The global B2B e-commerce market is estimated to grow at a significant CAGR during the forecast period. Expansion of the e-commerce industry, technological advances in the e-commerce industry, and the rising number of new players in e-commerce are some of the major factors contributing to the growth of the market. The e-commerce industry has been experiencing potential growth across the globe owing to rapid urbanization and internet penetration, which is positively influencing the global B2B e-commerce market. As per the United Nations Conference on Trade and Development (UNCTAD), in 2017, the global e-commerce sales grew 13%, hitting an estimated $29 trillion.
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Apart from a large number of internet buyers bought products from domestic vendors, the share of consumers buying products from abroad increased from 15% in 2015 to 21% in 2017. Thus, this is anticipated to enhance the growth of the B2B e-commerce industry during the forecast period. Further, EDI (Electronic Data Interchange), CRM (Customer Relationship Management) and ERP (Enterprise Resource Planning)are some of the key technologies deployed for B2B e-commerce. Further, the integration of the cloud provides ample opportunities for the future growth of the market.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global B2B E-commerce Market – Segmentation
By Type
- Buyer Oriented E-commerce
- Supplier Oriented E-commerce
- Intermediary Oriented E-commerce
By Verticals
- Fashion and Apparel
- Automotive
- Food and Beverages
- Healthcare
- Consumer Electronics
- Others
Global B2B E-commerce Market – Segmentation by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
The Report Covers
- Market value data analysis of 2018 and forecast to 2025.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global B2B e-commerce market. Based on the availability of data, information related to products& services, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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