M-Commerce Global Market to Reach $2.4 Trillion by 2030: M-Commerce to Become the Core Aspect of Marketing Strategies

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Feb 22, 2023, 20:30 ET

DUBLIN, Feb. 22, 2023 /PRNewswire/ -- The "M-Commerce: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for M-Commerce estimated at US$422.1 Billion in the year 2022, is projected to reach a revised size of US$2.4 Trillion by 2030, growing at a CAGR of 24.5% over the analysis period 2022-2030.

M Retailing, one of the segments analyzed in the report, is projected to record a 25.2% CAGR and reach US$1.3 Trillion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the M Billing segment is readjusted to a revised 21.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $115 Billion, While China is Forecast to Grow at 33.8% CAGR

The M-Commerce market in the U.S. is estimated at US$115 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$727.9 Billion by the year 2030 trailing a CAGR of 33.8% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.5% and 21% respectively over the 2022-2030 period.

Within Europe, Germany is forecast to grow at approximately 19.5% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$370.3 Billion by the year 2030.

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.

What's New for 2023?

Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Influencer Market Insights
World Market Trajectories
Mobile Communications Industry: A Prelude
Key Milestones in Telecom Industry
Recent Market Activity
M-Commerce Brings Mobile Transactional Services into Spotlight
Growth Drivers in a Nutshell
China at the Forefront of Growth in M-Commerce Market
Rapid Growth of E-Commerce Market: Positive Implications for M-Commerce Market
M-Commerce - Global Key Competitors Percentage Market Share in 2022 (E)
Impact of Covid-19 and a Looming Global Recession
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Increasing Penetration of Mobile Phones: A Strong Growth Driver
Changing Consumer Mobile Usage Habits Encourage Market Growth
Increasing Proliferation of Smartphones: A Strong Growth Driver for M-Commerce
Spiraling Mobile Broadband Subscriptions Augurs Well for Market Expansion
Growing Penetration of 4G LTE Network Technology: An Opportunity for M-Commerce Market
M-Commerce to Become the Core Aspect of Marketing Strategies
User Engagement Remains the Focal Point
Mobile Apps Emerge as the Preferred Form of M-Commerce
Select Mobile Applications for M-Commerce
Rising Significance of Progressive Web Apps for Retailers and Brands
Technology Advancements Augur Well for M-Commerce Market
Innovations in Payment Technologies Benefits Market Performance
Latest Technologies Set to Transform M-Commerce Market
M-Commerce Market
Location-Based Marketing
Mobile Retargeting
Virtual Reality and Augmented Reality on Mobile
Mobile SEO
AI, Chatbots, and Shopping Assistants
Internet of Things (IoT)
Mobile Image Recognition (MIR) Technology
Personalized Push Notifications
Near Field Communication (NFC) Technology
Analytics Tools and Predictive Technologies
Trends Transforming the Smartphone-based Shopping Market
Mobile AR Applications: A Key Enabler of M-Commerce
Strong Growth Projected for Mobile AR in Virtual Product Display Applications
Rising Investments in AR for Mobile Marketing and Brand Building Augurs Well for the Market
Technology Advancements Enable Seamless Convergence of Mobile AR and M-Commerce
AI Technology Presents Tremendous Potential for Innovation in M-Commerce Market
Chatbots
Visual Search and Listen
Consumer Insights
Recommendation Engines
M-Commerce Payments Market: Riding on the Success of M-Commerce Market
Biometrics Make Inroads into the M-Commerce Market
Biometric Payment Cards: Providing Additional Security
Location-Based Services: Significant Opportunity for M-Commerce Service Providers
Post-Purchase M-Commerce: A New User Engagement Tool
SoLoMo: The New Buzzword
Cloud: The New Paradigm for M-Commerce
Mobile Banking: An Intensifying Mobile Data Traffic Stream
Mobile Payments: A Large Revenue Generator
Consumer Desire for Convenience in POS Payments Drives Adoption of NFC-Based Mobile Wallets
Mobile Money Flourishes in Developing Countries
Growth Drivers in the Mobile Money Market
Growing Prominence of Mobile Advertising Favors the M-Commerce Market
Mobile Advertising In a Nutshell
Mobile Ticketing on the Rise
Favorable Demographic & Economic Trends Strengthens Market Prospects
Millennials Emerge as a Lucrative Demographic Segment for M-Commerce Market
Global Millennial Population Facts & Figures: Important Opportunity Indicators
Women Dominate the M-Commerce Marketplace
Service Affordability: A Key Factor Driving Growth
Data Privacy and Security: A Major Concern
Rising Popularity of Mobile Commerce Threatens Traditional Retailers

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/iinmvv-commerce?w=5

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