M-Commerce Industry Projected to Grow by $5.1 Trillion During 2020-2027 (COVID-19 Adjusted)

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May 28, 2020, 10:45 ET

DUBLIN, May 28, 2020 /PRNewswire/ -- The "M-Commerce - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis and the looming economic recession, the M-Commerce market worldwide will grow by a projected US$5.1 Trillion, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 23.8%.

M-Commerce, one of the segments analyzed and sized in this study, is forecast to grow at over 23.8% and reach a market size of US$6.6 Trillion by the end of the analysis period. An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The M-Commerce market will be reset to a new normal which going forward in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.

As part of the new emerging geographic scenario, the United States is forecast to readjust to a 17.5% CAGR. Within Europe, the region worst hit by the pandemic, Germany will add over US$188.6 Billion to the region's size over the next 7 to 8 years. In addition, over US$168.4 Billion worth of projected demand in the region will come from Rest of the European markets. In Japan, the M-Commerce segment will reach a market size of US$273.9 Billion by the close of the analysis period.

Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the M-Commerce market. Against this backdrop and the changing geopolitical, business and consumer sentiments, the world's second largest economy will grow at 27.5% over the next couple of years and add approximately US$849.6 Billion in terms of addressable market opportunity.

Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing M-Commerce market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Key Topics Covered

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

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
Global Competitor Market Shares
M-Commerce Competitor Market Share Scenario Worldwide (in %): 2020 & 2029
Impact of COVID-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

Alibaba Group (China)
Amazon.com, Inc. (USA)
Apple, Inc. (USA)
Branding Brand (USA)
Evine Live, Inc. (USA)
eBay, Inc. (USA)
Fandango, Inc. (USA)
International Business Machines Corporation (USA)
Moovweb Intergalactic (USA)
Netbiscuits (Germany)
Otto Group (Germany)
PayPal Holdings, Inc. (USA)
Phunware, Inc. (USA)
QVC, Inc. (USA)
Sevenval Technologies GmbH (Germany)
SiteMinis, Inc. (USA)
Skava (USA)
Target Corporation (USA)
Unbound Commerce (USA)
Usablenet, Inc. (USA)
VeriFone Systems, Inc. (USA)
Wal-Mart Stores, Inc. (USA)

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

Total Companies Profiled: 64

For more information about this report visit https://www.researchandmarkets.com/r/tkmt85

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