Global B2B E-commerce Market Share

Statistics for the 2023 & 2024 Global B2B E-commerce market share, created by Mordor Intelligence™ Industry Reports. Global B2B E-commerce share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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Market Share of Global B2B E-commerce Industry

In the B2B e-commerce business, many firms have expanded and entered the market, resulting in fierce competition. Some of the key players are Amazon.com Inc., Alibaba Group Holding Limited, eBay, Indiamart, Flipkart, and many more. Product launches, high expenses on R&D, acquisitions and partnerships, etc. are the growth strategies such companies adopt to sustain the intense competition.

  • July 2022 - Aditya Birla Group-owned Grasim Industries has announced an investment of INR 2,000 Crores over 5 years in developing a business-to-business (B2B) e-commerce platform focused on building materials.
  • July 2022 - Balance, the player in B2B marketplace and eCommerce payments, announced Series B Funding of USD 56 million led by Forerunner Ventures with support from Salesforce Ventures, Hubspot Ventures, Lyra Ventures, and Gramercy Ventures. The company aims to utilize the funding to expand its offerings to new, global eCommerce platforms and enable B2B merchants to grow their digital revenue.

B2B E-Commerce Market Leaders

  1. Amazon.com, Inc.

  2. ChinaAseanTrade.com

  3. DIYTrade.com

  4. eBay Inc.

  5. eworldtrade.com

*Disclaimer: Major Players sorted in no particular order

The B2B e-commerce marketplace, a rapidly growing sector, offers a platform for businesses to establish their own online stores within larger e-commerce platforms. This marketplace provides benefits such as high scalability, convenience in product and price comparison, and advertising opportunities for suppliers. The B2B e-commerce market, segmented based on supply category, deployment, sales channels, and end-use industries, is geographically diverse with North America leading due to a large number of vendors. Despite challenges like payment security and data privacy concerns, the market is expected to grow significantly, driven by technological advancements like artificial intelligence and cloud technologies that enhance customer experience. Mordor Intelligence™ Industry Reports provide a comprehensive analysis of the global B2B E-commerce market, including a forecast outlook to 2029, historical overview, and market share, size, and revenue growth rate for 2024.

B2B E-commerce Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)