4 Key Ways the B2B eCommerce Market is Maturing
The B2B eCommerce industry is booming. At $780 billion, the B2B eCommerce market is worth more than double that of the B2C market in the US, where it currently represents 9.3% of all B2B sales. Forrester has predicted that this phenomenon will spread to a global level by 2020, with B2B ecommerce accounting for $6.7 trillion in trade worldwide, compared to $3.2 trillion for B2C.