B2B Ecommerce Expected to Increase in 2021
According to the Digital Commerce 360 Research & Data report 2021 there has been a major shift in the way business buys acquire goods and services for their companies, especially since the global pandemic started.
As per the findings of the report, 61% of B2B sellers are becoming comfortable with the idea of investing in ecommerce. Whereas, 86% of the B2B sellers anticipate a boost in B2B ecommerce trends and revenue in 2021.
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The global B2B eCommerce revenue is predicted to increase at an annual growth rate of 17.5% between 2020 and 2027. This upward tendency results from the movement of consumers from brick and mortar stores to online platforms in recent years.