Business To Business E-Commerce Market

Business-To-Business E-Commerce Market was valued at USD 7,840.0 billion in 2022 and is forecast to touch USD 30,074.2 billion in 2030, and the market is expected to grow at a CAGR of 18.3% from 2023-2030.

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Market Dynamic

Key Drivers and Emerging Trends

The global Business-To-Business E-Commerce market is expected to grow at a significant rate during the forecast period. The advancements in digital technologies and the rising internet connectivity and networking infrastructure have led to the increasing adoption of online sales platforms by more and more businesses for the transaction of their services and products. This is expected to drive the growth of the B2Be-commerce market during the forecast period. Additionally, rapid application of B2B e-commerce in several business models and sectors, ranging from services such as legal, digital, accounting, to physical products like machinery, equipment, consumer goods, and others is further anticipated to stimulate the market growth. Moreover, B2B e-commerce transmits and synchronizes data in real time that helps in reducing cycle time for businesses, assistance in sales and marketing, and efficient inventory management. This helps in better management of suppliers and customers, increases productivity, reduces costs, improved quality, and faster delivery, which thereby, contributes to the increasing adoption of B2B e-commerce.

Restraints in the Global Business-To-Business E-Commerce Market

Fraudulent online transactions and inefficient delivery infrastructure that leads to late deliveries and loss of packages are some of the major factors that are anticipated to hamper the Business to business e-Commerce market growth. Moreover, cyber-attacks and payment security breaches is further expected to restraint the growth of the market during the forecast period. For instance, 32% of businesses faced cyber security breaches as per the Cyber Security Breaches Survey 2019, by the Department for Digital, Culture, Media and Sport, UK.

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Deployment Type – Segment Analysis

Based on deployment type, the intermediary-oriented model segment is expected to grow at a higher CAGR in the market. This can be attributed to benefits offered by the intermediary-oriented model such as customization, pre-sales assistance, troubleshooting, warranties and maintenance, advertising, financing, sale negotiation, and help settling the transaction between buyers and sellers.

Application – Segment Analysis

On the basis of the application, the automotive segment is expected to grow at a notable CAGR during the forecast period owing to several benefits including reduction in operating cost, convenience, easy access, and fast transactions. Moreover, easy availability of auto parts ranging from emission controls to clutches and brakes, simplified product search, detailed product information, easy invoicing, credit memos, and seamless exchange of information is further contributing to the market growth. For instance, TruPar America, one of the prominent companies in U.S. sells forklift parts to other businesses.

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Regional – Segment Analysis

Based on the Region, Asia-Pacific region is anticipated to witness a faster CAGR in the Business-To-Business E-Commerce market during the forecast period. This is primarily due to the rising number of businesses such as automotive, healthcare, clothing, and consumer electronics among others in the growing economies including China, India, and South Korea in the region. On the other hand, North America is projected to dominate the market owing to the rapid economic development and high adoption of advance networking infrastructure. Moreover, presence of some of the leading market players including Amazon.com, Inc., Best Buy, Bonanza, Cratejoy, eBay Inc., Etsy, Inc., Houzz Inc., Newegg Inc., Walmart, and Wayfair LLC among other B2B e-commerce companies is expected to boost the growth of the market in the region. 

Top Market Players

Various notable players operating in the market include Amazon Com, Inc., eBay Inc., Walmart Inc., IndiaMART InterMESH Limited, Medline Industries, Inc., Thomas Publishing Company, DIYTrade.com, KOMPASS, eworldtrade.com, Alibaba Group Holding Limited, Inxeption Corporation, and Znode, among others.

Key Developments:

• • In 2020, Spindustry, a web development and digital marketing agency, partnered with Znode, an enterprise B2B e-commerce platform. This partnership is aimed to serve the B2B ecommerce business of Spindustry as well as focus on serving more customers in the agriculture industry.
  • In 2019, UPS, one of the global leaders in logistics entered into a partnership with Inxeption and announced a platform integration called Inxeption Zippy, which helps businesses in setting up market and distribute their products on multiple online channels, from one secure place. This is expected to make B2B E-Commerce easier for merchants.

Segments Covered in the Report:

The global Business-To-Business E-Commerce market has been segmented on the basis of deployment type, application, and regions. Based on deployment type, the market is segmented into supplier-oriented, buyer-oriented, and intermediary-oriented. Based on application, the market is segmented into home & kitchen application, consumer electronics, industrial & science, healthcare, clothing, beauty & personal care, sports apparels, books & stationary, automotive, and others. 

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Key questions answered in this research report:

• • At what pace is global Business-To-Business E-Commerce market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Business-To-Business E-Commerce market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Business-To-Business E-Commerce market?
  • Which deployment type generated maximum revenues in 2021 and identify the most promising deployment type during the forecast period?
  • What are the various applications of global Business-To-Business E-Commerce market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Global Business-To-Business E-Commerce Market by Deployment Type

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

Global Business-To-Business E-Commerce Market by Application

• • Home & Kitchen Application
  • Consumer Electronics
  • Industrial & Science
  • Healthcare
  • Clothing
  • Beauty & Personal Care
  • Sports Apparels
  • Books & Stationary
  • Automotive
  • Others

Global Business-To-Business E-Commerce Market by Region

• • North America Business-To-Business E-Commerce Market (Option 1: As a part of the free 25% customization)

    • By Deployment Type
    • By Application
    • US Market All-Up
    • Canada Market All-Up

  • Europe Business-To-Business E-Commerce Market (Option 2: As a part of the free 25% customization)

    • By Deployment Type
    • By Application
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up

  • Asia-Pacific Business-To-Business E-Commerce Market (Option 3: As a part of the free 25% customization)

    • By Deployment Type
    • By Application
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up

  • RoW Business-To-Business E-Commerce Market (Option 4: As a part of the free 25% customization)

    • By Deployment Type
    • By Application
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Major Players Operating in the Business-To-Business E-Commerce (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Amazon Com, Inc.
  • eBay Inc.
  • Walmart Inc.
  • IndiaMART InterMESH Limited
  • Medline Industries, Inc.
  • Thomas Publishing Company
  • com
  • KOMPASS
  • com
  • Alibaba Group Holding Limited 
  • Inxeption Corporation
  • Znode