Infographic – Growth of mCommerce in Recent Years

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2016 will likely to be known as the year of mobile-commerce. These facts are showing that m-commerce is growing 300% faster than e-commerce.

Over the decade, mobile commerce continued to grow year by year and will continue to see strong growth in the years to come.With mobile sales worldwide projected to be $626 billion by 2018, the sales from mobile devices alone in 2018.

Recent studies revealed that mobile shopping is growing 42% compared to e-commerce and we will see more in coming years. Consumers also want to hit more on online mobile stores like Amazon, Apple, Walmart and Google play. In fact, the mobile revenue generated by Amazon in 2014 is 110% more than previous year, and this phenomenon will continue in coming days, we will see more astounding growth of m-commerce.

Goldman Sachs predicts about the no. of consumers purchase on mobile devices year by year. Goldman Sachs predicted for coming years also. According to this prediction, the no. of purchase on mobile devices will increase by 16% and 13% in 2017 and 2018 respectively.

Growth of mCommerce

 

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About Author
Neeti Kotia

Neeti Kotia

Neeti Kotia is a technology journalist who seeks to analyze the advancements and developments in technology that affect our everyday lives. Her articles primarily focus upon the business, social, cultural, and entertainment side of the technology sector.

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