Startup Ideas AI

Sourcing reliable suppliers and managing the procurement process is a major frustration for businesses, often leading to inefficiencies and costly mistakes. A B2B e-commerce startup can develop an AI-powered sourcing platform that connects businesses with verified suppliers, streamlining the procurement process and ensuring competitive pricing and quality goods. Market size: The global B2B e-commerce market is projected to reach $20.9 trillion by 2027, with a compound annual growth rate of 17.5% (source: Research and Markets).