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Digital commerce applications is one of the fastest growing segments in the overall enterprise applications software market, and will show signs of strong growth over the next five years, says IDC. The research firm predicts the segment to grow at 18.8% CAGR to $4.1 billion by the end of 2017.
Christine Dover, Senior research Director of IDC states that as organisations across every industry look to add commerce solutions to their products, services, and offerings and tap into new revenue opportunities, the growth will continue to accelerate. The market will see many new offerings and vendors in the coming years.
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