India’s mobile commerce industry is looking to overcome challenges

india mobile commerce, standard qr code

Mobile commerce continues to grow throughout India As the mobile commerce industry continues to grow, several companies involved therein are beginning to fight to overcome significant challenges that face adoption. Indian companies are beginning to address issues that exist in the market in order to ensure that they can effectively engage consumers. According to recent market analysis, the Indian mobile commerce market is expected to grow by 55% by 2019, reaching $19 billion. Mobile Internet use among Indian consumers is also expected to increase, reaching 120 million users. Companies are…

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India is a leading mobile commerce market

India mobile phone manufacturing

India is establishing itself as the world’s leading mobile market India has become one of the largest and most influential mobile commerce markets in the world, according to a new report from KPCB, a leading venture capital firm. Several Indian firms have begun to invest quite heavily into the mobile space, establishing a strong presence among a new generation of consumers that are interested in mobile payments. India currently stands as one of the fastest growing mobile markets in the world and may hold the position as the world’s leading…

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Study highlights growth of digital and mobile commerce in India

india mobile commerce, standard qr code

E-commerce growth is accelerating at a rapid pace in India ASSOCHAM-PwC has released a new study that highlights the growth of mobile and e-commerce in India over the past year. The study suggests that 2014 may prove to be the year that e-commerce became a mainstream form among consumers, especially those of younger generations. Because of the success that the digital space has seen over the past year, retailers may find even greater opportunities in 2015, especially has they set their sights on mobile commerce. Study shows that 65 million…

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Mobile commerce is being driven by cheaper smartphones

india mobile commerce, standard qr code

Smartphone based shopping saw an growth of an astounding 800 percent last year, and it is still rising. According to data that has been released by Flipkart, an online retailer, it is expecting a compound annual growth rate (CAGR) in mobile commerce of another 150 percent that will occur until 2016. Smartphones are tremendously commonplace and are vital to the growth of the m-commerce sector in India. At the moment, e-commerce in India is estimated to be worth about $4 billion. However, as cheaper handsets have become widely available, it…

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Flipkart sees major success with mobile commerce

mobile commerce online shopping

Mobile shopping through Flipkart is beginning to gain momentum Flipkart, one of the largest e-commerce organizations in India, has been seeing an increase in mobile shopping recently. The firm has become a supporter of mobile commerce, claiming that mobile shopping is likely to be the future of retail. This week, the firm announced that a growing portion of the purchases it sees are coming from consumers with smartphones and tablets. Notably, smartphones are accounting for the majority of increasing mobile sales. More than 20% of Flipkatr’s orders are coming from…

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