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PUBLISHER: KBV Research | PRODUCT CODE: 1555935
PUBLISHER: KBV Research | PRODUCT CODE: 1555935
LAMEA Commerce Cloud Market Size, Share & Trends Analysis Report By Type (Platform, and Services), By Offering, By Enterprise Size, By Country and Growth Forecast, 2024 - 2031
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The Latin America, Middle East and Africa Commerce Cloud Market would witness market growth of 24.3% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Commerce Cloud Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,401.4 million by 2031. The Argentina market is showcasing a CAGR of 25.1% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 23.3% during (2024 - 2031).
Commerce cloud platforms enable businesses to create and manage omnichannel loyalty programs that reward customers for their interactions across all channels, including online stores, mobile apps, and physical locations. Businesses can design flexible and customizable loyalty rewards based on customer preferences, purchase frequency, and engagement levels. These rewards can include discounts, exclusive access to new products, and special promotions.
The adoption of commerce cloud solutions has seen significant growth across various industries. Several factors contribute to this widespread adoption. Commerce cloud platforms enable businesses to deliver highly personalized customer experiences at scale. Through advanced data analytics and machine learning, businesses can tailor product recommendations, marketing messages, and shopping experiences to individual customer preferences, enhancing satisfaction and loyalty.
By 2025, the Dubai Chamber of Commerce and Industry anticipates that e-commerce will generate $8 billion in sales in the UAE market. As the UAE continues to expand its role as a global trade hub, the demand for advanced commerce cloud solutions that facilitate international trade, cross-border e-commerce, and logistics management will grow. This includes solutions for handling diverse currencies, customs regulations, and international shipping requirements. Expanding the retail sector in the UAE, particularly in high-end and luxury markets, boosts the demand for commerce cloud solutions that support sophisticated e-commerce operations, including personalized customer experiences, high-volume transactions, and seamless integration with luxury brand requirements. With the UAE's growing emphasis on sustainability and green initiatives, there is an increasing demand for commerce cloud solutions that support sustainable practices. This includes features for managing eco-friendly supply chains, reducing carbon footprints, and supporting green certifications. Thus, the increasing food and beverage industry and growing e-commerce sector in the region promote the market's growth.
Based on Type, the market is segmented into Platform, and Services. Based on Offering, the market is segmented into Public Cloud, Hybrid Cloud, and Private Cloud. Based on Enterprise Size, the market is segmented into Large Enterprises, and SMEs. Based on Vertical, the market is segmented into Fashion & Apparel, Electronics & Appliances, Food & Beverages, Pharmaceutical & Grocery, and Other Vertical. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Oracle Corporation
- Salesforce.com, Inc.
- IBM Corporation
- Microsoft Corporation
- SAP SE
- Shopify Inc.
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Adobe, Inc.
- Google LLC
- BigCommerce Inc.
LAMEA Commerce Cloud Market Report Segmentation
By Type
- Platform
- Services
By Offering
- Public Cloud
- Hybrid Cloud
- Private Cloud
By Enterprise Size
- Large Enterprises
- SMEs
By Vertical
- Fashion & Apparel
- Electronics & Appliances
- Food & Beverages
- Pharmaceutical & Grocery
- Other Vertical
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 LAMEA Commerce Cloud Market, by Type
- 1.4.2 LAMEA Commerce Cloud Market, by Offering
- 1.4.3 LAMEA Commerce Cloud Market, by Enterprise Size
- 1.4.4 LAMEA Commerce Cloud Market, by Vertical
- 1.4.5 LAMEA Commerce Cloud Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Market Share Analysis, 2023
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2021, Mar - 2024, Jul) Leading Players
- 4.5 Porter Five Forces Analysis
Chapter 5. LAMEA Commerce Cloud Market by Type
- 5.1 LAMEA Platform Market by Country
- 5.2 LAMEA Services Market by Country
Chapter 6. LAMEA Commerce Cloud Market by Offering
- 6.1 LAMEA Public Cloud Market by Country
- 6.2 LAMEA Hybrid Cloud Market by Country
- 6.3 LAMEA Private Cloud Market by Country
Chapter 7. LAMEA Commerce Cloud Market by Enterprise Size
- 7.1 LAMEA Large Enterprises Market by Country
- 7.2 LAMEA SMEs Market by Country
Chapter 8. LAMEA Commerce Cloud Market by Vertical
- 8.1 LAMEA Fashion & Apparel Market by Country
- 8.2 LAMEA Electronics & Appliances Market by Country
- 8.3 LAMEA Food & Beverages Market by Country
- 8.4 LAMEA Pharmaceutical & Grocery Market by Country
- 8.5 LAMEA Other Vertical Market by Country
Chapter 9. LAMEA Commerce Cloud Market by Country
- 9.1 Brazil Commerce Cloud Market
- 9.1.1 Brazil Commerce Cloud Market by Type
- 9.1.2 Brazil Commerce Cloud Market by Offering
- 9.1.3 Brazil Commerce Cloud Market by Enterprise Size
- 9.1.4 Brazil Commerce Cloud Market by Vertical
- 9.2 Argentina Commerce Cloud Market
- 9.2.1 Argentina Commerce Cloud Market by Type
- 9.2.2 Argentina Commerce Cloud Market by Offering
- 9.2.3 Argentina Commerce Cloud Market by Enterprise Size
- 9.2.4 Argentina Commerce Cloud Market by Vertical
- 9.3 UAE Commerce Cloud Market
- 9.3.1 UAE Commerce Cloud Market by Type
- 9.3.2 UAE Commerce Cloud Market by Offering
- 9.3.3 UAE Commerce Cloud Market by Enterprise Size
- 9.3.4 UAE Commerce Cloud Market by Vertical
- 9.4 Saudi Arabia Commerce Cloud Market
- 9.4.1 Saudi Arabia Commerce Cloud Market by Type
- 9.4.2 Saudi Arabia Commerce Cloud Market by Offering
- 9.4.3 Saudi Arabia Commerce Cloud Market by Enterprise Size
- 9.4.4 Saudi Arabia Commerce Cloud Market by Vertical
- 9.5 South Africa Commerce Cloud Market
- 9.5.1 South Africa Commerce Cloud Market by Type
- 9.5.2 South Africa Commerce Cloud Market by Offering
- 9.5.3 South Africa Commerce Cloud Market by Enterprise Size
- 9.5.4 South Africa Commerce Cloud Market by Vertical
- 9.6 Nigeria Commerce Cloud Market
- 9.6.1 Nigeria Commerce Cloud Market by Type
- 9.6.2 Nigeria Commerce Cloud Market by Offering
- 9.6.3 Nigeria Commerce Cloud Market by Enterprise Size
- 9.6.4 Nigeria Commerce Cloud Market by Vertical
- 9.7 Rest of LAMEA Commerce Cloud Market
- 9.7.1 Rest of LAMEA Commerce Cloud Market by Type
- 9.7.2 Rest of LAMEA Commerce Cloud Market by Offering
- 9.7.3 Rest of LAMEA Commerce Cloud Market by Enterprise Size
- 9.7.4 Rest of LAMEA Commerce Cloud Market by Vertical
Chapter 10. Company Profiles
- 10.1 Oracle Corporation
- 10.1.1 Company Overview
- 10.1.2 Financial Analysis
- 10.1.3 Segmental and Regional Analysis
- 10.1.4 Research & Development Expense
- 10.1.5 Recent strategies and developments:
- 10.1.5.1 Partnerships, Collaborations, and Agreements:
- 10.1.5.2 Product Launches and Product Expansions:
- 10.1.6 SWOT Analysis
- 10.2 Salesforce, Inc.
- 10.2.1 Company Overview
- 10.2.2 Financial Analysis
- 10.2.3 Regional Analysis
- 10.2.4 Research & Development Expenses
- 10.2.5 Recent strategies and developments:
- 10.2.5.1 Partnerships, Collaborations, and Agreements:
- 10.2.5.2 Product Launches and Product Expansions:
- 10.2.6 SWOT Analysis
- 10.3 Microsoft Corporation
- 10.3.1 Company Overview
- 10.3.2 Financial Analysis
- 10.3.3 Segmental and Regional Analysis
- 10.3.4 Research & Development Expenses
- 10.3.5 Recent strategies and developments:
- 10.3.5.1 Partnerships, Collaborations, and Agreements:
- 10.3.5.2 Product Launches and Product Expansions:
- 10.3.6 SWOT Analysis
- 10.4 IBM Corporation
- 10.4.1 Company Overview
- 10.4.2 Financial Analysis
- 10.4.3 Regional & Segmental Analysis
- 10.4.4 Research & Development Expenses
- 10.4.5 Recent strategies and developments:
- 10.4.5.1 Partnerships, Collaborations, and Agreements:
- 10.4.5.2 Acquisition and Mergers:
- 10.4.6 SWOT Analysis
- 10.5 SAP SE
- 10.5.1 Company Overview
- 10.5.2 Financial Analysis
- 10.5.3 Regional Analysis
- 10.5.4 Research & Development Expense
- 10.5.5 Recent strategies and developments:
- 10.5.5.1 Product Launches and Product Expansions:
- 10.5.6 SWOT Analysis
- 10.6 Shopify, Inc.
- 10.6.1 Company Overview
- 10.6.2 Financial Analysis
- 10.6.3 Regional Analysis
- 10.6.4 Research & Development Expense
- 10.6.5 Recent strategies and developments:
- 10.6.5.1 Partnerships, Collaborations, and Agreements:
- 10.6.5.2 Acquisition and Mergers:
- 10.7 Amazon Web Services, Inc. (Amazon.com, Inc.)
- 10.7.1 Company Overview
- 10.7.2 Financial Analysis
- 10.7.3 Segmental Analysis
- 10.7.4 Recent strategies and developments:
- 10.7.4.1 Product Launches and Product Expansions:
- 10.7.5 SWOT Analysis
- 10.8 Google LLC (Alphabet Inc.)
- 10.8.1 Company Overview
- 10.8.2 Financial Analysis
- 10.8.3 Segmental and Regional Analysis
- 10.8.4 Research & Development Expense
- 10.8.5 Recent strategies and developments:
- 10.8.5.1 Partnerships, Collaborations, and Agreements:
- 10.8.5.2 Product Launches and Product Expansions:
- 10.8.6 SWOT Analysis
- 10.9 Adobe, Inc.
- 10.9.1 Company Overview
- 10.9.2 Financial Analysis
- 10.9.3 Segmental and Regional Analysis
- 10.9.4 Research & Development Expense
- 10.9.5 Recent strategies and developments:
- 10.9.5.1 Product Launches and Product Expansions:
- 10.9.6 SWOT Analysis
- 10.10. BigCommerce Holdings, Inc.
- 10.10.1 Company Overview
- 10.10.2 Financial Analysis
- 10.10.3 Regional Analysis
- 10.10.4 Research & Development Expenses
LIST OF TABLES
- TABLE 1 LAMEA Commerce Cloud Market, 2020 - 2023, USD Million
- TABLE 2 LAMEA Commerce Cloud Market, 2024 - 2031, USD Million
- TABLE 3 Partnerships, Collaborations and Agreements- Commerce Cloud Market
- TABLE 4 Product Launches And Product Expansions- Commerce Cloud Market
- TABLE 5 Acquisition and Mergers- Commerce Cloud Market
- TABLE 6 LAMEA Commerce Cloud Market by Type, 2020 - 2023, USD Million
- TABLE 7 LAMEA Commerce Cloud Market by Type, 2024 - 2031, USD Million
- TABLE 8 LAMEA Platform Market by Country, 2020 - 2023, USD Million
- TABLE 9 LAMEA Platform Market by Country, 2024 - 2031, USD Million
- TABLE 10 LAMEA Services Market by Country, 2020 - 2023, USD Million
- TABLE 11 LAMEA Services Market by Country, 2024 - 2031, USD Million
- TABLE 12 LAMEA Commerce Cloud Market by Offering, 2020 - 2023, USD Million
- TABLE 13 LAMEA Commerce Cloud Market by Offering, 2024 - 2031, USD Million
- TABLE 14 LAMEA Public Cloud Market by Country, 2020 - 2023, USD Million
- TABLE 15 LAMEA Public Cloud Market by Country, 2024 - 2031, USD Million
- TABLE 16 LAMEA Hybrid Cloud Market by Country, 2020 - 2023, USD Million
- TABLE 17 LAMEA Hybrid Cloud Market by Country, 2024 - 2031, USD Million
- TABLE 18 LAMEA Private Cloud Market by Country, 2020 - 2023, USD Million
- TABLE 19 LAMEA Private Cloud Market by Country, 2024 - 2031, USD Million
- TABLE 20 LAMEA Commerce Cloud Market by Enterprise Size, 2020 - 2023, USD Million
- TABLE 21 LAMEA Commerce Cloud Market by Enterprise Size, 2024 - 2031, USD Million
- TABLE 22 LAMEA Large Enterprises Market by Country, 2020 - 2023, USD Million
- TABLE 23 LAMEA Large Enterprises Market by Country, 2024 - 2031, USD Million
- TABLE 24 LAMEA SMEs Market by Country, 2020 - 2023, USD Million
- TABLE 25 LAMEA SMEs Market by Country, 2024 - 2031, USD Million
- TABLE 26 LAMEA Commerce Cloud Market by Vertical, 2020 - 2023, USD Million
- TABLE 27 LAMEA Commerce Cloud Market by Vertical, 2024 - 2031, USD Million
- TABLE 28 LAMEA Fashion & Apparel Market by Country, 2020 - 2023, USD Million
- TABLE 29 LAMEA Fashion & Apparel Market by Country, 2024 - 2031, USD Million
- TABLE 30 LAMEA Electronics & Appliances Market by Country, 2020 - 2023, USD Million
- TABLE 31 LAMEA Electronics & Appliances Market by Country, 2024 - 2031, USD Million
- TABLE 32 LAMEA Food & Beverages Market by Country, 2020 - 2023, USD Million
- TABLE 33 LAMEA Food & Beverages Market by Country, 2024 - 2031, USD Million
- TABLE 34 LAMEA Pharmaceutical & Grocery Market by Country, 2020 - 2023, USD Million
- TABLE 35 LAMEA Pharmaceutical & Grocery Market by Country, 2024 - 2031, USD Million
- TABLE 36 LAMEA Other Vertical Market by Country, 2020 - 2023, USD Million
- TABLE 37 LAMEA Other Vertical Market by Country, 2024 - 2031, USD Million
- TABLE 38 LAMEA Commerce Cloud Market by Country, 2020 - 2023, USD Million
- TABLE 39 LAMEA Commerce Cloud Market by Country, 2024 - 2031, USD Million
- TABLE 40 Brazil Commerce Cloud Market, 2020 - 2023, USD Million
- TABLE 41 Brazil Commerce Cloud Market, 2024 - 2031, USD Million
- TABLE 42 Brazil Commerce Cloud Market by Type, 2020 - 2023, USD Million
- TABLE 43 Brazil Commerce Cloud Market by Type, 2024 - 2031, USD Million
- TABLE 44 Brazil Commerce Cloud Market by Offering, 2020 - 2023, USD Million
- TABLE 45 Brazil Commerce Cloud Market by Offering, 2024 - 2031, USD Million
- TABLE 46 Brazil Commerce Cloud Market by Enterprise Size, 2020 - 2023, USD Million
- TABLE 47 Brazil Commerce Cloud Market by Enterprise Size, 2024 - 2031, USD Million
- TABLE 48 Brazil Commerce Cloud Market by Vertical, 2020 - 2023, USD Million
- TABLE 49 Brazil Commerce Cloud Market by Vertical, 2024 - 2031, USD Million
- TABLE 50 Argentina Commerce Cloud Market, 2020 - 2023, USD Million
- TABLE 51 Argentina Commerce Cloud Market, 2024 - 2031, USD Million
- TABLE 52 Argentina Commerce Cloud Market by Type, 2020 - 2023, USD Million
- TABLE 53 Argentina Commerce Cloud Market by Type, 2024 - 2031, USD Million
- TABLE 54 Argentina Commerce Cloud Market by Offering, 2020 - 2023, USD Million
- TABLE 55 Argentina Commerce Cloud Market by Offering, 2024 - 2031, USD Million
- TABLE 56 Argentina Commerce Cloud Market by Enterprise Size, 2020 - 2023, USD Million
- TABLE 57 Argentina Commerce Cloud Market by Enterprise Size, 2024 - 2031, USD Million
- TABLE 58 Argentina Commerce Cloud Market by Vertical, 2020 - 2023, USD Million
- TABLE 59 Argentina Commerce Cloud Market by Vertical, 2024 - 2031, USD Million
- TABLE 60 UAE Commerce Cloud Market, 2020 - 2023, USD Million
- TABLE 61 UAE Commerce Cloud Market, 2024 - 2031, USD Million
- TABLE 62 UAE Commerce Cloud Market by Type, 2020 - 2023, USD Million
- TABLE 63 UAE Commerce Cloud Market by Type, 2024 - 2031, USD Million
- TABLE 64 UAE Commerce Cloud Market by Offering, 2020 - 2023, USD Million
- TABLE 65 UAE Commerce Cloud Market by Offering, 2024 - 2031, USD Million
- TABLE 66 UAE Commerce Cloud Market by Enterprise Size, 2020 - 2023, USD Million
- TABLE 67 UAE Commerce Cloud Market by Enterprise Size, 2024 - 2031, USD Million
- TABLE 68 UAE Commerce Cloud Market by Vertical, 2020 - 2023, USD Million
- TABLE 69 UAE Commerce Cloud Market by Vertical, 2024 - 2031, USD Million
- TABLE 70 Saudi Arabia Commerce Cloud Market, 2020 - 2023, USD Million
- TABLE 71 Saudi Arabia Commerce Cloud Market, 2024 - 2031, USD Million
- TABLE 72 Saudi Arabia Commerce Cloud Market by Type, 2020 - 2023, USD Million
- TABLE 73 Saudi Arabia Commerce Cloud Market by Type, 2024 - 2031, USD Million
- TABLE 74 Saudi Arabia Commerce Cloud Market by Offering, 2020 - 2023, USD Million
- TABLE 75 Saudi Arabia Commerce Cloud Market by Offering, 2024 - 2031, USD Million
- TABLE 76 Saudi Arabia Commerce Cloud Market by Enterprise Size, 2020 - 2023, USD Million
- TABLE 77 Saudi Arabia Commerce Cloud Market by Enterprise Size, 2024 - 2031, USD Million
- TABLE 78 Saudi Arabia Commerce Cloud Market by Vertical, 2020 - 2023, USD Million
- TABLE 79 Saudi Arabia Commerce Cloud Market by Vertical, 2024 - 2031, USD Million
- TABLE 80 South Africa Commerce Cloud Market, 2020 - 2023, USD Million
- TABLE 81 South Africa Commerce Cloud Market, 2024 - 2031, USD Million
- TABLE 82 South Africa Commerce Cloud Market by Type, 2020 - 2023, USD Million
- TABLE 83 South Africa Commerce Cloud Market by Type, 2024 - 2031, USD Million
- TABLE 84 South Africa Commerce Cloud Market by Offering, 2020 - 2023, USD Million
- TABLE 85 South Africa Commerce Cloud Market by Offering, 2024 - 2031, USD Million
- TABLE 86 South Africa Commerce Cloud Market by Enterprise Size, 2020 - 2023, USD Million
- TABLE 87 South Africa Commerce Cloud Market by Enterprise Size, 2024 - 2031, USD Million
- TABLE 88 South Africa Commerce Cloud Market by Vertical, 2020 - 2023, USD Million
- TABLE 89 South Africa Commerce Cloud Market by Vertical, 2024 - 2031, USD Million
- TABLE 90 Nigeria Commerce Cloud Market, 2020 - 2023, USD Million
- TABLE 91 Nigeria Commerce Cloud Market, 2024 - 2031, USD Million
- TABLE 92 Nigeria Commerce Cloud Market by Type, 2020 - 2023, USD Million
- TABLE 93 Nigeria Commerce Cloud Market by Type, 2024 - 2031, USD Million
- TABLE 94 Nigeria Commerce Cloud Market by Offering, 2020 - 2023, USD Million
- TABLE 95 Nigeria Commerce Cloud Market by Offering, 2024 - 2031, USD Million
- TABLE 96 Nigeria Commerce Cloud Market by Enterprise Size, 2020 - 2023, USD Million
- TABLE 97 Nigeria Commerce Cloud Market by Enterprise Size, 2024 - 2031, USD Million
- TABLE 98 Nigeria Commerce Cloud Market by Vertical, 2020 - 2023, USD Million
- TABLE 99 Nigeria Commerce Cloud Market by Vertical, 2024 - 2031, USD Million
- TABLE 100 Rest of LAMEA Commerce Cloud Market, 2020 - 2023, USD Million
- TABLE 101 Rest of LAMEA Commerce Cloud Market, 2024 - 2031, USD Million
- TABLE 102 Rest of LAMEA Commerce Cloud Market by Type, 2020 - 2023, USD Million
- TABLE 103 Rest of LAMEA Commerce Cloud Market by Type, 2024 - 2031, USD Million
- TABLE 104 Rest of LAMEA Commerce Cloud Market by Offering, 2020 - 2023, USD Million
- TABLE 105 Rest of LAMEA Commerce Cloud Market by Offering, 2024 - 2031, USD Million
- TABLE 106 Rest of LAMEA Commerce Cloud Market by Enterprise Size, 2020 - 2023, USD Million
- TABLE 107 Rest of LAMEA Commerce Cloud Market by Enterprise Size, 2024 - 2031, USD Million
- TABLE 108 Rest of LAMEA Commerce Cloud Market by Vertical, 2020 - 2023, USD Million
- TABLE 109 Rest of LAMEA Commerce Cloud Market by Vertical, 2024 - 2031, USD Million
- TABLE 110 Key Information - Oracle Corporation
- TABLE 111 Key Information - Salesforce, Inc.
- TABLE 112 Key Information - Microsoft Corporation
- TABLE 113 Key Information - IBM Corporation
- TABLE 114 Key Information - SAP SE
- TABLE 115 key information - Shopify, Inc.
- TABLE 116 Key Information - Amazon Web Services, Inc.
- TABLE 117 Key Information - Google LLC
- TABLE 118 Key Information - Adobe, Inc.
- TABLE 119 Key Information - BigCommerce Holdings, Inc.
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