According to a Boston Consulting Group report, the consumer market in India is projected to grow to $3.6 trillion by the year 2020, from an estimated $1 trillion in 2010. Within the market, increased Internet penetration is also spurring the growth of e-commerce. But as I have said, there are few sectors within consumer retail
According to a recent report by Internet and Mobile Association of India (IAMAI) and IMRB International, the Indian e-commerce market is expected to grow 33% this year to Rs. 62,967 crore (~$7.5 billion). The market remains dominated by the online travel segment, which contributes 73% of revenues for the year. The remaining 23% comes from
According to a recently released report by Research and Markets, worldwide sales of toys grew from $78.1 billion in 2007 to $83.3 billion in 2011, translating to a meager 1.6% annual growth rate. Closer to home, NPD’s report released earlier this year suggests that the U.S. toy market has flattened out. Last year, toy sales
Earlier this year, daily deals market leader Groupon (Nasdaq:GRPN) fired its founder and CEO, Andrew Mason. Since then, the company’s stock price has doubled in value as the market regains some confidence in Groupon. The stock further strengthened when the company announced their second quarter results along with the appointment of a new CEO. Groupon
According to market research by Rajesh Thambala, India’s child-oriented retail sector was estimated to be worth Rs 23,000 crores (~$3.8 billion) last year. The sector is projected to grow 20% annually to Rs 80,000 crores (~$13.1 billion) by 2016, translating to a 20% annual growth rate. There is potentially an immense opportunity for growth for
According to market reports, the global fashion industry is estimated to be a $1.5 trillion market. But most of the trading in the segment is still conducted through brick-and-mortar stores. Even in the U.S., of the $300 billion fashion market, only a mere 10% is conducted online. It follows that in emerging markets like that
EDA is a funny industry. It takes enormous intellectual horsepower to build software that can help design the chips that power today’s devices. It creates tremendous value. And yet, that value doesn’t translate into wealth these days. Failure of capitalism? Let’s examine.
The recent $200 million investment in India’s e-commerce player Flipkart has sparked big interest in the country’s online retail trade. According to market research, India’s e-commerce market grew from $2.5 billion in 2009 to $14 billion last year. The country has more than 10 million online shoppers, and that number is growing 30% annually. Online