Category: Mobile Commerce

Technology news from China reveals new leader in the smartphone market

China Mobile Technology NewsSamsung is now leading the way in the Chinese marketplace as Nokia drops down to seventh place.

Android has been making massive technology news headlines in China’s smartphone market as it is now representing an estimated 86 percent of the devices in the country, as per the statistics from the last quarter of 2012.

Samsung has now leapt ahead as the leader of the devices based on that Google operating system.

That manufacturer has made some highly strategic moves that have made technology news so that they could ride their way right up to the top of the list. This new data was just released by Strategy Analytics, which performed an analysis on the data from Q4 of last year. It also almost tripled its sales in China during 2012.

The latest technology news estimates are suggesting that during 2012 alone, Samsung sold 30.06 million smartphones within the country

This represented 17.7 percent of the entire market and is a massive increase over the number that it sold in 2011, which was 10.9 million and which represented 12.4 percent of the entire market.

The reason that this is making technology news headlines around the world is that China is the largest smartphone market in the world. Moreover, its steady climb up to the top has happened at the same time that Nokia has taken a considerable slide. This took its market share from 2011 when it was 29.9 percent, to reach only 3.7 percent in 2012. It had previously been in first place, but it has dropped down to seventh place.

Among all of the remaining smartphone manufacturers making technology news, Lenovo has come in strong as the second place holder. It has taken a 13.2 percent share of the Chinese market. This is a meaningful increase after having only 4 percent in 2011. Apple had an 11 percent share and third place, followed by Huawei at 9.9 percent, and the local device maker, Coolpad, at 9.7 percent. Those were the companies that made up the coveted top five positions within the Strategy Analytics report that has only just been released to the public.

Mobile payments could break the $1 trillion mark in three years

Mobile Payments 1 TrillionThe latest Heavy Reading report has revealed its latest predictions for the market for 2015.

The popularity of mobile payments is already growing, despite a rather slow and rocky start, and according to Heavy Reading Mobile Networks Insider, this has set the market on the path to breaking the $1 trillion mark in transactions by the close of 2015.

The industry is also at the point that it is growing quickly and is creating heavy competition even before becoming mainstream.

The mobile payments industry is now offering a vast array of different solutions for generating revenue. This latest Heavy Reading report has forecasted that within the next three years, the market will have skyrocketed to the point that its transactions will have been worth more than $1 trillion, worldwide.

The report has also predicted that mobile payments will be an important factor in the success of m-commerce.

It looked into mobile payments as a whole and came up with a number of predictions in terms of market drivers in addition to the challenges that this industry could face. It also performed a comparative analysis of the various types of solutions that have become available within this ecosystem and attempted to provide details regarding the types of trends that are likely to happen if the industry continues in the same direction over the upcoming year and a half to two years.

According to Heavy Reading report author, research analyst Denise Culver “Mobile payments have gone from being a cool-to-talk-about concept to a disruptive technology in a relatively short time frame.” She went on to say that “MNOs and payment vendors should be looking at different ways to drive demand for mobile payments, which have the potential to create significant revenue throughout the entire mobile ecosystem.”

Some of the report’s data has indicated that consumers that are already comfortable with making payments online, such as for purchasing products and services and for paying their bills, are among those who are already using their smartphones and tablets for these same tasks. Culver has predicted that as the penetration of these devices continues, it will be “only natural” that these same individuals will increase their desire and likelihood to apply those devices for transaction purposes.