Insights into M Commerce Market and it’s Growth Outlook
M commerce market to grow from $116.12 billion in 2014 to $467.35 billion by 2019, at a Compound Annual Growth Rate (CAGR) of 32.1%.
(EMAILWIRE.COM, June 25, 2018 ) The advancement in wireless technology has increased the number of mobile device users and has augmented the rapid development of E Commerce conducted through these devices. M Commerce is a type of E Commerce transaction, conducted through mobile devices with the help of telecom networks, and other wired or wireless networking technologies. As the number of mobile device users has surpassed the count of PC users the M commerce market is expected to grow even bigger in future. With the addition of features such as information, entertainment, and commerce, Mobile Commerce provides the end users the ability to access Internet from any location and at any time.
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In recent times, the public and private entities have come up with various mobile commerce offerings which include M Retailing, M Billing, M Ticketing or Booking and other M Commerce services. Mobile Commerce enables cross-media integration with a direct linking to the customers through 24 hour connectivity inservice/billing/booking/sales. These applications are beneficial to both small scale and large scale businesses in enabling online transaction with end users irrespective of the time and location. The payment modes such as Near Field Communication (NFC), Wireless Application Protocol (WAP), Premium SMS, and mobile direct carrier billing services are not only strengthening the market but are also boosting it further.
The m commerce market is thriving, and in the coming years, it will provide huge potential opportunities to various M Commerce applications and service providers. In this research report, segments the market into type of transactions, type of payment modes, across various geographical regions such as NA, Europe, APAC, MEA, and LA. Also, the market has been segmented into diverse industry verticals, namely retail, media and entertainment, travel and hospitality and telecom. In terms of type of end-users, MarketsandMarkets has segmented the Market into Smartphone users, and feature phone users.
MarketsandMarkets forecasts the global M commerce market to grow from $116.12 billion in 2014 to $467.35 billion by 2019, at a Compound Annual Growth Rate (CAGR) of 32.1%.
To Know More About M Commerce Market –
https://www.marketsandmarkets.com/Market-Reports/mobile-commerce-market-184.html
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Download Free brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=184
In recent times, the public and private entities have come up with various mobile commerce offerings which include M Retailing, M Billing, M Ticketing or Booking and other M Commerce services. Mobile Commerce enables cross-media integration with a direct linking to the customers through 24 hour connectivity inservice/billing/booking/sales. These applications are beneficial to both small scale and large scale businesses in enabling online transaction with end users irrespective of the time and location. The payment modes such as Near Field Communication (NFC), Wireless Application Protocol (WAP), Premium SMS, and mobile direct carrier billing services are not only strengthening the market but are also boosting it further.
The m commerce market is thriving, and in the coming years, it will provide huge potential opportunities to various M Commerce applications and service providers. In this research report, segments the market into type of transactions, type of payment modes, across various geographical regions such as NA, Europe, APAC, MEA, and LA. Also, the market has been segmented into diverse industry verticals, namely retail, media and entertainment, travel and hospitality and telecom. In terms of type of end-users, MarketsandMarkets has segmented the Market into Smartphone users, and feature phone users.
MarketsandMarkets forecasts the global M commerce market to grow from $116.12 billion in 2014 to $467.35 billion by 2019, at a Compound Annual Growth Rate (CAGR) of 32.1%.
To Know More About M Commerce Market –
https://www.marketsandmarkets.com/Market-Reports/mobile-commerce-market-184.html
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
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Mr. Salgarkar
Tel: 1-888-600-6441
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MarketsandMarkets™
Mr. Salgarkar
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results