The global B2B services review platforms market was valued at around USD 248 million in 2022, with a CAGR of 13.8% for the next ten years. The market is likely to reach a valuation of USD 1,016.6 million by the end of 2033. Further, the increasing user penetration of the Internet and the development of devices compatible with the Internet is driving the B2B services review platform market.
| Report Attributes | Details |
|---|---|
| B2B Services Review Platforms Market (2022A) | USD 248 million |
| Estimated Market Value (2023E) | USD 278.3 million |
| Forecasted Market Value (2033F) | USD 1,016.6 million |
| Global Market Growth Rate (2023 to 2033) | 13.8% CAGR |
| The United States Market Share (2022) | 16.5% |
| Key Companies Covered | Agency Vista; Clutch; Agency Spotter; UpCity; HubSpot Agency Directory; G2.com; GoodFirms; Sortlist; CrowdReviews; Procurated; Serv B2B Marketplace; Techreviewer; TheManifest; Reputedfirms; Capterra |
Future Market Insights’ analysis reveals that most of the market revenue has grossed from the cloud-based type of B2B services review platforms. On the other hand, the large enterprises segment is projected to be the most significant with a 13% CAGR in a decade starting in 2023.
The global market for B2B services review platforms marked a CAGR of 13.8% over the last seven years. In 2022, the global market size of B2B services review platforms was valued at USD 248 million and is estimated to reach a valuation of USD 278.3 million in 2023. B2B services review platforms provide an authentic and valid review for business-to-business operations.
The number of users of smartphones and the internet has increased intrinsically over the years, which helped the users to review any kind of product or service easily, which is fueling the growth of the B2B services review platforms market.
Customers nowadays largely rely on reviews and comments to buy a product or avail of a solution from previous users who already have availed of the product or the services. Thus, the B2B services review platform plays a crucial role in deciding consumer behavior toward any type of product or service, which is expected to fuel market expansion in the coming years.
The global B2B services review platforms market is predicted to mark a CAGR of 13.8% and sales worth USD 1,016.6 million by the end of 2033. The United States is projected to continue to be the leading procurer of B2B services review platforms throughout the analysis period accounting for over USD 222.8 million absolute dollar opportunity in the coming 10-year-epoch.
The need for service providers to expand their business and presence in the market is driving the demand for B2B service review platforms. A trusted and verified review of their services and solutions is going to help the enterprises to choose the right service and solution that is projected to fit perfectly in their business model.
Businesses of any size including small, medium, and large enterprises are using B2B services review platforms for branding and spreading their services and solutions. These factors are expected to drive the B2B services review platforms market over the forecasted years.
| Region | North America |
|---|---|
| Market Share % (2022) | 28.8% |
The B2B services review platform market in North America was valued at around USD 79.6 million in 2022 and is estimated to reach a valuation of USD 100.2 million in 2023. The significant technological advancement and adoption of new technology is the key factor that is driving the market in North America. The B2B services review platform has anticipated reaching a valuation of USD 360.7 million over the forecast period.
| Countries | Market CAGR % (2023 to 2033) |
|---|---|
| China | 15.5% |
| India | 16.5% |
The market in Asia Pacific has anticipated to grow at a notable rate over the forecast period. The B2B services review platforms market in Asia Pacific was valued at around USD 47.7 million in 2022 and is estimated to reach a valuation of more than USD 60.1 million in 2023.
Technological developments in design-related technologies, internet marketing, and promotion, and technology-based solutions are the key factors driving the market in the region.
China holds a significant proportion of the market in the Asia Pacific region. The B2B services review platforms market in China was valued at above USD 16.1 million in 2022 and is estimated to reach a valuation of more than USD 19.8 million in 2023.
According to the China Network Information Centre (CNNIC), there are about 900 million internet users in China with 30.8 hours of average internet usage. The B2B services review platforms market in China is anticipated to reach a valuation of more than USD 67.8 million by the end of the forecast period. Additionally, the market in China is expected to create an absolute dollar opportunity of more than USD 48 million over the 2023 to 2033 period.
| Region | CAGR |
|---|---|
| Europe’s Market Share % (2022) | 21.3% |
| Germany’s Market Share % (2022) | 7.6% |
| The United Kingdom’s Forecast CAGR % | 12.3% |
The B2B services review platforms market in Europe is anticipated to expand at a modest rate over the forecast period. The market in Europe was valued at more than USD 49.5 million in 2022 and is anticipated to be valued at more than USD 224.1 million by the end of 2033.
The B2B services review platforms market in the United Kingdom was valued at around USD 9.3 million in 2022. According to research, every one in three SMEs in Britain showed sales increase due to customer reviews.
Some of the SMEs state that they have been using software solutions to collect reviews. This has been the key driver for market expansion in the United Kingdom. The B2B service review platforms market in the United Kingdom is forecasted to reach a valuation of more than USD 37.2 million by the end of 2033.
The United Kingdom market for B2B services review platforms is expected to create an absolute dollar opportunity of more than USD 25.9 million over the 2023 to 2033 period.
| Country | The United States |
|---|---|
| Market Share % (2022) | 16.5% |
The market in the United States was valued at more than USD 70.4 million in 2022 and is estimated to reach a valuation of USD 88.1 million in 2023. The market in the United States is likely to reach a valuation of more than USD 310.9 million by the end of the forecast period. Moreover, the significant advancement in technology and its fast adoption is the key factor driving the market in the country.
| Segment | Large Enterprises |
|---|---|
| Market Share % (2022) | 61.2% |
The B2B services review platforms make it simple for businesses and customers to gather useful information about the solutions and services through verified trusted reviews on the platform. Enterprises need to adopt the latest technology-based solutions and implement them in their business process.
The B2B services review platforms assist companies to find, acquire and manage technological solutions, which help the enterprises to achieve their financial objectives and improve their client and business relationship. The B2B services review platforms offer real-time user reviews, which encourage enterprises to make better choices. Moreover, the large enterprise segment accounted for a CAGR of 26.6% from 2018 to 2022.
The SMEs segment is anticipated to expand at a notable rate over the forecast period. The rising number of SMEs around the world is the key factor driving revenue growth through SMEs. Also, the B2B services review helps the SMEs to bring technological advances and upgrades in their existing solutions and offerings, which is driving the demand for B2B services, and review platforms among the SMEs.
The key companies operating in the B2B services review platforms market include Agency Vista, Clutch, Agency Spotter, UpCity, HubSpot Agency Directory, G2.com, GoodFirms, Sortlist, CrowdReviews, Procurated, Serv B2B Marketplace, Techreviewer, TheManifest, Reputedfirms, and Capterra.
Recent Developments by Key Providers of B2B Services Review Platforms:
Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033
Table 2: Global Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 3: Global Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 4: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 5: North America Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 6: North America Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 7: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 8: Latin America Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 9: Latin America Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 10: Western Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 11: Western Europe Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 12: Western Europe Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 13: Eastern Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 14: Eastern Europe Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 15: Eastern Europe Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 16: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 17: South Asia and Pacific Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 18: South Asia and Pacific Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 19: East Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 20: East Asia Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 21: East Asia Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 22: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 23: Middle East and Africa Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 24: Middle East and Africa Market Value (US$ Million) Forecast by Application, 2018 to 2033
Figure 1: Global Market Value (US$ Million) by Type, 2023 to 2033
Figure 2: Global Market Value (US$ Million) by Application, 2023 to 2033
Figure 3: Global Market Value (US$ Million) by Region, 2023 to 2033
Figure 4: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033
Figure 5: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 6: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 7: Global Market Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 8: Global Market Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 9: Global Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 10: Global Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 11: Global Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 12: Global Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 13: Global Market Attractiveness by Type, 2023 to 2033
Figure 14: Global Market Attractiveness by Application, 2023 to 2033
Figure 15: Global Market Attractiveness by Region, 2023 to 2033
Figure 16: North America Market Value (US$ Million) by Type, 2023 to 2033
Figure 17: North America Market Value (US$ Million) by Application, 2023 to 2033
Figure 18: North America Market Value (US$ Million) by Country, 2023 to 2033
Figure 19: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 20: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 21: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 22: North America Market Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 23: North America Market Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 24: North America Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 25: North America Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 26: North America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 27: North America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 28: North America Market Attractiveness by Type, 2023 to 2033
Figure 29: North America Market Attractiveness by Application, 2023 to 2033
Figure 30: North America Market Attractiveness by Country, 2023 to 2033
Figure 31: Latin America Market Value (US$ Million) by Type, 2023 to 2033
Figure 32: Latin America Market Value (US$ Million) by Application, 2023 to 2033
Figure 33: Latin America Market Value (US$ Million) by Country, 2023 to 2033
Figure 34: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 35: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 36: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 37: Latin America Market Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 38: Latin America Market Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 39: Latin America Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 40: Latin America Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 41: Latin America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 42: Latin America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 43: Latin America Market Attractiveness by Type, 2023 to 2033
Figure 44: Latin America Market Attractiveness by Application, 2023 to 2033
Figure 45: Latin America Market Attractiveness by Country, 2023 to 2033
Figure 46: Western Europe Market Value (US$ Million) by Type, 2023 to 2033
Figure 47: Western Europe Market Value (US$ Million) by Application, 2023 to 2033
Figure 48: Western Europe Market Value (US$ Million) by Country, 2023 to 2033
Figure 49: Western Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 50: Western Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 51: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 52: Western Europe Market Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 53: Western Europe Market Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 54: Western Europe Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 55: Western Europe Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 56: Western Europe Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 57: Western Europe Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 58: Western Europe Market Attractiveness by Type, 2023 to 2033
Figure 59: Western Europe Market Attractiveness by Application, 2023 to 2033
Figure 60: Western Europe Market Attractiveness by Country, 2023 to 2033
Figure 61: Eastern Europe Market Value (US$ Million) by Type, 2023 to 2033
Figure 62: Eastern Europe Market Value (US$ Million) by Application, 2023 to 2033
Figure 63: Eastern Europe Market Value (US$ Million) by Country, 2023 to 2033
Figure 64: Eastern Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 65: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 66: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 67: Eastern Europe Market Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 68: Eastern Europe Market Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 69: Eastern Europe Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 70: Eastern Europe Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 71: Eastern Europe Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 72: Eastern Europe Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 73: Eastern Europe Market Attractiveness by Type, 2023 to 2033
Figure 74: Eastern Europe Market Attractiveness by Application, 2023 to 2033
Figure 75: Eastern Europe Market Attractiveness by Country, 2023 to 2033
Figure 76: South Asia and Pacific Market Value (US$ Million) by Type, 2023 to 2033
Figure 77: South Asia and Pacific Market Value (US$ Million) by Application, 2023 to 2033
Figure 78: South Asia and Pacific Market Value (US$ Million) by Country, 2023 to 2033
Figure 79: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 80: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 81: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 82: South Asia and Pacific Market Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 83: South Asia and Pacific Market Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 84: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 85: South Asia and Pacific Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 86: South Asia and Pacific Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 87: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 88: South Asia and Pacific Market Attractiveness by Type, 2023 to 2033
Figure 89: South Asia and Pacific Market Attractiveness by Application, 2023 to 2033
Figure 90: South Asia and Pacific Market Attractiveness by Country, 2023 to 2033
Figure 91: East Asia Market Value (US$ Million) by Type, 2023 to 2033
Figure 92: East Asia Market Value (US$ Million) by Application, 2023 to 2033
Figure 93: East Asia Market Value (US$ Million) by Country, 2023 to 2033
Figure 94: East Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 95: East Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 96: East Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 97: East Asia Market Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 98: East Asia Market Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 99: East Asia Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 100: East Asia Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 101: East Asia Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 102: East Asia Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 103: East Asia Market Attractiveness by Type, 2023 to 2033
Figure 104: East Asia Market Attractiveness by Application, 2023 to 2033
Figure 105: East Asia Market Attractiveness by Country, 2023 to 2033
Figure 106: Middle East and Africa Market Value (US$ Million) by Type, 2023 to 2033
Figure 107: Middle East and Africa Market Value (US$ Million) by Application, 2023 to 2033
Figure 108: Middle East and Africa Market Value (US$ Million) by Country, 2023 to 2033
Figure 109: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 110: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 111: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 112: Middle East and Africa Market Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 113: Middle East and Africa Market Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 114: Middle East and Africa Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 115: Middle East and Africa Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 116: Middle East and Africa Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 117: Middle East and Africa Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 118: Middle East and Africa Market Attractiveness by Type, 2023 to 2033
Figure 119: Middle East and Africa Market Attractiveness by Application, 2023 to 2033
Figure 120: Middle East and Africa Market Attractiveness by Country, 2023 to 2033
The projected b2b services review platforms market CAGR by 2033 is 13.8%.
The projected market value by 2033 is USD 1,016.6 million.
The market is estimated to secure a valuation of USD 278.3 million in 2023.
The enterprise industry is the key consumer of the b2b services review platforms market.
Agency Spotter, UpCity, and Clutch are the three key players in the market.
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B2B Services Review Platforms Market
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