| Product Code: ETC5426663 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The M-commerce market in Cape Verde is expanding rapidly as mobile device penetration increases. This market encompasses a range of services, including mobile banking, shopping, and payments, and is expected to grow as more consumers and businesses adopt mobile technologies.
The Cape Verde M Commerce Market is driven by the increasing adoption of mobile devices and the growth of mobile shopping and transactions. M-commerce, or mobile commerce, provides consumers with convenient shopping experiences through smartphones and tablets. The rise in internet penetration, mobile app development, and digital payment solutions support market growth.
The m-commerce market in Cape Verde faces several challenges, including limited internet infrastructure and high costs associated with mobile commerce technology. There is also a lack of consumer awareness and adoption of m-commerce solutions. Additionally, logistical issues related to mobile payment systems and security concerns can hinder market growth. Regulatory challenges and the need for localized content and services further impact the development of the m-commerce market.
The government supports the M Commerce market by promoting mobile commerce technologies and digital payment solutions. Policies include providing incentives for mobile commerce startups, ensuring data security and privacy, and fostering innovation in mobile payment systems to enhance consumer convenience and business efficiency.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cape Verde M Commerce Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde M Commerce Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde M Commerce Market - Industry Life Cycle |
3.4 Cape Verde M Commerce Market - Porter's Five Forces |
3.5 Cape Verde M Commerce Market Revenues & Volume Share, By Transactions, 2021 & 2031F |
3.6 Cape Verde M Commerce Market Revenues & Volume Share, By Payment Modes, 2021 & 2031F |
3.7 Cape Verde M Commerce Market Revenues & Volume Share, By Users, 2021 & 2031F |
4 Cape Verde M Commerce Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing smartphone penetration in Cape Verde |
4.2.2 Growing internet connectivity and usage |
4.2.3 Rising demand for convenience and ease of shopping through mobile devices |
4.3 Market Restraints |
4.3.1 Limited digital payment infrastructure and options |
4.3.2 Concerns about data security and privacy |
4.3.3 Challenges in building trust in mobile commerce platforms |
5 Cape Verde M Commerce Market Trends |
6 Cape Verde M Commerce Market Segmentations |
6.1 Cape Verde M Commerce Market, By Transactions |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde M Commerce Market Revenues & Volume, By M Retailing, 2021-2031F |
6.1.3 Cape Verde M Commerce Market Revenues & Volume, By M Ticketing/Booking, 2021-2031F |
6.1.4 Cape Verde M Commerce Market Revenues & Volume, By M Billing, 2021-2031F |
6.1.5 Cape Verde M Commerce Market Revenues & Volume, By Other M Commerce Services, 2021-2031F |
6.2 Cape Verde M Commerce Market, By Payment Modes |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde M Commerce Market Revenues & Volume, By Near Field Communication (NFC), 2021-2031F |
6.2.3 Cape Verde M Commerce Market Revenues & Volume, By Premium SMS, 2021-2031F |
6.2.4 Cape Verde M Commerce Market Revenues & Volume, By Wireless application protocol (WAP), 2021-2031F |
6.2.5 Cape Verde M Commerce Market Revenues & Volume, By Direct Carrier Billing, 2021-2031F |
6.3 Cape Verde M Commerce Market, By Users |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde M Commerce Market Revenues & Volume, By Smart device users, 2021-2031F |
6.3.3 Cape Verde M Commerce Market Revenues & Volume, By Feature phone users, 2021-2031F |
7 Cape Verde M Commerce Market Import-Export Trade Statistics |
7.1 Cape Verde M Commerce Market Export to Major Countries |
7.2 Cape Verde M Commerce Market Imports from Major Countries |
8 Cape Verde M Commerce Market Key Performance Indicators |
8.1 Average transaction value per user |
8.2 Percentage of repeat customers |
8.3 Average time spent on mobile commerce platforms |
8.4 Number of active users on mobile commerce apps |
8.5 Percentage of transactions completed via mobile devices |
9 Cape Verde M Commerce Market - Opportunity Assessment |
9.1 Cape Verde M Commerce Market Opportunity Assessment, By Transactions, 2021 & 2031F |
9.2 Cape Verde M Commerce Market Opportunity Assessment, By Payment Modes, 2021 & 2031F |
9.3 Cape Verde M Commerce Market Opportunity Assessment, By Users, 2021 & 2031F |
10 Cape Verde M Commerce Market - Competitive Landscape |
10.1 Cape Verde M Commerce Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde M Commerce Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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