Asia Pacific Business To Business E-commerce Market Size & Outlook
Asia Pacific business to business e-commerce market, 2018-2030 (US$B)
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Asia Pacific business to business e-commerce market highlights
- The Asia Pacific business to business e-commerce market generated a revenue of USD 6,499.4 billion in 2023.
- The market is expected to grow at a CAGR of 21.1% from 2024 to 2030.
- In terms of segment, intermediary-oriented was the largest revenue generating deployment in 2023.
- Intermediary-oriented is the most lucrative deployment segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 6,499.4 billion |
| Market revenue in 2030 | USD 24,784.8 billion |
| Growth rate | 21.1% (CAGR from 2023 to 2030) |
| Largest segment | Intermediary-oriented |
| Fastest growing segment | Intermediary-oriented |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Buyer-oriented, Supplier-oriented, Intermediary-oriented |
| Key market players worldwide | Amazon.com Inc, Alibaba Group Holding Ltd ADR, ASOS PLC, Costco Wholesale Corp, EBay Inc, Walmart Inc, JD.com Inc ADR, MercadoLibre Inc, Shopify Inc Registered Shs -A- Subord Vtg, Sea Ltd ADR, Wayfair Inc Class A, Zalando SE, DangDang.com |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 70.6% of the global business to business e-commerce market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 24,784.8 billion by 2030.
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Business To Business E-Commerce Market Scope
Business To Business E-Commerce Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific business to business e-commerce market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to business to business e-commerce market will help companies and investors design strategic landscapes.
Intermediary-oriented was the largest segment with a revenue share of 59.73% in 2023. Horizon Databook has segmented the Asia Pacific business to business e-commerce market based on buyer-oriented, supplier-oriented, intermediary-oriented covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is one of the fastest-growing markets for B2B e-commerce management. The region's huge and diverse economies, coupled with the availability of digital technology and infrastructure, is driving the usage of B2B e-commerce across various businesses and sectors.
Small and Medium-sized Enterprises (SMEs) are the primary driver of economic growth in most of the Asia Pacific countries. Governments in the region are actively encouraging the use of B2B ecommerce. This includes aid with website construction, internet marketing, and logistics, as well as financing for training and education programs.
The adoption of mobile is rising in Asia Pacific, and various organizations are embracing a mobile-first approach to B2B e-commerce. This includes creating mobile-optimized websites and applications and providing clients with a smooth mobile buying experience.
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Target buyers of Asia Pacific business to business e-commerce market databook
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Our clientele includes a mix of business to business e-commerce market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific business to business e-commerce market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific business to business e-commerce market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific business to business e commerce market size, by country, 2018-2030 (US$B)
Asia Pacific Business To Business E-Commerce Market Outlook Share, 2023 & 2030 (US$B)
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