How big is the mobile eCommerce market | Growth, Size & Analysis 2031

How big is the Mobile eCommerce Market?

This growth is driven by rising internet connectivity and growing smartphone usage. The mobile shopping experience is also being greatly improved by the use of digital wallets, AI-powered personalization, and 5G-enabled mobile experiences.

Growth Factors for Mobile eCommerce Market

• The growing number of smartphone users and mobile-first consumers.
• E-commerce businesses are giving priority to mobile-friendly platforms and app-only deals.
• Increased focus on social commerce, as demonstrated by the growth in sales.
• Personalized marketing driven by AI and data analytics is increasing mobile conversion rates.
• Improved mobile checkout processes are increasing revenue and reducing cart abandonment.

Mobile eCommerce Market Trends

Voice-assisted shopping and AI-based recommendation engines are growing in popularity in the Mobile eCommerce Market. To keep consumers, brands are spending a lot of money on push alerts and app-based loyalty programs. Live commerce, in which influencers use apps to sell goods in real time, is also becoming more popular. Seamless omnichannel integration between mobile apps and offline retail outlets is becoming critical to offering unified shopping experiences. In addition, mobile wallets and one-click checkout options are streamlining the payment process, significantly boosting conversion rates and user satisfaction.

Emerging Developments in the Mobile eCommerce Market

Emerging Developments in the Mobile eCommerce Market are using progressive web apps for fast-loading mobile shopping experiences. Augmented reality for mobile product visualization is helping increase buyer confidence. Customer service integrations and mobile-first returns are simplifying the post-purchase process. For increased security, businesses are experimenting with mobile transactions enabled by blockchain technology. Hyperlocal mobile commerce is rising, especially for groceries and services. Additionally, biometric authentication is becoming standard for secure, frictionless payments.

List of Leading Companies in the Mobile eCommerce Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Amazon.com, Inc.

This company dominates mobile eCommerce worldwide with an advanced app ecosystem offering fast, personalized, and seamless user experience.

2. eBay Inc.

This company maintains a significant mobile user base through simplified mobile listings and AI-powered product recommendations.

3. Rakuten Group, Inc.

This company offers an integrated mobile shopping experience with built-in loyalty, content, and financial services across multiple verticals.

4. Shopify Inc.

This company empowers merchants with mobile-optimized storefronts, integrated payment solutions, and app-based analytics for seamless commerce management.

5. Walmart Inc.

This company has significantly scaled its mobile eCommerce operations with features like curbside pickup, mobile scan & go, and integrated loyalty programs.

6. Zalando SE

This company leads mobile fashion eCommerce in Europe, offering AI-driven recommendations and real-time mobile order tracking for a seamless user journey.

7. ASOS Plc

This company provides a mobile-centric fashion marketplace with features like visual search, try-on previews, and influencer-led live shopping content.

How big is the mobile eCommerce market : FAQs