India’s mobile commerce industry is looking to overcome challenges

india mobile commerce, standard qr code

Mobile commerce continues to grow throughout India As the mobile commerce industry continues to grow, several companies involved therein are beginning to fight to overcome significant challenges that face adoption. Indian companies are beginning to address issues that exist in the market in order to ensure that they can effectively engage consumers. According to recent market analysis, the Indian mobile commerce market is expected to grow by 55% by 2019, reaching $19 billion. Mobile Internet use among Indian consumers is also expected to increase, reaching 120 million users. Companies are…

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Mobile commerce solutions market set for exponential growth

tablet mobile commerce survey

Report highlights the growth of the mobile commerce market throughout the world Grand View Research has published a new report that shows that the global mobile commerce solution market will see exponential growth in the coming years. This growth is being attributed to accelerating smartphone adoption. As more consumers gain access to these devices, they are beginning to use them to shop in a more convenient fashion. This has lead to consumers seeking out efficient and enjoyable solutions that they can use to shop. Growing smartphone adoption provides momentum to…

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Companies stand to gain from the thriving mobile commerce market

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Companies showing support for mobile commerce are expected to see gains in the coming years Several companies are expected to benefit from the growing prominence of mobile commerce, according to analysis from Pacific Crest. Mobile has long been a thriving channel through which businesses could effectively engage consumers, but as mobile commerce continues to grow, companies that have positioned themselves well in the payments space are likely to find more success. PayPal, Vantiv, Visa, MasterCard and others are gaining significant momentum and may soon see major gains as a result…

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China remains a leader in mobile payments

asia china mobile payments news

Many things set China’s mobile commerce sector apart from those in other countries China has become one of the world’s leading mobile commerce markets, surpassing the United States in terms of mobile transactions. This may be due to the difference that exist between the two countries, especially when it comes to population. Chinese consumers have also shown that they are more willing to participate in mobile commerce, having a higher degree of comfort with mobile technology. Chinese companies have been quite aggressive with their promotion of mobile payments as well,…

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UK companies could be missing out because of their avoidance of mobile commerce

mobile commerce london england UK

Survey suggests that many companies could be missing opportunities by not engaging mobile consumers The results of a new survey conducted by OnePoll suggests that a large number of the small and medium sized enterprises in the United Kingdom could be losing out on a lot of money because they do not have a sufficient mobile presence. Many businesses have shown some interest in mobile commerce, but have not yet taken steps to engage mobile consumers in any significant way. As such, they are losing touch with a changing consumer…

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Retail mobile commerce will expand this year

Mobile commerce Trends

Industry forecasts predicts a bright future for the retail mobile space A new industry forecast from eMarketer has been released that focuses on the growth of mobile commerce in the retail sector. Retailers have been becoming more mobile-conscious in recent years, hoping to cater to consumers that are beginning to use their smartphones and tablets for shopping purposes more regularly. Over the past two years, retailers that have embraced the mobile space have managed to find success, while those that have avoided the mobile space have seen a modest decrease…

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iKaaz seeks to expand the accessibility of mobile commerce

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Reach of mobile commerce could be expanded thanks to iKaaz With mobile commerce gaining more attention around the world, consumers are beginning to clamor for services that cater to them. Unfortunately, the majority of mobile commerce services that could be useful to consumers are based on NFC technology. This means that only mobile devices that are equipped with NFC technology can make use of these services. Because NFC-enabled mobile devices are still relatively rare, consumers have had trouble participating in mobile commerce. This may soon change, however, thanks to iKaaz,…

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Mobile commerce venture approved by the EC in Spain

mobile commerce trends

This new program will be a partnership between the Spanish banks called Banco Santander and CaixaBank and Telefonica. The latest addition to the mobile commerce environment in Spain is a new joint venture that has just been cleared by the European Commission among CaixaBank, Banco Santander, and Telefonica. They are hoping to form an online community for consumers and merchants alike. The mobile commerce venture is meant to be the first of its nature. Although its initial target will be Spain, it does have intentions for expansion on an international…

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Mobile commerce sees growth of 24 percent

mobile commerce growth

The latest statistics have been released by comScore and have found that the market is growing fast. According to the most recent data release by comScore, the mobile commerce market has increased by 24 percent over the last year, and this has represented a massive spike in sales to $4.7 billion dollars. The year over year data is very promising as it showed that considerable progress has been made. The report indicated that while the increase that was seen in overall online shopping was nearly 16 percent, year over year,…

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Mobile commerce strategy at Walgreen’s attracting industry attention

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While some feel that the effort is a tremendous one in this channel, others are expressing their doubts. Walgreen is a company that is known for its regular and continuous innovation, and its mobile commerce strategy is now attracting attention from those in the industry who are seeking to decide whether the company has upheld its reputation over this channel, as well. This company invented the malted milkshake in 1922 and has been introducing firsts since then. The innovations have continued at Walgreen as self service shopping was introduced, replacing…

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Mobile commerce environment shows ongoing strength

Mobile Commerce Trends

A new report has shown that this channel is rapidly on the grow, but mobile payment methods remain shaky. A new report released by Information Week which is called “Mobile Commerce: State of the Market” has revealed that the channel is continuing to grow with considerable strength and speed. The data used for the report was from a survey that was conducted with the participation of 500 company execs. It illustrated the strong and rapid growth being see in the mobile commerce ecosystem. For instance, among the executives from the…

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