Kings Research has recently published its report on the global Mobile Commerce Market, which finds that the market revenue is expected to reach USD 1,251.25 Billion by 2030 from USD 1,251.25 Billion in 2022, with a remarkable 17.60% CAGR over the forecast period from 2023 to 2030.
This comprehensive research study on the global Mobile Commerce market gives detailed insights into the sector, offering a detailed analysis of market trends, prominent drivers, and future growth prospects. To make wise business decisions, it gives readers an extensive understanding of the market environment. Furthermore, the report covers several aspects, such as estimated market sizing, strategies employed by leading companies, restraining factors, and challenges faced by market participants.
Mobile Commerce Market Definition-
Mobile commerce is thriving, with trends indicating its continued growth. Augmented reality (AR) is becoming more mainstream, enhancing the shopping experience on ecommerce and social media platforms. The rise of smart speakers and voice assistants is driving the popularity of voice search for online shopping. Enhanced security measures, such as biometric authentication, are bolstering consumer trust in mobile payments. The collaboration between service providers and mobile operators is facilitating advanced payment solutions. Governments worldwide are promoting digital payment methods.
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Market Forecast and Trends-
The reportβs precise market forecasts and identification of emerging trends will allow readers to foresee the industryβs future and outline their tactics for the following years accordingly. Understanding market trends can help in gaining a competitive edge and staying ahead in a fast-paced business environment.
The Global Mobile Commerce Market is divided into the following segments:
By Transaction
- M-Retailing
- M-Ticketing/Booking
- M-Billing
- Others
By Payment Mode
- Near Field Communication (NFC)
- Premium SMS
- Wireless Application Protocol (WAP)
- Direct Carrier Billing
- Others
By Region
- North America
- Europe
- Asia Pacific
- Middle East & Africa
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Regional and Segment Analysis-
The study on the global Mobile Commerce market will aid industry participants find high-growth regions and profitable market segments through region-specific and segment-by-segment analysis. This information helps in implementing better marketing strategies and product lineups to meet the preferences and needs of various target audiences. The major regions covered in this comprehensive analysis include North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Investment and Expansion Opportunities -
The research report supports strategic decision-making by revealing prospective areas for investment and business growth in the global Mobile Commerce market. This report is a great tool for finding markets that are foreseen to grow substantially for aiding readers who want to expand into new and untapped markets or launch new products.
Competitive Analysis-
The research report comprises an in-depth competitive analysis, which profiles major market competitors and evaluates their tactics, weaknesses, and market shares. These key players employ top business strategies, such as partnerships, alliances, mergers, acquisitions, product innovations, and product development, to establish a competitive advantage. Industry participants may use this information to measure their business against rivals and develop winning strategies for distinguishing themselves in the market
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- Telefonaktiebolaget LM Ericsson
- Google LLC
- Thales Group (Gemalto NV)
- IBM Corporation
- Mastercard Inc.
- Mopay AG
- Oxygen8
- Paypal Holdings Inc.
- Visa Inc.
- SAP SE
- SAMSUNG
Why Buy This Report?
- Obtain an in-depth understanding of market trends and growth catalysts.
- Utilize precise market forecasts for informed decision-making.
- Outperform competitors through extensive competitive analysis.
- Identify and leverage profitable regional and segment prospects.
- Strategically plan investments and expansions in the global Mobile Commerce market.
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Table of Content-
1 Introduction of the global Mobile Commerce Market
2 Executive Summary
3 Research Methodology
4 Global Mobile Commerce Market Outlook
5 Impact of Russia-Ukraine War
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