Global B2B eCommerce Market Research Report Analysis | ICT

1. Global B2B eCommerce Market set to capture $247.64 billion in revenue by 2030 Inkwood Research estimates that the Global B2B eCommerce Market is set to record a 21.07% CAGR in terms of revenue during the forecast period, 2022-2030. “Browse 52 market data Tables and 43 Figures spread over 196 Pages, along with an in-depth TOC on the Global B2B eCommerce Market Forecast 2022-2030.” VIEW TABLE OF CONTENT LINK - https://inkwoodresearch.com/reports/b2b-ecommerce- market/#table-of-contents The global B2B eCommerce market is positively influenced by the popularity of specialized B2B online marketplaces, a surging interest and focus on digital experiences, and the online operations of retail businesses. Also, modern B2B buyers significantly contribute to the shopping experience. B2B sellers tailor personalized products and services to tend to the buyers’ individual needs. Moreover, the specialized B2B marketplace is growing rapidly with increased demand and technological advancement. It is moving towards creating an impactful eCommerce marketplace for B2B. Additionally, fast order fulfillment and new payment options create lucrative opportunities for market growth.

2. REQUEST FREE SAMPLE LINK - https://inkwoodresearch.com/reports/b2b-ecommerce- market/#request-free-sample Increasing Online Orders Drive Market Growth B2B eCommerce offers customers a range of payment options, making transactions more convenient. This is one of the major growth promoters for the global B2B eCommerce market during the forecast period. The closure of physical stores globally, coupled with an increase in the number of digital buyers and online orders, is one of the major factors which has positively impacted the B2B outlook. Through eCommerce, organizations and businesses can easily measure and evaluate sales effectiveness, marketing campaigns, customer engagement, customer sales effectiveness, product mix, and inventory turns. Therefore, an increase in the number of digital buyers and online orders is expected to propel market growth. Food & Beverage – Fastest-Growing Product Type B2B eCommerce presents a huge opportunity for the food and beverage industry, where the perishable nature of most of the products and the high level of competition in the industry makes efficiency and speed essential. With the growing compliance and regulatory requirements, the global food and beverage industry has some unique challenges that are considered while implementing a B2B eCommerce software solution. Also, there have been significant developments by the market players in B2B eCommerce in the field of food and beverage, which is expected to promote market growth during the forecast period. Majority of Market Shares captured by Asia-Pacific Asia-Pacific held the largest market share in 2021 owing to rising internet penetration, as smartphone use has increased the number of online suppliers and customers across the region. Also, Asia-Pacific is expected to record the highest CAGR over the forecast period. Asia-Pacific is one of the largest and fastest-growing eCommerce marketplaces due to populous countries like China and India, where domestic consumption is one of the key contributors to economic growth. More marketplace startups are emerging to capitalize on various business profiles, diversity of consumers, and supply chains across the region, which drive the Asia-Pacific B2B eCommerce market. The industry rivalry in the global eCommerce market is expected to remain high due to numerous global players in a fragmented market. The high cost of brand development in the online retail sector weakens the influence of new entrants compared to sector giants like Amazon. The threat of substitution in the global B2B eCommerce market is also high because low switching costs enable consumers to easily switch between companies. Request for Customization: https://inkwoodresearch.com/request-for-custom-report/

3. About Inkwood Research Inkwood Research specializes in syndicated & customized research reports and consulting services. Market intelligence studies with relevant fact-based research are customized across industry verticals such as technology, automotive, chemicals, materials, healthcare, and energy, with an objective comprehension that acknowledges the business environments. Our geographical analysis comprises North & South America, CEE, CIS, Middle East, Europe, Asia, and Africa. Contact Us https://www.inkwoodresearch.com sales@inkwoodresearch.com 1-(857)293-0150 Related Reports: GLOBAL CONTENT DELIVERY NETWORK MARKET GLOBAL BIG DATA IN ECOMMERCE MARKET