About B2B E commerce Marketplace
B2B denotes transactions between business to business, therefore the shopping experiences of B2B marketplaces can meet the supply and purchasing needs of businesses. B2B E commerce marketplace where one business system sells goods and services to other business systems. It offers unique properties such as easily finding new partners, finding the best price offers, the unified purchasing experience, a consumer can select advantageous payment methods.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Global B2B E commerce Marketplace is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching New Services. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Alibaba (China), eWorldTrade (United States), Rakuten (Japan), Exporthub (United States), eBay (United States), Global Sources (United Kingdom), THOMASNET (United States), IndiaMart (India), TradeIndia (India) and Amazon Business (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are TradeKey (Pakistan), TaiwanTrade (Taiwan) and EC21, Inc. (South Korea).
Segmentation Overview
AMA Research has segmented the market of Global B2B E commerce Marketplace market by Type (Buyer oriented, Supplier oriented and Intermediary oriented (Horizontal, Vertical)), Application (SMEs and Large Enterprises) and Region.
On the basis of geography, the market of B2B E commerce Marketplace has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Category, the sub-segment i.e. Fashion & Apparel will boost the B2B E commerce Marketplace market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Popularity of Usage of Chatbox by Customers and Surging Consumer Preference towards Investment in Augmented Reality to Understand Deeply about the Products
Market Growth Drivers:
Growing Applications of Smartphones Coupled with Increasing Internet Usage and Changing Lifestyle and rising per Capita Disposable Income
Challenges:
Stringent Regulations on the B2B E commerce Marketplace Vendors
Restraints:
Risk Related to Data Privacy and Rising Fraud Activities on Online Platforms
Opportunities:
Increasing Adoption of New Technologies can create Opportunities for Global B2B E commerce Marketplace Market Growth. and Surging Number of Small, Medium and Large Enterprises
Market Leaders and their expansionary development strategies
On 9th September 2021, Alibaba has launched new Alibaba.com Dropshipping Solutions along with new platform tools and a grants program. The new launch allows small business owners to eliminate inventory overhead or to test new products before making larger orders.
In March 2022,Indian eCommerce marketplace builder YoKart has launched YoKart B2B, a new B2B marketplace software tool, the company said in a Wednesday (March 30) press release.
According to Foreign Direct Investment Policy, “A single brand retail trading entity operating through brick and mortar stores is permitted to undertake retail trading through e-commerce. Marketplace e-commerce entities will be permitted to enter into transactions with sellers registered on its platform on a B2B basis.”
Key Target Audience
B2B E commerce Marketplace Providers, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.