Global digital business to business sales outpacing online retail, says yStats.com report

The latest publication from Germany-based secondary market research company yStats.com covers the prolific growth of online business to business sales. “Global B2B E-Commerce Market 2018” cites projections that by the end of this decade, volume of online B2B sales will be twice that of digital retail sales, as the wholesale sector adopts convenience traits of B2C merchants.

Sales figures of worldwide B2B E-Commerce are already in trillions of US dollars, and continued growth is expected. The yStats.com report includes cites projections of growth, including a forecast that by 2020, digital B2B sales volume will be double that of online retail. Online sellers to other companies expect E-Commerce to improve their revenue growth while providing better service to their customers.

Some of the major trends in B2B E-Commerce imitate those of B2C sales. B2B buyers have come to expect the same 24/7 research and purchase capability that they have with online retail shopping, and B2B sellers are responding. Further, the marketplace trend of online retail extends to B2B E-Commerce, as platforms such as Alababa.com, ThomasNet and Amazon Business expand their reach and additional business to business sellers offer their products and services through marketplaces.

For further information, see: https://www.ystats.com/wp-content/uploads/2018/09/2018.09.24_Product-Brochure-Order-Form_Global-B2B-E-Commerce-Market-2018.pdf

About yStats.com
Founded in 2005 and headquartered in Hamburg, Germany, yStats.com is one of the world's leading secondary market research companies. We are committed to providing the most up-to-date and objective data on Global B2C E-Commerce and Online Payment markets to sector-leading companies worldwide.
Our multilingual staff researches, gathers, filters and translates information from thousands of reputable sources to synthesize accurate and timely reports in our areas of expertise, covering more than 100 countries and all global regions. Our market reports focus predominantly on online retail and payments, but also cover a broad range of related topics including M-Commerce, Cross-Border E-Commerce, E-Commerce Delivery, Online Gaming and many others. In addition to our wide selection of market reports, we also provide custom market research services.
We are proud to cooperate with companies like Bloomberg and Thomson Reuters. Given our numerous citations in leading media sources and journals worldwide, including Forbes and the Wall Street Journal, we are considered one of the most highly-reputed international secondary market research companies with an expertise in the areas of B2C E-Commerce and Online Payment.

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This release was published on openPR.