B2B e-commerce

Fintech Projected to Become a $1.5 Trillion Industry by 2030

Retrieved on: 
Wednesday, May 3, 2023

NEW YORK, May 3, 2023 /PRNewswire/ -- Financial technology revenues are projected to grow sixfold from $245 billion to $1.5 trillion by 2030, according to a new report released today by Boston Consulting Group (BCG) and QED Investors. The fintech sector, which currently holds a 2% share of the $12.5 trillion in global financial services revenue, is estimated to grow up to 7%, of which banking fintechs are expected to constitute almost 25% of all banking valuations worldwide by 2030.

Key Points: 
  • The report, Global Fintech 2023: Reimagining the Future of Finance , provides a comprehensive overview of fintech's future landscape globally and explores the latest trends and opportunities in the global fintech market.
  • It also examines the regulatory environment for fintech companies and the impact of emerging technologies.
  • North America, which currently has the world's largest financial-services industry, will remain a critical fintech market and innovation hub, projected to grow fourfold to $520 billion in 2030, with the US accounting for a projected 32% of global fintech revenue growth (a CAGR of 17%).
  • The report projects a fintech revenue CAGR of 32% until 2030 in Africa, with South Africa, Nigeria, Egypt, and Kenya being the key markets.

Fulfilment, a Factor That Makes Or Breaks e-Commerce Businesses

Retrieved on: 
Monday, August 8, 2022

SAN FRANCISCO , Aug. 8, 2022 /PRNewswire-PRWeb/ -- In the past 12 months, shares of Shopify are down about 50% and are currently hovering around $727. The ecommerce company anticipates revenue growth for the full year to be lower than the 57% achieved in 2021.(1) The rise of e-Commerce 3.0 has been a catalyst for major changes in e-Commerce, precipitated by COVID and the great resignation over the past couple of years. The pent-up demand forced upon e-Commerce by the pandemic and intolerant consumers who are demanding ease and speed of use have been the byproducts of these catalysts. Small- to medium-sized e-Commerce businesses cannot afford to let consumers down, particularly in terms of fulfilment. "A major component of e-Commerce 3.0 centers on fulfilment," says Mikel Lindsaar, CEO and Founder of StoreConnect, an eCommerce 3.0 system that integrates multiple systems into one solution run from a single platform.

Key Points: 
  • To succeed in today's e-Commerce landscape requires a fully integrated solution, fulfillment being a crucial factor, according to Mikel Lindsaar, CEO and Founder of StoreConnect.
  • Small- to medium-sized e-Commerce businesses cannot afford to let consumers down, particularly in terms of fulfilment.
  • (5) In terms of e-Commerce 3.0, fulfilment is a factor that can make or break a business.
  • Lindsaar claims that more e-Commerce businesses will be opting for a fully integrated e-Commerce solution as e-Commerce 3.0 heats up.

Global B2B E-Commerce Market to 2025 - Shift Towards Digital Sales Amid COVID-19 - ResearchAndMarkets.com

Retrieved on: 
Thursday, September 9, 2021

This report provides an insightful overview of the business-to-business E-Commerce industry amid the health crisis, including the recent developments in sales channels, B2B payments, and market players activities.

Key Points: 
  • This report provides an insightful overview of the business-to-business E-Commerce industry amid the health crisis, including the recent developments in sales channels, B2B payments, and market players activities.
  • Following the onset of the COVID-19 pandemic, the B2B industry was exogenously prompted to adopt digital channels, resulting in an increase of B2B E-Commerce sales in 2020, as compared to 2019.
  • It includes global data and international comparisons related to B2B E-Commerce development and trends, along with region- and country-specific market information.
  • It includes information on the global B2B E-Commerce sales development and projections, top market trends and factors most important in B2B E-Commerce.

Worldwide B2B Payment Industry and Trends 2021 Report - Featuring FAB, HSBC Bank and LayerX Among Others

Retrieved on: 
Wednesday, July 28, 2021

B2B Payment Trends for 2021, June 2021

Key Points: 
  • B2B Payment Trends for 2021, June 2021
    Share of E-Commerce Sales, in % of Total B2B Sales, February 2021
    Share of Digital Channels in B2B Sales Interactions Between Suppliers and Buyers, in % of Total, 2025f
    Total Value of B2B Cross-Border Payments, in USD trillion, 2020e & 2022f
    Share of Instant Payments in Value of Total B2B Transactions, in %, 2020e
    Share of Instant Payments, by Volume and Value, in % of Total B2B Transactions, 2022f
    Share of Instant Payments, in % of Total B2B and Consumer Digital Money Transfer and Banking Payments Value, 2025f
    Share of B2B Payments, in % of Total Instant Payments Value, 2025f
    Top Payment Methods Offered by B2B E-Commerce Businesses, in % of B2B Leaders, November 2020
    Top Payment Methods Available, by B2C and B2B, in % of Payment Decision-Makers, 2020
    B2B Electronic Payments, in % of Total Payments, 2019 & 2020
    Top Payment Investment Priorities in the Next 12 Months, in % of B2B Leaders, July 2020
    Companies' Fintech and Bank Strategies for B2B Payments, in % of B2B Leaders, 2019 & 2020
    Top Factors to Impact B2B Companies' Decision to Use Fintech Payment Solutions, by Business Size, in % of B2B Leaders, July 2020
    Top B2B Payments Obstacles, by Business Size, in % of B2B Leaders, July 2020
    Likelihood of Organizations Converting Majority of their B2B Payment Made to Suppliers from Checks to Electronic/Digital Payments, in % of Corporate Practitioners, 2020
    Barriers on Increasing Use of Electronic Payments for B2B Companies, in % of Corporate Practitioners, 2020
    Payment Fraud Attempts after COVID-19 Compared to 2019, in % of Corporate Practitioners, 2020
    Overview of Virtual Cards Usage in B2B Transactions, incl.
  • B2B Virtual Cards, in % of Total Virtual Cards Transaction Value, 2025f
    Share of B2B Purchasing Running Through Digital, Self-Service Channels, in % of Purchasing Professionals, June 2020
    B2B E-Commerce Sales, and B2B E-Commerce Sales Combined with E-Procurement, in USD billion, 2019 & 2020
    Share B2B Organizations that Earn the Majority of their Revenue from E-Commerce, in %, August 2020
    Share B2B SMBs that Saw an Increase in Online B2B Transactions Since COVID-19, in %, September 2020
    Value of B2B Payment Transactions, by Payment Method, in USD trillion, and Breakdown of B2B Payment Methods, in % of Total Transaction Value, 2021f
    Payment Methods Used For Recurring Purchases, by B2B and B2C and B2B-Only Companies, October 2020
    Expected Changes in the Percentage of Overdue B2B Invoices Paid Late Over the Next 12 Months, in % of B2B Companies, Q1 2020
    Share B2B Organizations that Earn the Majority of their Revenue from E-Commerce, in %, August 2020
    Expected Changes in the Percentage of Overdue B2B Invoices Paid Late Over the Next 12 Months, in % of B2B Companies, Q1 2020
    Share of B2B Payments Value Made on Credit, in %, 2019 & 2020e
    Expected Changes in the Percentage of Overdue B2B Invoices Paid Late Over the Next 12 Months, in % of B2B Companies, Q1 2020
    Expected Online Sales Growth by 2023, in % of Leading Manufacturers, 2020
    Change in the Proportion of B2B Sales on Credit Compared to Pre-COVID-19, in % of B2B Companies, Q3 2020
    Share B2B Organizations that Earn the Majority of their Revenue from E-Commerce, in %, August 2020
    Share of Mostly or Fully Automated B2B Payment-Related Processes, by Payment Channel, in % of Senior Decision-Makers, April 2021
    Top Reasons Why B2B Buyers Switched to a New Supplier as a Result of COVID-19, in % of B2B Buyers, April 2020
    Top Aspects of the B2C Customer Experience Would B2B Buyers Like to See, in % of B2B Buyers, April 2020
    Share B2B Organizations that Earn the Majority of their Revenue from E-Commerce, in %, August 2020
    Payment Methods Offered, by All, New and Existing Customers, in % of B2B E-Commerce Companies, January 2021
    Payment Methods Offered, by Company's Size, in % of B2B E-Commerce Companies, January 2021
    Methods Used to Process Payments Data from Different Channels and Service Providers, by Company's Size, in % of B2B Omnichannel Companies, January 2021
    Market Share of B2B E-Commerce, by Countries, in % of Total E-Commerce Market, 2020e
    Corporate Procurement Purchases E-Commerce Market Size, in CNY trillion, 2019 & 2022f
    Share B2B Organizations that Earn the Majority of their Revenue from E-Commerce, in %, August 2020
    Share B2B Organizations that Earn the Majority of their Revenue from E-Commerce, in %, August 2020
    Overview of JCB Activity on the B2B Payments Landscape Post-COVID-19, June 2021
    Overview of Select B2B Payment Platforms, incl.
  • Fees Charged, June 2021
    Share of B2B Companies that Perceived a Slow Down in Their Clients' Invoice Payments over the past 12 months, in %, Q2 2021
    Share of B2B Companies that Did not Perceive Change in Payment Timing over the Past 12 Months, in %, Q2 2021
    Overview of Mastercard's Activity Post-COVID-19, June 2021
    Overview of Visa's Activity Post-COVID-19, June 2021
    Overview of the Current State and Businesses' Expectations in B2B E-Commerce, January 2021
    Share of B2B Companies that Make their Purchases Primarily Online, in %, January 2021
    Share of B2B Companies that Make their Purchases Primarily Online, in %, January 2021

commercetools Takes Home Nine of 10 "Medals" in Leading B2B Digital Commerce Report

Retrieved on: 
Wednesday, July 28, 2021

The Paradigm B2B Combine report leverages the "combine" process that professional sports teams use to evaluate the capabilities and fit of draft candidates across key performance areas to evaluate digital commerce solutions.

Key Points: 
  • The Paradigm B2B Combine report leverages the "combine" process that professional sports teams use to evaluate the capabilities and fit of draft candidates across key performance areas to evaluate digital commerce solutions.
  • "commercetools is well-suited for technically-inclined enterprise B2B companies looking for a well-supported and flexible B2B eCommerce solution," said Hoar.
  • One commercetools large enterprise customer said: "If our CEO has an idea, we can quickly and easily prototype it using commercetools."
  • commercetools is the world's leading platform for next-generation B2B and B2C commerce.

Paradigm B2B Announces Release of Third Annual Evaluation of Digital Commerce Solutions for B2B

Retrieved on: 
Wednesday, July 21, 2021

CHICAGO, July 21, 2021 /PRNewswire/ -- Paradigm B2B announced today the wide release ofits annual research focused on B2B e-commerce solutions offered in both the midmarket and enterprise buying segments.Developed by Paradigm B2B CEO and B2B e-commerce expert Andy Hoar, both the Paradigm B2B Midmarket and Enterprise Combines are now available for free download from several of the vendors evaluated in the research.

Key Points: 
  • CHICAGO, July 21, 2021 /PRNewswire/ -- Paradigm B2B announced today the wide release ofits annual research focused on B2B e-commerce solutions offered in both the midmarket and enterprise buying segments.Developed by Paradigm B2B CEO and B2B e-commerce expert Andy Hoar, both the Paradigm B2B Midmarket and Enterprise Combines are now available for free download from several of the vendors evaluated in the research.
  • He's covered the space for years and knows a great deal about B2B e-commerce platforms.
  • Many people turn to Andy for critical B2B insights," said Adrienne Hartman, Senior Director of Ecommerce & Campaign Sales at J.J. Keller & Associates, Inc.
    Several vendors evaluated in the 2021 Combine research are making the Paradigm B2B Combine reports available for free as a digital download.
  • To download a free copy of a Paradigm B2B Midmarket Combine report, please visit any of the following sites:

B2B Marketplaces Market Report 2021: Global B2B Buyers See Potential in Business-to-Business Marketplaces for their Companies

Retrieved on: 
Friday, July 16, 2021

DUBLIN, July 16, 2021 /PRNewswire/ -- The "Global B2B Marketplaces Market 2021" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, July 16, 2021 /PRNewswire/ -- The "Global B2B Marketplaces Market 2021" report has been added to ResearchAndMarkets.com's offering.
  • Global B2B Marketplaces Market 2021" provides insights into the current state and future trends of business-to-business marketplaces industry across the globe.
  • Despite the fact that B2B marketplaces currently do not make up a large share in the total B2B sales value, in 2020 and in 2021 they have attracted increased attention from global buyers.
  • This report is a snapshot of the global B2B E-Commerce market with a focus on B2B E-Commerce marketplaces.

ZALL Makes Headway in Global Digital Trade with New Strategic Rebrand

Retrieved on: 
Friday, July 16, 2021

SINGAPORE, July 16, 2021 - (ACN Newswire) - ZALL Smart Commerce Group (ZALL), Asia's largest B2B e-commerce group, looks to become the world's leading global digital trade platform with its new strategic rebrand.

Key Points: 
  • SINGAPORE, July 16, 2021 - (ACN Newswire) - ZALL Smart Commerce Group (ZALL), Asia's largest B2B e-commerce group, looks to become the world's leading global digital trade platform with its new strategic rebrand.
  • With the strategic rebrand, ZALL aims to create value through its global intelligent services across B2B transactions, supply chain services and digital cloud services, transforming industrial value chains across the region and enabling businesses to improve overall efficiency.
  • It is a major achievement for the teams as it highlights ZALL's dedication towards transforming global trade and supply chains since its strategic rebrand.
  • CIC aims to revolutionise commodity trading and facilitate cross-border trade through deal matching, trade finance, supply chain logistics, track and trace and global trade compliance.

Global B2B Marketplaces Market Snapshot Report 2021 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, July 14, 2021

The "Global B2B Marketplaces Market 2021" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global B2B Marketplaces Market 2021" report has been added to ResearchAndMarkets.com's offering.
  • Global B2B Marketplaces Market 2021" provides insights into the current state and future trends of business-to-business marketplaces industry across the globe.
  • Despite the fact that B2B marketplaces currently do not make up a large share in the total B2B sales value, in 2020 and in 2021 they have attracted increased attention from global buyers.
  • This report is a snapshot of the global B2B E-Commerce market with a focus on B2B E-Commerce marketplaces.

Amidst Accelerated Demand For Its Solution, Thirstie Onboards Industry Leaders To Dominate The Future Of Alcohol E-Commerce

Retrieved on: 
Tuesday, June 29, 2021

As accelerated adoption of Thirstie's e-commerce platform for retailers and alcohol brands continues, the company has generated substantial growth.

Key Points: 
  • As accelerated adoption of Thirstie's e-commerce platform for retailers and alcohol brands continues, the company has generated substantial growth.
  • "Our goal is to help grow and scale these companies while changing the course of the alcohol industry.
  • "Thirstie is defining what B2B E-Commerce means within a highly regulated industry and I am confident they will continue to not only be innovators, but industry leaders."
  • Thirstie helps brands to power consumer on-line transactions within an industry three-tier system complaint platform through a robust API and expansive retail network.