M Commerce Market Forecast to Reach $425 Billion by 2025
Posted on Jul 13 2020 5:34 AM "Increasing Adoption of Smartphones, Rising Internet Penetration and Adoption of Smartphones for Online Digital Transactions and Retail Shopping Are Poised to Drive the Demand of the M-commerce Market." M Commerce Market is forecast to reach $425 billion by 2025, after growing at a CAGR of 29.84% during 2020-2025. Rising penetration of smartphones and internet and adoption of smartphones for online shopping, as well as banking payments, is set to drive the M-commerce market. Increasing demand for various mobile payment systems such as Apple pay, PayPal one-touch, Visa Checkout, Amazon Pay and technological advancements in augmented reality (AR) made in the wireless handheld devices gives the benefit of great computing power and this will further enhance the overall market demand for Mobile Commerce during the forecast period.The report covers M Commerce Market size by type and Payment mode, M Commerce Market share by top 5 companies and also the...