Online B2B sales are growing rapidly at home and overseas. Scalability of cloud platforms, constant mobile access, and the changing demographics of B2B buyers will accelerate the move to e-commerce. As industry, logistics, and warehousing become automated, purchasing will be expected to keep pace. For many B2B businesses, overseas markets have become essential for growth.
Forrester Research predicts that US online B2B sales will increase from 855 billion in 2016 to 1.1 trillion by 2020.
Frost & Sullivan predicts the global B2B online market will be twice the size of the online B2C market by 2020, with a projected $6.7 trillion in revenues.
