Market Research Report
|Published by||Global Industry Analysts, Inc.||Product code||307593|
|Published||Content info||130 Pages
Delivery time: 1-2 business days
|Published: July 1, 2020||Content info: 130 Pages||
Global M-Commerce Market to Reach $6.6 Trillion by 2027
Amid the COVID-19 crisis, the global market for M-Commerce estimated at US$1.9 Trillion in the year 2020, is projected to reach a revised size of US$6.6 Trillion by 2027, growing at a CAGR of 19.8% over the period 2020-2027.
The U.S. Market is Estimated at $504.2 Billion, While China is Forecast to Grow at 24.8% CAGR
The M-Commerce market in the U.S. is estimated at US$504.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.6 Trillion by the year 2027 trailing a CAGR of 24.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15.5% and 18.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 17% CAGR.We bring years of research experience to this 16th edition of our report. The 130-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others,