Mobile Commerce Market Growing Massively by 2021-2026 Major Players: Amazon.com Inc, Apple Inc., ASOS, eBay, Ericsson Inc., Gemalto, Google

The Global Mobile Commerce Market Research Report Forecast 2021 – 2026 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The report also takes into account the impact of the novel COVID-19 pandemic on the Mobile Commerce market and offers a clear assessment of the projected market fluctuations during the forecast period. The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehend Mobile Commerce data that enhances the understanding, scope, and application of this report.

The global mobile commerce market reached a value of US$ 628 Billion in 2020. Looking forward, expects the market to grow at a CAGR of around 34% during 2021-2026.

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The study includes market share analysis and profiles of players such as- Amazon.com Inc, Apple Inc., ASOS, eBay, Ericsson Inc., Gemalto, Google, IBM, Mastercard Inc., Mopay, Netflix, PayPal, SAP, Visa.

Market Overview:

Mobile commerce, or m-commerce, is a subset of e-commerce that refers to the use of wireless handheld devices for conducting commercial transactions online. It comprises mobile banking, in-app purchases, virtual marketplace apps, such as the Amazon mobile app, and digital wallets like Google Pay, Apple Pay, and Samsung Pay. It utilizes wireless devices, like cellphones, smartphones, smartwatches, and tablets, to authorize, initiate, and confirm the exchange of money. This is facilitated by the availability of point-of-sale (POS) terminals that process transactions using nearfield communications or the internet.

The increasing usage of wireless handheld devices that offer enhanced security, convenience and easy access to the internet has encouraged tech-savvy consumers to make mobile-based payments through digital wallets and online payment gateways. These methods enable buyers to make contactless payments, thereby eliminating card swiping and manual entry, which helps in reducing human error and facilitating a smoother checkout experience. This trend has further been facilitated by the introduction of multiple safety features in mobile and wearable devices, including biometrics authentication such as fingerprint and facial recognition, which have made mobile payments more secure. Moreover, many service providers are collaborating with mobile operators to offer advanced payment solutions. Along with this, governments of various countries are undertaking initiatives to promote digital payment methods, which is providing a positive impact on market growth. Furthermore, the rising trend of bring-your-own-device (BYOD) and growing broadband connectivity are among the other factors stimulating the growth of the industry.

Key Market Segmentation:

Breakup by Transaction Type:

M-Retailing
M-Ticketing
M-Billing
Others

Breakup by Payment Mode:

Near Field Communication (NFC)
Premium SMS
Wireless Application Protocol (WAP)
Others

Breakup by Type of User:

Smart Device Users
Feature Phone Users

Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Mobile Commerce market.

The regional analysis is exclusively focused in the report:

- North America (United States, Canada and Mexico),

- Europe (Germany, France, UK, Russia and Italy),

- Asia-Pacific (China, Japan, Korea, India and Southeast Asia),

- South America (Brazil, Argentina, etc.),

- Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)

Browse the report description and TOC: 

https://www.marketinsightsreports.com/reports/09083238648/mobile-commerce-market-global-industry-trends-share-size-growth-opportunity-and-forecast-2021-2026?Mode=28      

The study objectives of this report are:

To study and analyze the global Mobile Commerce size (value and volume) by the company, key regions/countries, products and application, history data from 2020 to 2026, and forecast to 2026.
To understand the structure of Mobile Commerce by identifying its various sub-segments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Mobile Commerce manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
To analyze the Mobile Commerce with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Mobile Commerce submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Major Points Covered in Table of Contents:

– Overview of Mobile Commerce Market
– Global Market Status and Forecast by Regions
– Global Market Status and Forecast by Types
– Global Market Status and Forecast by Downstream Industry
– Market Driving Factor Analysis
– Market Competition Status by Major Manufacturers
– Major Manufacturers Introduction and Market Data
– Upstream and Downstream Market Analysis
– Cost and Gross Margin Analysis
– Marketing Status Analysis
– Market Report Conclusion
– Research Methodology and Reference

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Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

This release was published on openPR.