Looking ahead, IMARC Group expects the global mobile commerce market to grow at a CAGR of around 34% during 2021-2026.
SHERIDAN, WYOMING, UNITED STATES, October 12, 2021 /EINPresswire.com/ – According to the latest IMARC Group report, entitled “Mobile commerce market size: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026 “, the global mobile commerce market has shown robust growth during the period 2015-2020. Mobile commerce or m-commerce refers to the purchase and sale of goods and services through the use of wireless electronic devices such as smartphones, tablets and handheld computers. This is a subset of electronic commerce that enables users to access online shopping platforms without using desktops. Mobile commerce platforms offer in-app purchases, mobile banking and virtual marketplaces using various mobile applications, such as Apple Pay, Android Pay and Samsung Pay. It also allows businesses and individuals to conduct their business over the Internet.
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The global mobile commerce market is primarily driven by the increasing penetration of internet-connected devices such as smartphones and tablets. In addition to this, m-commerce offers various benefits, such as reducing overhead costs and increasing the efficiency of transactions by eliminating the need for physical presence and intermediaries. In addition, mobile commerce is also gaining more and more ground around the world with the onset of coronavirus disease (COVID-19) as governments in several countries take initiatives to promote digital or non-digital payment methods. numerary. In addition, advancements in mobile technology and growing awareness of mobile applications and services are expected to fuel the growth of the market in the coming years. Looking ahead, IMARC Group expects the global mobile commerce market to grow at a CAGR of around 34% during 2021-2026.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously monitoring changes in the markets, as well as the industrial behaviors of consumers around the world and our estimates on the latest market trends and forecasts are made afterwards. examining the impact of this pandemic.
Competitive landscape with key players:
Market segmentation :
Breakdown by type of transaction:
Breakdown by payment method:
Near Field Communication (NFC)
Wireless Application Protocol (WAP)
Breakdown by user type:
Smart device users
Feature phone users
Breakdown 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)
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Highlights of the report:
Market performance (2015-2020)
Market Outlook (2021-2026)
Market drivers and success factors
The impact of COVID-19 on the global market
Value chain analysis
Global market structure
Complete 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 part of the customization.
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