Tablet accounts for USD 29 bln of all m-commerce -report

Thursday 13 February 2014 08:12 CET | News

In 2013, tablets accounted for USD 28.7 billion in mobile online commerce, or over 50% of the entire mobile online payments space, recent findings indicate.

According to a report released by Javelin Strategy & Research, tablet payments comprise almost half of all mobile commerce. That is quintuple 2012s USD 5.1 billion. The portion of commerce generated through tablets is fueled by rising device ownership, as mobile consumers ownership of tablets doubled since 2012. As tablet ownership rates continue to grow, the devices are expected to serve as an increasingly dominant purchase channel.

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Keywords: tablet payment, m-commerce, report, mobile payment
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce