Categories: Wire Stories

E-commerce Market in India 2022-2027: Surge in Internet & Smartphone Use Boosts 26.71% Annual Growth – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “E-commerce market in India 2022-2027” report has been added to ResearchAndMarkets.com’s offering.

The e-commerce market in India was valued at INR 6,210.96 Bn in 2021. It is anticipated to reach a value of INR 26,459.18 Bn by the end of 2027, expanding at a compound annual growth rate (CAGR) of ~26.71% during the 2022 – 2027 period.

The market has grown exponentially over the past five years due to the surge in Internet and smartphone users, improved policy reforms, and increase in disposable income. Mobile wallets, Internet banking, and debit/credit cards have become popular among customers for making transactions on e-commerce platforms

Market segment insights:

Based on product categories, the market can be segmented into online travel, retail, financial services, matrimony and classified, and other services. Consumers’ buying patterns have changed significantly, especially regarding categories, such as health and pharma, groceries, and food deliveries. In 2021, the online travel segment in India was impacted severely by the COVID-19 pandemic. By 2027, the online retail sector is expected to dominate the e-commerce market in India because of a growing consumer base and increasing FDIs.

Competitive insights:

E-commerce companies have brought in various technologies, such as voice recognition, virtual reality (VR), augmented reality (AR), fintech, artificial intelligence (AI), and machine learning (ML) to attract customers and compete with other players. Organizations such as Amazon, Flipkart, Goibibo, Ola, Zomato, and Ixigo have employed voice assistants for assisting customers with their queries, thereby improving customer satisfaction. They also use fintech-based payment platforms such as PayPal, Apple Pay, Google Pay, and Amazon Pay to offer secure and efficient online payment methods to consumers.

Key Topics Covered:

Chapter 1: Executive summary

Chapter 2: Socio-economic indicators

Chapter 3: Introduction

3.1. Market definition and structure

3.2. Business models

Chapter 4: Market overview

4.1. India e-commerce market – An overview

4.1.1. Market size and growth forecast (2020 – 2026e)

Chapter 5: Market segmentation

5.1. India e-commerce market segmentation

5.1.1. Online retail market size and growth forecast (2020 -2027e)

5.1.2. Online travel services’ market size and growth forecast (2020 – 2027e)

5.1.3. Online food and grocery delivery market size and growth forecast (2020 – 2027e)

5.1.4. Online matrimony and classified market size and growth forecast (2020 – 2027e)

5.1.5. Other online services’ market size and growth forecast (2020 – 2027e)

Chapter 6: Covid-19 impact assessment

6.1. Existing market scenario

6.2. Segment-wise impact assessment

Chapter 7: Government initiatives

7.1. Initiatives by the Government of India, impacting the e-commerce industry

Chapter 8: Market influencers

8.1. Market drivers

8.2. Market challenges

Chapter 9: Market trends

9.1. Market trends

Chapter 10: Mergers and acquisitions

10.1. Mergers and acquisitions

Chapter 11: Investment scenario

11.1. Recent investment scenario

11.2. PE/VC investments in B2C E-commerce sector

11.3. PE/VC investments in B2B E-commerce sector

Chapter 12: Competitive landscape

Chapter 13: Competitive benchmarking

Chapter 14: Recent developments

Chapter 15: Appendix

Companies Mentioned

  • Infibeam Avenues Limited
  • Info Edge (India) Limited
  • One97 Communications Limited
  • Thomas Cook (India) Limited
  • BigTree Entertainment Limited
  • Flipkart Internet Limited
  • Jasper Infotech Limited
  • MakeMyTrip (India) Limited
  • People Interactive (India) Limited
  • Amazon India Limited

For more information about this report visit https://www.researchandmarkets.com/r/x6h5gt

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Alex

Alex is a writer and digital content enthusiast who enjoys covering technology, current trends, useful tips, and topics that matter to everyday readers. With a focus on clear, informative, and easy-to-understand content, Alex aims to provide readers with practical insights and interesting perspectives across a wide range of subjects.

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