The expanding database of Market Research Reports Search Engine (MRRSE) has been recently updated by the addition of a new study which is titled as "Global Digital Commerce Applications Market - Analysis Covering Size, Share, Growth, Trends and Forecast till 2026". The fact-based research report on the global Digital Commerce Applications market covers various aspects such as trends, drivers, challenges and opportunities that have an influence on the growth and expansion of the global market. All these factors are analyzed across key regions of Latin America, North America, Europe, Middle and Africa (MEA) and the Asia Pacific. In order to provide an accurate forecast, analysts have presented the current market, which forms the basis of how the metal caps and closures market is expected to develop in the future.
Trained and qualified digital commerce resources are in high demand globally, which is a major driving factor of the global digital commerce applications market. The best providers are considered top employers where people choose to work and typically have well-defined recruitment, talent management, compensation, and retention programs and where the development, sales, and customer service teams are fully staffed. A good employee strategy will help providers emerge profitable and also help provide better solutions to customers. Solution providers are focusing on providing micro vertical-specific business processes, best practices and implementation methodologies to help enterprises get started. These best practices and methodologies are supported and maintained as part of the release cycle and professional services staff (including partners) are trained and certified on these tools.
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The North America digital commerce applications market is likely to exhibit a healthy CAGR during the forecast period. The region accounted for the highest value share of close to 30% in 2016. The North America regional market is estimated to lose 96 BPS in 2026 as compared to that in 2016 and is projected to account for a market value share of just a little over 28%. The region is expected to witness a significantly high market attractiveness during the predicted period in the global digital commerce applications market. The North America digital commerce applications market is estimated to be valued at more than US$ 5,350 Mn by 2026, up from almost US$ 1,285 Mn in 2016, registering a CAGR of 15.4% over the forecast period. The North America digital commerce applications market is anticipated to create absolute $ opportunity of more than US$ 3600 Mn between 2018 and 2026.
Key development of Tata Consulting Services Limited
In May 2016, Tata Consulting Services Limited and Siemens enlarged their strategic partnership to deliver big data analytics to manufacturing industries across the globe and subsequently, Tata Consulting Services merged with GE Digital and GE Healthcare to develop digital solutions to deliver benefits to customers.
Market Segmentation
By Industry
Manufacturing
Telecom, Media & Entertainment
BFSI
Retail & CPG
Healthcare & Pharmaceutical
Travel & Hospitality
Energy, Resources & Utilities
By Application
Financial
Marketing
Sales
Service Operations
Customer Services
Order MGT
Content MGT
Inventory MGT
By Region
North America
Latin America
Eastern Europe
Western Europe
APEJ
Japan
Middle East and Africa
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Macroeconomic indicators such as GDP, wholesale and retail trade, merchandise trade and prices have been considered to arrive at the indicated market numbers. Yearly change in inflation rate has not been considered while forecasting market numbers. Top-down approach has been used to assess market numbers for each category, while bottom-up approach has been used to counter-validate the reached market numbers. The report commences with an executive summary, market definition and taxonomy. Market value chain and business overview and strategy are two important focus areas of this report. Drivers, restraints, regional trends and forecast factors along with their relevance and impact are included in market dynamics.
The analysts have devoted the last section of the report to study the market performance of some of the top companies operating in the global digital commerce applications market. The researchers have profiled a few of the leading market players and presented a detailed analysis of their overall business performance and a comprehensive evaluation of their short-term and long-term business and go-to-market strategies. The analysts have adopted a systematic research approach where in-depth secondary research is used to ascertain overall market size, top industry players, top products and industry association. In order to conduct expert and industry interviews, Persistence Market Research has formulated a detailed discussion guide. Data acquired through research is validated using the triangulation method, in which secondary and primary research data and Persistence Market Research analysis contribute to the final data.
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