Global Digital Commerce Market Competition, Opportunities and Challenges 2020-2021

Jun 04, 2019 (AB Digital via COMTEX) -- Market Synopsis

The Global Agriculture Bactericides Market is presumed to expand at 4.7% CAGR during the forecast period (2017-2023) owing to the rising demand for food grains, asserts Market Research Future (MRFR).

With the change in climate, there has been a noticeable increase in the pest life cycle which is considered to be one of the major factors driving the Agriculture Bactericides Market both in developed and developing countries.

Moreover, the growing demand for crop protectants from bacterial infection is estimated to foster the market growth at a global level.

The major players operating the global market for agriculture bactericides are-

E. I. du Pont de Nemours and Company (U.S.)

MarketsandMarkets forecasts the global commerce cloud market size is expected to grow from USD 8.9 billion in 2019 to USD 27.0 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 24.9% during the forecast period.

An increasing number of businesses moving online are expected to provide huge opportunities in the market.Browse 55 market data Tables and 33 Figures spread through 117 Pages and in-depth TOC on " Global Commerce Cloud Market forecast by Component (Platforms and Services), Organization Size, Application (Electronics, Furniture, and Bookstores, Grocery and Pharmaceutical, Automotive, and Fashion and Apparel), and Region - Global Forecast 2024"Request a Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=140063261According to MarketsandMarkets, commerce cloud is a part of digital commerce that provides a cloud-based, multi-tenant, Business-to-Business (B2B), and Business-to-Customer (B2C) commerce platform.

It enables intelligent and unified buying experiences across channels such as mobile, websites, social media platforms, and offline stores.

The platform aids in the digital business growth of brands by enabling rapid deployment and enhanced customer reach.Some of the major commerce cloud vendors are IBM (US), SAP (Germany), Salesforce (US), Apttus (US), Episerver (US), Oracle (US), Magento (US), Shopify (Canada), BigCommerce (US), and Digital River (US), Elastic Path (Canada), VTEX (Brazil), commercetools (Germany), Kibo (US), and Sitecore (India).

Founded in in 1911, IBM is headquartered in New York, US.

The company’s major operating sector consists of 5 business segments, namely, cognitive solutions, global business services, technology services and cloud platforms, systems, and global financing.

In fact, what many people perceived to be a threat actually turned out to be of great opportunity as people are more indulged in spending online and their choices for product has also improved.

The design shoes online offer robust business solutions to footwear brands and help them to advance their businesses with the latest technology.

The customization tool comes with a built-in digital feature allowing customers to design and try out the personalized shoes in 3d.Custom Design Shoes Supports Brands to be at the Top-GameAccording to the Global Newswire, the online fashion e-commerce market is still slated to grow at a CAGR of 11.5 percent for the next three years.

This represents an opportunity for ecommerce fashion brands to knuckle-down and ramps up marketing to capitalize on this growth.

As the new year is approaching, many brands must be eagerly waiting to start their 2021 with a bang, and that we have highlighted a few trends to be kept in mind.

These trends will help footwear manufacturers and retailers to enter the new year in a position of strength.Let us dive in to understand more about the drivers prompting growth in the footwear industry:1.

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, today announced it is facilitating the acceptance of online Electronic Benefits Transfer (EBT) payments in support of the United States Department of Agriculture’s (USDA) Supplemental Nutrition Assistance Program (SNAP) Online Purchasing Pilot.Amid the COVID-19 pandemic, the demand for online ordering to facilitate curbside pickup or delivery service has grown rapidly as Americans abide by social distancing guidelines and businesses work to serve customers with limited face-to-face interaction.

For the 37 million Americans who rely on SNAP, shopping in-store and paying for goods in-person is often their only way to purchase groceries.Fintech NewsAll EBT transactions, in-person or online, require the use of the cardholder’s PIN to authenticate the transaction.

Fiserv currently offers the only USDA-approved solution enabling grocers to accept a consumer’s EBT payment online.“We’re pleased to see the expansion of the online SNAP pilot as grocers continue to innovate to increase food access and address food insecurity,” said Greg Ferrara, President and CEO of the National Grocers Association.

“As strong public-private partners, and true entrepreneurs of the industry, grocers are responding to marketplace changes by developing their own successful ecommerce strategies for the communities they serve, including those who depend on the SNAP program.”ShopRite, a Wakefern Food Corporation brand, is currently accepting online EBT payment at select locations.“Thirty-three New York ShopRite stores now offer online EBT payment for eligible customers placing orders through our ShopRite from Home service for delivery or store pick-up,” said Cheryl Williams, Chief Information Officer at Wakefern Food Corporation.

“Our ShopRite from Home online service was part of the USDA pilot last year and we were pleased with the rollout in New York.

We look forward to working again with Fiserv, the USDA and other states in our trading area to expand online EBT payment options for all our retail banners.”The SNAP Online Purchasing Pilot is operated and managed by Food and Nutrition Services (FNS), an agency of the USDA.

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Global Commerce Cloud Market The sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Global Commerce Cloud Market.

FREE PDF@ https://www.marketresearchfuture.com/sample_request/8381Major benefits offered by a centralized commerce platform are an analysis of customer behavior and unify inventory that is highly desirable by enterprises.

The growing demand for a centralized buying platform to execute B2C businesses is adding to the momentum of the market.

With the advent of technologies, such as AI and IoT, and they are being exercised across commercial ventures is serving the growing need for making business procedures seamless.

Additional causes that are anticipated to impel the commerce cloud market are rise in need to simplify installation complexities and analyze consumer data.

Region OutlookThe rapid proliferation of e-commerce in North America and APAC is expected to cast observed to impact the regional commerce cloud market positively.

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We offer premium IT services including Web/Application Development, Software, and Ecommerce solution.