Global sales of wearables expected to spike

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Gartner sees sales of smartwatches and fitness bands heading in a skyward direction over the next few years. Gartner has now released its latest forecasts about the sale of wearables over the next few years, and it has predicted that these devices will see a global increase of 18.4 percent, which will bring the figure up from 232.0 million units sold, last year, to a notably higher 274.6 million units sold by the end of 2016. This year, wearable technology devices will have generated a total of $28.7 billion in…

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Consumers in mature markets are embracing mobile payments more aggressively

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Half of all consumers may opt to use their mobile devices to purchase products by 2018 Half of all consumers in mature markets are expected to be using their smartphones and wearable devices to make mobile payments by 2018, according to a new report from Gartner. Innovation in mobile applications and services will likely have a major impact on traditional business models, forcing merchants to take steps to better engage mobile consumers. More consumers are beginning to use their devices for productivity and entertainment, a trend that is creating new…

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Mobile commerce is thriving in the United Kingdom

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UK consumers are spending more through their mobile devices Research from RetailMeNot, predicts that more consumers in the United Kingdom will be spending their money through mobile devices in the coming years. According to this research, some $15 billion in mobile commerce retail transactions are expected to be made by the end of this year. The report notes that this is a significant increase over the $7 billion that was reported last year. Currently, mobile commerce accounts for as much as 30% of all digital retail transactions made throughout the…

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Mobile payments firm plans global expansion

Mobile payments in Singapore

goSwiff aims for expansion following success in the mobile commerce market Singapore mobile commerce firm goSwiff has announced that it has launched a global expansion initiative. The firm has managed to find significant success by working with banks and telecommunications companies in Singapore. This success has enabled the company to expand, allowing it to reach a greater number of consumers and work with more companies that are interested in the mobile commerce space. The firm has managed to edge out competition coming from other mobile payments service providers, establishing a…

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Some wearable technology will be mainstream in 2015

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There are already many gadgets on the market from smartwatches to the smart bra, but only some are actually selling. In 2014, many were calling it the year of wearable technology, and while it did represent a time in which many, many new devices made their way onto market shelves, it was still quite rare to actually see the majority of them in everyday life. Now, the next generation of mobile gadgets are starting to find their way onto the clothes and wrists of consumers. A recent report has shown…

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