Product Code: MCP-7889
Global M-Commerce Market to Reach $6.6 Trillion by 2027
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.
TABLE OF CONTENTS
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
