Mobile commerce covers everything from e-commerce shopping to mobile banking and purchasing goods using a digital wallet. But here we will specifically focus on the e-commerce part. In this blog, we have outlined the most interesting M-commerce Stats and Trends for 2019 that show just how prominent a role it plays in today’s e-commerce.
So let’s get started.
M-commerce has increased mobile conversion by 10%
M-commerce eliminates the need to go to a brick and mortar store, which has increased the use of online checkouts and mobile wallets. The latest statistics report that online checkouts and digital wallets have increased mobile conversion by 10%.
Over 61 million people in the US will use Mobile payments in 2019
Just two years ago, that number was 48.1 million. According to the latest stats, 2019 is the year of mobile commerce.
Smartphones Will Generate 34% M-commerce Sales in 2019
By 2020, the M-commerce sales from smartphones will see a growth of 31.5% and generate nearly $270 billion.
By 2021, the world’s M-commerce sales will make up for 53.9% of all e-commerce sales
Stats suggest that Smartphones will be the main contributor to E-commerce growth.
E-commerce retailers cannot turn a blind eye toward m-commerce. By observing the current statistics and optimizing their websites for mobile devices, businesses can offer better shopping experience to their current and potential customers. So that they boost their revenues and sales. By analyzing the above stats and trends, we can’t deny the fact that m-commerce is here to stay.
Moreover, you may also check the complete article on The M-commerce Market in 2019.