In 2020, Indian Digital Classifieds could become $1.2 billion Market.
The Digital Classified Industry in India will grow three-fold to become a $1.2 billion market by 2020. Quikr, Quickadnow, Sulekha, OLX are some digital classifieds websites in India. Which provides online classified services in India.
According to Google India Digital classifieds in India will be huge grow by 2020 in many sectors like- Online Services, Real Estate, and Automobiles, even these will make up the only 30% of the total market share of digital classifieds.
Google Trends reveals that local searches of these categories have grown by four times in the last four years led by cities such as Pune, Ahmedabad, Chandigarh, Kochi, Indore and Jaipur.
Classified on real estate is targeted to grow four times, while online services are targeted to grow seven times including auto rentals, relocation services, and home services like beauty services, repair etc.
The online job market is expected to double by 2020 with 63% consumers accessing jobs listed on digital classifieds. Bengaluru, Delhi, Mumbai and Hyderabad are the top cities for online job searches.
Digital classifieds are spreading fastly in India, Users started buying and selling on classified websites, classifieds websites are the platform between buyers and sellers, on that platform people can exchange goods and services and promote their business online.
By the time it will be the greate platform in India.
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