The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
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Learn moreAug 2018
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The B2B e-commerce market is already valued at USD4 trillion, and is predicted to grow by 2025, largely thanks to growth in developed countries. Cost and time savings, smoother sales processes, competition in the B2B field, and the growing number of tech-savvy consumers are forecast to drive e-commerce growth. Manufacturing industries offering high-value added goods, such as machinery or electronics, are the most ready to embrace B2B e-commerce. .
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Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.
The global B2B e-commerce market already stands at an estimated USD4 trillion, and is anticipated to grow. Improved sales processes and new sales channels enabled by e-commerce are to drive the B2B e-commerce market’s growth.
Developed countries are expected to lead in the B2B e-commerce field by 2025. Well-developed IT and logistics infrastructure, sound online payment systems and advanced manufacturing supply chains will keep developed nations in the lead. Emerging countries, meanwhile, offer the strongest growth potential, although the development of e-commerce is constrained by still developing IT infrastructure, logistics system and restrictions on the internet.
Increasing competition among suppliers, sales process optimisation and associated costs, and the growing share of tech-savvy consumers will encourage manufacturers to increase their online presence. Manufacturers offering a similar to B2C e-commerce experience have greatest chance of success.
B2B buyers are expected to gain from lower costs thanks to e-commerce. Price comparability and bidding platforms allow savings of up to 15-20% of costs, while smoother order and delivery processes promise lower inventory warehousing costs and time savings.
Manufacturing industries, offering high value-added components (such as hi-tech goods, machinery) are the most ready to increase their B2B e-commerce presence. Clear product identification and relatively simple transportation of goods allow easy cataloguing of offerings online, and provide quick delivery for customers.
The global B2B e-commerce market already stands at an estimated USD4 trillion, and is anticipated to grow. Improved sales processes and new sales channels enabled by e-commerce are to drive the B2B e-commerce market’s growth.
Developed countries are expected to lead in the B2B e-commerce field by 2025. Well-developed IT and logistics infrastructure, sound online payment systems and advanced manufacturing supply chains will keep developed nations in the lead. Emerging countries, meanwhile, offer the strongest growth potential, although the development of e-commerce is constrained by still developing IT infrastructure, logistics system and restrictions on the internet.
Increasing competition among suppliers, sales process optimisation and associated costs, and the growing share of tech-savvy consumers will encourage manufacturers to increase their online presence. Manufacturers offering a similar to B2C e-commerce experience have greatest chance of success.
B2B buyers are expected to gain from lower costs thanks to e-commerce. Price comparability and bidding platforms allow savings of up to 15-20% of costs, while smoother order and delivery processes promise lower inventory warehousing costs and time savings.
Manufacturing industries, offering high value-added components (such as hi-tech goods, machinery) are the most ready to increase their B2B e-commerce presence. Clear product identification and relatively simple transportation of goods allow easy cataloguing of offerings online, and provide quick delivery for customers.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.