Mobile Commerce and Grocery Commerce Market to Garner USD 2,411.45 Billion Revenue by 2025 Due Rising Use of M-Payments

Boonton, NJ -- (SBWire) -- 10/15/2018 --Global Mobile Commerce and Grocery Commerce Market Analysis

According to Verified Market Intelligence, The Global Mobile Commerce and Grocery Commerce Market was valued at USD 270.76 billion in 2017 and is projected to reach USD 2,411.45 billion by 2025, growing at a CAGR of 31.5% from 2018 to 2025.

What is Mobile Commerce and Grocery Commerce?

m-Commerce, also known as mobile commerce is a mode of payment that is used in buying and selling of services and goods through handheld wireless devices such as mobile phones or personal digital assistants (PDAs). Grocery commerce is used as an online payment mode for buying different grocery products such as dry or canned food, pulses, vegetables etc. It provides an ease to consumers in order to buy or sell various food products online. Increased usage of smartphones and internet has boosted the growth of mobile commerce and grocery commerce market.

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Global Mobile Commerce and Grocery Commerce Market Outlook

Increasing penetration of internet and smart devices, enhanced bandwidth, and rise in the adopted rate of m-payments services online wallets have been driving the growth of the global Mobile Commerce and Grocery Commerce market. On the other hand, lack of mobile-friendly websites and slow speed of the internet in developing countries might hinder the overall growth at a global level.

Global Mobile Commerce and Grocery Commerce Market Competitive Landscape

The "Global Mobile Commerce and Grocery Commerce Market" study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Ericsson, Gemalto, Google Inc., IBM Corp., Mastercard Inc., Mopay Ag and Oxygen8. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis.

Global Mobile Commerce Market Estimates and Forecast, By Transaction Type

M Retailing
M Ticketing/Booking
M Billing
Others

Global Mobile Commerce Market Estimates and Forecast, By Payment Modes

Near Field Communication (NFC)
Premium SMS
Wireless Application Protocol (WAP)
Direct Carrier Billing
Others

Global Grocery Commerce Market Analysis

Grocery e-Commerce Analysis
Factors Influencing Grocery e-Commerce Market
Retailer Presence
Delivery Logistics
Ease of Buying
Cultural Nuances

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Global Mobile Commerce and Grocery Commerce Market Geographic Scope

North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Rest of Europe
Asia Pacific
China
Japan
India
Rest of Asia Pacific
Latin America
Brazil
Rest of the World