Snapshot of Latin America's B2B E-Commerce Marketplaces 2024

Snapshot of Latin America's B2B E-Commerce Marketplaces 2024: By 2024, 80% of B2B transactions in Latin America are expected to occur online, according to insights from yStats.com.

Latin American B2B Marketplaces Drive Digitalization: Tech Progress and Market Growth

B2B E-Commerce in Latin America is set for major growth, with online transactions expected to lead by 2024. AI and automation are accelerating digital transactions, with platforms like BEES offering advanced tools for inventory and order management. Over 30% of millennial buyers now prefer digital interactions. Companies like Infracommerce are improving efficiency to meet modern buyer expectations.

B2B Marketplaces Strengthen SMEs in Latin America

B2B platforms are opening new markets and improving operations for SMEs. For example, Sooper, a Brazilian marketplace, provides credit and next-day delivery, helping SMEs manage inventory and cut costs.

Players: Challenges and Growth Potential

Although there are challenges such as economic volatility and infrastructure limitations, innovation continues to drive progress. Investments from companies like ABSeed and NXTP are fueling the development of digital marketplace solutions. Platforms like Meru and Zax.com are expanding, highlighting the region's potential for continued digital growth.