B2B E-commerce Market 2020-2030 by Business Model, Industry Vertical, Payment Method, Platform Type, Enterprise Size, and Region: Trend Forecast and Growth Opportunity
- Report ID: 3503
- Date: Sep, 2021
- Pages: 172
- Category: BFSI
Global B2B E-commerce market will reach $51.23 trillion by 2030, growing by 14.4% annually over 2020-2030 driven by the growing trend of shifting to digital transactions among enterprises.
Highlighted with 83 tables and 84 figures, this 172-page report “Global B2B E-commerce Market 2020-2030 by Business Model, Industry Vertical, Payment Method, Platform Type, Enterprise Size, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global B2B E-commerce market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain.
The report is based on studies on 2015-2019 and provides forecast from 2020 till 2030 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global B2B E-commerce market in every aspect of the classification from perspectives of Business Model, Industry Vertical, Payment Method, Platform Type, Enterprise Size, and Region.
Based on Business Model, the global market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.
• Supplier Oriented E-commerce
• Buyer Oriented E-Commerce
• Intermediary Oriented E-commerce
Based on Industry Vertical, the global market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.
• Consumer Electronics
• Apparels and Footwear
• General Industrial Goods
• Healthcare
• Home Appliances and Furniture
• Beauty and Fashion
• Automotive Parts
• Other Industry Verticals
Based on Payment Method, the global market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.
• Net Banking
• Credit Card
• Debit Card
• e-Wallet
• Other Payment Methods
Based on Platform Type, the global market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.
• On-Premise B2B
• Cloud B2B
Based on Enterprise Size, the global market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.
• Small & Medium Enterprises (SMEs)
• Large Enterprises
Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• RoW (Saudi Arabia, UAE, South Africa)
For each aforementioned region and country, detailed analysis and data for annual revenue are available for 2019-2030. The breakdown of all regional markets by country and split of key national markets by Business Model, Industry Vertical, and Enterprise Size over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in global B2B E-commerce market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
Key Players (this may not be a complete list and extra companies can be added upon request):
Alibaba Group Holding Ltd
Amazon.com, Inc.
B2W Companhia Digital
ChinaAseanTrade.com
DIYTrade.com
eBay Inc
EC21 Inc
eworldtrade.com
Flexfire LEDs
Flipkart Online Services Pvt. Ltd.
IndiaMart InterMesh Ltd
KellySearch.com
KOMPASS
Magento Inc
Mercateo AG
Newegg Business Inc
PayPal Holdings Inc
PT Bhinneka Mentari Dimensi
ThomasNet Inc
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1.1 Industry Definition and Research Scope 8
1.1.1 Industry Definition 8
1.1.2 Research Scope 9
1.2 Research Methodology 12
1.2.1 Overview of Market Research Methodology 12
1.2.2 Market Assumption 13
1.2.3 Secondary Data 13
1.2.4 Primary Data 13
1.2.5 Data Filtration and Model Design 15
1.2.6 Market Size/Share Estimation 16
1.2.7 Research Limitations 17
1.3 Executive Summary 18
2 Market Overview and Dynamics 21
2.1 Market Size and Forecast 21
2.1.1 Impact of COVID-19 on the Market 22
2.2 Major Growth Drivers 24
2.3 Market Restraints and Challenges 27
2.4 Emerging Opportunities and Market Trends 30
2.5 Porter’s Fiver Forces Analysis 34
3 Segmentation of Global Market by Business Model 38
3.1 Market Overview by Business Model 38
3.2 Supplier Oriented E-commerce 40
3.3 Buyer Oriented E-Commerce 42
3.4 Intermediary Oriented E-commerce 44
4 Segmentation of Global Market by Industry Vertical 46
4.1 Market Overview by Industry Vertical 46
4.2 Consumer Electronics 48
4.3 Apparels and Footwear 49
4.4 General Industrial Goods 50
4.5 Healthcare 51
4.6 Home Appliances and Furniture 52
4.7 Beauty and Fashion 53
4.8 Automotive Parts 54
4.9 Other Industry Verticals 55
5 Segmentation of Global Market by Payment Method 56
5.1 Market Overview by Payment Method 56
5.2 Net Banking 58
5.3 Credit Card 59
5.4 Debit Card 60
5.5 e-Wallet 61
5.6 Other Payment Methods 62
6 Segmentation of Global Market by Platform Type 63
6.1 Market Overview by Platform Type 63
6.2 On-Premise B2B 65
6.3 Cloud B2B 66
7 Segmentation of Global Market by Enterprise Size 67
7.1 Market Overview by Enterprise Size 67
7.2 Small & Medium Enterprises (SMEs) 69
7.3 Large Enterprises 70
8 Segmentation of Global Market by Region 71
8.1 Geographic Market Overview 2019-2030 71
8.2 North America Market 2019-2030 by Country 75
8.2.1 Overview of North America Market 75
8.2.2 U.S. 79
8.2.3 Canada 83
8.2.4 Mexico 85
8.3 European Market 2019-2030 by Country 87
8.3.1 Overview of European Market 87
8.3.2 Germany 91
8.3.3 UK 93
8.3.4 France 95
8.3.5 Spain 97
8.3.6 Italy 99
8.3.7 Russia 101
8.3.8 Rest of European Market 103
8.4 Asia-Pacific Market 2019-2030 by Country 105
8.4.1 Overview of Asia-Pacific Market 105
8.4.2 Japan 109
8.4.3 China 112
8.4.4 Australia 114
8.4.5 India 116
8.4.6 South Korea 118
8.4.7 Rest of APAC Region 120
8.5 South America Market 2019-2030 by Country 122
8.5.1 Argentina 125
8.5.2 Brazil 127
8.5.3 Chile 129
8.5.4 Rest of South America Market 131
8.6 MEA Market 2019-2030 by Country 132
8.6.1 UAE 135
8.6.2 Saudi Arabia 137
8.6.3 South Africa 139
8.6.4 Other National Markets 141
9 Competitive Landscape 142
9.1 Overview of Key Vendors 142
9.2 New Product Launch, Partnership, Investment, and M&A 145
9.3 Company Profiles 146
Alibaba Group Holding Ltd 146
Amazon.com, Inc. 148
B2W Companhia Digital 149
ChinaAseanTrade.com 150
DIYTrade.com 151
eBay Inc 152
EC21 Inc 153
eworldtrade.com 154
Flexfire LEDs 155
Flipkart Online Services Pvt. Ltd. 156
IndiaMart InterMesh Ltd 157
KellySearch.com 158
KOMPASS 159
Magento Inc 160
Mercateo AG 161
Newegg Business Inc 162
PayPal Holdings Inc 163
PT Bhinneka Mentari Dimensi 164
ThomasNet Inc 165
10 Investing in Global Market: Risk Assessment and Management 166
10.1 Risk Evaluation of Global Market 166
10.2 Critical Success Factors (CSFs) 169
Related Reports and Products 172
List of Tables
Table 1. Snapshot of Global B2B E-commerce Market, 2019-2030 19Table 2. Main Product Trends and Market Opportunities in Global B2B E-commerce Market 30
Table 3. Global B2B E-commerce Market by Business Model, 2019-2030, $ bn 38
Table 4. Global B2B E-commerce Market by Industry Vertical, 2019-2030, $ bn 46
Table 5. Global B2B E-commerce Market by Payment Method, 2019-2030, $ bn 56
Table 6. Global B2B E-commerce Market by Platform Type, 2019-2030, $ bn 63
Table 7. Global B2B E-commerce Market by Enterprise Size, 2019-2030, $ bn 67
Table 8. Global B2B E-commerce Market by Region, 2019-2030, $ bn 72
Table 9. Leading National B2B E-commerce Market, 2019 and 2030, $ bn 74
Table 10. North America B2B E-commerce Market by Country, 2019-2030, $ bn 77
Table 11. U.S. B2B E-commerce Market by Business Model, 2019-2030, $ bn 81
Table 12. U.S. B2B E-commerce Market by Industry Vertical, 2019-2030, $ bn 81
Table 13. U.S. B2B E-commerce Market by Enterprise Size, 2019-2030, $ bn 81
Table 14. Canada B2B E-commerce Market by Business Model, 2019-2030, $ bn 84
Table 15. Canada B2B E-commerce Market by Industry Vertical, 2019-2030, $ bn 84
Table 16. Canada B2B E-commerce Market by Enterprise Size, 2019-2030, $ bn 84
Table 17. Mexico B2B E-commerce Market by Business Model, 2019-2030, $ bn 86
Table 18. Mexico B2B E-commerce Market by Industry Vertical, 2019-2030, $ bn 86
Table 19. Mexico B2B E-commerce Market by Enterprise Size, 2019-2030, $ bn 86
Table 20. Europe B2B E-commerce Market by Country, 2019-2030, $ bn 90
Table 21. Germany B2B E-commerce Market by Business Model, 2019-2030, $ bn 92
Table 22. Germany B2B E-commerce Market by Industry Vertical, 2019-2030, $ bn 92
Table 23. Germany B2B E-commerce Market by Enterprise Size, 2019-2030, $ bn 92
Table 24. UK B2B E-commerce Market by Business Model, 2019-2030, $ bn 94
Table 25. UK B2B E-commerce Market by Industry Vertical, 2019-2030, $ bn 94
Table 26. UK B2B E-commerce Market by Enterprise Size, 2019-2030, $ bn 94
Table 27. France B2B E-commerce Market by Business Model, 2019-2030, $ bn 96
Table 28. France B2B E-commerce Market by Industry Vertical, 2019-2030, $ bn 96
Table 29. France B2B E-commerce Market by Enterprise Size, 2019-2030, $ bn 96
Table 30. Spain B2B E-commerce Market by Business Model, 2019-2030, $ bn 98
Table 31. Spain B2B E-commerce Market by Industry Vertical, 2019-2030, $ bn 98
Table 32. Spain B2B E-commerce Market by Enterprise Size, 2019-2030, $ bn 98
Table 33. Italy B2B E-commerce Market by Business Model, 2019-2030, $ bn 100
Table 34. Italy B2B E-commerce Market by Industry Vertical, 2019-2030, $ bn 100
Table 35. Italy B2B E-commerce Market by Enterprise Size, 2019-2030, $ bn 100
Table 36. Russia B2B E-commerce Market by Business Model, 2019-2030, $ bn 102
Table 37. Russia B2B E-commerce Market by Industry Vertical, 2019-2030, $ bn 102
Table 38. Russia B2B E-commerce Market by Enterprise Size, 2019-2030, $ bn 102
Table 39. B2B E-commerce Market in Rest of Europe by Country, 2019-2030, $ bn 104
Table 40. APAC B2B E-commerce Market by Country, 2019-2030, $ bn 107
Table 41. Japan B2B E-commerce Market by Business Model, 2019-2030, $ bn 111
Table 42. Japan B2B E-commerce Market by Industry Vertical, 2019-2030, $ bn 111
Table 43. Japan B2B E-commerce Market by Enterprise Size, 2019-2030, $ bn 111
Table 44. China B2B E-commerce Market by Business Model, 2019-2030, $ bn 113
Table 45. China B2B E-commerce Market by Industry Vertical, 2019-2030, $ bn 113
Table 46. China B2B E-commerce Market by Enterprise Size, 2019-2030, $ bn 113
Table 47. Australia B2B E-commerce Market by Business Model, 2019-2030, $ bn 115
Table 48. Australia B2B E-commerce Market by Industry Vertical, 2019-2030, $ bn 115
Table 49. Australia B2B E-commerce Market by Enterprise Size, 2019-2030, $ bn 115
Table 50. India B2B E-commerce Market by C Business Model, 2019-2030, $ bn 117
Table 51. India B2B E-commerce Market by Industry Vertical, 2019-2030, $ bn 117
Table 52. India B2B E-commerce Market by Enterprise Size, 2019-2030, $ bn 117
Table 53. South Korea B2B E-commerce Market by Business Model, 2019-2030, $ bn 119
Table 54. South Korea B2B E-commerce Market by Industry Vertical, 2019-2030, $ bn 119
Table 55. South Korea B2B E-commerce Market by Enterprise Size, 2019-2030, $ bn 119
Table 56. B2B E-commerce Market in Rest of APAC by Country, 2019-2030, $ bn 121
Table 57. South America B2B E-commerce Market by Country, 2019-2030, $ bn 124
Table 58. Argentina B2B E-commerce Market by Business Model, 2019-2030, $ bn 126
Table 59. Argentina B2B E-commerce Market by Industry Vertical, 2019-2030, $ bn 126
Table 60. Argentina B2B E-commerce Market by Enterprise Size, 2019-2030, $ bn 126
Table 61. Brazil B2B E-commerce Market by Business Model, 2019-2030, $ bn 128
Table 62. Brazil B2B E-commerce Market by Industry Vertical, 2019-2030, $ bn 128
Table 63. Brazil B2B E-commerce Market by Enterprise Size, 2019-2030, $ bn 128
Table 64. Chile B2B E-commerce Market by Business Model, 2019-2030, $ bn 130
Table 65. Chile B2B E-commerce Market by Industry Vertical, 2019-2030, $ bn 130
Table 66. Chile B2B E-commerce Market by Enterprise Size, 2019-2030, $ bn 130
Table 67. MEA B2B E-commerce Market by Country, 2019-2030, $ bn 134
Table 68. UAE B2B E-commerce Market by Business Model, 2019-2030, $ bn 136
Table 69. UAE B2B E-commerce Market by Industry Vertical, 2019-2030, $ bn 136
Table 70. UAE B2B E-commerce Market by Enterprise Size, 2019-2030, $ bn 136
Table 71. Saudi Arabia B2B E-commerce Market by Business Model, 2019-2030, $ bn 138
Table 72. Saudi Arabia B2B E-commerce Market by Industry Vertical, 2019-2030, $ bn 138
Table 73. Saudi Arabia B2B E-commerce Market by Enterprise Size, 2019-2030, $ bn 138
Table 74. South Africa B2B E-commerce Market by Business Model, 2019-2030, $ bn 140
Table 75. South Africa B2B E-commerce Market by Industry Vertical, 2019-2030, $ bn 140
Table 76. South Africa B2B E-commerce Market by Enterprise Size, 2019-2030, $ bn 140
Table 77. Alibaba Group Holding Ltd: Company Snapshot 146
Table 78. Alibaba Group Holding Ltd: Business Segmentation 146
Table 79. Alibaba Group Holding Ltd: Product Portfolio 147
Table 80. Alibaba Group Holding Ltd: Revenue, 2016-2018, $ bn 147
Table 81. Alibaba Group Holding Ltd: Recent Developments 147
Table 82. Risk Evaluation for Investing in Global Market, 2019-2030 167
Table 83. Critical Success Factors and Key Takeaways 170
List of Figures
Figure 1. Research Method Flow Chart 12Figure 2. Breakdown of Primary Research 14
Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation 16
Figure 4. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2030 18
Figure 5. Global B2B E-commerce Market, 2019-2030, $ bn 21
Figure 6. Primary Drivers and Impact Factors of Global B2B E-commerce Market 24
Figure 7. Primary Restraints and Impact Factors of Global B2B E-commerce Market 27
Figure 8. Investment Opportunity Analysis 31
Figure 9. Porter’s Fiver Forces Analysis of Global B2B E-commerce Market 34
Figure 10. Breakdown of Global B2B E-commerce Market by Business Model, 2019-2030, % of Revenue 39
Figure 11. Global Addressable Market Cap in 2020-2030 by Business Model, Value ($ bn) and Share (%) 39
Figure 12. Global B2B E-commerce Market: Supplier Oriented E-commerce, 2019-2030, $ bn 40
Figure 13. Model Analysis of Supplier-Oriented Marketplace 41
Figure 14. Global B2B E-commerce Market: Buyer Oriented E-Commerce, 2019-2030, $ bn 42
Figure 15. Model Analysis of Buyer-Oriented Marketplace 43
Figure 16. Global B2B E-commerce Market: Intermediary Oriented E-commerce, 2019-2030, $ bn 44
Figure 17. Model Analysis of Intermediary-Oriented Marketplace 45
Figure 18. Breakdown of Global B2B E-commerce Market by Industry Vertical, 2019-2030, % of Sales Revenue 47
Figure 19. Global Addressable Market Cap in 2020-2030 by Industry Vertical, Value ($ bn) and Share (%) 47
Figure 20. Global B2B E-commerce Market: Consumer Electronics, 2019-2030, $ bn 48
Figure 21. Global B2B E-commerce Market: Apparels and Footwear, 2019-2030, $ bn 49
Figure 22. Global B2B E-commerce Market: General Industrial Goods, 2019-2030, $ bn 50
Figure 23. Global B2B E-commerce Market: Healthcare, 2019-2030, $ bn 51
Figure 24. Global B2B E-commerce Market: Home Appliances and Furniture, 2019-2030, $ bn 52
Figure 25. Global B2B E-commerce Market: Beauty and Fashion, 2019-2030, $ bn 53
Figure 26. Global B2B E-commerce Market: Automotive Parts, 2019-2030, $ bn 54
Figure 27. Global B2B E-commerce Market: Other Industry Verticals, 2019-2030, $ bn 55
Figure 28. Breakdown of Global B2B E-commerce Market by Payment Method, 2019-2030, % of Sales Revenue 57
Figure 29. Global Addressable Market Cap in 2020-2030 by Payment Method, Value ($ bn) and Share (%) 57
Figure 30. Global B2B E-commerce Market: Net Banking, 2019-2030, $ bn 58
Figure 31. Global B2B E-commerce Market: Credit Card, 2019-2030, $ bn 59
Figure 32. Global B2B E-commerce Market: Debit Card, 2019-2030, $ bn 60
Figure 33. Global B2B E-commerce Market: e-Wallet, 2019-2030, $ bn 61
Figure 34. Global B2B E-commerce Market: Other Payment Methods, 2019-2030, $ bn 62
Figure 35. Breakdown of Global B2B E-commerce Market by Platform Type, 2019-2030, % of Revenue 64
Figure 36. Global Addressable Market Cap in 2020-2030 by Platform Type, Value ($ bn) and Share (%) 64
Figure 37. Global B2B E-commerce Market: On-Premise B2B, 2019-2030, $ bn 65
Figure 38. Global B2B E-commerce Market: Cloud B2B, 2019-2030, $ bn 66
Figure 39. Breakdown of Global B2B E-commerce Market by Enterprise Size, 2019-2030, % of Revenue 68
Figure 40. Global Addressable Market Cap in 2020-2030 by Enterprise Size, Value ($ bn) and Share (%) 68
Figure 41. Global B2B E-commerce Market: Small & Medium Enterprises (SMEs), 2019-2030, $ bn 69
Figure 42. Global B2B E-commerce Market: Large Enterprises, 2019-2030, $ bn 70
Figure 43. Global Market Snapshot by Region 71
Figure 44. Geographic Spread of Worldwide B2B E-commerce Market, 2019-2030, % of Sales Revenue 72
Figure 45. Global Addressable Market Cap in 2020-2030 by Region, Value ($ bn) and Share (%) 73
Figure 46. North American B2B E-commerce Market, 2019-2030, $ bn 76
Figure 47. Breakdown of North America B2B E-commerce Market by Country, 2019 and 2030, % of Revenue 77
Figure 48. Contribution to North America 2020-2030 Cumulative Revenue by Country, Value ($ bn) and Share (%) 78
Figure 49. U.S. B2B E-commerce Market, 2019-2030, $ bn 80
Figure 50. Canada B2B E-commerce Market, 2019-2030, $ bn 83
Figure 51. B2B E-commerce Market in Mexico, 2015-2030, $ bn 85
Figure 52. European B2B E-commerce Market, 2019-2030, $ bn 88
Figure 53. Breakdown of European B2B E-commerce Market by Country, 2019 and 2030, % of Revenue 89
Figure 54. Contribution to Europe 2020-2030 Cumulative Revenue by Country, Value ($ bn) and Share (%) 90
Figure 55. B2B E-commerce Market in Germany, 2019-2030, $ bn 91
Figure 56. B2B E-commerce Market in UK, 2019-2030, $ bn 93
Figure 57. B2B E-commerce Market in France, 2019-2030, $ bn 95
Figure 58. B2B E-commerce Market in Spain, 2019-2030, $ bn 97
Figure 59. B2B E-commerce Market in Italy, 2019-2030, $ bn 99
Figure 60. B2B E-commerce Market in Russia, 2019-2030, $ bn 101
Figure 61. B2B E-commerce Market in Rest of Europe, 2019-2030, $ bn 103
Figure 62. Asia-Pacific B2B E-commerce Market, 2019-2030, $ bn 106
Figure 63. Breakdown of APAC B2B E-commerce Market by Country, 2019 and 2030, % of Revenue 106
Figure 64. Contribution to APAC 2020-2030 Cumulative Revenue by Country, Value ($ bn) and Share (%) 108
Figure 65. B2B E-commerce Market in Japan, 2019-2030, $ bn 110
Figure 66. B2B E-commerce Market in China, 2019-2030, $ bn 112
Figure 67. B2B E-commerce Market in Australia, 2019-2030, $ bn 114
Figure 68. B2B E-commerce Market in India, 2019-2030, $ bn 116
Figure 69. B2B E-commerce Market in South Korea, 2019-2030, $ bn 118
Figure 70. B2B E-commerce Market in Rest of APAC, 2019-2030, $ bn 120
Figure 71. South America B2B E-commerce Market, 2019-2030, $ bn 123
Figure 72. Breakdown of South America B2B E-commerce Market by Country, 2019 and 2030, % of Revenue 123
Figure 73. Contribution to South America 2020-2030 Cumulative Revenue by Country, Value ($ bn) and Share (%) 124
Figure 74. B2B E-commerce Market in Argentina, 2019-2030, $ bn 125
Figure 75. B2B E-commerce Market in Brazil, 2019-2030, $ bn 127
Figure 76. B2B E-commerce Market in Chile, 2019-2030, $ bn 129
Figure 77. B2B E-commerce Market in Rest of South America, 2019-2030, $ bn 131
Figure 78. B2B E-commerce Market in Middle East and Africa (MEA), 2019-2030, $ bn 133
Figure 79. Breakdown of MEA B2B E-commerce Market by Country, 2019 and 2030, % of Revenue 133
Figure 80. Contribution to MEA 2020-2030 Cumulative Revenue by Country, Value ($ bn) and Share (%) 134
Figure 81. B2B E-commerce Market in UAE, 2019-2030, $ bn 135
Figure 82. B2B E-commerce Market in Saudi Arabia, 2019-2030, $ bn 137
Figure 83. B2B E-commerce Market in South Africa, 2019-2030, $ bn 139
Figure 84. Growth Stage of Global B2B E-commerce Industry over the Forecast Period 142
Research methodology is mainly referring to the practical how of any offered piece of research. More specifically, it’s all about how a researcher systematically designs a study in order to assure extremely valid as well as reliable results that ultimately address the targets and objectives of the research.
In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.
This research methodology has been segmented into following types:
Primary Research:
It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.
Secondary Research:
The secondary research is the data that has already been collected by various other researchers in the form of government analysis or scientific studies.
Qualitative Research:
It is descriptive and subjective method irrespective of facts. Both observation and description are essential in this type of research methodology. Its main vision is to analyze knowledge, attitudes, behaviours as well as opinions of people related to the topic of any research. This method has been operated through grounded research, case study and actionable research.
Quantitative Research:
It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.
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