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 is becoming a huge opportunity in South Africa
Companies are beginning to see this market as holding a considerable amount of potential. In the mobile commerce environment, growth has been seen around the world at a considerable rate, but there are certain areas in the world where it is believed to hold a great deal more potential than others. Among those high potential regions, South Africa has now been grouped with other leaders. While the majority of the mobile commerce data is focused on more mature markets, for example, the United States, there is a surprisingly small amount…
Read MoreMobile commerce market share report reveals changes
Android and iPhone appear to be taking on a larger proportion of the marketplace while others struggle. comScore has now released the results of its latest study, which are indicating that there have been some changes in the mobile commerce market share over the last few months. The report includes data from the statistics collected throughout May of this year. The projections that comScore has released have indicated that about 59 percent of the subscribers to cellular service in the United States have smartphones. This is close to, but not…
Read MoreMobile commerce draws new capital to Japanese market
Adoption of shopping over smartphones is rapidly growing in Japan leading investors to dive in. One of the most rapidly growing segments in Japan, at the moment, is mobile commerce, which is expanding at an exponential rate within the already healthy online shopping industry in the country. Every year, the size of smartphone shopping jumps forward by a tremendous amount, growing its online share. According to the most recent data from the Ministry of Internal Affairs and Communications, mobile commerce spiked from 2011 to 2012 by 16.2 percent, bringing it…
Read MoreTechnology news from India shows growth in smartphone penetration
A recent report has shown that this massive population is becoming increasingly important to mobile commerce. According to a technology news report released by the Economic Times of India, smartphone ownership in that country is maintaining one of the most rapidly increasing growth rates in the world. There are a number of reasons that this has suddenly started occurring in this highly populated country. According to Credit Suisse technology news data analyses, the creation of a number of installment payment plans in India, as well as major discounts that have…
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