South Korea Business To Business E-commerce Market Size & Outlook
South Korea business to business e-commerce market, 2018-2030 (US$B)
Related Markets
South Korea business to business e-commerce market highlights
- The South Korea business to business e-commerce market generated a revenue of USD 445.8 billion in 2023 and is expected to reach USD 1,720.1 billion by 2030.
- The South Korea market is expected to grow at a CAGR of 21.3% 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.
Business to business e-commerce market data book summary
| Market revenue in 2023 | USD 445.8 billion |
| Market revenue in 2030 | USD 1,720.1 billion |
| Growth rate | 21.3% (CAGR from 2023 to 2030) |
| Largest segment | Intermediary-oriented |
| Fastest growing segment | Intermediary-oriented |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, South Korea accounted for 4.8% of the global business to business e-commerce market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China business to business e-commerce market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 10,404.7 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 |
|---|
South Korea 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 59.47% in 2023. Horizon Databook has segmented the South Korea 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.
- South Korea Business To Business E-Commerce Deployment Outlook (Revenue, USD Billion, 2018-2030)
- Buyer-oriented
- Supplier-oriented
- Intermediary-oriented
- South Korea Business To Business E-Commerce Application Outlook (Revenue, USD Billion, 2018-2030)
- Home & Kitchen Application
- Consumer Electronics
- Industrial & Science
- Healthcare
- Clothing
- Beauty & Personal Care
- Sports Apparels
- Books & Stationery
- Automotive
- Others
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Target buyers of South Korea 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 country-level data and insights on the South Korea business to business e-commerce market , including forecasts for subscribers. This country databook contains high-level insights into South Korea business to business e-commerce market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea business to business e commerce market size, by deployment, 2018-2030 (US$B)
South Korea Business To Business E-Commerce Market Outlook Share, 2023 & 2030 (US$B)
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