Mobile Commerce Market will grow at 24.41% CAGR during 2019 – 2023 | Analysis by Top Key Players - Ericsson, Gemalto, Google, IBM, Mastercard, Mopay AG, Oxygen8, Paypal, SAP AG, Visa

Marketprognosis.com Publish a New Market Research Report On “Global Mobile Commerce Market 2019 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Mobile Commerce Market:

The Global Mobile Commerce Market is expected to register a CAGR of 24.41%, during the forecast period (2018 - 2023).

The scope of the report is limited to Transaction Types offered by major players, which involves M Retailing, M Ticketing/Booking, M-billing. While the Payment Modes considered in the scope of the report include Near Field Communication (NFC), Premium SMS, Wireless Application Protocol (WAP), Direct Carrier Billing.

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Growth of Smartphones and Internet Penetration Drive the Growth Of M-commerce; The overall structure of the IT industry is being reorganized, and competition in the industry is being expanded and diversified. The introduction of smartphones has spurred the creation of limitless IT-related markets such as the e-book, tablet PC, and net book markets. The growing internet penetration among many developing countries is also one of the prime factors for the growth of the market.

Payment by SMS is One of the Earliest Modes of Payment; Premium SMS has been fueled by the evolution in Mobile Media. The use of premium messages has also been seen for collecting donations or funds from a target group. This is a very simple and specific payment method. Nonetheless is very lucrative for both the Telco’s and mobile content vendors. Depending on their cooperation agreements, the revenues can be shared as high as by 50%. SMS has recently been deployed in many countries as an access to m-wallets too. M-wallets initially require registration at the providing company and then funds are prepaid into these accounts.

North America is one of the highest Market for m-commerce; M-Commerce is thought to be the next big phase in technology involvement following the Ecommerce era. However, its adoption and level of use is low in the United States compared to other nations such as Sweden and Japan. Many major players are also present in United States and the region has high internet penetration rates, which aid to the growth of this trend. The growth of smartphones and other technology, such as wearables has also been a contributing factor for the growth of smartphones on the region. On the contrary there has been a growth in the number of cyber-attacks in the region, which could slow the growth of m-commerce in the region.

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Major Key Players:

1 Ericsson

2 Gemalto

3 Google Inc.

4 IBM Corp.

5 Mastercard Inc.

6 Mopay AG

7 Oxygen8

8 Paypal

9 SAP AG

10 Visa Inc. and More…………..

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This study answers to the below key questions:

1 What are the key market trends?

2 What will the market size be in 2023 and what will the growth rate be?

3 What are the strengths and weaknesses of the key vendors?

4 Who are the key vendors in this market space?

5 What is driving this market?

6 What are the market opportunities and threats faced by the key vendors?

7 What are the challenges to market growth?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Mobile Commerce Market.

Table of Contents:

1 Introduction

2 Executive Summary

3 Mobile Commerce Market Overview

4 Mobile Commerce Market Dynamics

5 Mobile Commerce Market Segmentation

6 Vendor Market Share

7 Company Profiles

8 Investment Analysis

9 Future of the Market

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