| Product Code: ETC5426671 | Publication Date: Nov 2023 | Updated Date: Apr 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 (mobile commerce) market in Cyprus is expanding with the increased use of smartphones for shopping, banking, and other transactions. Retailers and service providers are leveraging m-commerce solutions to enhance customer convenience and capitalize on the digital shopping trend.
The M Commerce market in Cyprus is driven by the rapid increase in smartphone adoption and the growing preference for online shopping. Mobile commerce enables consumers to shop conveniently, boosting demand for mobile-friendly retail platforms. Additionally, digital payment solutions and secure transaction technologies support the growth of M Commerce in Cyprus.
Cyprus` m-commerce market is constrained by relatively low smartphone penetration and a lack of robust mobile payment infrastructure. Additionally, local businesses have been slow to adopt m-commerce platforms, leading to limited consumer engagement. Data security concerns and the high cost of mobile app development further hinder market growth.
The government supports digital transformation with policies aimed at enhancing mobile commerce, focusing on improving cybersecurity and expanding mobile payment solutions across various sectors.
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 Cyprus M Commerce Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus M Commerce Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus M Commerce Market - Industry Life Cycle |
3.4 Cyprus M Commerce Market - Porter's Five Forces |
3.5 Cyprus M Commerce Market Revenues & Volume Share, By Transactions, 2021 & 2031F |
3.6 Cyprus M Commerce Market Revenues & Volume Share, By Payment Modes, 2021 & 2031F |
3.7 Cyprus M Commerce Market Revenues & Volume Share, By Users, 2021 & 2031F |
4 Cyprus M Commerce Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus M Commerce Market Trends |
6 Cyprus M Commerce Market Segmentations |
6.1 Cyprus M Commerce Market, By Transactions |
6.1.1 Overview and Analysis |
6.1.2 Cyprus M Commerce Market Revenues & Volume, By M Retailing, 2021-2031F |
6.1.3 Cyprus M Commerce Market Revenues & Volume, By M Ticketing/Booking, 2021-2031F |
6.1.4 Cyprus M Commerce Market Revenues & Volume, By M Billing, 2021-2031F |
6.1.5 Cyprus M Commerce Market Revenues & Volume, By Other M Commerce Services, 2021-2031F |
6.2 Cyprus M Commerce Market, By Payment Modes |
6.2.1 Overview and Analysis |
6.2.2 Cyprus M Commerce Market Revenues & Volume, By Near Field Communication (NFC), 2021-2031F |
6.2.3 Cyprus M Commerce Market Revenues & Volume, By Premium SMS, 2021-2031F |
6.2.4 Cyprus M Commerce Market Revenues & Volume, By Wireless application protocol (WAP), 2021-2031F |
6.2.5 Cyprus M Commerce Market Revenues & Volume, By Direct Carrier Billing, 2021-2031F |
6.3 Cyprus M Commerce Market, By Users |
6.3.1 Overview and Analysis |
6.3.2 Cyprus M Commerce Market Revenues & Volume, By Smart device users, 2021-2031F |
6.3.3 Cyprus M Commerce Market Revenues & Volume, By Feature phone users, 2021-2031F |
7 Cyprus M Commerce Market Import-Export Trade Statistics |
7.1 Cyprus M Commerce Market Export to Major Countries |
7.2 Cyprus M Commerce Market Imports from Major Countries |
8 Cyprus M Commerce Market Key Performance Indicators |
9 Cyprus M Commerce Market - Opportunity Assessment |
9.1 Cyprus M Commerce Market Opportunity Assessment, By Transactions, 2021 & 2031F |
9.2 Cyprus M Commerce Market Opportunity Assessment, By Payment Modes, 2021 & 2031F |
9.3 Cyprus M Commerce Market Opportunity Assessment, By Users, 2021 & 2031F |
10 Cyprus M Commerce Market - Competitive Landscape |
10.1 Cyprus M Commerce Market Revenue Share, By Companies, 2024 |
10.2 Cyprus M Commerce Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here