Teleshopping through Dedicated Channels to Rise in India through 2023
Rising per capita income, growing TV penetration in rural areas
along with ease of ordering to drive India teleshopping market through 2023
According to TechSci Research report, “India Teleshopping Market By
Operation Type, By Category, By Payment Mode, By Source of Order, Competition
Forecast & Opportunities, 2023”, India teleshopping market is projected
to grow at a CAGR of over 13% during 2018 - 2023. In 2017, dedicated channel
segment accounted for the largest share in India teleshopping market, and the
segment is anticipated to maintain its dominance through 2023 as well, owing to
24 hours telecast, availability of plethora of products and continuous announcement
of various cashbacks/ discounts offers. According
to Telecom Regulatory Authority of India (TRAI), number of smartphone users in
India has reached 251.79 million in 2016 from 44 million in 2012. Such rapid
development is expected to further drive the teleshopping market in India. Moreover,
according to World Bank, per capita household final consumption expenditure of
India has reached $ 1,045 in 2016 from $ 834 in 2012. In addition, increasing standard of living and
changing lifestyle, especially among fast growing urban population of the
country, is further expected to boost the teleshopping market in India during
the forecast period.
Browse 9
market data Tables and 25 Figures spread through 75 Pages and an in-depth
TOC on "India Teleshopping Market"
https://www.techsciresearch.com/report/india-teleshopping-market/2321.html
Among
payment modes, cash on delivery (COD) option dominated India teleshopping market
in 2017, and this payment option is expected to continue its dominance during
the forecast period as well, owing to high preference of consumer towards cash
on delivery, as they consider it to be more safe than other payment options. South region accounted for a major share
in India teleshopping market, owing to rising disposable income and growing
acceptance of products sold by teleshopping companies. Furthermore, growing
internet connectivity, new business models and expanding digital media in the country
has provided many teleshopping companies an opportunity to promote their brands
through online medium.
Download
Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=2321
Customers
can also request for 10% free customization on this report.
“The teleshopping market in India is growing at a rapid pace and
is gaining popularity on the back of increasing economic development
with consumers having higher disposable incomes. Moreover, teleshopping companies are launching their own online
websites and mobile applications to counter the rising competition from e-commerce
websites, which is further expected to aid the growth of teleshopping market in
India.” said Mr. Karan Chechi, Research Director with TechSci Research, a
research based global management consulting firm.
“India Teleshopping Market By Operation
Type, By Category, By Payment Mode, By Source of Order, Competition Forecast
& Opportunities, 2023” has
evaluated the future growth potential of teleshopping market and provides
statistics and information on market structure, size, share and future growth.
The report is intended to provide cutting-edge market intelligence and help
decision makers to take sound investment evaluation. Besides, the report also identifies
and analyzes the emerging trends along with essential drivers, challenges and
opportunities present in India teleshopping market.
About TechSci Research
TechSci Research is a
leading global market research firm publishing premium market research reports.
Serving 700 global clients with more than 600 premium market research studies, TechSci
Research is serving clients across 11 different industrial verticals. TechSci
Research specializes in research based consulting assignments in high growth and
emerging markets, leading technologies and niche applications. Our workforce of
more than 100 fulltime Analysts and Consultants employing innovative research
solutions and tracking global and country specific high growth markets helps
TechSci clients to lead rather than follow market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]