Back
Deepasnhu Chail
Mastering the Game o... • 1y
The overall e-commerce market in India is estimated to be around $50 billion in 2022, with the potential to reach $150 billion by 2026, according to various industry reports. The tier 2 and tier 3 markets are expected to contribute significantly to this growth, with their share in the overall e-commerce market projected to increase from around 30% in 2019 to around 60% by 2026. According to a report by RedSeer Consulting, the online retail market in tier 2 and tier 3 cities is expected to grow at a compound annual growth rate (CAGR) of 49% between 2019 and 2025, reaching $59 billion in value by 2025. In my opinion if you able to solve this problem and able to achieve brand awareness, customers etc . You are going to get see growth exponentially within just few years. This is very hard to figure out all of that I'm sure you have a good team who is gonna help you. I also like this idea because you can do soo many things after you able to generate stable revenue from core problem ..
More like this
Recommendations from Medial
Mahendra Lochhab
Content creator • 11m
India's furniture market is valued at around $23 billion and is projected to grow to $32.7 billion by 2026. Furniture manufacturing hub Jodhpur is a hub of Indian furniture manufacturing, with furniture and decor that has earned international accl
See More
Download the medial app to read full posts, comements and news.