Understand and measure the impact of COVID-19 on the telecom industry!

Virus impact over each market - telecom operators, government agencies and regulators' responses - revised forecasts for the next 5 years.

See updated country reports

Digital Economy - M-Commerce and M-Payments - Key Sectors in 2013

Report Cover Image

Last updated: 12 Aug 2013 Update History

Report Status: Archived

Report Pages: 16

Analyst: Kylie Wansink

Synopsis

Archived report. Mobile commerce is one of the hottest sectors right now and it is gaining importance for a wide range of industries, including telecommunications, IT, finance, retail and the media, as well as for end-users. It works best in those areas where it can emphasise the core virtue of mobile networks – convenience. The enormous success of smart phones is linked to the Apps which are available and increasingly commercial models will be linked to these apps - which will result in further spectacular growth in m-commerce. BuddeComm sees the development of m-wallets as a major breakthrough for the m-payment sector and beyond, and could indeed be a game changer. Please note, a separate report is available on the global e-commerce sector.

Key developments:

in 2013 eBay plans to make PayPal available in around two million stores via a credit card reader in order to establish itself further in the m-payment sector; In February 2013 Visa and Samsung announced that Visa's NFC payment system will be built into all future Samsung smartphones; Samsung is the world's biggest smartphone maker and together, the two have a solid chance of making mobile payments a global reality; The term SoLoMo (Social, Location, Mobile) continues to be used when referring to developments in the m-commerce sector.

Companies mentioned:

Facebook; Foursquare; Google; Visa; Samsung; Ebay/PayPal; Amazon.

Related Reports

Share this Report

Purchase with Confidence

As you know, I have resigned from the Labor Ministry and have decided not to re-contest the seat of Charlton at the next election – both for personal reasons.

Before leaving Parliament, I particularly wish to record my thanks to you for your generous and constructive participation in the deliberations that generated significant economic policy reforms for the Australian community. Continuous economic transformation is a key challenge that faces all Governments.

The development of sound public policy should always be contestable. Ultimately, good and equitable outcomes are not concessions to any particular interest group, but the careful balancing of interests to create the greatest possible benefit for the nation. You have contributed to that, and I sincerely thank you for it.

Greg Combet, Former Minister for Climate Change, Industry and Innovation

Research Methodology

BuddeComm's strategic business reports contain a combination of both primary and secondary research statistics, analyses written by our senior analysts supported by a network of experts, industry contacts and researchers from around the world as well as our own scenario forecasts.

For more details, please see:


Research Methodology

Sample Reports

A selection of downloadable samples from our Annual Publications catalogue.


Download a Sample Report

More than 4,000 customers from 140 countries utilise BuddeComm Research

Are you interested in BuddeComm's Custom Research Service?

News & Views

Have the latest telecommunications industry news delivered to your inbox by subscribing to Paul's FREE weekly News & Views.