E-commerce Industry Data Book - B2B E-commerce and B2C E-commerce Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030
The global E-commerce Industry was valued at USD 13,497.0 billion in 2022 and is anticipated to increase at a significant CAGR of 15.0% from 2023 to 2030.
Grand View Research’s E-commerce industry databook is a collection of market sizing information & forecasts, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.
Access the Global E-commerce Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies
B2C E-commerce Market Growth & Trends
The global B2C e-commerce market size is projected to reach USD 17,770.52 billion by 2030, registering a CAGR of 9.7% from 2023 to 2030, according to a new study by Grand View Research Inc.Within the business-to-consumer (B2C) e-commerce market landscape, the diversification of product groups, assortments, and niche markets has catered to evolving consumer needs, preferences, and lifestyle trends, promoting innovation, differentiation, and competitive edge for businesses operating in the digital marketplace. Physical storefronts, significant brick-and-mortar infrastructure, and associated costs related to overhead are replaced by business-to-consumer (B2C) e-commerce platforms, allowing firms to deploy resources more efficiently, optimize operating expenses, and achieve larger profit margins in a highly competitive marketplace.
Market globalization, trade liberalization initiatives, and improvements in logistics, administration of supply chains, and global shipping facilities present opportunities for the B2C e-commerce market to broaden its reach, enter new markets, and capitalize on underserved consumer segments, thereby unlocking new revenue streams and expansion of B2C e-commerce market options. By embracing innovative strategies, partnership building, and customer-centric approaches, B2C e-commerce market platforms aim to differentiate their product offerings, provide disruptive solutions, and develop distinctive value propositions that stick with changing consumer needs, preferences, and objectives in the age of digital media. Integrating social media platforms, interactive elements, and shoppable content into B2C e-commerce market platforms enables seamless social commerce experiences, promotes viral marketing, and leverages user-generated content, amplifying brand visibility, involvement, and rates of conversion while fostering community-building and promoting the brand in the interconnected digital ecosystem.
Order your copy of the Free Sample of “E-commerce Industry Data Book - B2B E-commerce and B2C E-commerce Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research
B2B E-commerce Market Growth & Trends
The global B2B e-commerce market was valued at USD 7,904.0 billion in 2022 and is projected to grow at a CAGR of 22.8% from 2023 to 2030. COVID-19 pandemic has accelerated the demand for e-commerce during a period of slow economic activity. In the first half of 2020, the pandemic affected several businesses across the globe. With stay-at-home constraints, numerous customers and organizations went digital to buy and sell goods and services online. Moreover, companies have been participating in/renewing partnerships with various vendors aimed at enabling the e-commerce companies to offer a better product range, enabling the companies to gain better traction in the market. For instance, In November 2022, Cartona renewed its partnership with Beyti (based in Egypt juice, milk, and other dairy products), which enabled Beyti to showcase its 94 products on the Cartona e-commerce platform.
Flexible payment options favor business owners. The changing B2B buyer behavior and a strong emphasis on streamlining purchasing processes are prompting B2B e-commerce companies. This, in turn, offers payment methods, such as third-party payments and mobile wallets, as part of their efforts to make B2B transactions more convenient. Moreover, e-comm companies have been involved in partnerships aimed at improving B2B e-comm payments, such initiatives have also been driving the growth of this market during the forecast period. For instance, in December 2022, Market Time LLC had partnered with Balance Payments, Inc. (Israel-based B2B payment platform) aimed at launching B2B payment solution. The partnership will enable Market Time to integrate Balance’s mtPay, which enables easy processing of pain points, and reduced cost, and time.
Go through the table of content of E-commerce Industry Data Book to get a better understanding of the Coverage & Scope of the study
Competitive Landscape
Key players operating in the E-commerce Industry are:
- Alibaba Group Holding Limited
- Amazon, Inc.
- Apple Inc.
- Best Buy
- eBay Inc.
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Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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