DUBLIN, January 29, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/j93mw7/ecommerce_in) has announced the addition of the "E-commerce in India to 2017" report to their offering.
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E-commerce in India: It's the next billion-person-plus online market.
New report forecasts e-commerce sales in India to 2017.
The report provides an overview of the eCommerce market in India. Forecasts are provided for 2012 through 2017. Companies and products covered include Flipkart, Snapdeal, & Amazon India.
After the Alibaba IPO, eyes are now turning to India for the next hot e-commerce name to come out of Asia. Though direct comparisons to Alibaba could be misleading, there are several Indian e-commerce companies which are growing extremely rapidly, changing the market, and challenging both established retailers and the efforts of Western companies to establish themselves in India.
Up until recently, internet-based purchases in India have been primarily travel-related with train tickets and visas being ordered online. But companies selling other goods online such as electronics, clothes, and household items have surged in popularity during the past year, with consumers becoming comfortable with making purchases over the internet. Companies such as Flipkart, Snapdeal, and Infibeam have grown rapidly and gained a fan base.
In many ways the Indian is much different than the e-commerce markets in China or the U.S. For example, paying cash or credit upon delivery is a common practice, meaning the consumer can evaluate the goods before paying. Online retailers also must think mobile first as fixed-line internet connectivity is still extremely low in India.
The report forecasts the e-commerce market in India to 2017, plus provides historical sales from 2012. It also provides information on key enablers for e-commerce including mobile bank accounts, mobile subscriptions, internet users, and smartphone growth rates. Companies examined include Flipkart, Snapdeal, Infibeam, Walmart India, and Amazon India. The report provides revenues for travel and non-travel online sales, and provides recommendations for e-commerce companies, venture capitalists, and other players. The report discusses the use of zero-rate strategies and partnerships.
Key Topics Covered:
Key Supporting Trends
How large is the opportunity?
About the Author and Contact Info
- Amazon India
- Walmart India
For more information visit http://www.researchandmarkets.com/research/j93mw7/ecommerce_in
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets