What are the stats ( Show stats )?

E-commerce platforms are most frequently employed for all business types in the current digital era since they have the capacity to meet all marketing objectives. E-commerce trends have seen a tremendous amount of growth over the past ten years. Expanding a firm online, selling goods anywhere, having no geographic restrictions, digital wallets, and many other advantages of e-commerce are good for business.


As is common knowledge, everything will soon be accessible online. Everything, from groceries to smartphones, is just a click away. As a result, practically every industry in India experiences growth thanks to the creation of mobile applications and e-commerce websites. They begin with an online food and grocery application before branching out to include all categories of goods, including apparel, toiletries, cosmetics, and other daily-use items. These internet channels are used by a sizable number of 88 to 115 million* users in India.



According to an IBEF analysis, e-commerce has changed how business is done in India. From US$ 38.5 billion in 2017, the Indian e-commerce sector is anticipated to reach US$ 200 billion by 2026. An increase in internet and smartphone usage is largely to blame for the industry's expansion. The 'Digital India' program led to a considerable rise in internet connections in India, reaching 776.45 million as of September 2020. 61% of all internet connections were in metropolitan areas, and 97% of those connections were wireless.


The expansion of e-commerce moves quickly from one point to another. Around USD 572 billion was spent in the beginning of the era in 2010, and USD 3.46 trillion will be spent in 2019. Every adult in the world spends close to 5–6 hours per day on their phone, with 50% of that time being spent on social networking, chatting, and other online shopping sites. So, given all the data, we believe that the future of online shopping will be more successful and bright.


Keep in touch with us to learn more about e-commerce. I appreciate you reading.

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