According to Google’s annual online shopping growth trends report released on Thrusday, done in a collaboration with Forrester Research, India will have 100 million online shoppers including 40 million women, by 2016.
Facebook, amidst the Wall Street predictions about its projected earnings for the Q3FY14, have might got a blow with the recently released research by Forrester Analyst Nate Elliott.
With more than 85% of the world shopping online and Internet spreading its roots in most of the households through smartphones and tablets, online shopping is no longer a fad, even in the developing countries like India.
India to be the fastest growing E-Commerce Market in Asia-Pacific; Market Set To Grow to $8.8 Billion by 20167 Comments
According to the latest research by Forrester, a leading global research and advisory firm, the e-commerce market in India is set to grow the fastest within the Asia-Pacific Region at a CAGR of over 57% between 2012-16.