Press release
Mobile Commerce Market : Trends, Opportunities and Industry Projections 2021-2031
The global mobile commerce market is expected to witness massive growth during the forecast period (2021 to 2031). The growth of mobile commerce is directly related to how individuals access the internet. As smartphones become more affordable and high-speed internet is no longer a premium infrastructure in many countries, users are increasingly opting for smaller gadgets for internet browsing. As a result, many companies are embracing mobile commerce on top of existing e-commerce platforms.View Report @ https://www.transparencymarketresearch.com/Mobile-Commerce-Market.html
Smartphones are becoming a common part of everyday life. According to a DataReportal study, there were 5.22 billion unique mobile phone users worldwide in 2021. This equates to two-thirds of the world's population. Approximately 80% of these 5.22 billion people have access to the internet. The majority of the demand comes from China, India, and the United States. Each smartphone owner is a prospective m-commerce user. Thus, there will be a massive demand for m-commerce during the projection period.
The global mobile commerce market has low barrier entry due to the increasing use of digitalization, e-commerce, and m-commerce, which causes people to use these mediums more frequently, providing an enormous opportunity for businesses to enter the market through technological innovation and developments.
Want to know the obstructions to your company's growth in future? Request a Sample @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=743
Some of the major players in the global mobile commerce market include Google Inc., Ericsson, Amazon.com Inc, IBM Corporation, Gemalto (Thales Company), Apple Inc., Visa Inc., Mastercard Inc., Paypal Holding, and SAP SE.
The overall structure of the IT industry is being reformed, and competition is being increased and varied. The arrival of smartphones has resulted in the formation of numerous IT-related markets, such as the e-book, tablet PC, and notebook markets. The increasing demand for and high penetration of smartphones around the world have prompted users to place a greater emphasis on mobile-based payments and transactions using mobile wallets, which are expected to have a favorable impact on the mobile commerce market. These methods allow purchasers to make contactless payments, which eliminates card swiping and manual entry, decreasing human error and promoting a more seamless checkout experience. During the COVID-19 pandemic, such features encouraged the adoption of mobile commerce.
Furthermore, several service providers are working with mobile operators to develop advanced payment solutions. Along with this, governments in various nations are launching measures to promote digital payment methods, which are projected to boost the mobile commerce market.
Looking For Regional Analysis or Competitive Landscape in This Market, Ask For A Customized Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=743
Moreover, the increasing internet penetration in many developing nations is projected to be one of the key reasons driving the mobile commerce market. As per Internet World Stats, the number of internet users worldwide increased from 2,802 million to 4,383 million from 2013 to 2019 due to increased smartphone adoption. Mobile technology has increased internet adoption, strengthening the mobile commerce market by making it available from anywhere on the globe. This will help improve m-commerce, which will positively impact mobile commerce market growth.
About Transparency Market Research
Transparency Market Research registered at Wilmington, Delaware, United States, is a global market research firm that offers market analysis reports and business consulting. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
For More Research Insights on Leading Industries, Visit our YouTube channel -
https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ
Contact Us:
Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Mobile Commerce Market : Trends, Opportunities and Industry Projections 2021-2031 here
News-ID: 2762781 • Views: …
More Releases from TMR
Emerging Opportunities in Logistics Market with Current Trends Analysis
The global Logistics market is estimated to attain a valuation of US$ 15,273.21 Bn by the end of 2027, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 4.5% during the forecast period, 2019-2027.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of the…
Energy Measurement IC Market is expected to reach US$ 8.39 Bn by the end of 2031
According to a Transparency Market Research (TMR) research report, the global energy measurement ic market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 8.39 Bn by the end of 2031.
The study on the energy measurement ic market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The…
STATCOM UPS Market to Register Double Digit Growth Rate of 16% CAGR by 2024
Over the last decade, rising number of industries and utilities are opting for static synchronous compensator or STATCOM UPS instead of static VAR compensator or SVC UPS. Low harmonic emission coupled with high speed of response is accentuating the expansion of India STATCOM UPS market now and in times to come. Playing a crucial role in voltage control and compensation of reactive power, STATCOM UPS is likely to keep its…
Thin Wafer Processing and Dicing Equipment Market US$692.5 mn by 2024 - TMR
Transparency Market Research (TMR) estimates that the global thin wafer processing and dicing equipment market has a highly consolidative landscape. Disco Corp. accounted for largest share of 56.4% in 2015 and likely to be dominant in the coming years. This is creating monopoly in the thin wafer processing and dicing equipment market in terms of competitive presence. The other key players such as EV Group, Plasma-Therm LLC, Lam Research Corp,…
More Releases for Transparency
transparency market research
The global Custom Antibody Market market is estimated to attain a valuation of US$1 Billion by the end of 2033, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 0.085% during the forecast period, 2023 to 2033.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading…
Transparency Market Research
A belt drive is a type of power transmission device which is a looped belt wound around a pair of pulley so as to transmit power between two or more rotating shafts. Compared to other power transmitting devices, belt drives are more preferred in mechanical industry due to easy installation, numerous speed ratio selections, less power loss and comparative low price. Belt drive protects the rotating machinery from overload fluctuations…
Transparency Market Research
An ultrasonic motor is an electric motor which is driven by the ultrasonic vibration of a component. The stator of the motor is supported by piezoelectric components in ultrasonic frequency range which produces different types of vibrations depending on its arrangement. In other words, ultrasonic motor is a type of electric motor that transforms ultrasonic physical vibrations to linear motion, produced by a piezo-transducer. Ultrasonic motors therefore do not use…
More transparency in Engineering IT
CPO certification helps evaluate openness of IT systems
Digitalization is making openness in the linking of IT solutions increasingly important. The Code of PLM Openness (CPO), developed by the ProSTEP iViP Association, supplies a concrete approach for achieving precisely that. Fraunhofer IAO has now developed an effective certification for companies, which helps them comply with the CPO criteria.
Industrie 4.0 requires intensified collaboration between various tools and systems. Only when…
eDataCenterAnalyzer Increases Transparency in Data Centers
30 June 2016. Walldorf, Germany. – fluid Operations™ AG (fluidOps), a leader in semantic technologies, today launched eDataCenterAnalyzer™, an app that increases transparency in data centers. With the launch of this app and new releases of its Smart Data Platform Information Workbench™ and cloud management app eCloudManager™, the company has set the cornerstone for the future development of its product portfolio.
eDataCenterAnalyzer combines the full functionality of Information Workbench with innovative…
Transparency across the entire process chain
Leitner Spedition implements best4log-x
• Austrian trucking company uses arvato Systems solution
• End-to-end process management provides higher efficiency
(arvato Systems) Gütersloh / Unterpremstätten – Since the beginning of 2015, the Austrian trucking company Leitner Spedition has been working with the best4log-x transport management system. This SAP-based solution from arvato Systems provides an integrated digital information flow and supports mid-sized companies in achieving a transparent process design. Controlling and Reporting have seen a…
