Industry Background:
The global omnichannel retail commerce platform market is expected to grow at a rapid pace during the forecast period, according to the AMA study. Moreover, the high lift in online retail shopping worldwide during the COVID-19 pandemic has led to an increase in demand for retail vendors to automate their business operations in order to remain competitive in the market. The retail vendors are implementing multi-channel approaches in order to retain their operational efficiency and remain competitive in the market.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Cognizant Technology Solutions Corp (United States), Diebold Nixdorf AG (Germany), IBM (United States), Infor Global Solutions Inc (United States), Infosys Ltd (India), NCR Corporation (United States), Oracle (United States), Red Technology Solutions Ltd. (United Kingdom), Salesforce.com (United States), SAP SE (Germany) and Toshiba Corporation (Japan) |
This growth is primarily driven by Increasing Deployment of Online Sales Channel Model Across the Retail Sector and The Growing Demand for Online Retail Shopping.
Globally, a noticeable market trend is evident Consumer Shift Towards Offline Retail Shopping Online Retail Shopping
Major Players, such as Cognizant Technology Solutions Corp (United States), Diebold Nixdorf AG (Germany), IBM (United States), Infor Global Solutions Inc (United States), Infosys Ltd (India), NCR Corporation (United States), Oracle (United States), Red Technology Solutions Ltd. (United Kingdom), Salesforce.com (United States), SAP SE (Germany) and Toshiba Corporation (Japan), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The vendors in this market are majorly focusing on providing enhanced services in order to cater to the market's demands to remain competitive in the market. The recent industry crisis due to the outbreak of COVID-19 is expected to be one of the major challenges for the retail sector in the market due to worldwide supply chain disruption.
Influencing Trend:
Consumer Shift Towards Offline Retail Shopping Online Retail Shopping and The Rising Smartphone & Internat Penetration Across the World
Market Growth Drivers:
Increasing Deployment of Online Sales Channel Model Across the Retail Sector and The Growing Demand for Online Retail Shopping
Challenges:
Supply Chain Related Issues & Challenges
Restraints:
Requirement of Large Initial Investments
Opportunities:
Opportunities Across Asia Pacific Region
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Omni Channel Retail Commerce Platform Market
- Analysis about New Entrants in Omni Channel Retail Commerce Platform Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Omni Channel Retail Commerce Platform Study Sheds Light on
The Omni Channel Retail Commerce Platform Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Omni Channel Retail Commerce Platform industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Omni Channel Retail Commerce Platform industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.