Press release
Mobile Commerce Market Size, Share, Trends & Forecast 2022-27
Mobile Commerce Market
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The increasing proliferation of wireless handheld devices has augmented the global market for M-commerce. Furthermore, the rising utilization of M-commerce solutions has enabled consumers to make mobile-based payments through digital wallets and online payment gateways. Additionally, the growing awareness towards several benefits of M-commerce, including contactless payments, elimination of card swiping and manual entry, minimal human errors, smoother checkout experience, etc., is also propelling the market growth. Moreover, the rising integration of mobile and wearable devices with several safety features, such as biometrics authentication, facial recognition, etc., will continue to further drive the global market for mobile commerce in the coming years. Looking forward, IMARC Group expects the global mobile commerce market to reach US$ 4,711.9 Billion by 2027, exhibiting a CAGR of 33.4% during 2022-2027.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
com Inc
Apple Inc.
ASOS
eBay
Ericsson Inc.
Gemalto
IBM
Mastercard Inc.
Mopay
Netflix
PayPal
SAP
Visa
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
Breakup by Region:
North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/mobile-commerce-market
Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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