Europe Commerce Cloud Market Size & Outlook, 2023-2030
The commerce cloud market in Europe is expected to reach a projected revenue of US$ 17,610.1 million by 2030. A compound annual growth rate of 22.2% is expected of Europe commerce cloud market from 2024 to 2030.
Revenue, 2023 (US$M)
$4,330.4
Forecast, 2030 (US$M)
$17,610.1
CAGR, 2024 - 2030
22.2%
Report Coverage
Europe
Europe commerce cloud market, 2018-2030 (US$M)
Europe commerce cloud market highlights
- The Europe commerce cloud market generated a revenue of USD 4,330.4 million in 2023.
- The market is expected to grow at a CAGR of 22.2% from 2024 to 2030.
- In terms of segment, platform was the largest revenue generating type in 2023.
- Platform is the most lucrative type segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2023 | USD 4,330.4 million |
| Market revenue in 2030 | USD 17,610.1 million |
| Growth rate | 22.2% (CAGR from 2023 to 2030) |
| Largest segment | Platform |
| Fastest growing segment | Platform |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Platform |
Other key industry trends
- In terms of revenue, Europe region accounted for 24.4% of the global commerce cloud market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 23,283.7 million by 2030.
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Commerce Cloud Market Scope
Commerce cloud market segmentation & scope
Offering
Private Cloud
Public Cloud
Hybrid Cloud
Enterprise Size
SMEs
Large Enterprises
Vertical
Fashion and Apparel
Electronics and Appliances
Food and Beverages
Pharmaceutical and Grocery
Others
Countries
Canada
Mexico
U.S.
France
Germany
UK
Australia
China
India
Japan
South Korea
Brazil
Saudi Arabia
South Africa
UAE
Commerce Cloud Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe commerce cloud market
Related regional statistics
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