SHERIDAN, WYOMING, UNITED STATES, July 7, 2022 /EINPresswire.com/ -- According to IMARC Group’s latest report, titled “ India E-commerce Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the India E-commerce market is expected to exhibit a CAGR of 33.43% during 2022-2027. offers a comprehensive analysis of the industry, which comprises insights on the India e-commerce market share. The report also includes competitor and regional analysis, and contemporary advancements in the market.
What is E-commerce Market?
E-commerce, also known as electronic commerce, refers to commercial transactions that are conducted electronically over the internet. It operates in numerous business models, such as business-to-business (B2B), business-to-consumer (B2C), consumer-to-business (C2B), and customer-to-customer (C2C). It offers cost reduction, customer flexibility, product and price comparison, and instant response to buyer and market demands.
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Market Trends
Rapid urbanization, increasing internet penetration, and the growing usage of smartphones, laptops, and tablets to access e-commerce portals are positively influencing the market in India. In addition, advancements in technologies, such as digital payments, hyper-local logistics, analytics-driven customer engagement, and digital advertisements are creating a positive outlook for the market in the country. Apart from this, shifting consumer preference towards online shopping platforms to enjoy a hassle-free shopping experience with exciting deals and discounts is contributing to the market growth. Moreover, numerous initiatives undertaken by the Government of India (GoI), such as digital India, startup India, and make in India, are propelling the market growth.
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Breakup by Type:
Home Appliances
Apparel, Footwear and Accessories
Books
Cosmetics
Groceries
Others
Breakup by Transaction:
Business to Business (B2B)
Business to Consumer (B2C)
Consumer to Consumer (C2C)
Others
Breakup by Payment Mode:
Cash Payment
Bank Transfer
Card Payment
Digital Wallet
Others
Breakup by Region:
North India
West and Central India
South India
East India
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Elena Anderson
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