M-commerce will help to bring online shopping to $370 billion in the US

M-Commerce

The predictions from Forrester Research are that it will reach this level before the close of 2017 Forrester Research has released the details of its latest study, which have indicated that m-commerce will play a vital role in the astronomical growth of ecommerce over the next few years in the United States. The report said that this will be fueled by the rapid adoption of tablets and smartphones among consumers across the country. So far, they have shown that sales over ecommerce are on pace to experience a considerable annual…

Read More

M-commerce remains a tremendous opportunity for American retailers and brands

mobile commerce trends

U.S. companies still have yet to come close to reaching the full potential of mobile shopping. New research has shown that even though m-commerce has received an enormous amount of hype, 41 percent of American shoppers have said that they’re not ready to use their tablets and smartphones for purchasing online products and services. This equates to approximately 103 million people in the United States. This could imply that there is nothing to m-commerce, but it is much more likely that there is huge potential for growth in this area.…

Read More

Mobile commerce apps set to replace credit cards for payment options

Mobile payments credit cards

Those with smartphones will find less need to use plastic or cash to make payments as mobile commerce payments are expected to have a huge upswing in 2013. Financial companies set to gain in mobile commerce Thus far, mobile apps for payments have been a huge disappointment, but a group of mobile industry heavyweights believe financial services will successfully tap the market for paying with mobile apps, making cash and credit cards optional for smartphone owners. The big winners are thought to be established financial groups like Visa and banks,…

Read More

Mcommerce to play a vital role in UK sales over next decade

Mobile commerce and the future

New report releases results of predictions regarding online shopping by 2022. A new retail report has been released by the Economist Intelligence Unit which showed the way that the retail sector will be changing throughout the next decade due to e- and mcommerce as well as social media sales (s-commerce). It showed that all online purchases will make up more than one third of the sales in the U.K by 2022. At the moment, the combination of s-, e- and mcommerce make up around 10 percent of sales in the…

Read More

Mobile commerce predictions by Juniper Research see massive growth by 2017

Mobile Commerce Industry

The latest figures have shown that it will climb to $730 billion in 5 years. According to data from the latest forecasts put out by Juniper research, mobile commerce will have reached a value of $730 by the year 2017, primarily driven by smartphones. The British firm released its results saying that smartphone payments will be vitally important to this growth. The report detailed how mobile commerce payments are already rapidly increasing, and that over the next five years, they will become far more mainstream and process a much higher…

Read More