In terms of revenue, global digital transformation b2b e-commerce market was valued at US$ 231244.55 Mn in 2020 and is anticipated to grow at a CAGR of 21.68% over the forecast period. Informative data about Digital Transformation B2B E-commerce Market has been published by Absolute Markets Insights. To make some significant decisions in the businesses primary and secondary exploratory techniques have been used to analyze the data effectively. Different economic attributes of businesses have been brought into light to give a clear idea about financial budget of several industries. It covers several application segments to understand the applicable areas of Digital Transformation B2B E-commerce sector. Competitive landscape of global Digital Transformation B2B E-commerce companies has been studied to understand the competitive products and services across the globe. For effective global regional outlook analysts of the report examines global regions such as, North America, Latin America, Japan, Asia-Pacific, and India on the basis of productivity, manufacturing base and raw material.
Key Companies Profiled: Accenture, Adobe, Amazon Web Services, Inc., Atos, Cognizant, Deloitte Touche Tohmatsu Limited, Ernst & Young Global Limited, IBM Corporation, Infosys Limited, KPMG International Limited, Mercury E-commerce Microsoft, Oracle, Salesforce.com, inc., SAP SE, Tata Consultancy Services Limited, Tech Mahindra Limited, Wipro Limited, amongst others.
Browse the full report description, along with the ToCs and List of Facts and Figures @ https://www.absolutemarketsinsights.com/reports/Digital-Transformation-B2B-E-commerce-2020-2028-744
Based on offerings, the global digital transformation B2B e-commerce market is segmented into solutions and services. The market participants are increasingly providing consulting services to B2B companies to help them transition towards the e-commerce channels. Existing brick and mortar companies can design their e-commerce websites using latest UI/UX technology, and companies are also providing bundled packages that combine both website and mobile applications. Along with this, sales and marketing services such as search engine optimization and lead generation are also being provided by the market participants. This enables the companies to capture more traffic, thereby enhancing the chances of revenue generation through product sales. Services are expected to show significant growth during the forecast years in the global digital transformation B2B e-commerce market.
Some of the domains in which digital transformation is prominent include cyber defence, procurement and supply chain management, marketing and advertising and cloud transformation, amongst others. B2B companies are increasingly moving towards cloud-based solutions, due to the rapid growth of cloud computing infrastructure in the last decade. Cloud-based offerings enable in managing the critical employee, client, as well as business data remotely, which in turn helps in easier and efficient collaboration between teams.
North America accounted for a significant share in the global digital transformation B2B e-commerce market in 2019. In the U.S., the total revenue from B2B sales was estimated to be over 12 trillion in 2019, which is a 109% increase as compared to the merchandise sales revenue in 2013. The businesses in the U.S. are increasingly seeking assistance in adopting e-commerce sales channels to raise their B2B sales revenue. The region also has the presence of prominent market participants such cognizant, accenture, amazon web services, and microsoft, amongst others, which helps the B2B companies adopt e-commerce transformation services and solutions with ease.
Global Digital Transformation B2B E-commerce Market Segmentation:
By Offering
- Solutions
- Cloud
- On Premise
- Services
- Training and Consulting
- Implementation and Maintenance
- Design and Development
- Others
By Organization Size
- Small and Medium Enterprises
- Large Enterprises
By Application
- Cyber Defence
- Competitor Analysis and Industry Analysis
- Customer Engagement and Experience Design
- Procurement and Supply Chain Process
- Hybrid IT/Cloud Transformation
- Finance and Accounting Management
- Marketing and Advertising
- Others
By End-User
- Automotive
- Food and Beverages
- Manufacturing
- Automotive
- Construction
- Electrical, Electronics and Instrumentation
- Retail
- Others
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