The Global B-to-B E-Commerce Market Will Reach 6.7 Trillion USD by 2020, Finds Frost & Sullivan

Business-to-business online retailing has been witnessing strong growth due to the rapid migration of manufacturers and wholesalers from legacy systems to open, online platforms. As legacy systems involve the use of electronic data interchange, which is expensive and cumbersome to handle, B-to-B models will continue to move towards ubiquitous online platforms that allow buyers and sellers from anywhere in the world to transact goods and services with ease.