Written by Dinesh Ahir

Market size and growth

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1

 According to a report by KPMG and Google, the ecommerce market in India is projected to reach $200 billion by 2026, with a CAGR of around 31% between 2019 and 2026.

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2

As of 2021, the Indian ecommerce market is valued at around $38 billion.

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3

Online retail is expected to account for around 2.5% of India’s total retail market by 2023, up from 1.2% in 2019.

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4

The number of online shoppers in India is expected to reach 120 million by 2020, and further grow to around 200 million by 2026.

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5

The mobile commerce market in India is expected to reach $73 billion by 2021, growing at a CAGR of around 38% between 2016 and 2021.

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6

The online travel market in India is valued at around $15 billion, and is expected to grow at a CAGR of around 12% between 2016 and 2021.