DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/vcqnc8/ecommerce_in) has announced the addition of the "e-Commerce in India - Click to Boom" report to their offering.
The global e-commerce market generated revenue worth USD 1,042.98 in 2012 and is anticipated to clock a turnover of USD 2,148 billion by 2017, with year-on-year growth rate of 17 percent. The North America region contributes a major chunk in the business-to-consumer (B2C) e-commerce sales, but registered a growth rate of only 11 percent. In comparison, the Asia-Pacific region, with rapidly increasing markets such as China, India and Indonesia offers the highest growth potential.
The region is projected to contribute the major share of global e-commerce revenue by 2017. The country's e-commerce market has shown rapid growth over last few years backed by a rise in penetration and higher acceptance among Indian consumers. The advent of 3G and 4G internet connections have led to the growth of netizens in the country. The number of internet users making online transactions is steadily on the rise and is anticipated to reach 38 million by 2015, as compared to 11 million users in 2011.
Travel e-commerce has been the most dominant segment both in terms of visibility and transactions. Air travel and railway ticketing websites have had the largest share. e-Commerce services for car rental and bus tickets highlight high-growth trajectory, especially among urban consumers. The retail industry in India is booming and e-retail contributes just 1 percent of the overall industry.
The e-retail segment has the largest growth potential and is anticipated to surpass the travel section. With retail penetration of 60 percent, the e-tailing part of the websites has attracted largest number of internet traffic over the last one year.
Scope of the report:
- Global and Indian Perspectives of the e-commerce Industry
- Market Size and Dynamics
- Investment Trends of the Industry
- Outlook of the Industry
For more information visit http://www.researchandmarkets.com/research/vcqnc8/ecommerce_in
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