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The global B2B e-commerce market is estimated to garner a significant revenue by the end of 2031 by growing at a CAGR of ~20% over the forecast period, i.e., 2022 u2013 2031.
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Global B2B E-Commerce Market Growth to be Propelled by Rising Internet Users byCAGR of ~20%During2022 – 2031 Kenneth Research published a report titled “B2B E-Commerce Market: Global DemandAnalysis&OpportunityOutlook2031”whichdeliversdetailedoverview of the global B2B e-commerce market in terms of market segmentation by applications, deploymenttype,payment mode,andby region. Further,for thein-depthanalysis, thereportencompasses theindustry growth indicators,restraints,supplyanddemandrisk,alongwithdetaileddiscussiononcurrent and future markettrends thatareassociated withthegrowthofthemarket. The global B2B e-commerce market is estimated to grow at a CAGR of ~ 20% over the forecastperiod,i.e.,2022-2031.Themarketissegmentedbyapplicationsinto automotive, healthcare, consumer electronics, home & kitchen, beauty & personal care, and others. Out of these, the consumer electronics segment is anticipated to hold the largest share over the forecast period. This can be attributed to the rising demand for computers,smartphones,and laptopsacross theglobe.
RisinginternetusersareexpectedtodrivethegrowthoftheglobalB2B e- commerce market. Moreover, increasing online shopping is further anticipated to surge the growthofthemarket. Access Full description: https://www.kennethresearch.com/report- details/b2b-e-commerce-market/10352409 Geographically,theglobalB2Be-commercemarketissegmentedintofivemajorregions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Out of them, the market in the Asia Pacific region is projected to hold the largest market share by the end of 2031 on the back of growing demand for products and services, followed by the rising percentage of its populations. Therefore, the businesses in this region willpurchase and sellmore productsfor theconsumers. The research is global in nature and covers detailed analysis on the market in North America(U.S.,Canada),Europe(U.K.,Germany,France, Italy,Spain,Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest ofLatinAmerica),Asia-Pacific(China,India,Japan,SouthKorea,Indonesia,Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth&opportunityanalysis,marketplayers’competitivestudy,investment opportunities,demandforfutureoutlooketc.hasalsobeencoveredanddisplayedinthe researchreport. AdoptionofDigitalization toDrivethe GrowthoftheMarket Digital transformation strategy has been adopted by more than 35 per cent of the traditionalbusinessesin theyear2018. There has been increasing adoption of digitalization across the globe, which is making it easier for businesses to purchase and sell goods around the world. Hence, it is projected to increase thegrowthoftheglobal B2B e-commercemarket.
However, the lack of security related to payments, the high cost of the investment for upgradation, and the high threat to data privacy are expected to operate as key restraint tothegrowthofglobal B2B e—commerce market overtheforecast period. This report also provides the existing competitive scenario of some of the key players of the global B2B e-commerce market which includes company profiling of eBay Inc., Amazon.com, Inc., EC21 Inc., PayPal Payments Private Limited, Thomas Publishing LLC,FlipkartInternet PrivateLimited,QuillLincolnshire,Inc.,eworldtrade.com, Newegg Business Inc., Flexfire LEDs, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global B2B e-commerce market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new playerssearchingpossibilities andotherstakeholderstoalign theirmarketcentric strategiesaccordingtotheongoingand expectedtrendsinthefuture. Request Report Sample@ https://www.kennethresearch.com/sample- request-10352409 KennethResearch isaleadingserviceproviderfor strategicmarketresearch and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order toavoid futureuncertainties. ContactformoreInfo: AJDaniel Email: sales@kennethresearch.com U.S. Phone:+13134620609