Sample Report: North America B2B E-Commerce Marketplaces 2024
The latest report from yStats.com, "North America B2B E-Commerce Marketplaces 2024," provides a comprehensive analysis of the region's evolving B2B E-Commerce Marketplace landscape. The report explores key trends in the adoption of digital marketplaces, the challenges companies face, and the role of technological advancements in shaping the future of B2B transactions in North America.
Description
Countries Covered: U.S.
Pages: 48
Publication Date: 04.09.2024
Questions Covered in the report:
- What are the major pain points faced by North American companies when using B2B E-Commerce marketplaces in 2023?
- How are technological advancements influencing B2B E-Commerce marketplaces in North America as of 2023?
- Which B2B marketplace had a dominant presence in the U.S. by December 2022?
- What was the most valued benefit of using B2B marketplaces among North American companies in 2023?
- In 2023, what percentage of B2B purchases in North America were made through online marketplaces?
Key Findings:
As estimated in 2023, B2B marketplace sales in the U.S. reached a value of over EUR 0.2 trillion.
Gradual Adoption of B2B Marketplaces in North America
The adoption of B2B E-Commerce marketplaces in North America is on a steady rise, but the transition remains cautious. In 2023, over 60% of companies reported that less than a quarter of their B2B purchases were conducted through these platforms, reflecting a slow shift away from traditional procurement methods.
Challenges in User Experience and Information Accessibility
Persistent challenges, such as the lack of searchable product information and subpar user experience, continue to hinder the broader adoption of B2B marketplaces in North America. Over 50% of companies struggle with finding detailed product information, while over 40% cite slow loading times and unintuitive interfaces as significant pain points. Addressing these issues is crucial for increasing marketplace engagement.
Technological Advancements and Industry-Specific Solutions
Technological advancements, particularly in artificial intelligence, are driving innovation within B2B E-Commerce marketplaces. AI is being used to enhance trend forecasting, provide personalized product recommendations, and automate procurement processes. As B2B marketplaces evolve, they are expected to play an increasingly significant role in North American business operations.
As these marketplaces continue to evolve and address existing challenges, their role in streamlining procurement and improving operational efficiency will likely become more pronounced. Ultimately, the gradual adoption of B2B E-Commerce marketplaces in North America signals a broader shift towards more digitized, agile, and customer-centric business environments.
Table of Content:
- Key Takeaways
- Management Summary
- North America Regional B2B E-Commerce Marketplaces
- Breakdown of B2B Purchases Made on B2B Marketplaces, by Share, in %, 2023e
- Breakdown of B2B Purchases Made on B2B Marketplaces in the Next 12 Months, by Share, in %, 2023e
- Breakdown of Preferences For Purchases Through B2B Marketplaces Over Traditional Purchasing Arrangements, in %, 2023e
- B2B Marketplaces Used to Find And Purchase Supplies, in % of Companies, 2023e
- Breakdown of Supplier Number Used by Companies, in %, 2023e
- Experienced B2B Marketplace Features, in % of Companies, 2023e
- Top Pain Points Experienced on B2B Marketplaces, in % of Companies, 2023e
- Most Significant Benefits Realized From Purchasing Through B2B Marketplaces, in % of Companies, 2023e
- Least Significant Benefits Realized From Purchasing Through B2B Marketplaces, in % of Companies, 2023e
- U.S. B2B E-Commerce Marketplaces
- B2B E-Commerce Marketplaces Market Overview, August 2024
- B2B E-Commerce Site Sales, in USD trillion, 2022e-2026f
- Share of B2B E-Commerce Site Sales Making Up Total B2B Electronic Sales, in % of Total B2B Electronic Sales, 2022e-2026f
- B2B E-Commerce Marketplace Sales Value, in USD billion, & in % of Y-o-Y Change, in %, 2020-2023
- Share of B2B E-Commerce Marketplace Sales Making Up Total Electronic Sales, in % of Total Electronic Sales, 2020-2023
- Share of B2B E-Commerce Marketplace Sales Making Up Total B2B Sales, in % of Total B2B Sales, 2019-2023
- B2B Sales Origin, by Sales Value, in USD trillion, 2023e
- Breakdown of B2B Product Sales, by Channel, in %, 2023e
- Share of B2B E-Commerce Making Up Total B2B Sales, in %, 2021 & 2027f
- Share of Companies That Sell Through Third-Party Marketplaces Like Amazon, in %, December 2022
- Amazon Business Product Sales Value, in USD billion, 2022 & 2023e
- Electronic Purchasing Options In Which B2B Buyers Participate, in % of B2B Buyers, 2023e
- Breakdown of Total B2B Spending of Companies Done Via Amazon Business, in %, 2023e
- Share of B2B Buyer That Do More Than a Quarter of Their Purchases On Amazon Business, in %, 2023e
- Share of B2B Buyers That Do More Than Half of Their Purchasing On Amazon Business, in %, 2023e
- Share of B2B Buyers That Do Not Buy Anything On Amazon Business, in %, 2023e
- Share of B2B Buyers That Buy On Other B2B Marketplaces Than Amazon Business, in %, 2023e
- Overview of Selected B2B Marketplaces, April 2024 (1 of 3)
- Overview of Selected B2B Marketplaces, April 2024 (2 of 3)
- Overview of Selected B2B Marketplaces, April 2024 (3 of 3)
- Critical Features of Selected B2B Marketplaces, April 2024 (1 of 2)
- Critical Features of Selected B2B Marketplaces, April 2024 (2 of 2)
Companies Mentioned :
- Global Sources
- eWorldTrade
- SeeBiz
- Amazon Business
- Alibaba
- Thomasnet