Search Market Research Report
M-Commerce Market Size, Share Global Analysis Report, 2020–2026
M-Commerce Market By Payment Modes (Premium SMS, Wireless application protocol (WAP), Near Field Communication (NFC), and Direct Carrier Billing), By User Type (Feature Phone Users and Smart Device Users), and By Transactions (M Retailing, M Booking, M Billing, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026
Industry Insights
[225+ Pages Report] According to the report published by Facts Factors, the global m-commerce market size was worth around USD 472 billion in 2019 and is predicted to grow to around USD 3,901 billion by 2026 with a compound annual growth rate (CAGR) of roughly 34.9% between 2020 and 2026. The report analyzes the global m-commerce market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the m-commerce market.
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.
Key Insights from Primary Research
- Our primary respondents stated that an increase in smartphone users has driven by the m-commerce consumer, which has been driving the global m-commerce market.
- An increase in the investment by retail companies in enhancing the customer retention rate and increasing consumer convenience to make informed decisions has been vital for market development.
- Based on payment modes, the direct carrier billing segment dominated the global m-commerce market in 2019, accounting for a market share of 40% in 2019.
- In terms of transactions, the m-retailing segment held a major share of 45% in the m-commerce market in 2019 and is expected to foresee the highest CAGR over the projected period.
Key Recommendations from Analysts
- Our analysts estimate that the growing focus of retail companies on improving user experience by using emerging technologies such as VR and AR is expected to create new opportunities for the global m-commerce market.
- In terms of geography, the Asia Pacific region dominated the global m-commerce market in 2019 and is estimated to experience the fastest growth in the years ahead.
- Our analysts predict that the global m-commerce market was projected at around USD 472 billion in 2019 and is expected to grow at a CAGR of around 34.9% over the period 2020-2026.
- Owing to soaring growth in the retail and online shopping industries, the m-commerce market is estimated to reach a market value of USD 3,901 Million by the end of 2026.
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.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 472 Billion |
Projected Market Size in 2026 |
USD 3,901 Billion |
CAGR Growth Rate |
34.9% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
3D Systems Corporation, Ericsson, Gemalto, Google, IBM, MasterCard, Mopay, Oxygen8, PayPal, SAP, and Visa among various others. |
Key Segment |
By Payment, User, Transactions, Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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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 include
- 3D Systems Corporation
- Ericsson
- Gemalto
- IBM
- MasterCard
- Mopay
- Oxygen8
- PayPal
- SAP
- Visa
The taxonomy of the m-commerce market by its scope and segmentation is as follows:
By Payment Modes Segmentation Analysis
- Premium SMS
- Wireless application protocol (WAP)
- Near Field Communication (NFC)
- Direct Carrier Billing
By User Type Segmentation Analysis
- Feature Phone Users
- Smart Device Users
By Transactions Segmentation Analysis
- M Retailing
- M Booking
- M Billing
- Others
By Regional Segmentation Analysis
- North America
- The U.S.
- Canada
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table of Content
Industry Major Market Players
- 3D Systems Corporation
- Ericsson
- Gemalto
- IBM
- MasterCard
- Mopay
- Oxygen8
- PayPal
- SAP
- Visa
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