Gaming applications have held onto the top spot, but shoppers are clearly showing their love of mobile. A recent StartApp report has shown that m-commerce apps are second only to gaming applications when it comes to download growth rate. Moreover, the report predicts that there remains a great deal of room for additional growth. This growth rate has particular potential in the areas of popular music, photo and entertainment apps. According to the StartApp data, gaming applications have been downloaded by 78 percent of global device users. Not far behind,…
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New leading mobile commerce marketplace for growth crowned
The Better Than Cash Alliance conducted a study naming Indonesia as the leader in m-commerce. The Better Than Cash Alliance released the results of a study it conducted which determined that Indonesia is the fastest growing mobile commerce marketplace. This is an impressive feat for the Southeast Asian country’s population of 260 million. This led the authors of the report on the study to call the country a potential global tech business powerhouse. The study credited the rapidly growing mobile commerce marketplace in Indonesia to the country’s rising middle class.…
Read MoreReport predicts the explosive growth of mobile payments
Bank of America report predicts that mobile payments market will grow 200 fold Bank of America has released a new report that predicts the explosive growth of the mobile commerce space. Over the next seven years, the bank predicts that the mobile commerce market will grow 200 fold. This growth is being powered by the aggressive adoption of mobile payments systems by retailers and the growing demand for such services coming from consumers. Mobile shopping is becoming more common and many retailers are beginning to focus on the mobile space…
Read MoreMobile commerce market is growing quickly throughout the world
Report highlights the growth that the global mobile commerce market is experiencing A new report from yStats shows that mobile commerce is experiencing healthy growth throughout the world. The report notes that the global mobile commerce market has, in some cases, seen triple digit growth rates, which means that the market is beginning to overshadow the overall online retail market in terms of sales growth. Notably, however, desktop computers remain the favored way for consumers to shop online, but many are beginning to use their smartphones to shop for and…
Read MoreMobile commerce solutions market set for exponential growth
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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