Ovum forecasts 452.78 million global m-commerce users in 2014, rising to 2.07 billion users in 2019. The global transaction value of m-commerce will grow from USD 50.92 billion in 2014 to USD 693.36 billion by 2019.
The company said China will have 370.29 million m-commerce users by 2019, making it the largest m-commerce user base in the world. M-commerce transaction value – fuelled by players such as Alibaba and Tencent — in China will reach USD 79.36 billion in 2019. China will be the second largest country for m-commerce – behind the US.
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