Product Details

Global B2B E-Commerce Market 2018

Published: September 25, 2018
Length: 112 Pages
SKU: YST15782139
Global B2B E-Commerce Market 2018

Global digital business to business sales outpacing online retail, says report

The latest publication from Germany-based secondary market research company covers the prolific growth of online business to business sales. “Global B2B E-Commerce Market 2018” cites projections that by the end of this decade, volume of online B2B sales will be twice that of digital retail sales, as the wholesale sector adopts convenience traits of B2C merchants.

Sales figures of worldwide B2B E-Commerce are already in trillions of US dollars, and continued growth is expected. The report includes cites projections of growth, including a forecast that by 2020, digital B2B sales volume will be double that of online retail. Online sellers to other companies expect E-Commerce to improve their revenue growth while providing better service to their customers.

Some of the major trends in B2B E-Commerce imitate those of B2C sales. B2B buyers have come to expect the same 24/7 research and purchase capability that they have with online retail shopping, and B2B sellers are responding. Further, the marketplace trend of online retail extends to B2B E-Commerce, as platforms such as, ThomasNet and Amazon Business expand their reach and additional business to business sellers offer their products and services through marketplaces.