1 hr ago

India’s Live Commerce Shows Promise Despite Conversion and Scale Challenges

India’s Live Commerce Shows Promise Despite Conversion and Scale Challenges
Lights, camera, transaction · financialexpress.com

Live commerce means watching something online and buying products or services without leaving the video or app.

JioHotstar recently worked with Swiggy so people could order food while watching live cricket.

The feature reached 37 million users in more than 690 cities.

Experts believe this is convenient because viewers do not need to switch between apps.

They also say live videos can make products easier to understand because a real person demonstrates them.

Fashion and beauty are especially important areas for this type of shopping.

India’s live commerce market is growing quickly, but it is still not an everyday habit for most shoppers.

Different languages, many platforms and small order sizes make the market difficult to manage.

Experts say better technology, creator partnerships and measurement could help it grow.

Key facts

JioHotstar-Swiggy reach
The integrated food-ordering feature served 37 million users across more than 690 cities.
Indian creators
A Boston Consulting Group report estimates that India has 2 million to 2.5 million creators influencing $350 billion to $400 billion in annual spending.
E-retail shoppers
India has an estimated 280 million to 300 million e-retail shoppers.
2024 market revenue
India’s live-commerce market generated approximately $4.82 billion in 2024.
Projected growth
The market is projected to grow at a 46% compound annual growth rate through the early 2030s and exceed $140 billion by 2033.
Leading category
Fashion and apparel are described as India’s largest live-commerce category.
Key challenges
Fragmented platforms, regional languages, low average order values, split platform behavior and difficulty converting engagement into recurring revenue hinder growth.

Quotes

Viren Vesuwala

Lead for strategic partnerships and alliances at White Rivers Media

“Consumers expect to participate, interact and act on their interests without stepping away from the content. In-app commerce is part of this shift, and its value lies in making the experience more convenient for the consumer.”
financialexpress.com
“The driver isn’t the livestream format itself, but rather India’s fast-growing creator economy and a shopper who still trusts a person demonstrating a product more than a page of reviews”
financialexpress.com

Sources

Related news