Posted By Coherent Market Insights
Posted on September 20, 2021
United States/WA: Market Will Boom In Near Future
Report Pages:[130 Pages]
The Competitive Area of the Asia Teleshopping Market is Defined by Key Players Like–ShopChannel, China Shopping Network, Network18 (Homeshop18), Shop CJ, Naaptol, Zee Media Corporation Ltd., Telebrands Corp.
Asia Teleshopping Market by Product Type (Consumer Electronics, Apparel & Accessories, Personal Care & Healthcare, and Home Furnishings), by Operation Type (Dedicated Channels and Infomercials), by Payment Methods (Cash on Delivery, Net banking, Mobile Wallet, and Debit and Credit Card), and by Region (North America, South America, Europe, Asia Pacific, Middle East and Africa) – Size, Share, Outlook, and Opportunity Analysis.
The Asia teleshopping market is estimated to be valued at US$ XX million in XXX and is expected to exhibit a CAGR of XX% over the forecast period (2018-2026), as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Teleshopping refers to the activity of buying products and services via phone or the Internet in response to advertising on television. A wide variety of products and services, such as home consumer electronics, apparel, accessories, personal care products, healthcare products, etc. can be purchased with the help of teleshopping. In Asia, teleshopping has become so popular that many small, medium and large companies look to sell their products and services online, and this has resulted in a huge increase in the number of companies on the World Wide Web.
The main advantage of teleshopping is the convenience of the customer. The customer can buy the product without meeting the seller, and can make payment through debit or credit cards. This saves valuable time, effort, and money.
Key Market Drivers:
Increasing penetration of smartphones and increasing number of Internet users, especially in India, is expected to drive growth of the Asia teleshopping market during the forecast period. According to the India Brand Equity Foundation (IBEF), with growing internet penetration, internet users in India are expected to increase from 429.23 million as of September 2017 to 829 million by 2021.
Moreover, increasing number of websites and mobile applications for teleshopping and the availability of multiple payment options is expected to fuel growth of the Asia teleshopping market. For instance, in February 2018, Asia’s first price drop shopping app Doropu launched in Singapore. Launched in Malaysia, then in Singapore, the app has sold more than 50,000 products in a year.
Request a sample copy of the report to understand the structure of the complete report:
https://www.coherentmarketinsights.com/insight/request-sample/618
COVID-19 Impact Analysis:
The pandemic has accelerated the shift towards a more digital world and triggered changes in online shopping behaviors that are likely to have lasting effects. Online retail highlights from the last year showcase retail’s (2020) pivot to cater to at-home shoppers. The pandemic has forced people to make their purchases online as many retail outlets worldwide are either closed due to lockdown measures or have limited capacities to maintain social distancing. Moreover, the use of smartphones for online shopping has increased during the pandemic. This in turn is expected to augment the growth of the Asia teleshopping market.
Key Takeaways:
- The Asia teleshopping market is expected to exhibit a CAGR of XX % during the forecast period due to the presence of dedicated channels for teleshopping. For instance, in July 2021, EbixCash Private Limited announced that India’s leading teleshopping and one stop online shop, Naaptol, has selected EbixCash’s BPO Division to manage its customer care operations for the Eastern region of India. The deal involves EbixCash deploying a number of centers across India to optimize and manage Naaptol’s Customer Care Operations.
- Among countries, India is expected to witness a strong growth in the Asia teleshopping market, owing to the increasing number of smartphone and Internet users. For instance, according to IBEF, India is expected to have 829 million smartphone users by 2022.
Go Through Our Trusted Clients List: https://www.coherentmarketinsights.com/trusted-by
People Also Search For Following Reports:
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]
The post [PDF] Asia Teleshopping Market to Growth with Growing Smartphone & Internet Penetration appeared first on Gatorledger.
United States/WA: Market Will Boom In Near Future
Report Pages:[130 Pages]
The Competitive Area of the Asia Teleshopping Market is Defined by Key Players Like–ShopChannel, China Shopping Network, Network18 (Homeshop18), Shop CJ, Naaptol, Zee Media Corporation Ltd., Telebrands Corp.
Asia Teleshopping Market by Product Type (Consumer Electronics, Apparel & Accessories, Personal Care & Healthcare, and Home Furnishings), by Operation Type (Dedicated Channels and Infomercials), by Payment Methods (Cash on Delivery, Net banking, Mobile Wallet, and Debit and Credit Card), and by Region (North America, South America, Europe, Asia Pacific, Middle East and Africa) – Size, Share, Outlook, and Opportunity Analysis.
The Asia teleshopping market is estimated to be valued at US$ XX million in XXX and is expected to exhibit a CAGR of XX% over the forecast period (2018-2026), as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Teleshopping refers to the activity of buying products and services via phone or the Internet in response to advertising on television. A wide variety of products and services, such as home consumer electronics, apparel, accessories, personal care products, healthcare products, etc. can be purchased with the help of teleshopping. In Asia, teleshopping has become so popular that many small, medium and large companies look to sell their products and services online, and this has resulted in a huge increase in the number of companies on the World Wide Web.
The main advantage of teleshopping is the convenience of the customer. The customer can buy the product without meeting the seller, and can make payment through debit or credit cards. This saves valuable time, effort, and money.
Key Market Drivers:
Increasing penetration of smartphones and increasing number of Internet users, especially in India, is expected to drive growth of the Asia teleshopping market during the forecast period. According to the India Brand Equity Foundation (IBEF), with growing internet penetration, internet users in India are expected to increase from 429.23 million as of September 2017 to 829 million by 2021.
Moreover, increasing number of websites and mobile applications for teleshopping and the availability of multiple payment options is expected to fuel growth of the Asia teleshopping market. For instance, in February 2018, Asia’s first price drop shopping app Doropu launched in Singapore. Launched in Malaysia, then in Singapore, the app has sold more than 50,000 products in a year.
Request a sample copy of the report to understand the structure of the complete report:
https://www.coherentmarketinsights.com/insight/request-sample/618
COVID-19 Impact Analysis:
The pandemic has accelerated the shift towards a more digital world and triggered changes in online shopping behaviors that are likely to have lasting effects. Online retail highlights from the last year showcase retail’s (2020) pivot to cater to at-home shoppers. The pandemic has forced people to make their purchases online as many retail outlets worldwide are either closed due to lockdown measures or have limited capacities to maintain social distancing. Moreover, the use of smartphones for online shopping has increased during the pandemic. This in turn is expected to augment the growth of the Asia teleshopping market.
Key Takeaways:
- The Asia teleshopping market is expected to exhibit a CAGR of XX % during the forecast period due to the presence of dedicated channels for teleshopping. For instance, in July 2021, EbixCash Private Limited announced that India’s leading teleshopping and one stop online shop, Naaptol, has selected EbixCash’s BPO Division to manage its customer care operations for the Eastern region of India. The deal involves EbixCash deploying a number of centers across India to optimize and manage Naaptol’s Customer Care Operations.
- Among countries, India is expected to witness a strong growth in the Asia teleshopping market, owing to the increasing number of smartphone and Internet users. For instance, according to IBEF, India is expected to have 829 million smartphone users by 2022.
Go Through Our Trusted Clients List: https://www.coherentmarketinsights.com/trusted-by
People Also Search For Following Reports:
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]
The post [PDF] Asia Teleshopping Market to Growth with Growing Smartphone & Internet Penetration appeared first on Gatorledger.
