TECH SUPPLIER Dec 2018 - Market Share - Doc # US44529418

Worldwide Digital Commerce Applications Market Shares, 2017: The Competitive Landscape Heats Up — 1H18 Update

By: Jordan JewellResearch Manager, Digital Commerce and Enterprise Applications

Abstract

This IDC study provides updated estimates for the worldwide market for digital commerce applications. This market continues to grow at a swift pace, with much higher demand from customers in cloud applications than on-premises applications.

"As organizations look to build a closer connection with their customers, many software vendors are competing to facilitate that connection with their software. Thus the competitive landscape of the digital commerce applications market was very active in the first half of 2018, with numerous acquisitions and major product announcements taking place. We expect the market to continue to heat up and accelerate in the next 24 months," says Jordan Jewell, senior research analyst, Digital Commerce and Enterprise Applications.


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