+33% CAGR Growth to Be Achieved Mobile Commerce Market by 2023 – Know Major Factor for Rise in Future as Per New Research

Mobile Commerce Market will grow at a CAGR of +33% during the forecast period 2018-2023

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Houston, TX -- (SBWire) -- 02/09/2018 --Mobile commerce, refers to the purchase and/or sale of goods and services via mobile platforms such as smartphones and tablets. The increasing adoption of mobile commerce across the globe, especially in the West, has turned out to be immensely helpful towards strengthening the market. Developed countries such as those in North America have been significantly proactive in making m-commerce a vital part of day-to-day commercial transactions. Consistent technological progressions and the enduring penetration of Internet in the remote corners of the world are moreover responsible for the astounding advancement of the Global Mobile Commerce Market.

Top Key Players:
Walmart Inc, Sears Holdings Corp, Microsoft Corp, Target Corp, Costco Wholesale Corp, Apple Inc, Barnes & Noble Inc, Office Depot Inc.

Mobile Commerce Market will grow at a CAGR of +33% during the forecast period 2018-2023

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It explains a detailed outline of the Mobile Commerce Market depending on the important parameters. End users, products, regions, and many other segments are studied and explained. A brief idea of the driving forces which help make the market more flourishing is discussed in order to help the client understand the future market position. Estimated revenue growth in terms of volume with respect to the market for the upcoming years has been mentioned in depth.

Mobile commerce is gaining wide acceptance across the globe owing to the several advantages it offers such as offering multiple payment options to consumers, streamlining the procurement processes, and proving better price choices due to stiff market competition. One of the latest development in the m-commerce market is the growing adoption of the mobile wallet. Mobile wallet refers to transactions made through mobile devices rather than credit or debit cards, or any other cashless payment method. It stores the customer's credit cards detail and allows the user to pay at NFC POS terminals through smartphones. Such NFC-enabled mobile wallets and mode of payments are gaining popularity because it is convenient and saves lot of time.

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On the basis of geographical regions, the Global Mobile Commerce Market is segmented broadly into Latin America, Global, the Middle East and Africa, and Asia Pacific. The Global market is still in its exploratory stage in most of the regions but it holds the promising potential to flourish steadily in coming years. The major companies investing in this market are situated in Canada, U.K., and the US, India, China and some more countries of Asia Pacific region. Consequently, Asia Pacific, North America, and Western Global are estimated to hold more than half of the market shares, collectively in coming years.

In the last sections of the report, the manufacturers responsible for increasing the sales in the Mobile Commerce Market have been presented. These manufacturers have been analyzed in terms of their manufacturing base, basic information, and competitors. In addition, the technology and product type introduced by each of these manufacturers also form a key part of this section of the report.

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Table of Content:
Global Mobile Commerce Market Research Report 2018-2023
Chapter 1 Mobile Commerce Market Overview
Chapter 2 Global Economic Impact
Chapter 3 Competition by Manufacturer
Chapter 4 Production, Revenue (Value) by Region (2018-2023)
Chapter 5 Supply (Production), Consumption, Export, Import by Regions (2018-2023)
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Market Forecast (2018-2023)

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