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…
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Mobile commerce helps power growth of clothing sales in Europe
Clothing has become the most purchased physical product in many European countries Research firm yStats has released a new report concerning digital commerce in Europe. The report notes that clothing has become the most purchase physical product in many European countries, including the United Kingdom, Spain, and Italy. In some countries, clothing stands out as having the highest sales volume of any other product category and this category represents the majority of cross-border purchases being made on the Internet. The report also notes that mobile commerce has helped make this…
Read MoreRussia is an emerging e-commerce market
Report highlights the potential of Russia as a major market for online retailers Russia may be the next place for an e-commerce boom. A new report from yStats shows that online sales in Russia are growing at a fast pace. Consumers throughout the country are beginning to shop more online than they have in the past few years and as consumers become more reliant on mobile technology, large retailers are beginning to take notice. In the coming years, Russia may become one of the world’s leading e-commerce markets. Russian digital…
Read MoreReport highlights trends in the mobile commerce field
New report from yStats identifies trends in global mobile space Market research firm yStats has released a new report titled “Global M-Commerce 2014: Smartphones and Tablets.” The report sheds light on some of the new trends that are affecting the mobile shopping space. Notably, the report suggests that mobile shopping is having a major impact on the global retail industry. Mobile traffic to retail websites is on the rise and more retailers are beginning to feel the need to cater to an audience that is primarily mobile-centric. Tablets are beginning…
Read MoreMobile commerce is booming in Europe
New report highlights the performance of mobile shopping in European countries Mobile commerce is experiencing a promising period of success in Europe, according to a new report from yStats. The report shows that countries in Western Europe boast of high degrees of smartphone and tablet penetration, which is creating a favorable environment for mobile payments to thrive within. Mobile devices have become part of people’s lives in these countries and many are becoming more comfortable with the notion of mobile shopping. The report notes that Sweden and the United Kingdom…
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