Market Report on Sectoral Capsule - the E-Commerce Sector in India
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- Date Submitted: 11/01/2015 11:19 PM
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2st Nov 2015, – Navi Mumbai, India: Market reports on India presents the latest report on “Market Report on Sectoral Capsule - The E-Commerce Sector in India - CLick to Boom”. The e-tailing segment in India stood offers high growth potential and is anticipated to acquire the major chunk of the market pie in coming years.
Although the concept of e-Commerce has been around for more than a decade, consumers in India have woken up to it only recently. http://www.marketreportsonindia.com/service-industry-market-research-reports-771/sectoral-capsule-the-e-commerce-sector-in-india-click-to-boom.html Rise in internet penetration, growing acceptability of online payment transactions and favorable demographics are some of the key growth drivers of this sector. Among various sub-segments, online travel enjoyed the highest market share with 71 percent at USD 5.67 billion in 2012, while e-tailing accounted for 16 percent with a market size of USD 1.06 billion. Trends indicate that the e-tailing market is set to achieve higher growth rate in the coming years, due to the development of supporting infrastructure such a logistics.
The online travel segment accounts for the lions share of the e-Commerce industry in India. Indias travel-and- tourism sector has the second highest growth rate in the world, which in turn, is contributing to the rise of the online travel segment. e-Tailing comprises components such as apparel, footwear, jewellery, mobile phone, books, computers and laptops, home kitchen appliances, gift vouchers and flower and toys. The e-tailing segment in India stood offers high growth potential and is anticipated to acquire the major chunk of the market pie in coming years. The online financial-services market in India stood at US 0.47 billion in 2012, and is projected to reach USD 1.74 billion in 2018. The segment is forecast to have a CAGR of 24 percent through 2013-2015. The segment consists of application for fresh insurance or payment of insurance...
Although the concept of e-Commerce has been around for more than a decade, consumers in India have woken up to it only recently. http://www.marketreportsonindia.com/service-industry-market-research-reports-771/sectoral-capsule-the-e-commerce-sector-in-india-click-to-boom.html Rise in internet penetration, growing acceptability of online payment transactions and favorable demographics are some of the key growth drivers of this sector. Among various sub-segments, online travel enjoyed the highest market share with 71 percent at USD 5.67 billion in 2012, while e-tailing accounted for 16 percent with a market size of USD 1.06 billion. Trends indicate that the e-tailing market is set to achieve higher growth rate in the coming years, due to the development of supporting infrastructure such a logistics.
The online travel segment accounts for the lions share of the e-Commerce industry in India. Indias travel-and- tourism sector has the second highest growth rate in the world, which in turn, is contributing to the rise of the online travel segment. e-Tailing comprises components such as apparel, footwear, jewellery, mobile phone, books, computers and laptops, home kitchen appliances, gift vouchers and flower and toys. The e-tailing segment in India stood offers high growth potential and is anticipated to acquire the major chunk of the market pie in coming years. The online financial-services market in India stood at US 0.47 billion in 2012, and is projected to reach USD 1.74 billion in 2018. The segment is forecast to have a CAGR of 24 percent through 2013-2015. The segment consists of application for fresh insurance or payment of insurance...