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Data tracker: Digital transactions to hit $100 billion by 2020, says report

There will be 2.5x women shoppers and 3x older shoppers (35+ years) compared to today

Data tracker: Digital transactions to hit $100 billion by 2020, says report
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Companies were classified into nurture, breakout, execution and leadership zones, based on various competencies

Business Standard
Even as the number of Indians going online multiplies manifold, the rate at which users are adapting to digital transactions, or the frequency with which they are shopping online is still low. A BCG-Google report, Digital consumer spending in India, says that digital transactions could triple from $40 billion to around $100 billion by 2020. Also it says a significant number of new users will come from non-tier-1 cities, women and older consumers.

Low digital transactions

Adoption lags far behind China, USA across categories

Only 1 in 5 internet users in India buy products online compared to 4 in 5 for US and