This report analyzes the worldwide markets for M-Commerce in US$ Million. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, China, Asia-Pacific, Latin America, and Rest of World. Annual estimates and forecasts are provided for the period 2015 through 2024. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs. The report profiles 64 companies including many key and niche players such as Alibaba Group, Amazon.com, Inc., Apple, Inc., Branding Brand, Evine Live, Inc., and eBay, Inc.
2. Increasing Penetration of
Smartphones, Expanding
Coverage of High-Speed Mobile
Networks and Ease and
Convenience of Mobile Devices for
Online Purchases Drive Growth in
Global M-Commerce Market
Read More
3.
4. The global mCommerce market is driven by continuous advancements in mobile internet speed and bandwidth
with the roll out of 4G/LTE; falling data tariff rates, growing penetration of smartphones and tablets and the use of
the same for online shopping. Some of the benefits of mCommerce driving its appeal among urban consumers in
developing consumerist economies include unrivalled user convenience; faster buying processes; higher levels of
interactivity; availability of attractive loyalty and reward programs exclusively for mobile purchases; personalized
shopping experiences offered by innovative apps that provide customized content based on user location,
interests, social media profiles and items viewed etc.; and high customer satisfaction and shopping experience.
Also giving mCommerce a major boost is the evolution of faster shopping
apps, launch of intuitive interfaces for mobile browsing, and development of
mobile wallets or digital wallets which have revolutionized the payment
industry, ushering in the era of cashless societies. The ease of payments
offered by mobile wallets has helped double the volume of online B2C retail
transactions. Other technologies playing equal roles in driving growth of
mCommerce include Person-to-Person payments, SIM-based debit &
credit cards, near field communication (NFC) based transactions, and
alternative payment networks. Emerging economies in Latin America and
Asia-Pacific will drive a large chunk of growth in this space in the coming
years. The growth in these markets will be supported by increased
spending among existing digital buyers; rapidly digitalizing lifestyles
especially of the growing base of affluent middle class population; rapid
expansion of a wide range from products and services traded and
marketed over the mCommerce platform i.e. apparels, electronics,
groceries, consumers durables to automobiles; reduction in physical
product delivery time and developments in urban logistics. A growing
number of SMBs in developing markets are foraying into the mCommerce
space given the ability of this platform to enable targeting a wider and more
global customer audience than is possible with traditional methods and
better coupled with easy and cost-effective scalability from inventory to
marketing.
6. China Represents the Largest Market
Latin America Ranks as the Fastest Growing Market
7. Company and Industry News & Stories
Rakuten Acquires Curbside, the Mobile
Ordering Technology Company
eBay to Relaunch India Business
Operations Followed by the Sale of its
Stake in Flipkart to Walmart
Francisco Partners to Acquire Verifone
Systems, a World Leader in Payment
and Commerce Solutions
Verifone and Paysafe Ink Agreement in
a Move to Deploy Verifone Connect to
its Network of QSRs and SMBs in the
U.S.
Mashable Collaborates with eBay in a
Move to Provide Mobile Shoppable
Images across the UK and the U.S.
9. Scope & Coverage of Study
Market Analytics
• Market Estimates and Forecasts for
2015-2024
• Geographic Regions Covered: US,
Canada, Japan, Europe (France,
Germany, Italy, UK, Spain, Russia and
Rest of Europe), China, Asia-Pacific
(India, South Korea and Rest of Asia-
Pacific), Latin America (Brazil, Mexico
and Rest of Latin America), Rest of
World
Research Deliverables
• Analysis of Market Structure, Trends &
Drivers
• Latent Demand Forecasts &
Projections
• Comprehensive Geographic Market
Analysis
• Presentation Ready Facts & Statistical
Data Findings
• Coverage of Major/Niche Players,
Market Shares & Competition
• Coverage of Major Company/
Technology/Product/Stories
• Extensive Product/Service/End-Use/
Technology Coverage Wherever
Applicable
Competitive Intelligence
64 major and niche players
covered
View Full Report Table of Contents
10. The research report titled `“M-Commerce: A Global Strategic
Business Report” published by Global Industry Analysts, Inc.,
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