Mobile commerce: Looking forward

mobile commerce technology online

The future is bright for mobile Mobile commerce has already managed to establish a strong following in only a few short years. People throughout the world have become enamored with the concept of using their mobile devices to purchase products online and at physical stores while also using these devices to manage their personal finances. Despite initial challenges, mobile commerce has become quite influential, and this influence may grow to new heights within the next five years. Mobile devices are becoming more heavily used than PCs. PC makers are beginning…

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Goldman Sachs releases forecast concerning future of mobile commerce

mobile commerce participation

New forecast paints a promising future for the world of mobile shopping and payments Leading investment bank Goldman Sachs has released a new forecast concerning mobile commerce. The forecast predicts that mobile commerce will be as big in 2018 as e-commerce was in 2013. The prediction is backed by a growing number of people and businesses becoming heavily involved in the mobile space. Smartphones and tablets are beginning to play integral roles in society and these devices are beginning to change the way people interact with one another and how…

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Competition in mobile commerce explodes due to rapid growth

U.K. Mobile Payments

Growth of mobile commerce creates an over abundance of competition Mobile commerce has grown very quickly over the past few years. Consumers have shown that they are very interested in mobile payments and shopping from their smartphones and tablets, which has lead to a surge in new startups offering services to accommodate this interest. Mobile commerce can be a very lucrative field, but establishing a strong presence in the market has become very difficult for both well established companies and new startups. Demand for services is high, but so is…

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Starbucks aims to expand focus on mobile commerce

Starbucks Card Mobile commerce payments App

Starbucks leadership shifts as company begins to take the mobile space more seriously Starbucks is experiencing a shift in leadership as it begins to focus more heavily on e-commerce and mobile payments. The company’s Chief Financial Officer, Troy Alstead, has been moved to the position of Chief Operating Officer. This move will allow Howard Schultz, Starbucks’ Chief Executive, to focus on the expansion of the company’s mobile and e-commerce efforts. Starbucks has managed to establish a strong presence in the mobile space and has plans to further increase its accessibility…

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Mobile commerce in the United States to grow over 32 percent in 3 years

Mobile Commerce U.S. and Worldwide

According to a recent study, the size of the American market is set to experience a very healthy growth. As a result of the rising adoption of smartphones and a growing demand to be able to purchase products online, the American mobile commerce marketplace is predicted to rise at a compound annual growth rate (CAGR) of 32.38 percent by the close of 2016. Smartphone device adoption in the U.S. is occurring at a very rapid rate and people are using them to shop. In fact, the United States is among…

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