Email
Password
Remember meForgot password?
    Log in with Twitter
Press Release

Dec 11, 2018 19:19 UTC

Global M-Commerce 2018-2021 - M-Commerce Accounts for Over Half of Global Online Retail - ResearchAndMarkets.com

DUBLIN--(Business Wire)--The "Global M-Commerce 2018" report has been added to ResearchAndMarkets.com's offering.

Global M-Commerce sales are projected to double between 2018 and 2021, with MCommerce's share of total online retail increasing to almost three-quarters, according to a forecast cited in this report.

Although all global regions have experienced growth in M-Commerce adoption in recent years, Asia-Pacific remains the global leader in mobile shopping, accounting for around 50% of global online transactions conducted via mobile devices. Moreover, China alone generated around two-thirds of global M-Commerce sales in 2017 with a projection to further growth.

Among the main drivers of global mobile shopping are the increasing number of mobile and Internet users, growing adoption of mobile payment methods and the development of mobile shopping apps and mobile-enhanced websites. Asia had the highest rate of Internet traffic stemming from mobile phones, followed by Africa and South America, as of early 2018.

One more important growth driver is the development of mobile shopping apps. Already in 2017, almost one-third of online retail sales worldwide were generated via mobile apps, with the highest share belonging to the global leader -Asia and the second highest to North America.

Due to the wide success of M-Commerce worldwide, risk of fraud through the mobile channels rises. Detecting fraudulent orders and security concerns with mobile platforms are among the main challenges for the M-Commerce merchants worldwide.

In order to reduce the various fraud risks, M-Commerce merchants have adopted an array of fraud prevention tools; among the most popular are card verification value (CVV), fraud scoring, address verification service (AVS), authentication and velocity checks, as revealed by a survey of merchants cited in the report.

Key Topics Covered

1. Management Summary

2. Global Developments

3. Asia-Pacific

4. Europe

5. North America

6. Latin America

7. Middle East and Africa

Companies Featured

  • 11Street Co. Ltd.
  • AliExpress Ltd.
  • Alibaba Group Holding Ltd.
  • Amazon.com Inc.
  • Blibli.com
  • Cdiscount SA
  • Coupang Corp.
  • eBay Inc.
  • ebay Gmarket Co. Ltd.
  • FNAC S.A.
  • Groupon Inc.
  • Lazada Group S.A.
  • Lojas Americanas S.A.
  • MercadoLibre Inc.
  • Otto GmbH & Co. KG
  • Tokopedia PT
  • Vente-privee.com S.A.
  • Wemakeprice Inc.
  • Wish Inc.

For more information about this report visit https://www.researchandmarkets.com/research/rwqwtm/global_mcommerce?w=4

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T. Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: M-Commerce

Latest News
Top News