Tag: mobile commerce report

New report examines the mobile commerce landscape of 2013

Mobile Commerce Daily has released a new report highlighting the trends that are emerging in the retail industry. The report, titled the Mobile Commerce Outlook 2013, provides some insight on how retailers are approaching the issue of mobile commerce and the various challenges they face in doing so. More retailers are beginning to feel the need to cater to mobile consumers, especially as these people become more prone to spending money through their mobile devices rather than participating in traditional forms of commerce. As mobile payments become more common, companies that opt out of mobile commerce may be missing a major opportunity.

Consumers showing more comfort with mobile shopping

According to the report, consumers are more likely to purchase more products if they are shopping from a mobile device. Retailers with efficient and easy-to-use mobile commerce systems see higher sales volumes than those offering cumbersome services. Consumers have shown a great deal of comfort in purchasing products using their smartphones and tablets, even when faced with lingering security concerns the inefficiency of some mobile commerce platforms.

Amazon and eBay establish strong lead in mobile commerce

Companies that already have a strong online presence have been able to establish a formidable lead in the mobile commerce arena. eBay, for instance, expects to see more than $20 billion in global mobile sales in the coming years. Amazon continues to enjoy a dominant role in the retail industry, which has been punctuated by the company’s growing support for mobile commerce. The company has begun catering more heavily to mobile consumers, forcing its competitor to follow suit or risk losing out on a sizable portion of loyal customers.

Security concerns likely to persist into the future

Mobile commerce is still faced with significant challenges which are not likely to be entirely overcome this year. Security remains one of the most significant of these challenges. While many consumers pay little attention to the issue of mobile security, when financial information becomes involved they begin to show more concern. There is no simple solution to the security issue, which means that it will likely continue to plague mobile commerce well into the future.

The IDC has announced that smartphones are now shipping in larger numbers than feature phones.

An important first has been making technology news headlines as the International Data Corporation has announced that in 2013, the number of smartphones that have been shipped will be greater than the number of feature phones.

The IDC is calling this a groundbreaking milestone since its initial prediction was made this week.

The IDC’s Worldwide Quarterly Mobile Phone Tracker report has released the technology news in addition to the statistics to back it up. The organization has predicted that approximately 918.6 million smartphones will have been shipped this year around the world. This represents 50.1 percent of the total shipments of mobile phones. Though it is only a sliver above the halfway mark, it represents the first time that the smart devices have taken the lead.

One of the reasons for this technology news is that the price of smartphones is coming down around the globe.

Aside from prices, there are other factors that were included in the technology news announcement. For instance, there are far more options available among smartphones than ever before. Furthermore, there has been a widespread roll-out of data focused fourth generation (4G) wireless networks in many regions worldwide. This has made the devices increasingly attractive to users who can now afford them and can use them in a realistic and practical way.

The technology news report also showed that the IDC anticipates that within the next four years, there will have been 1.5billion more smartphones shipped globally. This will make up more than two out of every three mobile phone shipments.

Central to the size of these technology news numbers are the massive emerging markets around the world, such as those in India and China. According to an IDC Asia/Pacific senior research manager, Melissa Chau, “While we don’t expect China’s smartphone growth to maintain the pace of a runaway train as it has over the last two years, there continue to be big drivers to keep the market growing as it leads the way to ever-lower smartphone prices and the country’s transition to 4G networks is only just beginning.”