Business-to-Business E-commerce Global Market Report 2022

Major players in the business-to-business e-commerce market are Alibaba, Amazon Inc., ChinaAseanTrade, DIYTrade, eBay, eworldtrade, Flipkart, IndiaMART, Kompass, EC21, InterMESH Ltd., Thomasnet, KellySearch, Rakuten, Mercateo and Walmart.

The global business-to-business e-commerce market is expected to grow from $8,075.85 billion in 2021 to $9,446.1 billion in 2022 at a compound annual growth rate (CAGR) of 17.0%. The business-to-business e-commerce market is expected to grow to $17,904.1 billion in 2026 at a CAGR of 17.3%.

The business-to-business e-commerce market consists of sales of business-to-business e-commerce by entities (organizations, sole traders, and partnerships) that refer to the practice of selling and purchasing items and services occurring between two businesses. B2B e-commerce involves trades between a manufacturer and a wholesaler, or a wholesaler and a retailer, using an online sales gateway.

The main business-to-business e-commerce deployment are supplier-oriented, buyer-oriented and intermediary-oriented. Supplier-oriented business-to-business e-commerce refers to a B2B e-commerce marketplace set up and run by a group of suppliers looking to build an effective online sales channel to a large number of customers to boost up their sales. The different business-to-business e-commerce payment modes include credit card, net banking and mobile wallet apps. The different enterprise sizes for business-to-business e-commerce include small and medium enterprises and large enterprises. The applications of business-to-business e-commerce include home and kitchen, consumer electronics, industrial and science, healthcare, clothing, beauty and personal, sports apparels, books and stationery and automotive.

Asia Pacific was the largest region in the business-to-business e-commerce market in 2021. The regions covered in business-to-business e-commerce market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The business-to-business e-commerce market research report is one of a series of new reports that provides business-to-business e-commerce market statistics, including business-to-business e-commerce industry global market size, regional shares, competitors with a business-to-business e-commerce market share, detailed business-to-business e-commerce market segments, market trends and opportunities, and any further data you may need to thrive in the business-to-business e-commerce industry. This business-to-business e-commerce market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The rising inclination of businesses toward e-commerce platforms is expected to propel the growth of the business-to-business e-commerce market. Businesses established online (e-commerce) have a greater reach to customers than offline businesses. E-commerce platforms provide businesses with various tools and technologies to help them grow. For instance, according to Canadian multinational e-commerce company, Shopify, Latina America's e-commerce sale in 2021 was $85 billion, which is 25% higher than the previous year. Russia, the UK, and the Philippines also saw more than 20% growth in the e-commerce business in 2021 as compared to 2020. Therefore, the rising inclination of businesses towards e-commerce platforms drives the growth of the business-to-business e-commerce market.

Implementation of cloud in B2B e-commerce is shaping the business-to-business e-commerce market. To manage enormous numbers of transactions and traffic to online sales channels, cloud e-commerce leverages clusters of servers and other cloud-based solutions from cloud suppliers. It allows digital businesses to respond fast to changing demand, improve security, simplify maintenance, and quickly construct or integrate new e-commerce apps. For instance, in January 2022, Ciracom Cloud, a managed security and cloud services firm, launched its cloud-based B2B marketplace. This marketplace includes more than 1000 software-as-a-Service (SaaS) subscriptions allowing a cloud-first approach to businesses and helping in decision making for what is best for business.

In June 2021, Lightspeed POS, a Canada-based point-of-sale and e-commerce software provider, acquired NuOrder for deal money of $425 million. This acquisition is expected to give Lightspeed clients benefits of the enhanced supply chain management and customer experience abilities. order is a B2B e-commerce platform that helps big global brands and merchants digitize their purchasing and selling processes.

The countries covered in the business-to-business e-commerce market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

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