Forecast Report

Brief: The State Of India's Online Retail Market In 2015

Mobile And Marketplaces Are Key Growth Drivers

Satish Meena
 and  three contributors
Apr 27, 2015

Summary

The Indian online retail market is at an early stage, yet it is attracting investment and Forrester expects it to grow at a rapid pace through 2019. We anticipate that India's online retail spending will increase at a compound annual growth rate of more than 51% over the next five years as more Indian consumers start purchasing online, especially via mobile devices. The rapid emergence of mobile as a shopping channel makes it critical for eBusiness professionals to devise a mobile channel strategy. This report discusses how mobile is driving the online retail sales in India and how eBusiness teams in India need to prioritize reach to capture a greater share of the country's online retail market.

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