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The second strongest regional B2B growth can be found in Europe where B2B revenue in 1999 totaled $31.8 billion. In 2004, the European B2B market will be more than $2.34 trillion.
Japan was the third region with the highest B2B e-commerce in 1999, with revenue of $11.1 billion, and Gartner forecasts that Japan B2B e-commerce will reach $861 billion in 2004.
During the same period, penetration of the Internet in earnest in Latin America. In 1999, the Latin America B2B market reached $1 billion, and in 2004 the market will total $124 billion. This area will accelerate the implementation of B2B e-commerce according to Gartner.
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