DUBLIN--(BUSINESS WIRE)--The "Retail Omni-Channel Commerce Platform - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The global market for Retail Omni-Channel Commerce Platform estimated at US$5.8 Billion in the year 2020, is projected to reach a revised size of US$16.9 Billion by 2027, growing at a CAGR of 16.4% over the analysis period 2020-2027.
eCommerce, one of the segments analyzed in the report, is projected to record a 16.8% CAGR and reach US$9.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Order Management segment is readjusted to a revised 11.5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.8 Billion, While China is Forecast to Grow at 21.3% CAGR
The Retail Omni-Channel Commerce Platform market in the U.S. is estimated at US$1.8 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$3.4 Billion by the year 2027 trailing a CAGR of 21.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.8% and 14.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 12.9% CAGR.
Other Solutions Segment to Record 17.8% CAGR
In the global Other Solutions segment, USA, Canada, Japan, China and Europe will drive the 16.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.2 Billion in the year 2020 will reach a projected size of US$3.7 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.5 Billion by the year 2027, while Latin America will expand at a 19.6% CAGR through the analysis period.
Select Competitors (Total 36 Featured) -
- Aptos, Inc.
- Citixsys Americas - iVend Retail
- Cognizant Technology Solutions Corporation
- Diebold Nixdorf, Inc.
- dunnhumby Limited
- Fujitsu Limited
- HCL Technologies Limited
- Infor Global Solutions, Inc.
- Infosys Limited
- Magento, An Adobe Company
- Microsoft Corporation
- NCR Corporation
- Oracle Corporation
- Retail pro international
- Salesforce.com, Inc.
- SAP SE
- Toshiba Corporation
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Retail Omni-Channel Commerce Platform: Enabling Retailers to Establish Presence across Multiple Channels and Platforms
- Competitive Scenario
- Retail Omni-Channel Commerce Platform - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- With Brick-and-Mortar Retail Stores Losing Sheen, Omnichannel Emerges as the Strategy to Survive and Thrive
- Sales Channel Preference of Global Shoppers (in %) in Making Purchases
- US Retail Market: Breakdown of Sales for Online and Offline Sales Channels in $ Billion for the Years 2016, 2017 and 2018
- Penetration of e-Commerce in the US: e-Commerce Sales as % of Total Retail Sales for the Years 2010, 2012, 2014, 2016 and 2018
- Downward Slide of Brick-and-Mortar Retail Stores Market: Sales of Department Stores in $ Billion in the US for the Years 2012, 2014, 2016 and 2018
- Brick-and-Mortar Retail Market Looks for Revival with Omnichannel Strategy
- Omnichannel Strategy to be Integral to e-Commerce Market
- Rapid Growth of e-Commerce Sales: Potential Opportunity for Omnichannel Retail Commerce Market
- Global B2C E-Commerce Sales in US$ Trillion for the Years 2017, 2019, 2021 and 2023
- Global E-Commerce Market as a % of Retail Sales for the Period 2017-2023
- Leading Retail E-Commerce Countries Worldwide: Ranked by Sales in $ Billion for 2019E
- Comparing Omni-Channel and Multi-Channel Retail Commerce
- Mobile Emerges as the Primary Platform to Connect Online and In-store Consumer Experiences
- Growing Use of Mobile Devices for Retail Sales: An Opportunity for Retailers to Maximize Value of Omnichannel Platforms
- Global Retail M-Commerce Market: Sales in $ Trillion for the Years 2017, 2019, 2021 and 2023
- M-Commerce Market in the US: Percentage Breakdown of Sales by Device for 2019 and 2025
- Surging Smartphone Penetration Augurs Well for Omnichannel Market: Smartphone Users as % of Global Population for the Period 2018-2022
- Mobile Shopping Apps Take Top Priority in Omnichannel Retailing
- OmniChannel Order Management: Enabling Order Management across All Retail Channels
- Omnichannel Order Fulfillment in Retail: Simplifying and Automating Retail
- World Omnichannel Fulfillment Capabilities: Percentage of Stores Enabled to Provide Various Omnichannel Fulfillment Capabilities for 2019
- New Generation Consumers Drive Omni-Channel Retail Commerce Market
- Food Retail Sector Moves towards Omnichannel Retailing
- Omnichannel Innovations Transform Grocery and Drugstore Market
- Omnichannel Retail Sector Looks to Tap the Power of Geospatial Analytics
- Phygital: The Latest Concept to Replace Omnichannel Strategy
- Advanced Technologies Revolutionizing Omnichannel Retail Space
- Emerging Technologies with Significant Implications for the Omnichannel Retail Space
- Innovations Help Blur Lines between Digital and In-store Shopping Blurring
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/pfvyol