Sample Report: North America B2B Trends E-Commerce, Payments & Marketplaces 2024

Description

Countries Covered: U.S.

Pages: 65

Publication Date: 10.09.2024

Questions Covered in this report:

• What is the projected value of ACH B2B payment transactions in the U.S. for 2024?
• What was the most significant pain point for North American companies using B2B marketplaces?
• Which marketplace dominates the U.S. B2B E-Commerce landscape in 2023?
• What share of North American companies experienced delays in B2B purchases due to budgetary constraints and price?
• What was the estimated value of Amazon Business product sales in the U.S. in 2023?

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Key Findings:

In the U.S., B2B E-Commerce sales hit just under EUR 2 trillion in 2023

U.S. B2B E-Commerce: Surge in Digital Transactions and Market Expansion

The U.S. B2B E-Commerce sector is experiencing remarkable growth. In 2023, B2B E-Commerce sales in the United States reached under EUR 2 trillion, more than doubling from levels seen in 2019.

The Evolution of B2B Payments: Shifting Preferences and Digital Adoption

In the realm of B2B payments, the landscape is shifting. The report reveals that Automated Clearing House (ACH) payments are on track to become the dominant method in the U.S., surpassing traditional checks and cash. ACH transactions are projected to reach under EUR 16 trillion in 2024, highlighting a move towards more efficient and digital payment solutions.

B2B Marketplaces: Current Trends and Future Projections

U.S. B2B E-Commerce marketplaces are rapidly growing, driven by advancements in AI, niche specialization, and a shift towards digital transactions. The sector is seeing increasing preference for online purchasing, with significant growth in marketplace sales. Amazon Business is a major player, leading the market with advanced features and a strong presence. Other notable platforms like Alibaba, Global Sources, Thomasnet, and eWorldTrade also contribute to the dynamic and evolving landscape of B2B marketplaces.

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Table of Content:

1. Key Takeaways
2. Management Summary
3. North America

3.1.         B2B E-Commerce Market Trends3.1.1.      Regional

• B2B E-Commerce GMV Compound Annual Growth Rate, in % of CAGR, 2018-2022 & 2022-2026f

3.1.2.      U.S.

• B2B E-Commerce Sales Value, in USD trillion, & in % of Y-o-Y Change, in %, 2019-2023
• Share of B2B E-Commerce Sales Making Up Total Electronic Sales, in % of Total Electronic Sales, 2019-2023
• Share of B2B E-Commerce Sales Making Up Total B2B Sales, in % of Total B2B Sales, 2019-2023
• Share of B2B Buyers Who Would Switch Suppliers If Another B2B Web Store Offered a Better Experience, in %, 2023*

3.2.          B2B Payment Insights & Trends 3.2.1.       U.S.

• Breakdown of B2B Payment Transaction Value, by Payment Method, in USD trillion, 2018-2022e
• Breakdown of B2B Payment Transaction Value, by Transaction Method, in % of Total B2B Transaction Value, 2019 & 2024f
• B2B Card Payment Transaction Value, in USD trillion, & in % of Y-o-Y Change, in %, 2019-2024f
• ACH B2B Payment Transaction Value, in USD trillion, & in % of Y-o-Y Change, in %, 2019-2024f
• Check And Cash B2B Payment Transaction Value, in USD trillion, & in % of Y-o-Y Change, in %, 2019-2024f
• Share of Digital Making Up Total B2B Transactions, in %, 2025f
• Share of B2B Payments That Experience Errors, in %, 2023e
• Share of B2B Invoices That Are Paid Late, in %, 2023e

3.3.          B2B E-Commerce Marketplaces3.3.1.       Regional

• 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

3.3.2.       U.S.

• 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)

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Companies Mentioned:

• Global Sources
• eWorldTrade
• SeeBiz
• Amazon Business
• Alibaba
• Thomasnet