M-Commerce Growth Stats in Recent Years #Infographic

Published by Web Desk Thursday, April 21, 2016

What is 'M-Commerce'? M-commerce is also known as next-generation of e-commerce. Mobile commerce is the purchase and sale of goods and services with the use of wireless handheld devices like smartphones. The most amazing fact is, m-commerce market is growing 300% faster than e-commerce.

According to BI Intelligence report, by 2020, m-commerce will cover 45% of total e-commerce, which is equal to $284 billion in sales. By 2017, mobile devices will make up 87 percent of the total sales of Internet-enabled technology. 50 percent of current mobile users say they will use their mobile wallets for daily transactions as early as 2016. According to paypal, m-commerce spending to be over $290 billion by 2016. So m-commerce is the future of every business.

If your business has a mobile app -- THAT's GREAT! But if your business that don’t have an app, then you must think about to develop an app after seeing these m-commerce stats.

Infographic by: www.konstantinfo.com

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