PUBLISHER: QKS Group | PRODUCT CODE: 1669289
PUBLISHER: QKS Group | PRODUCT CODE: 1669289
This product includes two reports: Market Share and Market Forecast.
QKS Group Reveals that Digital Commerce Platform Market is Projected to Register a CAGR of above average by 2028 in Latin America.
Latin America is experiencing robust growth in the Digital Commerce Platform (DCP) market, with projections indicating an above-average CAGR by 2028. The platform facilitates the trading, distribution, and management of goods and services, as well as the conduct of sales, operations, and marketing activities via websites, mobile applications, and commerce infrastructure. Several digital commerce solution providers are prioritizing a cloud-native approach to drive innovation in the e-commerce space. A cloud-native platform enables retailers to roll out new digital commerce offerings, as well as improve speed to market. Therefore, cloud-native deployment is emerging as one of the largest trends for application development and deployment for organizations. This trend will focus on delivering strong value propositions to customers and driving innovation across the enterprise.
Quadrant Knowledge Solutions defines a Digital Commerce Platform (DCP) as a technology that facilitates the trading of goods and services for customers predominantly through websites and mobile apps. A Digital Commerce Platform encompasses people, processes, and technologies to execute reporting and analytics, as well as product pricing. It performs content management to deliver tailored promotions driving customer engagement and satisfaction in the entire span of the customer purchase journey across all touchpoints. It surpasses elementary online transactions with an enhanced ability to perform marketing, servicing, as well as development, enabling customers to make buying decisions, and efficient use of business rules and data to display orders price for payment." The software assists organizations in establishing credibility, which enables marketers to develop better business insights in business decisions.
QKS Group Reveals that Digital Commerce Platform Market is Projected to Register a CAGR of above average by 2028 in Latin America.
The future of the DCP market in Latin America is poised for continued growth and innovation. Several digital commerce solution providers are prioritizing a cloud-native approach to drive innovation in the e-commerce space. A cloud-native platform enables retailers to roll out new digital commerce offerings, as well as improve speed to market. Therefore, cloud-native deployment is emerging as one of the largest trends for application development and deployment for organizations. This trend will focus on delivering strong value propositions to customers and driving innovation across the enterprise
Quadrant Knowledge Solutions defines a Digital Commerce Platform (DCP) as a technology that facilitates the trading of goods and services for customers predominantly through websites and mobile apps. A Digital Commerce Platform encompasses people, processes, and technologies to execute reporting and analytics, as well as product pricing. It performs content management to deliver tailored promotions driving customer engagement and satisfaction in the entire span of the customer purchase journey across all touchpoints. It surpasses elementary online transactions with an enhanced ability to perform marketing, servicing, as well as development, enabling customers to make buying decisions, and efficient use of business rules and data to display orders price for payment." The software assists organizations in establishing credibility, which enables marketers to develop better business insights in business decisions.