Mobile commerce, or m-commerce, will drive an estimated $516 billion in sales over the next three years, accounting for more than 70 percent of all mobile Internet revenue.
Check out the hottest mobile IT news for August 19, including the inclusion of smart armbands in the workforce, the huge expected bump in mobile commerce, the top three telematics companies, what mobile device JetBlue just furnished its in-flight crew with and the growth of the mobile app market.
Consumer fears over security and privacy continue to haunt mobile commerce, with a new study finding that nearly half of all consumers would never use mobile payment and banking apps.
Not only are consumers visiting retail store websites on their smartphones more frequently than in years past, they're completing more purchases from mobile devices as well.
U.S. mobile commerce sales are exploding, soaring 19-fold from 2010 to 2013, according to the Custora E-commerce Pulse Mobile Report.
Check out the hottest mobile IT stories for July 10, including the latest numbers on Jello Labs funding, the expected growth of smartphones for 2018, what kind of product makes up the majority of wearables, the technology TechNavio says is fueling software sales and what the big tech companies will do next to track customers.
Major retailer Walmart is enhancing its mobile platform by adding e-receipts as an alternative to the normal paper slip usually given to customers.
Consumers are increasingly using smartphones to shop and order goods at retailers' websites.
Radio frequency identification, or RFID, was once seen as the future of supply chain efficiency, but these days it seems RFID's real value may be found in the storefront and not in the back room.
The number and total value of merger and acquisition activity in the mobile payments sector dropped significantly last year, but the sector is poised for strong growth, says Mooreland Partners.