Global Business-To-Business E-Commerce Market Size By Development Type (Supplier-Oriented, Buyer-Oriented, Intermediary-Oriented), By Application (Home & Kitchen Application, Consumer Electronics, Industrial & Science, Healthcare), By Geographic Scope And Forecast

Business-To-Business E-Commerce Market Size And Forecast

Business-To-Business E-Commerce Market size was valued at USD 8.73 Trillion in 2022 and is projected to reach USD 31.40 Trillion by 2030, growing at a CAGR of 17.34% from 2024 to 2030.

Growing inclination of enterprises towards e-commerce platforms to note their online presence coupled with ease of carrying out business are some factors that are anticipated to stimulate the market growth. Additionally, B2B e-Commerce platforms automate the trading processes and increase opportunities for businesses to collaborate with suppliers and distributors. The Global Business-To-Business E-Commerce Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Business-To-Business E-Commerce Market Definition

B2B e-commerce, abbreviated for business-to-business electronic commerce, is the sale of goods or services among businesses via an online sales portal. In common, it is utilized to enhance the efficiency and effectiveness of a company’s sales efforts. Orders are now accepted online, reducing overhead expenses, as opposed to manually by phone or email using human resources.

A Business-To-Business E-Commerce model is one that uses adaptable enterprise software as the foundation for buying, selling, and advertising goods, services, and information.  In B2B e-commerce examples, e-commerce technology can become a crucial success factor. Business-To-Business E-Commerce taps more business opportunities, improve B2B E-Commerce sales, lowers costs, gets customer feedback, reaches new markets, and achieve data-centricity with ERP-integrated B2B E-Commerce.

Global Business-To-Business E-Commerce Market Overview

The growing inclination of enterprises towards e-commerce platforms to note their online presence coupled with ease of carrying out business are some factors that are anticipated to stimulate market growth. Additionally, B2B e-Commerce platforms automate the trading processes and increase opportunities for businesses to collaborate with suppliers and distributors.

B2B e-Commerce platforms enable buyers and sellers to place and manage orders from mobile devices at their convenience. Moreover, B2B e-commerce includes a wide range of intercompany transactions that include wholesale trade, as well as purchases of manufactured components and parts. Thus, owing to the several benefits offered, such as reduced infrastructure and overhead cost of businesses coupled with eliminating the need for intermediaries is expected to uplift the growth prospects of the market over the forecast period. Furthermore, the rapidly changing business environment and trend of digitization are projected to positively influence the B2B e-Commerce market growth over the forecast period.

However, fraudulent or unauthorized transactions are anticipated to restrain market growth. Business-to-Business e-Commerce mostly involves online transactions and one of the major concerns faced by the industry is payment security. Also, the vulnerability faced by several payment gateways in terms of security breaches/cyber-attacks is anticipated to challenge market growth. In order to prevent missing or delayed deliveries, market players must concentrate on building an effective delivery infrastructure.

Global Business-To-Business E-Commerce Market Segmentation Analysis

The Global Business-To-Business E-Commerce Market is Segmented on the Basis of Development Type, Application, And Geography.

Business-To-Business E-Commerce Market, By Development Type

• Supplier-Oriented
• Buyer-Oriented
• Intermediary-Oriented

Based on Development Type, the market is segmented into Supplier-Oriented, Buyer-Oriented, and Intermediary-Oriented. The emphasis is on suppliers or manufacturers who offer their goods or services directly to businesses in a supplier-oriented B2B e-commerce market. For the purpose of displaying their products and interacting with potential customers, these suppliers generally create their own online platforms or e-commerce websites. Businesses can directly manage the sales process and develop relationships with their clients using a supplier-oriented strategy. In a buyer-oriented B2B e-commerce market, the emphasis is on the buyers or purchasing organizations.

Business-To-Business E-Commerce Market, By Application

• Home & Kitchen Application
• Consumer Electronics
• Industrial & Science
• Healthcare
• Others

Based on Application, the market is bifurcated into Home & Kitchen Applications, Consumer Electronics, Industrial & Science, Healthcare, and Others. The home & kitchen application segment was valued at the highest market size in 2022, accounting for the largest share of the market in the same year. The consumer electronics segment also holding significant growth in 2022. The consumer electronics segment includes B2B e-commerce platforms that specialize in selling gadgets, electronic devices, and accessories to businesses. This can include products like laptops, smartphones, televisions, audio equipment, and related components.

Business-To-Business E-Commerce Market, By Geography

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America

Based on Regional Analysis, the Global Business-To-Business E-Commerce Market is classified into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific accounted for a significant market share in 2022 and is anticipated to grow steadily compared to other regions over the estimated period. The vendors in this area are concentrating on creating services that support their long-term commercial, marketing, and operational plans by being in line with the newest technologies. Meanwhile, North America is expected to grow at a healthy growth rate, which can be owing to the presence of giants such as Amazon.com, Inc. and eBay Inc. in the region.

Key Players

The “Global Business-To-Business E-Commerce Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Amazon.com, Inc, ChinaAseanTrade.com, DIYTrade.com, eBay Inc, eworldtrade.com, Flexfire LEDs, Flipkart.com, IndiaMART InterMESH Ltd., KellySearch.com, KOMPASS, among others.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the players mentioned above globally.

Ace Matrix Analysis

The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.

Market Attractiveness

The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Business-To-Business E-Commerce Market. We cover the major impacting factors driving the industry growth in the given region.

Porter’s Five Forces

The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the Global Business-To-Business E-Commerce Market, gauge the attractiveness of a certain sector, and assess investment possibilities.

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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