According to current data (January 2020), the mobile phone population has officially overtaken the human population of this planet – there are almost 1 billion more mobile phones than people! That makes it the fastest-growing technological phenomenon ever, and it shows no signs of slowing down!
In this scenario, the exponentially expanded opportunities for mobile commerce are only to be expected. Just one forecast – $3.56 trillion revenue generation from mobile commerce – highlights the enormous scope! Here’s a close look at some key market-related statistics and trends for mobile commerce over the next 5 years.
Mobile Commerce Market:
Infographic by – Appinventiv