UK Business To Business E-commerce Market Size & Outlook
UK business to business e-commerce market, 2018-2030 (US$B)
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UK business to business e-commerce market highlights
- The UK business to business e-commerce market generated a revenue of USD 225.3 billion in 2023 and is expected to reach USD 703.2 billion by 2030.
- The UK market is expected to grow at a CAGR of 17.7% 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.
Business to business e-commerce market data book summary
| Market revenue in 2023 | USD 225.3 billion |
| Market revenue in 2030 | USD 703.2 billion |
| Growth rate | 17.7% (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, UK accounted for 2.4% 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 Europe, Germany business to business e-commerce market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 1,045.4 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 |
|---|
UK 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 60.41% in 2023. Horizon Databook has segmented the UK 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.
To improve their B2B e-commerce operations, U.K. businesses are rapidly implementing new technologies such as Artificial Intelligence (AI), Machine Learning (ML), and the Internet of Things (IoT). Various firms in the U.K. are shifting to online marketplaces such as Amazon.com Inc. and Alibaba.com. to purchase vendor goods and services.
These marketplaces provide several advantages, including access to a broader selection of suppliers and products, competitive pricing, and rapid ordering procedures. These advanced technologies have the potential to help businesses automate procedures, improve customer service, and cut expenses.
The U.K. government has launched the Digital Skills Partnership (DSP), a collaboration among businesses, local governments, and training providers, to promote digital skills in the U.K. Through this collaboration, the government aims to provide businesses with the skills and knowledge required to participate in the digital economy, especially in B2B e-commerce.
Reasons to subscribe to UK business to business e-commerce market databook:
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of UK 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 UK business to business e-commerce market , including forecasts for subscribers. This country databook contains high-level insights into UK business to business e-commerce market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
UK business to business e commerce market size, by deployment, 2018-2030 (US$B)
UK Business To Business E-Commerce Market Outlook Share, 2023 & 2030 (US$B)
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