B2B e-commerce is a fast-growing market primarily owing to better customer relationship management. As conducting business is convenient in this market, companies are adopting software solutions to sustain in the market. These solutions help e-commerce companies improve and fast-track their business decisions.
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Rising Adoption of Cloud Solutions Boosts the Market in North America
The adoption of cloud services in North America is increasing, which in turn, is expected to boost the region’s e-commerce market. This rising adoption is ascribable to automatic integrations, cost-effectiveness, easy accessibility, and the fact that it needs minimal investment. The B2B e-commerce software solutions market growth in North America is likely to witness an upward trajectory as e-commerce firms are planning to adopt modern solutions. In addition to this, companies are keen on replacing their old systems with new and advanced ones. For instance, retailers in North America are adopting software solutions to enhance the customer buying experience.
Key Market Driver –
- Need to simplify Business Processes and Adoption of cloud-based services by small, medium and large firms.
- Growing demand to provide personalized customer experience to maintain long-term relations with the customers
Key Market Restraint –
- Issues in the integration of the software with the existing legacy systems, such as SAP and other CRM systems.
The market in the Asia Pacific is expected to grow considerably in the forecast period. A growing number of internet users and improving infrastructure facilities in this region are enabling growth in the market. Increasing smartphone users and growing internet penetration lead to increasing adoption of B2B e-commerce solutions in the Asia Pacific. Spurred by these, the B2B e-commerce software solutions market revenue is expected to surge until 2027.
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1. By Type
- Web store / Platform Solutions
- Management Software
2. By Deployment Model
- Buyer Oriented
- Supplier Oriented
- Intermediary Oriented
3. By Enterprise Size
- Small and Medium Enterprises
- Large Enterprises
4. By Geography
- North America (USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of the Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- The Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
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Major Table of Content For Business-to-Business E-commerce Software Solutions Market:
- Executive Summary
- Market Dynamics
- Key Insights
- Global Business-to-Business E-commerce Software Solutions Market Analysis, Insights and Forecast, 2016
- North America Business-to-Business E-commerce Software Solutions Market Analysis, Insights and Forecast, 2016
- Europe Business-to-Business E-commerce Software Solutions Market Analysis, Insights and Forecast, 2016
- Asia Pacific Business-to-Business E-commerce Software Solutions Market Analysis, Insights and Forecast, 2016
- The Middle East and Africa Business-to-Business E-commerce Software Solutions Market Analysis, Insights and Forecast, 2016
- Latin America Business-to-Business E-commerce Software Solutions Market Analysis, Insights and Forecast, 2016
- Competitive Landscape
- Company Profile
An Overview of the Impact of COVID-19 on this Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
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