As per the recent report by PwC India and NASSCOM, titled ‘Propelling India towards global leadership in e-commerce’, the current Indian ecommerce market of $35 Bn is expected to grow at 25% in the next five years.
The report also states that ecommerce can potentially create 1 million+ jobs by 2023. Ecommerce is expected to not just create regular corporate jobs but also increase employment in allied industries like logistics and warehousing.
It further states that -tail and e-travel will continue to hold over 90 percent share of e-commerce, while online financial services will witness the fastest growth.
Around 0.1 million core jobs will focus on ecommerce technology, such as algorithms and the development of interfaces.
The share of these skills is expected to increase further by 2022.