Market Overview:
The global M-commerce market is expected to grow at a CAGR of over 20% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing penetration of smartphones and other mobile devices, rising demand for convenience and faster transactions, and growing adoption of m-commerce among retailers and consumers. By type, the global M-commerce market is segmented into m billing, m retailing, m ticketing/booking, and others. The others segment includes payments made through mobile wallets or QR codes. By application, the market is divided into retail, IT and telecommunication, hospitality and tourism BFSI healthcare media entertainment airline Others). Retail dominates the application segment followed by IT & telecommunications sector. However; hospitality & tourism sector is expected to witness highest growth rate during forecast period owing to increase in travel spending by tourists across different geographies.
Product Definition:
M-commerce refers to the buying and selling of goods and services through mobile devices such as cell phones and smartphones. M-commerce is a subset of e-commerce, which is the buying and selling of goods and services over electronic networks such as the Internet. The importance of M-Commerce rests in its ability to provide consumers with anytime, anywhere access to products and services.
M Billing:
M Billing is a service that enables customers to pay for goods and services by mobile phone. It helps in tracking the payment process from the time the customer makes a purchase to when he or she receives confirmation of delivery. The service also provides information on how to manage outstanding invoices, which is an important factor for small and medium enterprises (SMEs).
The global M billing market size was valued at USD 1,099.1 million in 2014.
M Retailing:
M-commerce is a system that enables the customers to buy products from online stores using mobile phones. The retailers use mRetailing for providing services related to inventory management, price optimization, and supply chain execution. It helps in increasing customer engagement by offering various value-added services such as loyalty programs and discounts on future purchases.
The global market size was valued at USD 27 billion in 2013.
Application Insights:
The retail segment dominated the global M-commerce market in 2017, accounting for a revenue share of over 40%. The segment is expected to maintain its dominance over the forecast period. The growth of this application can be attributed to increasing penetration of smartphones and internet connectivity coupled with rising adoption of mobile payments. Moreover, growing preference for online shopping due to various benefits including convenience and ease coupled with extensive product range available on web platforms is anticipated to drive the retail segment further.
The IT and telecommunication application accounted for a significant share in 2017 owing to increased usage of m-banking services by companies operating in IT industry such as Microsoft, Google, Amazon etc. Increasing use cases such as e-commerce delivery services are also driving this sector further which was earlier dominated by BFSI sector but now it has become an integral part contributing towards overall market growth across regions globally.
Regional Analysis:
The Asia Pacific regional market is expected to witness significant growth over the forecast period. The region accounted for more than 35% of the global revenue in 2017 and is anticipated to continue its dominance over the next seven years. This can be attributed to increasing internet penetration, rising smartphone adoption, and expansion of e-commerce businesses across developing economies such as China and India. Moreover, these countries are also home to some of the largest retail markets worldwide; thus making them attractive destinations for online retailers from other countries.
North America held a substantial share in terms of revenue in 2017 owing to early adoption by several prominent players such as Walmart Labs Inc., Expedia Inc., eBay Inc., Amazon Web Services LLC, Visa, Paypal Holdings LLC among others with extensive reach across multiple industries globally including retail & consumer goods (books/music/video games), healthcare & medical (ophthalmic care products), automotive (tires & batteries), entertainment (movies/TV shows) etc.
Growth Factors:
- Increased smartphone penetration and usage – as of 2016, there were over 2.3 billion active smartphones globally, and this number is expected to grow to over 3 billion by 2020. This will drive increased mobile commerce activity as more consumers shift their shopping behaviour to using their smartphones.
- Rising consumer demand for convenience and instant gratification – consumers are increasingly looking for ways to make their lives easier and faster, which has led to a surge in demand for m-commerce solutions that offer quick and easy checkout processes, as well as immediate product delivery.
- Proliferation of innovative mobile payment technologies – with the advent of new mobile payment technologies such as Apple Pay, Android Pay, Samsung Pay etc., merchants are able to offer a more streamlined checkout experience for consumers who want to pay via their smartphones or tablets. This is likely to fuel further growth in the m-commerce market in the coming years.
- . Increasing use of social media platforms for shopping purposes – social media platforms such as Facebook and Instagram have become powerful channels for retailers looking to drive sales through online marketing efforts. In addition, these platforms also provide users with a convenient way of researching products before making purchases on e-commerce websites or apps directly from within the social media platform itself .This is likelyto result in an increasein m-commerce transactions conducted via social media channels in the future . 5) Growing trend towards omni-channel retailing - retailers are startingto realisethe importanceof providing
Scope Of The Report
Report Attributes
Report Details
Report Title
M-Commerce Market Research Report
By Type
M Billing, M Retailing, M Ticketing/Booking, Others
By Application
Retail, IT and Telecommunication, Hospitality and Tourism, BFSI, Healthcare, Media and Entertainment, Airline, Others
By Companies
Amazon, Ericsson, Flipkart, Gemalto, Google, IBM, Irctc, Mastercard, Mopay, Oxygen8, Paypal, Paytm, Sap, Shop Clues, Visa
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global M-Commerce Market Report Segments:
The global M-Commerce market is segmented on the basis of:
Types
M Billing, M Retailing, M Ticketing/Booking, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Retail, IT and Telecommunication, Hospitality and Tourism, BFSI, Healthcare, Media and Entertainment, Airline, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Amazon
- Ericsson
- Flipkart
- Gemalto
- Google
- IBM
- Irctc
- Mastercard
- Mopay
- Oxygen8
- Paypal
- Paytm
- Sap
- Shop Clues
- Visa
Highlights of The M-Commerce Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- M Billing
- M Retailing
- M Ticketing/Booking
- Others
- By Application:
- Retail
- IT and Telecommunication
- Hospitality and Tourism
- BFSI
- Healthcare
- Media and Entertainment
- Airline
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the M-Commerce Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
M-Commerce is a term used to describe the online sales of goods and services. It includes everything from buying items online, to booking appointments or making payments.
Some of the major players in the m-commerce market are Amazon, Ericsson, Flipkart, Gemalto, Google, IBM, Irctc, Mastercard, Mopay, Oxygen8, Paypal, Paytm, Sap, Shop Clues, Visa.
The m-commerce market is expected to grow at a compound annual growth rate of 20%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 M-Commerce Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 M-Commerce Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 M-Commerce Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the M-Commerce Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global M-Commerce Market Size & Forecast, 2020-2028
4.5.1 M-Commerce Market Size and Y-o-Y Growth
4.5.2 M-Commerce Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 M Billing
5.2.2 M Retailing
5.2.3 M Ticketing/Booking
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Retail
6.2.2 IT and Telecommunication
6.2.3 Hospitality and Tourism
6.2.4 BFSI
6.2.5 Healthcare
6.2.6 Media and Entertainment
6.2.7 Airline
6.2.8 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global M-Commerce Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 M-Commerce Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 M Billing
9.6.2 M Retailing
9.6.3 M Ticketing/Booking
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Retail
9.10.2 IT and Telecommunication
9.10.3 Hospitality and Tourism
9.10.4 BFSI
9.10.5 Healthcare
9.10.6 Media and Entertainment
9.10.7 Airline
9.10.8 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 M Billing
10.6.2 M Retailing
10.6.3 M Ticketing/Booking
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Retail
10.10.2 IT and Telecommunication
10.10.3 Hospitality and Tourism
10.10.4 BFSI
10.10.5 Healthcare
10.10.6 Media and Entertainment
10.10.7 Airline
10.10.8 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 M Billing
11.6.2 M Retailing
11.6.3 M Ticketing/Booking
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Retail
11.10.2 IT and Telecommunication
11.10.3 Hospitality and Tourism
11.10.4 BFSI
11.10.5 Healthcare
11.10.6 Media and Entertainment
11.10.7 Airline
11.10.8 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 M Billing
12.6.2 M Retailing
12.6.3 M Ticketing/Booking
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Retail
12.10.2 IT and Telecommunication
12.10.3 Hospitality and Tourism
12.10.4 BFSI
12.10.5 Healthcare
12.10.6 Media and Entertainment
12.10.7 Airline
12.10.8 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 M Billing
13.6.2 M Retailing
13.6.3 M Ticketing/Booking
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Retail
13.10.2 IT and Telecommunication
13.10.3 Hospitality and Tourism
13.10.4 BFSI
13.10.5 Healthcare
13.10.6 Media and Entertainment
13.10.7 Airline
13.10.8 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 M-Commerce Market: Competitive Dashboard
14.2 Global M-Commerce Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amazon
14.3.2 Ericsson
14.3.3 Flipkart
14.3.4 Gemalto
14.3.5 Google
14.3.6 IBM
14.3.7 Irctc
14.3.8 Mastercard
14.3.9 Mopay
14.3.10 Oxygen8
14.3.11 Paypal
14.3.12 Paytm
14.3.13 Sap
14.3.14 Shop Clues
14.3.15 Visa
