The global business to business electronic market size is expected to grow from $30.26 billion in 2021 to $32.09 billion in 2022 at a compound annual growth rate (CAGR) of 6%. The global B2B electronic market size is expected to grow to $38.73 billion in 2026 at a CAGR of 4.8%.
What is the Global Business-to-Business Electronic Market?
The business-to-business electronic market consists of sales of services of business-to-business electronic markets by entities (organizations, sole traders, and partnerships) that provide services in bringing together buyers and sellers of goods using the Internet or other electronic means and generally receiving a commission or fee for the service. Business-to-business electronic markets for durable and nondurable goods are included in this industry.
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What drives the Global Business-to-Business Electronic Market?
The surge in the inclination of companies towards electronic or e-commerce platforms to mark their online presence is expected to contribute to the growth of business-to-business electronics. Business-to-business electronic markets help companies to reach a large consumer base, reduce cost, and improve efficiency by automating manual processes. B2B electronic markets increase opportunities for manufacturers to collaborate with suppliers and distributors. For instance, in October 2020, The Dentists Supply Co. and Henry Schein Inc., a USA-based dental products distributor together relaunched TDSC.com as a healthcare supply source for members of all 50 state dental associations.
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Global Business-to-Business Electronic Market Segments
The global business-to-business electronic market is segmented:
By Deployment Type: Supplier-Oriented, Buyer-Oriented, Intermediary-Oriented
By Application: Home and Kitchen, Consumer Electronics, Healthcare, Clothing, Beauty and Personal Care, Sports Apparels, Automotive, Others
By End-User: Network as a Service (NAAS), Data as a Service (DAAS), Storage as a Service (STAAS), Back-End as a Service (BAAS)
By Geography: The regions covered in the business-to-business electronic market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Business-to-Business Electronic Global Market Report 2022provides market size and growth forecasts for the global business-to-business electronic market, global business-to-business electronic market share, business-to-business electronic market segments and geographies, business-to-business electronic market competitive landscape including leading competitors’ revenues, profiles and market shares. The business-to-business electronic market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Business-to-Business Electronic Industry Playersinclude Amazon, Alibaba, Rakuten, Flipkart.com, IndiaMART, InterMESH Ltd., and eBay Inc. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
