GITNUX MARKETDATA REPORT 2024

Mobile Commerce Industry Statistics

The mobile commerce industry is expected to continue its rapid growth, with increasing mobile payment transactions and a surge in mobile shopping among consumers worldwide.

Statistic 1

"Mobile commerce is expected to generate $3.56 trillion in 2021, a growth of 22.3% over the previous year."

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Statistic 2

"By 2021, 72.9% of all retail e-commerce is expected to be generated via m-commerce."

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Statistic 3

"The highest spending mobile shopping apps in the U.S. saw revenue surge by 40% year-over-year."

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Statistic 4

"67% of consumers say they shop on their mobile devices because it's convenient."

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Statistic 5

"79% of smartphone users have made a purchase online using their mobile device in the last 6 months."

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Statistic 6

"Mobile devices will drive 80% of global internet usage."

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Statistic 7

"50% of the people who own a smartphone have made a purchase from a company site after seeing an advertisement on social media."

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Statistic 8

"An average U.S. consumer spends 5 hours a day on mobile devices."

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Statistic 9

"By 2024, mobile commerce sales are projected to reach 44 percent of total e-commerce sales."

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Statistic 10

"Nearly 40% of all retail ecommerce will come from smartphones by the end of 2020."

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Statistic 11

"More than 50% of all Smartphone users have made a purchase with a shopping app."

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Statistic 12

"Apple's App Store has 2 million apps available for download."

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Statistic 13

"Mobile apps are projected to hit $188.9 billion in revenue by 2020."

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Statistic 14

"Nearly 60% of all online searches are now carried out on mobile devices."

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Statistic 15

"Mobile apps are expected to generate over $935 billion in revenue by 2023."

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Statistic 16

"The average mobile conversion rate (CVR) for leading ecommerce websites is around 1.82%."

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Statistic 17

"By 2021, mobile is predicted to dominate online sales, driving 54% of all sales."

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Statistic 18

"The average order value on mobile ecommerce is $86."

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Statistic 19

"Mobile apps account for over half of all time spent on digital media."

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Statistic 20

"88% of consumers who search for a type of local business on a mobile device call or go to that business within 24 hours."

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