TechNavio today launched its report Global Mobile Commerce Payment Market 2011“2015 based on an in-depth study covering the Americas, and EMEA and the APAC regions. The report aims to aid decision makers™ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio™s Telecom team said; Mobile payment mode is widely used in developing countries to purchase goods and tickets digitally. In North America and Europe, the use of mobile ticketing and digital purchases is growing rapidly. Ticketing and digital purchases are expected to grow explosively in the coming years. Digital goods such as ringtones, games, wallpaper, mobile applications, and mobile ticketing account for the largest share of the Mobile Commerce Payment market.
According to the report, the high adoption rate of mobile devices has increased the use of mobile internet services, which can further increase the adoption of mobile payments. Users can also use short message service (SMS) as another option to make mobile payments. SMS is currently the most-used mode of mobile payment.
Further, the report also discusses that one of the main challenges in the Global Mobile Commerce Payment market is that end-users are concerned about the security of mobile payments.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-mobile-commerce-payment-market-2011-…
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TechNavio Announces the Publication of its Report “ Global Mobile Commerce Payment Market 2011“2015
