Middle East & Africa Commerce Cloud Market Size & Outlook
The commerce cloud market in Middle East & Africa is expected to reach a projected revenue of US$ 3,794.7 million by 2030. A compound annual growth rate of 18.7% is expected of Middle East & Africa commerce cloud market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,146.1
Forecast, 2030 (US$M)
$3,794.7
CAGR, 2024 - 2030
18.7%
Report Coverage
Middle East & Africa
MEA commerce cloud market highlights
- The MEA commerce cloud market generated a revenue of USD 1,146.1 million in 2023.
- The market is expected to grow at a CAGR of 18.7% 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.
MEA data book summary
| Market revenue in 2023 | USD 1,146.1 million |
| Market revenue in 2030 | USD 3,794.7 million |
| Growth rate | 18.7% (CAGR from 2024 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 |
| Key market players worldwide | Salesforce Inc, International Business Machines Corp, SAP SE, Oracle Corp, BigCommerce, Shopify Inc Registered Shs -A- Subord Vtg, Episerver, Amazon.com Inc, Adobe Inc, Apttus, Alphabet Inc Class A |
Other key industry trends
- In terms of revenue, MEA region accounted for 6.4% 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 |
|---|---|---|---|---|
| Apttus | View profile | 1001-5000 | San Mateo, California, United States, North America | http://apttus.com/ |
| Episerver | View profile | 1001-5000 | Nashua, New Hampshire, United States, North America | http://www.episerver.com |
| BigCommerce | View profile | 1001-5000 | Austin, Texas, United States, North America | http://www.bigcommerce.com |
| Shopify Inc Registered Shs -A- Subord Vtg | View profile | 11600 | 151 O'Connor Street, Ground Floor, Ottawa, ON, Canada, K2P 2L8 | https://www.shopify.com |
| Salesforce Inc | View profile | 72682 | 415 Mission Street, 3rd Floor, Salesforce Tower, San Francisco, CA, United States, 94105 | https://www.salesforce.com |
| Adobe Inc | View profile | 29945 | 345 Park Avenue, San Jose, CA, United States, 95110-2704 | https://www.adobe.com |
| SAP SE | View profile | 107602 | Dietmar-Hopp-Allee 16, Walldorf, BW, Germany, 69190 | https://www.sap.com |
| Alphabet Inc Class A | View profile | 180895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | https://www.abc.xyz |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Oracle Corp | View profile | 164000 | 2300 Oracle Way, Austin, TX, United States, 78741 | https://www.oracle.com |
| Amazon.com Inc | View profile | 1525000 | 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 | https://www.amazon.com |
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