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Growth Trends in India's E-Commerce Market, 2024-2029 - 500 Million Online Shoppers by 2029: India Poised to Become One of the World's Largest E-Commerce Markets [Yahoo! Finance]
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Dublin, Dec. 30, 2024 (GLOBE NEWSWIRE) -- The "E-commerce Market in India 2024-2029" report has been added to ResearchAndMarkets.com's offering. India's e-commerce market is set to witness robust growth between 2024 and 2029, driven by rising internet penetration, the growing adoption of digital payment systems, and increasing consumer preference for online shopping. The market is poised for a transformative period, with opportunities for growth across multiple sectors. Companies that can innovate and adapt to evolving consumer behaviours and technological advancements will be best positioned to succeed in this highly competitive space. Market Insights The e-commerce market in India was valued at INR 8.42 trillion in 2023. It is expected to reach a value of INR 53.42 trillion by the end of 2029, expanding at a compound annual growth rate (CAGR) of ~39.37% during the 2024-2029 period. The market is experiencing exponential expansion, largely due to the country's young, tech-sa
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