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E-Commerce Trends in India 2020

E-Commerce Trends in India 2020

Submitted by • September 15, 2020 www.beepnbuy.com

E-Commerce space is evolving rapidly. There is no doubt in claiming that India is the fastest-growing market in e-commerce. E-Commerce trends in India is growing at an annual rate of 51% which is highest in the world. Undoubtedly, this sector in India has seen an unforeseen growth in the past decade. It is expected to increase at a fast pace in 2020. As per the report by Morgan Stanley, the E-Commerce in India is expected to grow to $200 Billion by 2026 from $38.5 Billion in 2017. Also, according to Statista, ‘India had around 224 million digital buyers in 2018’. This will rise to 330 billion by 2020, which is a highly rapid rise rate.

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