69.4 million US consumers are expected to use mobile payments in 2020. Today, most people browse the web on mobile devices instead of desktop computers. Mobile-first websites. Global ecommerce statistics show the percentage of consumers using their smartphones for shopping also exceeded half, accounting for 55.4% of global . Several factors contribute to desktop internet usage stats in the United States. According to a report, the global mobile Apps market size was $106.27 billion in 2018. Undoubtedly, the COVID-19 pandemic shifted many trends, such as a dramatic shift to remote work for many businesses, along with e-commerce shopping. 9. B2B Ecommerce Statistics. The year 2021 saw annual retail e-commerce sales pass $4.9 trillion worldwide, and eMarketer predicts it will grow to over $5.5 trillion by the end of 2022. Even with these statistics, there were still five times the amount of ultra-long attacks (attacks that last for more than 140 hours) in Q2 2020. . Mobile commerce is an incredibly efficient way to sell via the online world, and it's why mobile-friendly websites are all the rage these days. 110. ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office . According to Digital Commerce 360, in 2021, online sales on B2B ecommerce sites, log-in portals and marketplaces increased 17.8% to $1.63 trillion. The average U.S. consumer spends roughly $100 per m-commerce purchase. Mobile commerce sales are projected to reach $3.56 trillion in 2021—22.3 percent more than the $2.91 trillion it registered in 2021. April 5, 2022 by Mohd Zia. Mobile retail commerce sales are projected to make up 53.9% of total retail ecommerce sales in 2021 (Statista, 2020). According to statistics, . Analysts predict global mobile commerce sales will reach $3.56 trillion in 2021. Here's a five year stretch of tablet sales as a . Mobile Commerce Accounted for Nearly a Quarter of Digital Commerce Spending in Q4 2017. 54% of total e-commerce sales will come from mobile commerce sales by 2021. Image Source. And that the e-commerce industry is flourishing through the help of mobile-based visits and purchases? As America's Data Agency, the Department of Commerce is using its data to spur innovation inside and outside the Federal Government and . Almost 80% of users have bought online using their mobile devices within the last six months. Adoption of mobile payments is weakest in developed nations, such as Germany and France, which are finding it hard to . 6. By Infographic B2B on January 25, 2022. E-Commerce Statistic #5: E-Retail Sales Are Projected to Grow to $5.4 Trillion in 2022. Ecommerce Statistics and Trends 2022. Additionally, in many ways, COVID-19 accelerated a number of technology trends, including the use of mobile . What's more, predictions estimate the US m-commerce will reach over $418 billion by 2024. Mobile commerce keeps growing. The world transitioned in many different ways over the last few years. Voice commerce sales are expected to reach over $40 billion sales by 2022. 17 That's more than the GDP of . 108. Seemingly every aspect of business was moved or accelerated towards a digital structure amid the pandemic, including B2B communications. 49% of consumers use their smartphones for shopping online. 17% of online shoppers in the UK have been using their tablets for shopping in 2020.; In 2020, 66.7% of UK shoppers switched to mCommerce. Last updated on January 24, 2022. Last year, the mobile commerce revenue generated was $1.8 trillion and this year, it has touched $2.32 trillion (A value that is nearly 2X the one recorded in 2016). Mobile is the future of online shopping, and mobile traffic already accounts for over 50% of the total. 7. General Mobile Commerce Statistics in 2021. Mobile Commerce Statistics Mobile eCommerce, also known as mCommerce or mobile commerce, refers to online research and purchasing using mobile devices such as smartphones, tablets, or laptops. The eCommerce industry is growing 23% year-over-year, yet 46% of American small businesses still don't have a website. Contacts. E-commerce App Revenue and Usage Statistics (2022) In the past two decades, the e-commerce industry has shifted from a wide array of websites specialising in a single category, think Amazon (books), Zappos (apparel), Newegg (electronics) and Stubhub (tickets), to a few marketplaces stocking as many items as possible. Alright, let's jump right in and see how mobile e-commerce has been doing in the last few years, and how we can expect it to develop in the near future. By 2021, the world's m-commerce sales will make up for 53.9% of all e-commerce sales. ; In the second quarter of 2020, only 5.3% of people in the UK ordered new products via desktop. [ 7 ] Mobile commerce sales are projected to reach $3.56 trillion in 2021—22.3 percent more than 2020 [ 8]. Additionally, in many ways, COVID-19 accelerated a number of technology trends, including the use of mobile . Voice commerce sales reached $1.8 billion last year, with the potential to reach $40 billion in 2022. In the first 10 days of November 2020 alone, US consumers spent $21.7 billion online - that's a 21% increase year-over-year. More Than 90 Percent of Mobile Coupon Users Redeemed a Coupon Code in 2018. Mobile Commerce Will Represent One in 10 Retail Sales By 2025 (Statista) Shoppers convert at a (fractionally) lower level and spend less per transaction on mobile than desktop. 7. 8. Statistics forecasting the future of mobile commerce in 2020 & beyond 1. But even though the mobile commerce growth rate over the past year has been slightly slower than the average . Interesting eCommerce Statistics. Here's how your business can get ahead in m-commerce in 2022. For one, it's a relatively wealthy country, where most households own desktop or laptop computers. Digital wallet / Mobile wallet is online shoppers' most preferred payment method. Mobile devices are used for over 40% of online transactions. Over the past few years, mobile commerce has been increasing rapidly due to its innumerable advantages. 4.55% tablet. Mobile commerce statistics confirm that businesses are taking advantage of that technology big time. This means that today's customers are using mobile devices more frequently to make purchases online. That's a 9.2% increase from 2021's expected forecast. The average conversion rate remained 2.86% for eCommerce websites. The pandemic-driven two-year ecommerce boom of 2020 is set to decelerate considerably this year. eCommerce Growth Statistics By the year 2040, it's estimated that 95% of all purchases will be through eCommerce. But it does not take rich applications or AI to be a part of this . Mobile Commerce Sales Will Make Up More Than Half of Total E-Commerce Sales By 2021. That's a 2.5% increase compared to $2.91 trillion in 2020. The demand for mobile commerce and mobile app development is increasing every day. M-commerce market size is predicted to rise to $488.0 billion or 44% of e-commerce by 2024. Mobile payments. 150 million, which is approximately 56% of the consumer population of the US are using mobile payments for in-store payments by the end of 2020. B2B ecommerce is here. In the second quarter of 2020, 31% of the total ecommerce spend was made on mobile devices. M-Commerce growth statistics show that since 2016, m-commerce has seen an average increase of 33.1% annually! Statistics of mCommerce Retail. 35% of US consumers use only their mobile device to buy online. 58.4% of internet users buy something online every week. More Than 90 Percent of Mobile Coupon Users Redeemed a Coupon Code in 2018. This is why optimization for mobile is a smart move for your e-commerce product page. Here's something you'd be happy to know: According to mobile internet usage statistics, total e-commerce sales will grow by $650 billion by the end of the year. By 2024, experts estimate there will be 187.5 million mobile shoppers in the US. US adults spent 229 minutes or 3.81 hours a day on their smartphones in 2020. In 2020, it was worth $4.9 billion meaning it will almost double in three years. 3. 32 Remarkable DDoS Statistics for 2022. . ; Insider Intelligence forecasts that US mcommerce will nearly double its share of total retail sales between 2020 and 2025. Spurred by changes in mobile advertising, developers will integrate more commerce features into apps in 2022. In 2020, mobile commerce revenue in the US reached $339 billion. April 07, 2022 05:30 AM Eastern Daylight Time DUBLIN--( BUSINESS WIRE )--The "Georgia - Telecoms, Mobile and Broadband - Statistics and Analyses" report has been added to ResearchAndMarkets.com's . According to estimates, retail m-commerce sales in the United States exceeded 360 billion U.S. dollars in . By 2025, retail mcommerce sales should more than double to reach $728.28 billion and account for 44.2% of retail . SimiCart's M-Commerce Statistics. [ 9] Last year, the mobile commerce revenue generated was $1.8 trillion and this year, it has touched $2.32 trillion (A value that is nearly 2X the one recorded in 2016). Global B2B Mobile Commerce Market 2022 Research Report is spread across 114 pages and provides exclusive vital statistics, data, information, trends and competitive landscape details in this niche . In 2021, nearly 73% of ecommerce sales are expected to come from purchases on mobile devices. Cellular phone user numbers are expected to reach 63.4% of the global population in 2019. But 79% of large online advertisers still do not have a mobile-optimized site. By 2022, 120000 stores will use Augmented Reality (AR). This results in an increase of more than 22.3% of total sales reported in 2020 - $ 2.91 trillion. Ecommerce sites have been optimizing the mobile experience to increase their online sales for years. Mobile payments are used by more than two billion people globally, with millions more coming online each year. But before adopting to grow your online business, you should stay updated with the latest trends. Your customers . Based on these projections, tablet sales volume is actually on the decline. (Statista) Mobile commerce refers to commercial transactions conducted online via cell phones. In India, South-east Asia and South America, the younger generation has skipped the usual process of owning a credit or debit card, in favour of using mobile apps. 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