The Internet and Mobile Association of India (IAMAI) has published a report on digital commerce.
As per the report the Indian digital commerce market is expected to increase from 473.49 billion in December 2012 to touch Rs 629.67 billion by end 2013, registering a growth of 33 per cent.
Financial services which include services like paying insurance premiums and renewals, paying utility and mobile bills had a market share of 6 per cent. In 2012, the financial services commanded revenues of Rs 28.86 billion. The segment is expected to grow by 25 per cent and net in revenues of Rs 36.07 billion by the end of the year 2013. The report indicates that the classified market is expected to increase revenues from Rs 23.54 billion in 2012 to Rs 30.61 in 2013.
