The growth of mobile commerce is fueled by several key drivers that reflect its dynamic nature and ability to meet evolving consumer needs and technological advancements. Omni-channel retailing strategies, which blend in-store and online shopping experiences, rely heavily on mobile devices to bridge the gap between these two platforms, enhancing customer engagement and loyalty. Furthermore, the rollout of 5G technology is expected to significantly improve the functionality of mobile commerce applications by enabling faster, more reliable internet connections. This development will support more complex and data-intensive applications, improving the overall user experience in mobile shopping. Additionally, environmental sustainability concerns are influencing consumer preferences, with more people choosing brands that align with eco-friendly practices, which mobile commerce can support by reducing the need for physical retail infrastructure. The integration of mobile commerce with IoT devices, advancements in mobile security, and the rising influence of digital-native demographics like Millennials and Gen Z further highlight the expanding scope and potential of m-commerce. These factors collectively drive innovation and growth in the mobile commerce sector, emphasizing its increasing importance in the global retail ecosystem and underscoring the necessity for businesses to adapt to this mobile-driven world to remain competitive and relevant.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the M Retailing segment, which is expected to reach US$1.3 Trillion by 2030 with a CAGR of a 24.7%. The M Billing segment is also set to grow at 21.2% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $144.0 Billion in 2023, and China, forecasted to grow at an impressive 33.5% CAGR to reach $727.9 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global M-Commerce Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global M-Commerce Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global M-Commerce Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Alibaba Group, Amazon.com, Inc., Apple Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 68 Featured):
- Alibaba Group
- Amazon.com, Inc.
- Apple Inc.
- Branding Brand
- eBay Inc.
- Evine Live Inc.
- Fandango Inc.
- IBM Corp.
- Moovweb Intergalactic
- Netbiscuits
- Otto Group
- PayPal Holdings Inc.
- Phunware Inc.
- QVC Inc.
- Sevenval Technologies GmbH
- SiteMinis Inc.
- Skava
- Target Corporation
- Unbound Commerce
- Usablenet Inc.
- VeriFone Systems Inc.
- Wal-Mart Stores Inc.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Alibaba Group
- Amazon.com, Inc.
- Apple Inc.
- Branding Brand
- eBay Inc.
- Evine Live Inc.
- Fandango Inc.
- IBM Corp.
- Moovweb Intergalactic
- Netbiscuits
- Otto Group
- PayPal Holdings Inc.
- Phunware Inc.
- QVC Inc.
- Sevenval Technologies GmbH
- SiteMinis Inc.
- Skava
- Target Corporation
- Unbound Commerce
- Usablenet Inc.
- VeriFone Systems Inc.
- Wal-Mart Stores Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 286 |
Published | October 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 538.9 Billion |
Forecasted Market Value ( USD | $ 2400 Billion |
Compound Annual Growth Rate | 24.0% |
Regions Covered | Global |