Articles

E-Commerce And Mobile App Development In Indian Market

by Melissa Crooks Tech Writer
The continuous growth in technology and the enhancement and development of several apps have made starting a global business as easy as a stroll in the park. Okay, maybe it's not as easy. Becoming a global business tycoon does not necessarily mean you need to travel around the world in search of clients. You don't even need to rent an expensive physical shop to be able to showcase your products to the final consumers. The advent of mobile apps and development of many mobile applications both by top mobile app development companies have made E-commerce a relatively easy venture.

Considering the robust base of internet users in India which was about 354 million as at 2015, a new investor in Indian’s E-commerce market, has an already vibrant market for products. But many prospects are not aware of this huge business opportunity, and this accounts for the low penetration of the e-commerce market. Though the e-commerce market is growing daily in India and new entrants are making way into the industry, the wealth in this sector has not fully been harnessed.

Mobile Application Development and E-commerce

The continuous growth of the E-commerce industry is partly due to the steady jobs of mobile apps developers and continuous rise of tech-savvy individuals, who have an unquenchable desire to drive the internet and the web related services through the development of world-class mobile applications. These applications are created to cater for the growing needs of internet users.

Based on statistics obtained from Google India, there existed close to 35 million vibrant online shoppers as at the first quarter of 2014. It was forecasted that this figure would cross the 100 million mark by the end of the year. Most investors in electronics and apparels benefitted significantly from this figure as they are the highest patronized industries by these online shopaholics.

Also, most Indian residents who patronize online businesses prefers to make payments for goods on delivery. This accounts for about 75% of all e-retail activities on the e-commerce market platform. Also, these users are not restricted to India as they also source for consumers’ products internationally. This huge figure makes the E-commerce market in India a very lush and investor friendly paradise.

Also, online travel agencies have not been left out of this goldmine as research showed that online travel attracts a whopping 61% of the activities carried out in the e-commerce market. This is why application development is on a geometric high in India, as agencies are making concerted efforts to offer clients seamless services uniquely tailored to their peculiar need.

Telecommunication industries have wholeheartedly embraced e-commerce and have come up with various offerings to cater for their customers’ needs. It is posited that DTH airtime recharge boasts a daily transaction of about a million on the telecom operators’ website. These transactions range from USSD recharge to mobile recharge. This huge transaction base leaves operators smiling to the bank and also boost more investment and job opportunities to both the companies and the general populace.

In recent times, the medical field made a wise and bold step to partake in the even wealth distribution offered by e-commerce, as pharmaceutical firms began the sales of medical products online. Knowing that there is no specific law against sales of drugs online, firms took the bull by the horn to offer these services to the esteemed online users. This product offering has helped reduce the stress; customers would have gone through searching for prescriptions from pharmacy to pharmacy.

There is a revolution going on in India’s eCommerce sector, and app developers of leading app development companies are in the driver’s seat.

About Melissa Crooks Innovator   Tech Writer

25 connections, 1 recommendations, 80 honor points.
Joined APSense since, February 6th, 2017, From Boston, United States.

Created on Dec 31st 1969 19:00. Viewed 0 times.

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