M Commerce Market worth $467.3 Billion in 2019

1. M Commerce Market worth $467.3 Billion in 2019 The report "M Commerce Market by Transactions (M Retailing, M Ticketing/Booking, M Billing, Other M Commerce Services), Payment Modes (NFC, Premium SMS, WAP, Carrier Billing), Users (Smart Devices, Feature Phones) - Worldwide Forecasts & Analysis (2014 - 2019)" defines and segments the M Commerce market into various sub-segments with an in-depth analysis and forecasting of revenues. The report also identifies the factors driving this market, various restraints and opportunities impacting it along with the technology roadmap and adoption trends. Browse 66 market data tables 30 figures spread through 157 pages and in-depth TOC on “M Commerce Market by Transactions (M Retailing, M Ticketing/Booking, M Billing, Other M Commerce Services), Payment Modes (NFC, Premium SMS, WAP, Carrier Billing), Users (Smart Devices, Feature Phones) - Worldwide Forecasts & Analysis (2014 - 2019)” http://www.marketsandmarkets.com/Market-Reports/mobile-commerce-market-184.html Early buyers will receive 10% customization on reports. MarketsandMarkets broadly segments the M Commerce market on the basis of transactions: Mobile Retailing, Mobile Ticketing\Booking, Mobile Billing and other M Commerce services; by payment modes: Premium SMS, Direct Mobile Billing, NFC and WAP; by end-users: Smart Device Users, Feature Phone Users; by regions such as North America (NA), Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and Latin America (LA). The M Commerce market is poised for good growth prospects with investments in the coming future due to increase in the smartphone, tablets, mobile devices, BYOD and internet enabled devices. However, accompanying these would be challenges such as securing the flow of information, application and network infrastructure, and intense competition. The evolution of the mobile application infrastructure, cross-platform communication methods and the familiarity of people with the mobile applications and services would brighten the future of M Commerce services. With the fast moving internet technology and increasing growth in smartphone market, the world is becoming closer in terms of communication. Due to this, the new modes of business transactions and communication have found their way in the market. M Commerce services are the medium through which people can perform business transactions and communication with each other without paying heavy charges unlike in traditional mode of services. M Commerce market is experiencing new innovations from major mobile and technology players such as Ericsson, Gemalto, Google, IBM, MasterCard, Mopay, Oxygen8, PayPal, SAP, and Visa among various others. The market for M Commerce is driven by forces such as increasing adoption of smart devices, and increasing growth of broadband connectivity. Also, M Commerce services are cheaper than the traditional services like banking, purchase, or marketing and advertising. The major driving factors for M Commerce market are increasing adoption of smart devices, better broadband connectivity, cheaper services, socially adoption of M Commerce services etc. M Commerce service providers are facing challenges in terms of dependency on internet networks, monetization of user base, and fierce competition.

2. MarketsandMarkets forecasts the M Commerce market to grow from $116.1 billion in 2014 to $467.3 billion in 2019. In terms of geographies, North America and Europe is expected to be the biggest market in terms of revenue contribution, while Asia-Pacific (APAC) and MEA are expected to experience increased market traction, during the forecast period. About MarketsandMarkets MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. Contact: Mr. Rohan Markets and Markets UNIT no 802, Tower no. 7, SEZ Magarpatta city, Hadapsar Pune, Maharashtra 411013, India 1-888-600-6441 Email: sales@marketsandmarkets.com