Mobile Commerce (mCommerce)

The fast past of growth of mobile devices is the primary driving force behind mobile commerce, or mCommerce. With the rapid increase in smartphone penetration across the globe, mobile commerce has gained increasing acceptance amongst both users and retailers. Mobile services are continuing to register impressive growth and mCommerce is also being embraced in sync.

Mobile Commerce Facts

  • Mobile commerce will increase at a rate of 65% annually to reach $24 billion in 2015. (Coda Research)
  • mCommerce grew about 150% to 200% last year. (TBI Research)
  • Active mobile banking users in the US will grow from 10 million in 2009 to 53 million by 2013 (TowerGroup)
  • mCommerce will be bigger than eCommerce within 5 years. (Huffington Post)
  • In 2015, $119 billion worth of goods and services will be purchased via mobile phones. (ABI Research)
  • The market for mobile payments is expected to quadruple by 2014, reaching $630 billion in value. (Juniper Research)
  • 20% of all consumers and 32% of 18-34 year olds are researching purchases via mobile at least monthly. (ATG, Inc.)

Contact our Mobile Commerce Experts

Here at Blue Ocean Interactive, we can customize a mCommerce solution that can be tailored to the exact needs of your business. Please contact our solutions experts if you are interested in discussing your mCommerce possibilities.