Global B2B Ecommerce Market Dynamics Report 2021

0

DUBLIN, September 16, 2021 / PRNewswire / – The report “B2B Ecommerce: Challenges and Opportunities Caused by Digital Acceleration” has been added to ResearchAndMarkets.com offer.

Research and Markets logo

This report examines the impact of the pandemic on B2B sales. Specifically, the author examines how the digital transformation of B2B commerce, which began before the pandemic, has been dramatically accelerated.

According to the definition of B2B e-commerce, there are multiple estimates as to its size, both overall and in United States. Nonetheless, with COVID-19 disrupting physical sales, B2B e-commerce volumes have increased for all e-sales channels.

Now, B2B e-commerce volumes are overtaking consumer e-commerce (B2C) volumes, while both types of e-commerce are experiencing remarkable growth. Even if the pandemic abates, the growing importance of e-commerce in the B2B industry will persist; digitization is here to stay.

In the report, the publisher focuses on the rise of B2B markets, which are particularly important as workplace demographics change and customer expectations for seamless digital experiences continue to shape the landscape. We identify the functionalities and characteristics that will define successful B2B markets as digitization continues. The author then explains where the financial services industry can find some success in the growing B2B market space through specific opportunities.

Total sales on B2B e-commerce sites increased by 10% to reach $ 1.39 trillion in 2020, and including e-procurement sales, B2B digital sales total more than $ 2.19 trillion and this excludes sales on EDI platforms. Although B2B markets currently represent a modest share of all electronic sales, it appears that the B2B industry is moving towards a possible market-dominated distribution model.

Highlights of the report include:

  • Detailed review and clarification of e-commerce methods and approaches for the B2B space

  • Examining the Impact of COVID-19 on Physical and Digital B2B Sales Trends

  • A review of the demographic factors that determine market preferences

  • A summary of the most important features and functionality that B2B marketplaces should offer to meet digital centric expectations

  • Detailed analysis of financial services industry opportunities in payments and lending with respect to B2B market disruptors

Main topics covered:

1. Summary

2. Presentation

3. Overview of B2B e-commerce

  • The diverse topology of B2B commerce

  • Market size and trends: the COVID-fueled sprint towards digital transformation

  • Marketplaces are the big winner of 2020

4. Opportunity

5. Conclusions and strategic advice

6. References

Companies mentioned

  • Amazon

  • Ali Baba

  • A capital letter

  • chase away

  • Epicenter

  • IBM

  • JP Morgan

  • cabbage

  • Kinnek

  • Loan tree

  • Magento

  • Marqueta

  • Oracle

  • Predix

  • PunchOut2Go

  • Selling power

  • Shopify

  • Spryker

  • Square capital

  • Thomas.net

  • Virto Commerce

  • well Fargo

For more information on this report, visit https://www.researchandmarkets.com/r/eh7k2p

Media contact:

Research and markets
Laura Wood, senior
[email protected]

For EST office hours, call + 1-917-300-0470
For USA / CAN call toll free + 1-800-526-8630
For GMT office hours, call + 353-1-416-8900

US Fax: 646-607-1904
Fax (outside the United States): + 353-1-481-1716

Cision

Cision

View original content: https://www.prnewswire.com/news-releases/global-b2b-e-commerce-market-dynamics-report-2021—pandemic-related-disruptions-caused-digital-business-to – business-sales-to-increase-for-all-online-channels-301378709.html

SOURCE Research and Markets


Source link

Share.

About Author

Leave A Reply