Spotlight

Report:

Magic Quadrant for Digital Commerce

How does Gartner define the Digital Commerce market in 2023?

Gartner defines a digital commerce platform as the core technology that enables customers to purchase goods and services through an interactive and usually self-service experience. The platform provides necessary information for customers to make buying decisions and uses rules and data to present fully priced orders for payment.

Key Facts for Magic Quadrant for Digital Commerce in 2023

Strategic Planning Assumptions

How was the Digital Commerce market evolved in 2023?

What product features are required to be included in this year's evaluation?

What are the common features of top products in the Digital Commerce space?

Scope Exclusions

Inclusion Criteria

Vendors must, among other requirements:

Ability to Execute — Relative Weighting

Completeness of Vision — Relative Weighting

FAQs

Q: What does this research cover?

A: This research covers the digital commerce platform market, evaluating 18 vendors based on their ability to execute and completeness of vision. It analyzes platforms that enable customers to purchase goods and services through interactive, self-service experiences. The research examines vendors' capabilities across B2B and B2C commerce, including core commerce functionality, headless architectures, personalization, unified commerce, marketplace operations, and modern architectural approaches. It also considers vendor viability, innovation, customer experience, geographic reach, and ecosystem partnerships.

Q: Who should use this research?

A: Application leaders, digital commerce strategists, and technology decision-makers should use this research when evaluating and selecting digital commerce platforms. It is particularly valuable for organizations looking to implement new commerce capabilities, modernize existing platforms, or adopt composable commerce approaches. The research helps buyers match vendor capabilities to their specific requirements across functionality, industry expertise, business models (B2B, B2C, D2C, B2B2X), technology preferences, and cost considerations. Organizations of all sizes and industries can use this to inform shortlist creation and vendor selection decisions.

Q: What are the mandatory features of vendors included in this market?

A: To be included in this Magic Quadrant, vendors' platforms must have out-of-the-box capability to provide, or APIs to support, a self-service, interactive commerce experience that includes storefront, product catalog navigation, product pages, shopping cart, check-out and customer account. The platform must include the ability to search for a product, add products to a cart and fully price an order inclusive of product-, customer- and order-level discounts or promotions. Additionally, platforms must support interoperability with customer, product, content and order functionality, and with data via APIs.

Q: What are some reasons for not being included in this report?

A:

  • Insufficient combination of year-over-year customer growth and total license revenue
  • Fewer than 60 production customers
  • Not serving customers in more than one unique industry with at least 5% representation
  • Not generating at least 5% of revenue from multiple regions
  • Single customer representing more than 10% of annual revenue
  • Not meeting minimum revenue and growth thresholds across the three inclusion scenarios
  • Lack of required OOTB functionality or API support for core commerce capabilities

Q: What differentiates Ability to Execute vs. Completeness of Vision?

A: Ability to Execute focuses on the vendor's current performance and operational capabilities, including product functionality, financial viability, sales effectiveness, market responsiveness, and customer experience. It evaluates how well vendors are executing in the present. Completeness of Vision assesses the vendor's understanding of market direction and their strategy for the future, including market understanding, product strategy, innovation, and how well they anticipate and address evolving customer needs and market dynamics.

Reference

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