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Retail Omni-Channel Commerce Platform - Global Strategic Business Report

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    Report

  • 508 Pages
  • April 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4845822

Global Retail Omni-Channel Commerce Platform Market to Reach $27.7 Billion by 2030

The global market for Retail Omni-Channel Commerce Platform estimated at US$9.4 Billion in the year 2023, is projected to reach a revised size of US$27.7 Billion by 2030, growing at a CAGR of 14.4% over the analysis period 2023-2030.

eCommerce Solutions, one of the segments analyzed in the report, is projected to record 14.7% CAGR and reach US$16.4 Billion by the end of the analysis period. Growth in the Order Management Solutions segment is estimated at 9.9% CAGR for the next 8-year period.

The U.S. Market is Estimated at $2.8 Billion, While China is Forecast to Grow at 18.5% CAGR

The Retail Omni-Channel Commerce Platform market in the U.S. is estimated at US$2.8 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$6.2 Billion by the year 2030 trailing a CAGR of 18.5% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.2% and 12.1% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 11.1% CAGR.

Exciting New Report Features

  • Full access to influencer engagement stats
  • Free access to digital archives & research platform. The proprietary platform is fully enabled to unlock creativity and market knowledge of domain experts worldwide in a cohesive and collaborative manner. The state-of-art tools bring world class market perspectives while protecting participants` privacy and identity. Numbers, statistics and market narrative in the report are based on fully curated insights shared by domain experts and influencers in this space.
  • Opportunity to engage with interactive questionnaires that come with real-time data simulator tools & bespoke report generation capabilities
  • Full client access to peer collaborative and interactive platform for cross-enterprise smart exchange of ideas
  • Complimentary report updates for one year
  • Competitor coverage with global market shares of major players
  • Player market presence analysis (Strong/Active/Niche/Trivial) across multiple geographies
  • Access to curated YouTube video transcripts of domain experts/influencer interviews, podcasts, press statements and event keynotes

What to Expect from the Global Economy in 2024

Edgy geopolitics, and economic instability caused by monetary policy tightening and ensuing higher interest rates will create a tumultuous landscape for 2024. Several factors will continue to exert pressure on the path to recovery including hostilities in the Middle East and increasingly common climate disasters. Among the risks, several positives are also taking shape such as growing signs of disinflation and easing of anxiety over stubborn inflation, supply chain normalization and price moderation despite volatility in energy costs. Elections across several G21 jurisdictions, notably in India and the United States, will have potential ramifications for capital flows and investment strategies. While India emerges as a compelling destination in the global investment landscape, U.S, based tech firms will continue to dominate, fueled by a dynamic ecosystem of talent and capital. Tech opportunities in Silicon Valley and beyond remain attractive for investors seeking high-growth prospects supported largely by a resilient albeit slowing domestic economy and conducive regulatory environment. Europe will continue to battle tight monetary policy and recession risks with U.K. having the most challenging outlook and running the greatest risk of recession in 2024. China remains a wild card with hope for growth in the country underpinned by government spending and improvements in consumer spending. The volatile environment will offer both opportunities and challenges for investors and businesses alike. Embracing volatility as a catalyst for growth together with agility and strategic foresight in navigating investment decisions will remain important for survival.

Select Competitors (Total 36 Featured)

  • Microsoft Corporation
  • Toshiba Corporation
  • SAP SE
  • Salesforce.com, Inc.
  • Epicor Software Corporation
  • Magento Inc.
  • Toshiba Global Commerce Solutions, Inc.
  • Wix.com Ltd.
  • Intershop Communications AG
  • Unicommerce Esolutions Pvt. Ltd.
  • Tavant Technologies, Inc.
  • PrestaShop
  • Capillary Technologies

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • 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 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
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 - 2023
  • Penetration of e-Commerce in the US: e-Commerce Sales as % of Total Retail Sales for the Years 2010-2023
  • Downward Slide of Brick-and-Mortar Retail Stores Market: Sales of Department Stores in $ Billion in the US for the Years 2012-2023
  • 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 2023
  • 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 2023
  • 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
  • A Glance into Select Brands with Exceptional Omni-Channel Experiences
  • Select Popular Omnichannel eCommerce Platforms and Softwares
  • Major Challenges Retailers Face in Adopting Omnichannel Strategy
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Retail Omni-Channel Commerce Platform by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 2: World 7-Year Perspective for Retail Omni-Channel Commerce Platform by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2024 & 2030
  • Table 3: World Recent Past, Current & Future Analysis for eCommerce by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 4: World 7-Year Perspective for eCommerce by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2024 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Order Management by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 6: World 7-Year Perspective for Order Management by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Other Solutions by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 8: World 7-Year Perspective for Other Solutions by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2024 & 2030
  • Table 9: World Recent Past, Current & Future Analysis for SaaS by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 10: World 7-Year Perspective for SaaS by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2024 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for On-Premise by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 12: World 7-Year Perspective for On-Premise by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2024 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Consumer Electronics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 14: World 7-Year Perspective for Consumer Electronics by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2024 & 2030
  • Table 15: World Recent Past, Current & Future Analysis for FMCG by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 16: World 7-Year Perspective for FMCG by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2024 & 2030
  • Table 17: World Recent Past, Current & Future Analysis for Apparel & Footwear by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 18: World 7-Year Perspective for Apparel & Footwear by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2024 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Hospitality by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 20: World 7-Year Perspective for Hospitality by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2024 & 2030
  • Table 21: World Recent Past, Current & Future Analysis for Other Verticals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 22: World 7-Year Perspective for Other Verticals by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2024 & 2030
  • Table 23: World Retail Omni-Channel Commerce Platform Market Analysis of Annual Sales in US$ Million for Years 2020 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Retail Omni-Channel Commerce Platform Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Consumer Purchasing Trends in the US: A Statistical Overview
  • US Omnichannel Shopping Sales (2023): Percentage Breakdown of Sales by Buyer/Customer Category
  • US Digital Shoppers Market (2023): Preference (in %) of Customers by Shopping Method
  • US Shoppers Market (2023): Percentage Breakdown of Internet Users Buying Products by Method of Purchase for In-Store and Digital
CANADA
JAPAN
  • Retail Omni-Channel Commerce Platform Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Retail Omni-Channel Commerce Platform Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • Omnichannel Retailing Emerges as a Vital Strategy for Brick and Mortar Stores to Reverse Fortunes
  • Chinese Retail Market: Percentage Breakdown of Sales by Online Retail and Offline Retail Segments for the Years 2010 and 2023
  • Big Data to Play a Pivotal Role in the Success of Omni-Channel Retailing
  • Alibaba’s Omnichannel Retail Strategies
EUROPE
  • Retail Omni-Channel Commerce Platform Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCE
  • Retail Omni-Channel Commerce Platform Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Retail Omni-Channel Commerce Platform Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Retail Omni-Channel Commerce Platform Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Retail Omni-Channel Commerce Platform Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIA
  • Retail Omni-Channel Commerce Platform Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Retail Omni-Channel Commerce Platform Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Retail Omni-Channel Commerce Platform Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Retail Omni-Channel Commerce Platform Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Retail Omni-Channel Commerce Platform Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Microsoft Corporation
  • Toshiba Corporation
  • SAP SE
  • Salesforce.com, Inc.
  • Epicor Software Corporation
  • Magento Inc.
  • Toshiba Global Commerce Solutions, Inc.
  • Wix.com Ltd.
  • Intershop Communications AG
  • Unicommerce Esolutions Pvt. Ltd.
  • Tavant Technologies, Inc.
  • PrestaShop
  • Capillary Technologies