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The GMI Research expects the Business-To-Business E-Commerce Market to expand at a significant rate. From a regional perspective, the Asia-Pacific is expected to increase at a higher CAGR due to the increasing number of businesses like healthcare, automotive, consumer electronics, and clothing, among others in the developing countries, such as South Korea, India, and China in the region.
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Business-To-Business E-Commerce Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Business-To-Business E-Commerce Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
Key Drivers
The advancements in digital technologies is one of the major factors surging the growth of the Business-To-Business e-commerce market during the forecast period. Moreover, the rising internet connectivity and networking infrastructure have increased demand for online sales platforms by more enterprises for the transaction of their services and products, which is another factor attracting new consumers to the market. Furthermore, the increasing application of B2B e-commerce in various business sectors and models, ranging from services like accounting, legal, digital to physical products including equipment, machinery, consumer goods, and others, is further augmenting the growth of the market. Additionally, B2B e-commerce transfers and synchronizes data in real-time that aids in decreasing cycle time for businesses, efficient inventory management, and assistance in sales and marketing. This helps to improve the management of suppliers and customers, declines costs, boost productivity, quick delivery, and enhanced quality, thus supporting the rising adoption of B2B e-commerce.
On the other hand, fraudulent online transactions and inefficient delivery infrastructure that causes loss of packages and late deliveries will hinder the growth of the business-to-business e-commerce market. In addition to this, cyber-attacks and payment security breaches are also hampering the market growth in the upcoming years. For example, 32 percent of businesses faced cybersecurity breaches, according to the Cyber Security Breaches Survey 2019 by the Department for Culture, Digital, Media, and Sport in the UK.
Deployment Type Segment Drivers
Deployment Type Segment Drivers
Based on deployment type, the intermediary-oriented model segment is projected to increase at a higher CAGR during the forecast period due to the remarkable benefits provided by the intermediary-oriented model like troubleshooting, customization, advertising, pre-sales assistance, sale negotiation, warranties and maintenance, financing, and aid settling the transaction between buyers and sellers.
Business-To-Business E-Commerce Market’s leading Manufacturers:
Business-To-Business E-Commerce Market’s leading Manufacturers:
· 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
Business-To-Business E-Commerce Market Segmentation:
Business-To-Business E-Commerce Market Segmentation:
Segmentation by Deployment Type:
Segmentation by Deployment Type:
· Supplier-Oriented
· Buyer-Oriented
· Intermediary-Oriented
Segmentation by Application:
Segmentation by Application:
· Home & Kitchen Application
· Consumer Electronics
· Industrial & Science
· Healthcare
· Clothing
· Beauty & Personal Care
· Sports Apparels
· Books & Stationary
· Automotive
· Others
Segmentation by Region:
Segmentation by Region:
· North America
o United States of America
o Canada
· Asia Pacific
o China
o Japan
o India
o Rest of APAC
· Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe
· RoW
o Brazil
o South Africa
o Saudi Arabia
o UAE
o Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a market research and consulting company that provides syndicated research reports, consulting services, and customized market research reports. Our reports are based on market intelligence studies to ensure relevant and fact-based research across numerous sectors, including healthcare, automotive, information technology & communication, FMCG, and other industries. GMI Research’s deep understanding related to the business environment helps us in generating objective strategic insights. Our research teams consisting of seasoned analysts and researchers have hands-on experience in various regions, including Asia-pacific, Europe, North America, and the Rest of the World. The market research report offers in-depth analysis, which contains refined forecasts, a bird's eye view of the competitive landscape, factors impacting the market growth, and several other market insights to aid companies in making strategic decisions. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to help our clients to stay ahead of the curve.
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