Electronic Bidding Platform Market, Global Outlook and Forecast 2023-2032
The electronic bidding platform refers to reorganizing the bidding business, optimizing and reorganizing the work process, and performing a series of business operations such as online bidding, bidding, bidding opening, bidding evaluation and supervision and supervision through computer, network and other information technologies. Ultimately realize efficient, professional, standardized, safe and low-cost bidding management.
This report aims to provide a comprehensive presentation of the global market for Electronic Bidding Platform, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electronic Bidding Platform. This report contains market size and forecasts of Electronic Bidding Platform in global, including the following market information:
Global Electronic Bidding Platform Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global top five companies in 2022 (%)
The global Electronic Bidding Platform market was valued at US$ 2162.9 million in 2022 and is projected to reach US$ 4411.3 million by 2029, at a CAGR of 10.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The market's expansion is driven by millennial and Gen X consumers' increasing demand for online streaming content. Since advertisers have recognized the opportunities, they have made significant investments in online distribution of their media in order to reach their intended audience. A more interactive bidding software that offers clients seamless services is being developed as a result of advances in machine learning and artificial intelligence.Electronic bidding is depend on artificial intelligence (AI) are becoming increasingly popular. AI platforms provide bidders with easy-to-understand, actionable intelligence through the use of machine learning and algorithms. Because a number of processes, including internal operations, customer-based service inquiries, the packaging of purchased industrial equipment, and its delivery, can be automated, the use of AI helps reduce administrative costs during electronic bidding.
We surveyed the Electronic Bidding Platform companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electronic Bidding Platform Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Electronic Bidding Platform Market Segment Percentages, by Type, 2022 (%)
Marketplace Bidding Platform
Direct Bidding Platform
Global Electronic Bidding Platform Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Electronic Bidding Platform Market Segment Percentages, by Application, 2022 (%)
Media and Entertainment
Government & Non-profit
Healthcare & Medical
Retail & E-commerce
Real Estate
Others
Global Electronic Bidding Platform Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Electronic Bidding Platform Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Electronic Bidding Platform revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Electronic Bidding Platform revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Bidlogix
Promena
Easy Auction
Handbid
Redeia
NSE
NSDL
BSE
SAP Ariba
ProcureWare
MAGNiTT
PhilGEPS
Bonfire
RainWorx Software
TahoePeaks
OneCause
Auctria
Bidpath
Mercury Minds
AirAuctioneer
Outline of Major Chapters:
Chapter 1: Introduces the definition of Electronic Bidding Platform, market overview.
Chapter 2: Global Electronic Bidding Platform market size in revenue.
Chapter 3: Detailed analysis of Electronic Bidding Platform company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Electronic Bidding Platform in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
