TECH SUPPLIER Jun 2021 - Market Forecast - Doc # US46436221

Worldwide Digital Commerce Applications Forecast, 2021–2025: All Commerce Becomes Digital Commerce

By:

Jordan Jewell
Abstract

This IDC study provides a forecast for the worldwide digital commerce applications market through 2025. COVID-19 had a long-lasting impact on the market by accelerating the adoption of ecommerce, ensuring that digital commerce software will be a key for growth in the years to come. IDC forecasts the market will see a double-digit CAGR through 2025.

"As witnessed by the COVID-19 pandemic, practically every business in every industry needs a strategy for digital commerce. B2C and B2B organizations use these software applications to digitally transform how they merchandise, sell, deliver, and support customers," says Jordan Jewell, research manager, Digital Commerce and Enterprise Applications at IDC. "While we anticipate that the digital commerce applications market will revert to the mean in terms of growth, shift in customer expectations and the formation of new habits is permanent."


Coverage

Subscriptions Covered

Digital Commerce


Regions Covered

Worldwide


Topics Covered

Public cloud services, eCommerce


Content


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