Industry Background:
Business-to-Business (B2B) Electronic-Commerce is a type of intercompany transaction. This business includes wholesale trade as well as company purchase of services, technology, resources, and manufacturer. It also includes some financial transactions between companies such as bonds, insurance, securities, and others. B2B transaction is more complex than B2C. According to the ‘United Nations Conference on Trade and Development’, global e-commerce sales grew by 13% in 2017 and hitting an estimated USD 29 trillion. Moreover, many Business-to-Business e-commerce companies continued to dominate accounting for 88 percent for all online sales.
This growth is primarily driven by Growing Number of Distributer, Retailers and Traders Globally and Increasing Online-Shopping.
Globally, a noticeable market trend is evident Business-To-Business E-Commerce Could Be Double the Size of Business-To-Company
. The Internet Retail sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as ExxonMobil Corp (United States), Chevron Corp (United States), Apple Inc. (United States), General Motors Co (United States), Phillipps 66(United States), Ford (United States), General Electric (United States), Valero Energy Corp (United States), Dell Inc (United States), Amazon (United States), Oracle Corporation (United States), IBM (United States), Netalogue plc (United Kingdom), SAP Hybris (Germany), Mercateo (Germany), IndiaMART (India) and Alibaba Group (China) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 12th March 2019, Bigcommerce, the leading SaaS eCommerce platform for fast-growing and established brands have launches B2B Ecommerce Initiative Targeted at Wholesalers, Manufacturers and Distributors with six industry-leading technology partners Apruve, Brightpearl, Bundle B2B, Nextopia, PunchOut2Go, and ShipperHQ.
On 9th April 2019, Many Business-to-Businesses E-Commerce have begun building their own platforms to tap into this very less explored market that is expected to reach USD 700 Billion by 2020., On 3rd March 2019, Amazon, an American multinational technology company launched its project zero. Due to this new program launching that empowers brands to help eliminate counterfeits. and On 24th July 2019, Alibaba, the Chinese multinational conglomerate holding company has launched a new B2B ecosystem for small businesses.
Market Drivers
- Growing Number of Distributer, Retailers and Traders Globally
- Increasing Online-Shopping
Market Trend
- Business-To-Business E-Commerce Could Be Double the Size of Business-To-Company
- Increasing Trend of Mobile Ecommerce
Restraints
- Limited Market Base as It Deals with Transactions between Businesses
- Lengthy Decision Process between Businesses
Opportunities
Manufacturer Are Extending Ecommerce Access to the Third Party Logistic Provider and New Market Opportunities are Emerging Countries
Challenges
Business-to-Business Adopt a Variable Pricing Strategy Where Bigger Customer Get More Discount and Available of Substitute Business-to-Company Ecommerce in the Market
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Business-to-Business eCommerce Study Sheds Light on
The Business-to-Business eCommerce Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Business-to-Business eCommerce industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Business-to-Business eCommerce industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.