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Posted by Andy Hoar on October 18, 2012
Today Forrester is releasing a report entitled “Key Trends in B2B eCommerce for 2013” that, for the first time in over 10 years, sizes the US business-to-business (B2B) eCommerce market in the US. Forrester estimates that by the end of 2013, customer-facing front-end B2B eCommerce will reach $559 billion. This figure includes transactions placed online (independent of whether payment is taken online or not), but does exclude EDI-based commerce.
By comparison, US B2C eCommerce will be a $252B market--which would make B2B eCommerce fully twice the size of B2C eCommerce. In addition to sizing the US B2B eCommerce market, “Key Trends in B2B eCommerce for 2013” explores three important trends in B2B eCommerce for the coming year:
At$559 billion in sales placed over the Web, US B2B eCommerce has proven that eCommerce is no longer just the province of B2C companies. But perhaps the most important endorsement of the potential inherent in the space is the fact that B2C giants like Amazon are now moving in.