Business-to-Business (B2B) e-Commerce Market Report
Dublin, Oct. 15, 2024 (GLOBE NEWSWIRE) — The “Business-to-Business E-Commerce – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global market for Business-to-Business E-Commerce was estimated at US$7.6 Trillion in 2023 and is projected to reach US$24.3 Trillion by 2030, growing at a CAGR of 18.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the B2B e-commerce market is driven by several factors, including the increasing digitalization of procurement processes, the growing demand for personalized and efficient buying experiences, and the rise of mobile commerce. As businesses shift toward digital procurement, they are looking for e-commerce platforms that offer real-time data, advanced analytics, and seamless integration with their enterprise resource planning (ERP) and customer relationship management (CRM) systems. The demand for self-service portals and automated workflows is also driving the adoption of B2B e-commerce platforms, as companies seek to reduce operational costs and improve order accuracy.
Another key driver is the increasing need for global scalability and omnichannel capabilities. As more B2B buyers expect to engage with suppliers across multiple digital touchpoints, businesses are investing in omnichannel strategies that integrate e-commerce with social media, mobile apps, and traditional sales channels. The shift toward cloud-based platforms is also accelerating market growth, as it provides businesses with the flexibility to scale their operations and meet the needs of a growing customer base. Additionally, the integration of AI and machine learning is enhancing the capabilities of B2B e-commerce platforms, allowing companies to deliver more personalized and data-driven experiences to their clients. These technological advancements, combined with changing buyer behavior, are driving sustained growth in the B2B e-commerce market.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Intermediary-Oriented Deployment segment, which is expected to reach US$13.2 Trillion by 2030 with a CAGR of a 19.2%. The Supplier-Oriented Deployment segment is also set to grow at 16.8% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $2.0 Trillion in 2023, and China, forecasted to grow at an impressive 23.7% CAGR to reach $6.2 Trillion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players in the B2B e-Commerce market, such as 10i Commerce Services Pvt Ltd (ShopX), 121eCommerce LLC, 1pianyi.com, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Questions Answered:
- How is the Global Business-to-Business E-Commerce Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Business-to-Business E-Commerce Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Business-to-Business E-Commerce Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Select Competitors (Total 38 Featured):
- 10i Commerce Services Pvt Ltd (ShopX)
- 121eCommerce LLC
- 1pianyi.com
- 21cp.com
- 3DaVinci
- 50 millisekunden
- 50-Pound Boson
- 5kparts.com
- 66. com
- 8select
Key Attributes
Report Attribute | Details |
No. of Pages | 91 |
Forecast Period | 2023-2030 |
Estimated Market Value (USD) in 2023 | $7.6 Trillion |
Forecasted Market Value (USD) by 2030 | $24.3 Trillion |
Compound Annual Growth Rate | 18.2% |
Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Global Economic Update
- Business-to-Business E-Commerce – Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
- Global Expansion of Supply Chains and Increasing Demand for Streamlined Procurement Processes Drive Growth in Business-to-Business E-Commerce
- Integration of Advanced Technologies such as AI and Machine Learning Enhances Personalization and Efficiency in B2B E-Commerce Platforms
- Rising Adoption of Blockchain Technology for Secure and Transparent B2B Transactions Bolsters Market Confidence and Growth
- The Increasing Influence of Mobile Commerce on Business Buying Behaviors Expands Market Opportunities for B2B E-Commerce
- Shifts in B2B Buyer Expectations Towards Consumer-like Shopping Experiences Propel Innovations in E-Commerce Platforms
- Emergence of Vertical B2B E-Commerce Platforms Catering to Industry-Specific Needs Strengthens Market Segmentation and Expansion
- Increased Focus on Data Security and Compliance with International Standards in B2B Transactions Enhances Platform Reliability
- Growing Popularity of Subscription Models in B2B E-Commerce Opens New Revenue Streams and Customer Engagement Strategies
- Adoption of Omnichannel Strategies to Provide Seamless Customer Experiences Across All Business Interactions Drives Market Growth
- Rising Demand for Real-Time Data Analytics to Optimize Supply Chains and Inventory Management in B2B E-Commerce
- Expansion of Eco-friendly and Sustainable Business Practices Influences B2B E-Commerce Strategies
- Increasing Use of Augmented Reality in B2B E-Commerce to Enhance the Online Buying Experience
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- Business-to-Business E-Commerce Market
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