Nearly half (46%) of all e-commerce market revenue in Australia last year was transacted through mobile devices, the tech analyst firm Telsyte says, with what it calls the m-commerce market being worth $15.2 billion in 2018, compared to $12.0 billion in 2017.
Mobile commerce around the world is expected to grow even faster than e-commerce this year, according to a new report which forecasts that large markets in the Asia Pacific region like China, Japan, India, South Korea, Taiwan and Malaysia will see high growth in m-commerce, along with the UK.
Mobile payments globally will rocket to US$1 trillion in value by 2017, up from an estimated $500 million this year.
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