B2B e-commerce market
The B2B e-commerce market size is valued at USD 9.34 trillion in 2023 and is expected to reach nearly USD 30.52 trillion from 2024 to 2030, growing at a CAGR of 18.43%.
Maximize Market Research, a global information technology and communications business consulting firm, has published a market intelligence and competitive landscape report on “B2B E-commerce Market”. The report is a combination of primary and secondary data, with domain experts analyzing the B2B E-commerce market from local, regional, and global perspectives. During the forecast period, Maximize Market Research projects the B2B E-commerce market to grow from USD 9.34 trillion in 2023 to USD 30.52 trillion by 2030, at a CAGR of 18.43 percent.
For more information, click the following links: https://www.maximizemarketresearch.com/request-sample/122012/
Overview of the B2B e-commerce market
Business-to-business (B2B) e-commerce refers to the online trading of goods, services, or information between businesses, rather than between businesses and consumers. It includes a range of activities such as online procurement, supply chain management, marketing, sales, and electronic data interchange (EDI), to facilitate efficient business interactions and transactions. The B2B e-commerce market has grown significantly in recent years due to factors such as digitalization, globalization, technological advancements, changing consumer behavior, and the shift towards online channels for procurement and sales.
Trends in the B2B e-commerce market
Factors driving the B2B e-commerce market include growing demand for integrated e-commerce solutions, the rise of mobile and cloud-based technologies, advancements in artificial intelligence (AI) and machine learning (ML), and increasing adoption of omnichannel strategies.
Government investments, such as the U.S. Department of Commerce's $3.3 million investment in Louisiana in February 2024, stimulate business growth and infrastructure development, facilitating the expansion of B2B e-commerce through job creation and increased private investment. Initiatives such as NJEDA's Small Business E-Commerce Assistance Program provide free consulting services to small businesses. The program enables businesses to adapt and thrive in the digital economy with $1 million investment and support in website development and digital marketing. Increasing globalization opens new business-to-business e-commerce markets. Alibaba.com partnered with Hello Alice in December 2021 to launch the Alibaba.com Grant Program. The program provides 50 small business entrepreneurs with $10,000 grants each to foster international growth opportunities.
Regional Analysis of B2B E-commerce Market
North America has emerged as a dominant force in the B2B e-commerce market, capturing a major share of global revenue. North America boasts a vibrant B2B environment where existing players are leveraging innovative solutions such as AI and ML to improve customer experience and streamline operations. Asia Pacific stands out as a region expected to see significant growth in the business-to-business e-commerce market. Asia Pacific offers a significant opportunity for the growth of B2B e-commerce owing to rapid digitization, expanding internet connectivity, and a rise in tech-savvy businesses.
For more information, click the following links: https://www.maximizemarketresearch.com/request-sample/122012/
Scope of the Business-to-Business E-Commerce Market Report
Market size in 2023: US$9.34 trillion
Market size in 2030: US$30.52 trillion
CAGR: 18.43 percent
Forecast period: 2024-2030
Base year: 2023
Number of pages: 284
Number of tables: 133
Number of figures: 183
Target segments: By development type, application.
Regional coverage: North America, Europe, Asia Pacific, Middle East & Africa, South America
Report Coverage: Market Share, Size, Forecast by Revenue | 2023-2030, Market
Dynamics, growth drivers, constraints, investment opportunities, key trends,
Competitive Landscape, Key Player Benchmarking, Competitive Analysis, SMR Competition
Matrix, competitive leadership mapping, market ranking analysis of global key players.
For more information, click the following links: https://www.maximizemarketresearch.com/request-sample/122012/
B2B E-commerce Market Segmentation:
By development type:
• Supplier Oriented
• Buyer-focused
• Intermediary-oriented
By application:
• Home & Kitchen
• Home appliances
• Industry and Science
• health care
• Clothing
• Beauty and Personal Care
• Sports Apparel
• Books and Stationery
• Automobiles and others
Click on the links provided for additional details. https://www.maximizemarketresearch.com/market-report/business-to-business-e-commerce-market/122012/
Key players in the B2B e-commerce market are:
• Amazon.com, Inc. (Washington, USA)
• eBay Inc. (California, USA)
• Walmart (Arkansas, USA)
• Thomas (New York, USA)
• Flexfire LED (California, USA)
• Pixmania (Paris, France)
• Mercateo (Munich, Germany)
• Cdiscount Pro (Bordeaux, France)
• KOMPASS (Paris, France)
Key questions in the business-to-business e-commerce market include:
• What is the growth rate of the business-to-business e-commerce market?
• Which region is expected to dominate the B2B e-commerce market?
• What is the expected size of the B2B e-commerce market by 2030?
• Who are the top players in the CRIS B2B E-Commerce Market PR Technology Market?
• What factors are driving the growth of the business-to-business e-commerce market?
• Which country accounted for the largest share of the B2B e-commerce market in 2023?
Main Services
• Historical market size and competitive environment (2018 to 2023)
• Historical pricing and regional pricing curves (2018 to 2023)
• Market Size, Share, Size, Forecast by Segment | 2024-2030
• Market dynamics – drivers, restraints, opportunities and key trends by region
• Market segmentation – detailed analysis of offering, vertical, application and region
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective
• Competitive Landscape – Market Leaders, Market Followers, Regional Players
• Competitive benchmarking of key players across regions
• PESTLE Analysis
• PORTER Analysis
• Value Chain and Supply Chain Analysis
• Legal aspects of business by region
• Recommendations
Related reports:
• B2B payments market
• Metaverse in e-commerce market
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