032 (USD Million) Table 109: Rest of South America Commerce Cloud Market Value by Deployment Mode, 2022-2032 (USD Million) Table 110:Company Regional Footprint Table 111:Company Industry Footprint List of Figures Figure 1: Global Commerce Cloud Market Segments Figure 2: Research Timelines Figure 3: Data Triangulation Method Figure 4: Market Research Flow Figure 5: Data Sources Figure 6: Executive Summary Figure 7: Global Commerce Cloud Market Estimates And Forecast (USD Million), 2022-2031 Figure 8: Global Commerce Cloud Market Absolute Market Opportunity Figure 9: Global Commerce Cloud Market Attractiveness Analysis, By Region Figure 10: Global Commerce Cloud Market Attractiveness Analysis, By Component Figure 11: Global Commerce Cloud Market Attractiveness Analysis, By Enterprise Size Figure 12: Global Commerce Cloud Market Attractiveness Analysis, By Application Figure 13: Global Commerce Cloud Market Attractiveness Analysis, By Deployment Mode Figure 14: Global Commerce Cloud Market Geographical Analysis, 2024-2031 Figure 15: Global Commerce Cloud Market, By Component (USD Million) Figure 16: Global Commerce Cloud Market, By Enterprise Size (USD Million) Figure 17: Global Commerce Cloud Market, By Application (USD Million) Figure 18: Global Commerce Cloud Market, By Deployment Mode (USD Million) Figure 19: Future Market Opportunities Figure 20: Global Commerce Cloud Market Outlook Figure 21: Porter'S Five Forces Analysis Figure 22: Global Commerce Cloud Market, By Component Figure 23: Global Commerce Cloud Market Basis Point Share (BPS) Analysis, By Component Figure 24: Global Commerce Cloud Market, By Enterprise Size Figure 25: Global Commerce Cloud Market Basis Point Share (BPS) Analysis, By Enterprise Size Figure 26: Global Commerce Cloud Market, By Application Figure 27: Global Commerce Cloud Market Basis Point Share (BPS) Analysis, By Application Figure 28: Global Commerce Cloud Market, By Deployment Mode Figure 29: Global Commerce Cloud Market Basis Point Share (BPS) Analysis, By Deployment Mode Figure 30: Global Commerce Cloud Market, By Geography, 2022-2031 (USD Million) Figure 31: North America Market Snapshot Figure 32: U.S. Market Snapshot Figure 33: Canada Market Snapshot Figure 34: Mexico Market Snapshot Figure 35: Europe Market Snapshot Figure 36: Germany Market Snapshot Figure 37: UK Market Snapshot Figure 38: France Market Snapshot Figure 39: Italy Market Snapshot Figure 40: Russia Market Snapshot Figure 41: Spain Market Snapshot Figure 42: Rest Of Europe Market Snapshot Figure 43: Asia-Pacific Market Snapshot Figure 44: China Market Snapshot Figure 45: India Market Snapshot Figure 46: Japan Market Snapshot Figure 47: Australia Market Snapshot Figure 48: South Korea Market Snapshot Figure 49: ASEAN Market Snapshot Figure 50: Rest Of Asia-Pacific Market Snapshot Figure 51: MEA Market Snapshot Figure 52: Turkey Market Snapshot Figure 53: UAE Market Snapshot Figure 54: Saudi Arabia Market Snapshot Figure 55: South Africa Market Snapshot Figure 56: Rest Of MEA Market Snapshot Figure 57: South America Market Snapshot Figure 58: Brazil Market Snapshot Figure 59: Argentina Market Snapshot Figure 60: Rest Of South America Market Snapshot Figure 61: Company Market Ranking Analysis Figure 62: Ace Matrix Figure 63: Salesforce, Inc. - Company Insights Figure 64: Salesforce, Inc. - Segment Breakdown Figure 65: Salesforce, Inc. - SWOT Analysis Figure 66: Oracle Corporation - Company Insights Figure 67: Oracle Corporation - Segment Breakdown Figure 68: Oracle Corporation - SWOT Analysis Figure 69: SAP SE - Company Insights Figure 70: SAP SE - Segment Breakdown Figure 71: SAP SE - SWOT Analysis Figure 72: Adobe Inc. - Company Insights Figure 73: Adobe Inc. - Segment Breakdown Figure 74: Adobe Inc. - SWOT Analysis Figure 75: Shopify Inc. - Company Insights Figure 76: Shopify Inc. - Segment Breakdown Figure 77: Shopify Inc. - SWOT Analysis Figure 78: - Company Insights Figure 79: - Segment Breakdown Figure 80: - SWOT Analysis Figure 81: BigCommerce Holdings, Inc. - Company Insights Figure 82: BigCommerce Holdings, Inc. - Segment Breakdown Figure 83: BigCommerce Holdings, Inc. - SWOT Analysis Figure 84: Magento (an Adobe Company) - Company Insights Figure 85: Magento (an Adobe Company) - Segment Breakdown Figure 86: Magento (an Adobe Company) - SWOT Analysis Figure 87: IBM Corporation - Company Insights Figure 88: IBM Corporation - Segment Breakdown Figure 89: IBM Corporation - SWOT Analysis Figure 90: Microsoft Corporation - Company Insights Figure 91: Microsoft Corporation - Segment Breakdown Figure 92: Microsoft Corporation - SWOT Analysis Figure 93: Elastic Path Software Inc. - Company Insights Figure 94: Elastic Path Software Inc. - Segment Breakdown Figure 95: Elastic Path Software Inc. - SWOT Analysis Figure 96: - Company Insights Figure 97: - Segment Breakdown Figure 98: - SWOT Analysis Figure 99: Episerver (Optimizely) - Company Insights Figure 100: Episerver (Optimizely) - Segment Breakdown Figure 101: Episerver (Optimizely) - SWOT Analysis Figure 102: Sitecore Corporation - Company Insights Figure 103: Sitecore Corporation - Segment Breakdown Figure 104: Sitecore Corporation - SWOT Analysis Figure 105: VTEX - Company Insights Figure 106: VTEX - Segment Breakdown Figure 107: VTEX - SWOT Analysis Figure 108: Kibo Commerce - Company Insights Figure 109: Kibo Commerce - Segment Breakdown Figure 110: Kibo Commerce - SWOT Analysis Figure 111: commercetools GmbH - Company Insights Figure 112: commercetools GmbH - Segment Breakdown Figure 113: commercetools GmbH - SWOT Analysis

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