Global Digital Commerce Applications Market Forecast
Global Digital Commerce Applications Market is expected to grow at a CAGR of 4. 28%, from 2021 to 2027.
Asia Pacific is expected to see the highest growth due to the increasing demand for mobile and desktop applications in major countries, such as China, India, Russia, etc.
The market is expected to reach $3,957. 6 Mn in 2027.
There are various types of digital products and services that can be offered over the Internet, and those can be differentiated by their access and affordability; one type of digital marketing is the direct marketing, through which a company offers customized or targeted advertisements to individuals that could then be targeted with a search engine, or a person’s Internet browsing habits. Digital marketing is a new business strategy as compared to the old one, which provides online businesses with more effective techniques to acquire new customers and increase brand awareness.
In the past, marketing campaigns were limited to traditional media, such as television and radio, which can be used to advertise goods in a much broader way, and hence, marketing campaigns can be costly. In the future, digital marketing will become more and more effective due to the availability of free and cheap digital media, such as Internet-based services.
According to a survey conducted by the Internet Advertising Bureau in 2014 that covered 1,000 digital marketers for 15 months, digital marketers reported spending $1. 3 billion on digital marketing services in 2014, while the average spend reported for 2015 was just $935.
The market for digital marketing is expected to grow at a CAGR of 10. 0% from 2016 to 2021.
Global Digital Commerce Applications Market is expected to increase from $4,962. 1 Mn in 2016 to $8,502. 9 Mn in 2021, at a CAGR of 4.
The 2021 Global Digital Commerce Market Report
A global computer networking market report by Radiant, a leading research and consulting group, published by International Data Corp.
The global computer networking market was valued at US$1. 9 trillion in 2019 and is projected to reach US$2. 8 trillion by 2025, according to research and consulting firm Genscape.
The worldwide computer networking industry accounted for over half of the overall market in 2019 (more than 45% of the total), according to Genscape.
The global computer networking market is being supported due to an increasing demand for data security awareness, along with the need to protect sensitive data and the rise in the development needs for new and robust technologies to protect people, goods, and the environment, including new technologies to protect data from hacking attacks.
Radiant Research, Inc. radiantresearch. com) is headquartered in Bellevue, Washington, with additional regional offices and an additional team based out of the Boston, Massachusetts area. Radiant Research’s team includes consultants and analysts to the global business, government organizations, and academic communities.
Genscape (www. com) is a leading independent research and forecasting firm that specializes in providing the latest industry market research on key global markets. The company provides independent and objective analysis to help decision-makers make business decisions by conducting in-depth market analysis of business-critical industries and markets.
Radiant Research, Inc. radiantresearch. com) is a leading global provider of market research data and consulting services to the financial services, manufacturing, service, health, retail, and consumer goods industries. Our analysts and consultants have access to a comprehensive and timely database of publicly available business data, statistics and other information, including market research reports, industry analyses, reports on trends and developments, and industry-specific data and information. We offer customized market research programs to address the unique needs of our clients. Our analysts and consultants serve clients in approximately 50 countries.
Established in 1999, Radiant Research is a leading provider of market and economic research to business-to-business and business-to-consumer audiences.
3 Global digital commerce status and the forecast by region (2016-2027)
Analysing the current status of digital commerce in the world and its future prospects. Research in the field of information and communications technology is the basis for developing the study on the evolution and forecast of digital commerce in the world. This article provides a snapshot view into the current status of digital commerce in the world and its future prospects. The forecast is based on the following: (i) The latest information provided by the International Telecommunication Union and the Information Association of the European Union (ITU/IAE); (ii) Assessment made by a leading global analyst in the field of information commerce, who has taken the forecast into consideration and reviewed it critically; and (iii) The actual volume of transactions performed by digital commerce. The global average market demand and supply for digital commerce are forecasted in terms of value and volume, respectively. In view of the market conditions, the digital commerce services market has been classified into five different categories: (i) Services for individuals; (ii) Services for businesses; (iii) Services for enterprises; (iv) Services for government; and (v) Services for enterprises and government. The market shares of services for individuals, enterprises, governments, and enterprises and governments are forecasted in terms of revenue share. The forecasted market shares of services for individuals in digital commerce are: $ 0. 3%, respectively. The market shares of services for enterprises and governments in digital commerce are: $ 0. 2%, respectively. The market shares of services for enterprises in digital commerce are: $ 0. 3%, respectively. The market share of services for businesses in digital commerce is: $ 0. 5%, respectively. The estimated market value of services for individuals in digital commerce is $ 0. 2$ million USD, respectively.
The Express Wire Digital Commerce Market 2021 Industry Product Outlook
The Express Wire is pleased to present the latest data for the Digital Commerce market as reported on October 2017. While the first report on this topic was published in November 2016, the report this time has been updated and supplemented to include key information such as the industry size, the number of companies operating in the market, and the industry and application trends. Furthermore, the market analysis is more in-depth than the previous versions, highlighting the important issues related to this market. The first product forecast is the most critical element of this report, as it is the primary reason for companies as well as investors to make business investments in this market. The second part of the report is the market size and the market share forecasts for several specific product categories and subsegments. A summary of the findings from the report is presented below.
The Digital Commerce Market has been evolving since the early 1990s when the first products appeared on the market. The market grew during the early 1990s and was quickly overtaken by the mobile revolution. The market grew by almost one and a half times between the year of 1992 and 2002, reaching a total of $1. 2 billion in 2002. This growth has been mainly attributed to the introduction of new products and the increasing demand for e-commerce services. At the same time, the introduction of new applications in this market, such as web 2. 0 and social media, has also been driving the growth of the market. In the early 2000s, the Internet was being widely used by business owners to achieve customer satisfaction and efficiency. Since then the market has expanded to all areas of business such as travel, retail, media, marketing, IT, technology, education, and public authorities. The market size has increased to more than $16 billion in 2019.
The product market share has increased from 31% in 2012 to 71% in 2019. The increase in the market share has resulted from various factors such as the rise of the Internet access devices, the widespread use of cellphones, and the development of technology to deliver better services that make it easier for consumers to access the world around them.
The digital commerce market is growing in all regions worldwide. As the digital commerce market grows, it is expected to be an attractive place for investors, entrepreneurs, or even a provider of services in the future.