2024 Gartner® Magic Quadrant™ for Digital Commerce
Recognized as a Leader and Furthest in Vision
Spryker has been recognized as a Leader in the 2024 Gartner® Magic Quadrant™ for Digital Commerce and positioned furthest on the Completeness of Vision axis.
and agility to turn market volatility into value and fortify your competitive edge
to meet unique business requirements and sophisticated use cases
to support for multiple & evolving business models on one platform
Take a look for yourself
Download ReportIn today’s volatile market, agility is key, and we believe that the ability to quickly adapt will help enterprises transform uncertainty into opportunities for differentiation. Since day one, we’ve built our platform with complex business models in mind, even at the code level, and I believe this recognition underscores our commitment to empowering businesses to stay ahead of change.
The 2024 Gartner Magic Quadrant for Digital Commerce offers a comprehensive assessment of the evolving landscape of digital commerce solutions, assisting businesses in aligning their strategies with the current state of the market. Key insights include:
Definition: Gartner defines digital commerce as the technology that enables customers to purchase goods and services through an interactive and self-service or assisted experience. The platform provides necessary information for customers to make their buying decisions and uses rules and data to present fully priced orders for payment.
Key Finding: The digital commerce platform market’s revenue grew by 11.5% in 2023 to $8.9 billion. While below pandemic-driven rates, growth is steady, and Gartner expects an increase over 2024 to 2025. By 2026, 30% of B2B sales cycles will be managed through digital sales rooms, which will then be used to manage the customer life cycle.
Recommendation for application leaders: Must haves includes a self-service, interactive commerce experience that includes storefronts, product catalog navigation, search, product pages, promotions, shopping carts, check-out and customer accounts.
“Spryker is a straight-forward, state-of-the-art platform to set up a highly customizable e-commerce platform. There are almost no boundaries in customization, yet it's easy to kickstart.”
Head of Technology
Retail company, $50M Revenue
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Read 100+ Verified Reviews about Spryker on Gartner® Peer Insights™.
“Spryker offers a sophisticated eCommerce system that allows businesses to tailor their robust features to their requirements and be ready for future challenges. As Spryker regularly optimizes next-generation functionalities, their product will be a leader in future eCommerce market growth.”
Product Manager
Consumer Goods company, $30B+ Revenue
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"The digital transformation of the sales organization is an essential part of our e-commerce strategy. Spryker's scalable e-commerce platform is the foundation for meeting future business requirements."
Nikolaus Meixner
Director E-Business at Jungheinrich AG
“Spryker gives you a best-in-class platform with everything you need. It is as flexible as a tailored solution but already provides a great architecture which saves years in development”.
Head of Technology
Manufacturing company, 1B Revenue
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“It quickly became clear to us that Spryker would provide us with the greatest innovative power and flexibility in the future."
Daniel Richter
Director Multichannel, Globus Hypermarket Holding
Further Analyst Recognition
Disclaimer
References:
Gartner, Magic Quadrant for Digital Commerce, Mike Lowndes, Sandy Shen, Jason Daigler, Aditya Vasudevan, 6 November 2024.
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