Retail Omni-Channel Commerce Platform Market Segmented By SaaS, On-Premise Deployment Type in FMCG, Apparel and Footwear, Consumer Electronics, Hospitality
According to a recent market report published by Persistence Market Research titled “Retail Omni-Channel Commerce Platform Market: Global Industry Analysis (2012 – 2016) and Forecast (2017 – 2025)” the global retail omni-channel commerce platform market was valued at US$ 2,965.3 Mn in 2016 and is expected to register a CAGR of 19.9% from 2017 to 2025 to reach a market valuation of US$ 14,987.5 Mn by the end of the forecast period in 2025. Increasing consumer demand for advanced technologies and enhanced experience by mobile applications are major factors driving revenue growth of the global retail omni-channel commerce platform market.
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Segmental Forecast
The global retail omni-channel commerce platform market is categorized on the basis of deployment type, industry, solution and region. On the basis of deployment type, the market is segmented into SaaS and On-premise. On the basis of solution, the market is segmented into e-Commerce, Order Management and Others. On the basis of industry, the market is segmented into FMCG, Apparel and Footwear, Consumer Electronics, Hospitality, and Others.
Regional Forecast
The report tracks the performance of the global retail omni-channel commerce platform market across the key geographies of North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. North America accounted for the largest market share in 2016 owing to a growing need for retail omni-channel commerce platforms. Also, demand for retail omni-channel commerce platforms is increasing in the markets in Middle East and Africa and Latin America. Asia Pacific is anticipated to register the highest CAGR of 25.6% in terms of value over the forecast period.
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Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services.
Jun 14, 2023
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