Market Research Report on the Wireless Chipsets for Mobile Devices Market 2016 is a detailed report that presents a unique amalgamation of expert industry knowledge. The report presents the market trends and the market size of each individual sector. This report on the Wireless Chipsets for Mobile Devices market commences with a market overview and highlights the historical data pertaining to the Wireless Chipsets for Mobile Devices industry, coupled with information about the present scenario.

The report further covers the market drivers and market restraints acting upon the industry. These drivers and the restraints are presented along with an explanation of their respective effect on the growth of the market in the forecast horizon. Moving further, the report elaborates the opportunities prevalent in the Wireless Chipsets for Mobile Devices industry and their affect on the prime players operating in the Wireless Chipsets for Mobile Devices market. The detailed segmentation of the market comes as the next part of this market research report.

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The report comprises insightful information on the major segments of the Wireless Chipsets for Mobile Devices industry, coupled with the sub-sectors. Size of the key segments along with their revenue share with insightful forecasts is presented via this report. The other substantial sub-segments are also elaborated via this report. The report ponders upon the current key findings related to the Wireless Chipsets for Mobile Devices market, which act as an asset for the emerging industry participants. Towards the end of the report, a detailed evaluation on the competitive landscape of the market is presented. The top players along with their business overview have also been featured in this research study.

The report also features contributions from various key industry participants prevalent in the Wireless Chipsets for Mobile Devices market. The major players top strategies, collaborations, market revenue, innovations, and various other developments have been covered in detail via this report. The insights related to the major companies prevalent in the Wireless Chipsets for Mobile Devices market will enable businessmen to gain knowledge on the market opportunities they can tap into, along with getting acquainted with the best of strategic decisions.

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Finally, “worldwide Wireless Chipsets for Mobile Devices market” Analysis- feasibility of new investment projects is assessed, and overall research conclusions are offered.

Mobile commerce is expected to lead the growth of online payments adoption in Malaysia.

According to iPay88, the leading online payment service provider in South East Asia, Malaysia’s m-commerce market will lead the growth of online payments adoption through mobile shopping. The executive director of iPay88 Chan Kok Long said that mobile commerce is now the hot trend to watch and that based on the ratio of the company’s mobile traffic – including its total online payment transactions – digital payment transactions make up nearly 70 percent of the Malaysian market, reported Marketing Interactive.

The mobile commerce trend is expected to rise as the number of mobile device users increases.

Last year, iPay88 recorded that 3.7 million online shoppers who made purchases via its systems used a mobile device. Back in 2014, this number was only 2.0 million, clearly revealing that the growth of mobile shopping in the country is accelerating at a huge speed. So far, this year, iPay88 has reported that in the first quarter 1.6 million shoppers have already made purchase via mobile.

With the number of mobile users increasing in Malaysia, the m-commerce trend is forecasted to increase. In 2015, mobile penetration reached 136 percent with 47 percent of Malaysians using their mobile phones to shop online.

Additionally, iPay88 has also noticed an increase in the number of merchants actively promoting mobile purchases this year. The company also noted that the percentage of mobile traffic has risen significantly from 27 percent in 2014 to 38.4 percent in 2015 to 48.6 percent in 2016 so far.

Malaysia’s m-commerce market ranks third in terms of mobile shopping growth rate in Asia.

This statistic comes from a mobile shopping survey conducted last year, which revealed the country’s mobile shopping growth rate to be over 20 percent from 25.4 percent in 2012 to 45.6 percent in 2014.

Amazon, Apple, Google Play, Walmart and several other popular international online stores have recorded a growing number of consumers making purchases via mobile. However this doesn’t come as a surprise.

“No doubt the availability of cheap smart phones and laptops have made the Internet accessible to a whole new demographic. The advent of tablets and smart watches has also broadened the spectrum of Internet usage,” said iPay88’s executive director Chan Kok Long.

In terms of the m-commerce market in Malaysia, ticketing accounts for 35 percent of purchases made via smartphones, while marketplace/group buying makes up 29 percent. However, when it comes to airline tickets, these items are mostly purchased via tablets.