mCommerce Market Analysis And Segment Forecasts To 2020
Increasing adoption of wireless devices such as smartphones and tablets is expected to be the key factor driving the global mCommerce market growth over the forecast period. Technological advancements along with surging demand for heterogeneous networks (HetNets) and Wi-Fi owing to increasing load on cellular networks is expected to fuel market growth over the forecast period. The aforementioned technologies enable operational efficiency and efficient use of network capacity. Additionally, favorable government initiatives for mRetailing, mTicketing and mBilling etc. are further expected to favor the mCommerce market growth over the next few years. Dearth of mobile friendly websites and internet connectivity may act as a challenge to market growth, particularly in developing regions. Additionally, security and privacy concerns related to online transactions may also hinder market growth over the forecast period. For More Information on "mCommerce Market Research Reports" visit http://www.grandviewresearch.com/industry-analysis/mcommerce-market