Size, Growth, Share, Trend, Outlook & Forecast 2022 2030
Besides the demand generated for online e commerce amidst the pandemic, proactive government support, such as tax waivers, improved transport infrastructure, and reforms supporting excise/customs duty, is also expected to support market growth. Moreover, various laws have been reinforced to protect data privacy for both consumers and businesses, such as the law drafted in California, U.S. Such initiatives are likely to improve online trade penetration.
The market is also expected to experience numerous growth opportunities, owing to the growing importance of technologies, such as AI, AR, and VR, in influencing consumer purchase decisions. The deployment of such technologies helps vendors to enhance the user experience while offering detailed product information in an interactive format. While
Business-to-Business E-commerce Market Analysis,
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Business-to-Business E-commerce Market Growth & Trends
The global business to business e commerce market size is anticipated to reach USD 33,317.37 billion by 2030, registering a CAGR of 19.7% from 2022 to 2030, according to a new study by Grand View Research Inc. Technologies enabling the adoption of B2B e commerce platforms are promoting the market growth. For instance, the proliferation of 5G and smartphones worldwide is expected to be a key growth driver for the market. Moreover, the COVID 19 pandemic has resulted in an increased acceptance of B2B e commerce among end users. Companies across the globe are focused on adopting a mixed channel strategy with an emphasis on online channels to drive revenue.
chatbots have already made their way into the e commerce market, technologies such as voice commerce are expected to further boost the market growth.
Asia Pacific market is anticipated to grow at a healthy CAGR during the forecast period. This is attributed to rising investments in the telecommunication infrastructure, increasing proliferation of the internet, and a growing number of smartphone users in the region
The intermediary oriented model segment dominated the market in 2021 and is expected to continue leading the market during the forecast period. This can be attributed to the presence of numerous suppliers and buyers, lower logistics and support costs, and a higher flow of goods & services in this segment
GrandViewResearchhassegmentedthebusiness to businesse commercemarketbased ondeploymenttype,application,andregion:
Intermediary oriented
Home&Kitchen
Business to Business E commerce Deployment Type Outlook (Revenue; USD Billion; 2018 2030)
Buyer oriented
Business to Business E commerce Application Outlook (Revenue; USD Billion; 2018 2030)
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Business-to-Business E-commerce Market Segmentation:
Supplier oriented
Since the outbreak of COVID 19, the key players in the market are focused on strengthening their foothold in the market by implementing strategies such as mergers & acquisitions, partnerships, and geographical expansion. For instance, in October 2020, eBay Inc. partnered with Google LLC’s Google Assistant to introduce voice control to eBay’s Android App. This new partnership was anticipated to bring voice control capabilities to the marketplace to meet the needs of the customers.
Business-to-Business E-commerce Market Report Highlights
The home & kitchen segment captured a sizeable revenue share in 2021. The lockdowns and restrictions imposed to curb the spread of coronavirus encouraged people to spend more time at home, thus contributing to the demand for home appliances around the globe
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NorthAmerica
Business-to-Business E-commerce Regional Outlook (Revenue; USD Billion; 20182030)
ConsumerElectronics Industrial&Science Healthcare Clothing Beauty&PersonalCare SportsApparel Books&Stationery Automotive Others
o U.S. o Canada Europe o U.K. o Germany o France o RestofEurope AsiaPacific o China o India o Japan o RestofAsiaPacific LatinAmerica o Brazil o Mexico
The latest information on how the market is evolving to formulate their sales and marketing strategies. This Market report has been created to provide its readers with up to date information and analysis to uncover emerging opportunities for growth.
o RestofLatinAmerica
The report provides a holistic view of the competitive scenario Business to Business E commerce Market.
The Report has a vast data store, so it can accommodate your custom needs as well.
A strong research methodology was followed to collect data for the report. The data collected in this way are subjected to several quality checks to provide the best quality.
DIYTrade.com
MiddleEast&Africa(MEA)
The market report covers the key challenges, competitive landscape, and demographic analysis that can help companies get insight into the country specific variations.
Highlights Points of the Market:
The data analysis in the report will help you understand the Business to Business E commerce Market dynamics projected from 2022 2030.
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The latest product launches, along with technological changes and developments, are included in the report.
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IndiaMARTInterMESHLtd.
QuillLincolnshire,Inc.
FlexfireLEDs
KOMPASS
eworldtrade.com
Flipkart.com
List of Key Players of Global Business-to-Business E-commerce Market Amazon.com,Inc. ChinaAseanTrade.com
eBayInc.
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About Grand View Research
Grand View Research is a full time market research and consulting company registered in San Francisco, California. The company fully offers market reports, both customized and syndicates, based on intense data analysis. It also offers consulting services to business communities and academic institutions and helps them understand the global and business scenario to a significant extent. The company operates across multitude of domains such as Chemicals, Materials, Food and Beverages, Consumer Goods, Healthcare, and Information Technology to offer consulting services.
The analysts also emphasize on the key trends and the future opportunities that can be explored in the region than can help companies in revenue expansion.