Latin America Business To Business E-commerce Market Size & Outlook
Latin America business to business e-commerce market, 2018-2030 (US$B)
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Latin America business to business e-commerce market highlights
- The Latin America business to business e-commerce market generated a revenue of USD 216.3 billion in 2023.
- The market is expected to grow at a CAGR of 14.7% 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, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 216.3 billion |
| Market revenue in 2030 | USD 566.4 billion |
| Growth rate | 14.7% (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, Latin America region accounted for 2.3% 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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Latin America 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 59.41% in 2023. Horizon Databook has segmented the Latin America 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.
The e-commerce sector in Latin America has been proliferating in recent years, generating potential for B2B e-commerce platforms. With the rise of globalization, Latin American businesses are seeking ways to broaden their reach and enter new markets, which is increasing the adoption of B2B e-commerce platforms.
Big data analytics is being used to gain insights into product trends and customer behavior, which facilitates analyzing massive amounts of data generated by B2B e-commerce platforms. The government of Latin America has been supportive of the region’s expansion and acceptance of B2B e-commerce, identifying its potential to stimulate economic growth and increase enterprises' productivity.
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Target buyers of Latin America 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 Latin America business to business e-commerce market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America business to business e-commerce market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America business to business e commerce market size, by country, 2018-2030 (US$B)
Latin America Business To Business E-Commerce Market Outlook Share, 2023 & 2030 (US$B)
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