A new research study titled "Shakeouts in Digital Markets: Lessons from B2B Exchanges" tracked the compressed boom-to-bust cycle for Internet startups in eight business-to-business markets, including electronic components, food service and beverage, health care, paper, construction, automotive aftermarket, industrial MRO and grocery.
According to the study, conducted by George S. Day, Ph.D., a professor at the Wharton School of the University of Pennsylvania, and Adam J. Fein, Ph.D., president of Pembroke Consulting, an estimated 1,500 B2B exchanges operated in 2000, but only 700 existed in July 2002 and less than 200 of them are likely to survive through 2003.