We are seeing a notable growth in the m-commerce in last few years. Recent surveys predict that m-commerce will make up 45% of total online commerce by 2020, equaling $284 billion in sales. That is more than 3X the 2016 figures. The worldwide annual mobile growth has been vital in recent years with downloads reaching the $224 billion mark in 2016, with a revenue of $58 billion.
There are more than 2.6 billion smartphone-users over the world. More than 2.8 millions of Android apps and 2 million of iOS apps are available on respective stores. 85% of Millennials own smartphones, providing a large audience to businesses which have plans for m-commerce application development.
Very useful article on online service market place.
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