(PRWEB) May 30, 2014
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 and 29 figures spread through 167 pages and in-depth TOC on “M Commerce Market”
Early buyers will receive 10% customization on reports.
Inquiry Before Buying:
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.
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.
Browse Related Report
Location Based Services (LBS) Market (Mapping, Discovery and Infotainment, Location Analytics, Leisure and Social Networking, Location Based Advertising, Augmented Reality and Gaming, Tracking) - Worldwide Forecasts and Analysis (2014 - 2019)
Mobile Device Management Market by Solutions (Device Management, Application Management, Security Management, Network Service Management), Deployment Type (Cloud and On-premise) - Global Advancements, Market Forecast and Analysis (2014 – 2019)
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Visit MarketsandMarkets Blog at http://www.marketsandmarketsblog.com/market-reports/telecom-it.
Connect with us on LinkedIn at http://www.linkedin.com/company/marketsandmarkets.