300 Mn Indian Consumers Will Be Online By 2020 With Ecommerce Market Worth $100 Bn

300 Mn Indian Consumers Will Be Online By 2020 With Ecommerce Market Worth $100 Bn

The Indian market is changing fast. Internet growth is mainstreaming among the young population of India and the mobile access is growing in leaps and bounds.

IdeateLabs has released data on Indian Internet consumers, digital media consumption in India, advertising market in India, mobile users and its usage, users demographics& behavior and other domains surrounding digital ecosystem.

As per the report

  • There are over 900 Mn mobile phone connections in India with over 200 million internet users.
  • Of the total population in India, around 1/6th are internet users, while 1/10th are mobile internet users.
  • In 2013, there was a 31% growth in internet users in India as compared to 2012.
  • By 2015, Indian rural market will be 2x bigger than India’s urban market today.
  • While 21 million Indian users use social media and online mediums to find partners, 40 million browse online for reviews.
  • Online blogs showed the maximum growth in users with 48% YOY growth, followed by comparison shopping and apparels.

The presentation was created by IdeateLabs.

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Inc42 Magazine is an online startup magazine that covers some of the best startups and entrepreneurs in the India ecosystem. We also feature numerous guest posts and resources by leading experts from across the industry, including many from the Silicon Valley and Bay Area.
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