E-commerce has been in high demand in recent years, as more and more consumers are turning to online shopping for convenience and ease. The global e-commerce market is forecast to reach $4.9 trillion in value by 2021, according to Statista, and the e-commerce market in India is expected to reach $200 billion in value by 2026, according to a report by KPMG and Google.
The COVID-19 pandemic has also accelerated the shift towards online shopping, as many consumers have turned to e-commerce as a way to shop safely and conveniently during lockdowns and other restrictions. This trend is likely to continue even as the pandemic subsides, as many consumers have discovered the convenience of online shopping and may continue to shop online even after in-person shopping options become more widely available.
Overall, it is clear that e-commerce is in high demand, and this trend is likely to continue in the coming years as more and more consumers turn to online shopping.