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Business-to-Business Electronic Market Statistics and Growth Prediction 2021- Amazon; Alibaba; Rakuten; Flipkart.com; IndiaMART InterMESH Ltd; eBay Inc
Business-to-Business Electronic Market 2021 report helps the clients to take business decisions and to understand strategies of major players in the industry. The report also calls for market- driven results deriving feasibility studies for client needs. Market Insights Reports ensures qualified and verifiable aspects of market data operating in the real- time scenario. The analytical studies are conducted ensuring client needs with a thorough understanding of market capacities in the real- time scenario.SPECIAL OFFER (Avail an Up-to 25% discount on this report, please fill the form and mention the code: MIR30 in the comments section)
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The global business to business electronic markets market is expected to grow from $9.77 billion in 2020 to $10.34 billion in 2021 at a compound annual growth rate (CAGR) of 5.8%
Top leading Companies Profiled in Business-to-Business Electronic Market Report are Amazon; Alibaba; Rakuten; Flipkart.com; IndiaMART InterMESH Ltd; eBay Inc.
Markets Segmentation:
1) By Deployment Type: Supplier-Oriented; Buyer-Oriented; Intermediary-Oriented2) By Application: Home And Kitchen; Consumer Electronics; Healthcare; Clothing; Beauty And Personal Care; Sports Apparels; Automotive; Others3) By End Users: Network as a Service (NAAS); Data as a Service (DAAS); Storage as a Service (STAAS); Back-end as a Service (BAAS)
Regional Analysis:
Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)
Market Overview
The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $12.45 billion in 2025 at a CAGR of 4.8%.
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.
Manufacturers are establishing their B2B marketplaces for selling their products online and fulfilling the customer requirements for niche products, which is likely to be a key trend in the business-to-business electronic. For instance, in February 2020, Reliance steel has launched a B2B marketplace fast metals for the supply of metal products. In January 2019, Honeywell, a manufacturer of parts for airplanes and helicopters had launched a B2B marketplace for selling aerospace parts.
The business-to-business electronic market covered in this report is segmented by deployment type into supplier-oriented, buyer-oriented, intermediary-oriented, by application into home and kitchen, consumer electronics, healthcare, clothing, beauty and personal care, sports apparels, automotive, others.
In May 2019, Shopify Inc., a Canada-based e-commerce company has acquired Handshake for $100 million. Through this acquisition, Shopify Inc. expands its B2B e-commerce platforms. Moreover, Handshake added new products and services to Shopify Inc.s existing portfolio. Handshake is a USA-based B2B e-commerce company that provides a platform for the manufacturers and distributors close to its customers.
The surge in the inclination of companies towards electronic or e-commerce platforms to mark their online presence is expected to contribute to the growth of the business-to-business electronic. Business to business electronic markets help companies to reach a large consumer base, reduce cost, and improve efficiency by automating manual processes. B2B electronic markets increase opportunities for manufacturers to collaborate with suppliers and distributors. For instance, in October 2020, The Dentists Supply Co. and Henry Schein Inc., a USA-based dental products distributor together relaunched TDSC.com as a healthcare supply source for members of all 50 state dental associations.
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Key Takeaways from Business-to-Business Electronic Report
─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals
─Understand the different dynamics influencing the Business-to-Business Electronic market – key driving factors, challenges and hidden opportunities.
─Get in-depth insights on your competitor performance – Business-to-Business Electronic market shares, strategies, financial benchmarking, product benchmarking, SWOT and more
─Analyze the sales and distribution channels across key geographies to improve top-line revenues.
─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
─Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.
─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Business-to-Business Electronic
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In conclusion, the Business-to-Business Electronic market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the Business-to-Business Electronic Industry business competitors. Our expert research analyst’s team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.
Available Customization– The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234
Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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