Market revenue in 2023 | USD 1,283.2 billion |
Market revenue in 2030 | USD 4,331.3 billion |
Growth rate | 19% (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 |
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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 60.72% in 2023. Horizon Databook has segmented the North 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 rapid growth of the North America B2B e-commerce market can be attributed to the increased adoption of digital technologies, shifting consumer behavior, and the requirement for companies to streamline their procurement processes.
The increasing use of AI and ML technologies to automate and improve various operations is one of the key trends in the North American B2B e-commerce sector. Businesses are deploying AI-powered chatbots to enhance customer service.
For instance, machine learning algorithms are used to analyze data and find trends in customer behavior. Moreover, businesses in the North America B2B e-commerce market utilize IoT technology to track inventory and maintain a record of supply chain activities in real-time and install blockchain technology to improve security and transparency in transactions.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America business to business e-commerce market , including forecasts for subscribers. This continent databook contains high-level insights into North America business to business e-commerce market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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