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MOBILE COMMERCE SOLUTION MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Mobile Commerce Solution Market, By Payment Mode (Near Field Communication (NFC), Premium SMS, Wireless Application Protocol (WAP), and Direct Carrier Billing), By Transaction Type (M-Retailing, M-Ticketing/Booking, M-Billing, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Key Developments

In October 2023, Global Payments, a leading provider of payment technology and software solutions, collaborated with Visa, a global leader in digital payments, to launch the Mobile Tap payment solution in Singapore. This innovation aims to transform the payment ecosystem by enabling merchants to process payments directly through their smartphones, thereby eliminating the need for additional hardware investments.

In March 2023, Amazon.com, Inc., a leading e-commerce company, announced the launch of 3-Way Match on the Amazon Business mobile app to assist business customers in improving and enhancing their smart business-buying strategies and automating reporting.

In September 2023, Ericsson, a leading provider of telecommunications equipment and services, announced its partnership with Deutsche Telekom (DT), a major Germany-based telecommunications company, to launch a commercial partnership and offer communication and network APIs to developers and enterprises.

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