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[225+ Pages Report] Global Mcommerce industry market was projected at USD 472 billion in 2019, and is expected to reach USD 3,901 billion by 2026, and is growing at a CAGR of 34.9% during the forecast year.
This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the e-commerce industry. The report analyzes and declares the historical and current trends analysis of the m-commerce industry and subsequently recommends the projected trends anticipated to be observed in the m-commerce market during the upcoming years.
The m-commerce market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire e-commerce market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) from FY 2016 – 2026.
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the m-commerce industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the m-commerce industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the m-commerce market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the m-commerce industry. The m-commerce market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the m-commerce sector. Key strategic developments in the m-commerce market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the m-commerce market are appropriately highlighted in the report.
The demand for m-commerce is expected to be driven by an increase in the demand for smartphones. Smartphones are increasingly becoming a ubiquitous part of everyday life. Another important driving factor for m-commerce market is the investments by the corporates in the m-commerce platform due to the benefits it offers.
The m-commerce market research report delivers an acute valuation and taxonomy of the m-commerce industry by practically splitting the market on the basis of different types, applications, industry verticals, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the m-commerce industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the m-commerce industry is provided for the leading economies of the world.
The e-commerce market is segmented based on payment modes, user type, and transactions. Based on payment modes, the market classified into premium SMS, wireless application protocol (WAP), near field communication (NFC), and direct carrier billing. Based on the user type, the market is classified into feature phone users and smart device users. Based on transactions, the market classified into M retailing, M booking, M billing, and others.
Some of the leading and top companies in the M-Commerce market are 3D Systems Corporation, Ericsson, Gemalto, Google, IBM, MasterCard, Mopay, Oxygen8, PayPal, SAP, and Visa among various others.
The taxonomy of the m-commerce market by its scope and segmentation is as follows:
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