Published on : Aug 29, 2017
Albany, New York, August 29, 2017: Presently, E-commerce is transforming B2B commerce. Many organizations could benefit greatly from adoption of a B2B e-commerce platform. With a prime focus on U.K. e-commerce market, a study titled “U.K. B2B E-Commerce - August 2017” has been publicized to the online repository of Market Research Hub (MRH). The research forecasts market growth and estimates market size, while considering the total UK e-commerce market, 2012-16 and comparison of the B2B and B2C e-commerce market.
According to the study findings, E-commerce is set to boom with U.K. businesses looking to increase their online investment. The e-commerce market is testified to account for 17% of all business, with EDI accounting for 9.8% and 7.2% resulting from website sales. The report further presents analysis of the total UK e-commerce market, by type of sale, 2012-16. By type of sales, the report considers major sectors such as Construction, Manufacturing, Utilities, Retailing, Wholesaling, Accommodation and food, Transport, Information and Communication, and other services.
Initially, the report starts by defining the market overview, including key factors, leading companies performance, key insights towards e-commerce activity. Some businesses primarily serve other businesses instead of consumers, and business-to-business (B2B) e-commerce has become an increasingly important means of providing that service, B2B e-commerce allows for customized profiles, which upon logging in, provide customers with recommended products, click-of-a-button re-ordering, and contract renewal options.
The research also focuses on the U.K. economy, which highlights forecast GDP development for the period 2017 to 2021. This section also describes that how the decision to exit the EU will affect the market. Developing a B2B e-commerce offering is already a priority for B2B organizations in the U.K. At present, key market factors are rise in internet access and usage, business web sites, Advertising, and use of social media. The report also finds that the website share of all business is growing while the share accounted for by EDI is declining, reflecting the nature of business conducted through the media. There remains extensive potential for the overall growth of e-commerce and huge disparities in use between industries, with larger companies generally more likely to conduct e-commerce activity.
Overall industry structure is then analyzed by industry development, structure by turnover and employment. Furthermore, the study presents detailed competitive landscape of the market by profiling the leading companies operating in this market, such as Alibaba Group Holding, Dell Corporation, Electrocomponents, Ebuyer (UK), Amazon/Amazon Business, Orbital Fasteners Holdings, Office Depot, Screwfix Direct.
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