Amid the COVID-19 crisis, the global market for M-Commerce estimated at US$1.9 Trillion in the year 2020, is projected to reach a revised size of US$6.6 Trillion by 2027, growing at a CAGR of 19.8% over the period 2020-2027.
The U.S. Market is Estimated at $504.2 Billion, While China is Forecast to Grow at 24.8% CAGR
The M-Commerce market in the U.S. is estimated at US$504.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.6 Trillion by the year 2027 trailing a CAGR of 24.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15.5% and 18.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 17% CAGR.We bring years of research experience to this 16th edition of our report. The 130-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
- 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.
The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
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
TABLE 1: M-Commerce Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 2: M-Commerce Market Share Shift across Key Geographies Worldwide: 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
Market Analytics
TABLE 3: United States M-Commerce Market Estimates and Projections in US$ Million: 2020 to 2027
CANADA
TABLE 4: Canadian M-Commerce Market Estimates and Forecasts in US$ Million: 2020 to 2027
JAPAN
TABLE 5: Japanese Market for M-Commerce: Annual Sales Estimates and Projections in US$ Million for the Period 2020-2027
CHINA
TABLE 6: Chinese M-Commerce Market Growth Prospects in US$ Million for the Period 2020-2027
EUROPE
Market Facts & Figures
Market Analytics
TABLE 7: European M-Commerce Market Demand Scenario in US$ Million by Region/Country: 2018-2025
TABLE 8: European M-Commerce Market Share Shift by Region/Country: 2020 VS 2027
FRANCE
TABLE 9: M-Commerce Market in France: Estimates and Projections in US$ Million for the Period 2020-2027
GERMANY
TABLE 10: M-Commerce Market in Germany: Recent Past, Current and Future Analysis in US$ Million for the Period 2020-2027
ITALY
TABLE 11: Italian M-Commerce Market Growth Prospects in US$ Million for the Period 2020-2027
UNITED KINGDOM
TABLE 12: United Kingdom Market for M-Commerce: Annual Sales Estimates and Projections in US$ Million for the Period 2020-2027
SPAIN
TABLE 13: Spanish M-Commerce Market Estimates and Forecasts in US$ Million: 2020 to 2027
RUSSIA
TABLE 14: Russian M-Commerce Market Estimates and Projections in US$ Million: 2020 to 2027
REST OF EUROPE
TABLE 15: Rest of Europe M-Commerce Market Estimates and Forecasts in US$ Million: 2020-2027
ASIA-PACIFIC
TABLE 16: Asia-Pacific M-Commerce Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 17: Asia-Pacific M-Commerce Market Share Analysis by Region/Country: 2020 VS 2027
AUSTRALIA
TABLE 18: M-Commerce Market in Australia: Recent Past, Current and Future Analysis in US$ Million for the Period 2020-2027
INDIA
TABLE 19: Indian M-Commerce Market Estimates and Forecasts in US$ Million: 2020 to 2027
SOUTH KOREA
TABLE 20: M-Commerce Market in South Korea: Recent Past, Current and Future Analysis in US$ Million for the Period 2020-2027
REST OF ASIA-PACIFIC
TABLE 21: Rest of Asia-Pacific Market for M-Commerce: Annual Sales Estimates and Projections in US$ Million for the Period 2020-2027
LATIN AMERICA
TABLE 22: Latin American M-Commerce Market Trends by Region/Country in US$ Million: 2020-2027
TABLE 23: Latin American M-Commerce Market Percentage Breakdown of Sales by Region/Country: 2020 and 2027
ARGENTINA
TABLE 24: Argentinean M-Commerce Market Estimates and Forecasts in US$ Million: 2020-2027
BRAZIL
TABLE 25: M-Commerce Market in Brazil: Estimates and Projections in US$ Million for the Period 2020-2027
MEXICO
TABLE 26: M-Commerce Market in Mexico: Recent Past, Current and Future Analysis in US$ Million for the Period 2020-2027
REST OF LATIN AMERICA
TABLE 27: Rest of Latin America M-Commerce Market Estimates and Projections in US$ Million: 2020 to 2027
MIDDLE EAST
TABLE 28: The Middle East M-Commerce Market Estimates and Forecasts in US$ Million by Region/Country: 2018-2025
TABLE 29: The Middle East M-Commerce Market Share Breakdown by Region/Country: 2020 and 2027
IRAN
TABLE 30: Iranian Market for M-Commerce: Annual Sales Estimates and Projections in US$ Million for the Period 2020-2027
ISRAEL
TABLE 31: Israeli M-Commerce Market Estimates and Forecasts in US$ Million: 2020-2027
SAUDI ARABIA
TABLE 32: Saudi Arabian M-Commerce Market Growth Prospects in US$ Million for the Period 2020-2027
UNITED ARAB EMIRATES
TABLE 33: M-Commerce Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Million for the Period 2020-2027
REST OF MIDDLE EAST
TABLE 34: M-Commerce Market in Rest of Middle East: Recent Past, Current and Future Analysis in US$ Million for the Period 2020-2027
AFRICA
TABLE 35: African M-Commerce Market Estimates and Projections in US$ Million: 2020 to 2027
IV. COMPETITION
Total Companies Profiled: 64
