Global M-Commerce Market is Projected to Reach US$5.3 Trillion by 2024
Increasing Penetration of Smartphones, Expanding Coverage of High-Speed Mobile Networks and Ease and Convenience of Mobile Devices for Online Purchases Drive Growth in Global M-Commerce Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, market size and demand forecasts on the global M-Commerce market. Global M-Commerce market is projected to reach US$5.3 trillion by 2024 , driven by the growing penetration of smartphones and tablets, increasing access to mobile Internet services, and the adoption of advanced m-payment platforms. Strong prospects in emerging economies of Latin America and Asia-Pacific also present positive outlook for the m-commerce growth. M-commerce or mobile commerce is the use of wireless technology-based devices for online conduct of commercial transactions. Involving the use of mobile devices such as laptops, tablets, and mobile phones, mobil...