Press release
E-commerce, India Market Breaches 10,494.38 Bn $ Size; Still Room to Grow
E-commerce Market
Be the first to knock the door showing potential that Technology Landscape in India E-commerce market is holding in it. Uncover the Gaps and Opportunities to derive most relevant insights from our research document to gain market size.
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The e-commerce market in India was valued at INR 3,550.70 Bn in 2018 and is expected to reach INR 10,494.38 Bn by 2024, expanding at a compound annual growth rate (CAGR) of ~18.15% during the 2019-2024 period. To stay afloat in the competitive market, e-commerce companies are incorporating advanced technologies such as Internet of Things (IoT), voice recognition, fintech, robotics, virtual reality, artificial intelligence (AI) and machine learning (ML) in their online platforms.
Market insights:
E-commerce companies are using virtual and augmented reality (VR & AR) to create virtual showrooms/stores which can provide real-life experiences to customers. These showrooms feature detailed product previews and imitate in-store experiences, which further increase customers' satisfaction and reduce product return rates.
Payment choices including credit and debit cards, net-banking and e-wallets cater to ~30% of online sales when compared to the cash on delivery (CoD) payment option in India. With support from the government's Digital India initiative, cashless payment solution using Fintech is expected to enhance the e-commerce market in India. Consequently, e-commerce companies are incorporating Fintech-based payment platforms like Apple Pay, Google Pay and Amazon Pay to improve the security and efficiency of online payment methods.
Artificial intelligence allows e-commerce businesses to identify patterns and trends, which help retailers understand customers' requirements better. Using AI and ML, e-commerce companies are offering marketing strategies, personalized suggestions, voice-based chatbot assistance and visual searches. Amazon uses machine learning technology to improve address quality, which facilitates timely delivery of packages to its customers.
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Important Features that are under offering & key highlights of the Technology Landscape in E-commerce market report:
1) What are the companies profiled in basic version of report? Is it possible to customize list
Players that are currently profiled in the the study are " Adobe Systems India Pvt. Ltd. , Akamai Technologies India Pvt. Ltd. , Amazon Internet Services Pvt. Ltd., Cloudflare, Inc., Google India Pvt. Ltd., IBM India Pvt. Ltd., Microsoft India Pvt. Ltd., Neustar Data Infotech (India) Pvt. Ltd. , NGINX Inc. , Oracle India Pvt. Ltd. ". Yes list can also be customized, a maximum of 5-6 players can be swapped with the list of your target competition.
** List of players mentioned may vary in the final report subject to Name Change / M&A activity in recent year. Final confirmation about the players would be provided by research team depending upon the difficulty of survey.
Buy Latest 2020 version of Technology Landscape in India E-commerce Market Study @ https://www.htfmarketreport.com/buy-now?format=1&report=2577609
2) What all regions or countries covered? Can we have list of country of my choice?
Currently, basic version research report is focusing on regions such as North America, Europe, Asia-Pacific etc. List of countries can be customized as per your interest and final confirmation would be dependent upon feasibility test and data availability in research repository.
3) How can we include Segmentation / Market breakdown of Business Interest? Is it possible to get information on Market Makers
Yes, inclusion of additional segments is very much possible subject to data availability and difficulty of survey. At times our client request for market makers information that can be covered on special request after considering requirement with Analyst group of HTF MI.
** Depending upon the requirement the deliverable time and quote will vary.
To comprehend Technology Landscape in India E-commerce market sizing in the world, the Technology Landscape in E-commerce market is analyzed across major global regions. HTF MI also provides customized specific regional and country-level reports for the following areas.
o North America: United States, Canada, and Mexico.
o South & Central America: Argentina, Chile, and Brazil.
o Middle East & Africa: Israel, Saudi Arabia, United Arab Emirates, Turkey, North African Countries and South Africa.
o Europe: UK, France, Italy, Germany, NORDIC Countries, Spain, and Russia.
o Asia-Pacific: India, China, Japan, South Korea, Malaysia, Singapore, Indonesia, Singapore, and Australia.
Browse for Full Report at @: https://www.htfmarketreport.com/reports/2577609-technology-landscape-in-india-e-commerce-market
Actual Numbers & In-Depth Risk & Return Analysis of Technology Landscape in E-commerce Market with opportunities Available in final Report.
Thanks for reading full article, contact us at sales@htfmarketreport.com to better understand in-depth research methodology and sound approach behind this study adopted by Analyst of HTF MI.
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA - 08837
Phone: +1 (206) 317 1218
sales@htfmarketreport.com
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the "Accurate Forecast" in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their "Goals & Objectives".
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