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B2B E-commerce Market – Industry Dynamics, Market Size, And Opportunity Forecast To 2027

B2B E-commerce Market By Type (Cleaning Supplies, Hospitality Products, Industrial & MRO, IT Products, Office supplies, Pantry Products, Others); By Payment Mode (Credit Card, Net Banking, Mobile Wallet Apps, Others); By Enterprise size (Small & Medium Enterprises, Large Enterprises); By Region, Competition, Opportunities, and Forecast To 2027

  • Published On: 22-Oct-2021  |  Format: pdfpowerpointexcel  |  Report ID: AA1021098
    Delivery: 2 to 4 Hours
INFOGRAPHIC:
B2B E-commerce Market

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REPORT SCOPE

Report AttributeDetails
Market Size Value in 2020US$ 7,528.9 Bn
Expected Revenue in 2027US$ 18,771.4 Bn
Historic Data2017-2020
Base Year2021
Forecast Period2022-2027
UnitValue (USD Bn)
CAGR14.1% [2022-2027]
Segments coveredBy Type, By Payment Mode, By Enterprise Size, and Region 
Regional ScopeNorth America; Europe; Asia Pacific; Middle East & Africa; South America
Key CompaniesAlibaba, Amazon, eBay Inc., Flipkart, Eworldtrade, and other prominent players.
Customization ScopeGet your customized report as per your preference. Ask for customization

FREQUENTLY ASKED QUESTIONS

In the study conducted by Astute Analytica, the market size was US$ 7,528.9 Billion in the year 2020.

B2B E-Commerce short for business-to-business electronic commerce; a commercial transactions between businesses via online channels. In other words, transactions of sale of goods and services between businesses through any of the online sale platforms is called B2B E-Commerce.

In B2B E-Commerce business is selling to other businesses only, but in B2C E-Commerce business is selling to end-users directly. The marketing strategies that pertain in both transactions are completely different.

Alibaba, Amazon, eBay Inc., Flipkart, e-worldtrade, Global Source, IndiaMart, Thomasnet, etc. are some of the key companies that provide B2B E-Commerce services. Top five players in the market hold 58.8% of the total market share while the rest is occupied by local players.

Alibaba holds the highest market share of 30.1% globally. This is closely followed by Amazon and JD.com.

In the year 2020, e-commerce experienced unprecedented growth. The pandemic has hastened digital transitions.

Small & Medium Enterprise segment holds the highest market share of 80% in the year 2020. However, large enterprise is estimated to record highest CAGR in the forecast period 2021-2027 as compared to other enterprise category.

B2B E-Commerce platforms helps business to strengthen their market presence not only locally but also internationally. The B2B ecommerce portals are a way of increasing their customer reach. The transactions carried out through e-commerce platforms achieve more efficiency at lower costs.

According to the report by Astute Analytica, the Global B2B E-Commerce Market is projected to record a revenue of US$ 18,771.4 Bn by 2027.

Demographic influence shaping customer’s need and changing lifestyle during pandemic are some social factors shaping B2B trade preference.

Asia-Pacific B2B e-commerce industry accounted US$ 4,940.7 Bn in the year 2020. 

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