eCommerce exploded in the world’s emerging marketplaces, and now certain countries are leading the way in the industry. Through innovation countries that have embraced this sale channel are paving a path for those to aspire to. Although for countries like India eCommerce penetration is lower compared to America and the UK, it is growing at a much faster rate! Since 2012, eCommerce in India has grown the fastest in the Asia-Pacific region. With over 250 million internet users and growth being shown at an extremely fast rate, eCommerce in India is estimated to reach $20 billion in 2015, which is eight times ($2.5 billion) the amount it was worth in 2009. This infographic by vouchercloud takes a look at the growth of eCommerce in India and predicts the levels it could reach in the not too distant future.
The eCommerce market in India was worth $16 billion in 2013. Tweet this.
In 2015 eCommerce in India will have a market size of $4.2 billion. Tweet this.
One of the biggest firms dominating India’s eCommerce is FlipKart. Tweet this.
eCommerce in India has had the biggest growth in the Asia-Pacific region. Tweet this.