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TRENDS IN E- commerce

TOURISM SECTOR
• Tourism industry contributes to 9% of the global GDP and offers one
from every 11 jobs. In addition, the number of tourists have doubled
over the past 20 years and a propelling growth is expected in coming
few years among all market segments. Tourism industry has an
intense potential to grow and generate revenues
GOVERNENT SECTOR
1. Tourism industry contributes to 9% of the global GDP and
offers one from every 11 jobs. In addition, the number of
tourists have doubled over the past 20 years and a propelling
growth is expected in coming few years among all market
segments. Tourism industry has an intense potential to grow
and generate revenues
2. Building resilience: Focus on long-term resiliency to future
shocks
3. Connected for greater value: Overhaul and integration of
structures, systems, and data-sharing to drive greater impact
4. Government for all the people: Making programs and
services truly equitable and inclusive.
EDUCATION SECTOR
E-Commerce can be beneficial in education by making knowledge and products easily
accessible for the people, but at the same time, there are some challenges too.
Integrating e-commerce in the educational field is a nice idea but one has to know
the above-mentioned points before taking any step.
RETAIL SECTOR

• The retail industry consists of all companies that sell


goods and services to consumers. There are many
different retail sales and store types worldwide, including
grocery, convenience, discounts, independents, department
stores, DIY, electrical and speciality.
BANKING SECTOR
• The largest and the oldest bank which is still in existence is the State
Bank of India (SBI). It originated and started working as the Bank of
Calcutta in mid-June 1806. In 1809, it was renamed as the Bank of
Bengal. This was one of the three banks founded by a presidency
government, the other two were the Bank of Bombay in 1840 and
the Bank of Madras in 1843. The three banks were merged in 1921 to
form the Imperial Bank of India, which upon India's independence,
became the State Bank of India in 1955. For many years, the
presidency banks had acted as quasi-central banks, as did their
successors, until the Reserve Bank of India[5] was established in 1935,
under the Reserve Bank of India Act, 1934.[6][7]
INSURANCE SECTOR

The insurance sector is made up of companies that offer risk


management in the form of insurance contracts. The basic concept of
insurance is that one party, the insurer, will guarantee payment for an
uncertain future event. Meanwhile, another party, the insured or the
policyholder, pays a smaller premium to the insurer in exchange for
that protection on that uncertain future occurrence

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