Wednesday, November 07, 2012

Mobile Commerce News Weekly – Week of November 4, 2012

The Mobile Commerce News Weekly is an online newsletter made up of the most interesting news, articles and links related to mobile commerce and marketing, mobile payments, mobile money, e-wallets, mobile banking, mobile ads and mobile security that I run across each week.  I am specifically targeting market size and market trend information.

Also read Enterprise Mobility Asia News Weekly
Also read Field Mobility News Weekly
Also read M2M News Weekly
Also read Mobile Health News Weekly
Also read Mobility News Weekly

During last week's Q4 2012 earnings call, Starbucks CEO Howard Schultz said the Starbucks Mobile Payment app is now being used more than 2 million times per week on average. Since its launch in January 2011, customers have used the app to make more than 100 million mobile transactions. Read Original Content

Internet advertising revenues climbed to an all-time high during the first six months of 2012, galvanized by dramatic growth in mobile ad spending, according to a new report from the Interactive Advertising Bureau and PricewaterhouseCoopers. Read Original Content

Business and enterprise apps are quickly becoming the fastest growing app category in application storefronts, with an overwhelming 80 percent of Fortune 500 companies planning to implement their own apps by then end of 2012, reported enterprise software provider SAP. Read Original Content

Kony is the industry’s leading mobile and multichannel application platform provider. Kony develops a suite of customizable pre-built apps, the KonyOne™ Platform and a comprehensive mobile application management solution, which give companies the confidence and control to quickly build apps once and deploy everywhere -- across all mobile devices and operating systems. This newsletter is sponsored in part by Kony.

The use of smartphones and tablets to carry out safe shopping online is already growing significantly in the UK, but between 2012 and 2015, it is predicted the market will expand by at least 300 percent globally, with western countries making the biggest impact. Read Original Content

Google Wallet, the mobile payment system originally released in May 2011, can now be used to make purchases directly from a smartphone. Read Original Content

Online giant eBay announced third quarter profits edged up two percent from a year ago to $597 million, driven by gains in mobile shopping and payments. Read Original Content

According to the most recent data released by Facebook, during the third quarter, 14 percent of the ad revenue it generated came from mobile commerce. Read Original Content

Vodafone has partnered with mobile commerce company CorFire to put its mobile wallet product CorPay on smartphones to allow users to pay for goods and services via their devices with a downloadable app. Read Original Content

The number of consumers purchasing goods remotely via their mobile phones is expected to spike by almost 50 percent over the next two years, according to a report from Juniper Research. Read Original Content

According to new data out from Tapjoy mobile commerce could increase by as much as 362 percent over the next three years. Read Original Content

According to a recent study by Verve Mobile 63 percent use a smartphone as their overwhelming platform choice for mobile banking. Read Original Content

Mobile local ad revenue in the U.S. will grow by 54 percent by 2016, according to a new study by local media advisor company BIA/Kelsey. Read Original Content

Founded in 1979, DSI is a global provider of Enterprise Mobility Solutions®, helping companies worldwide increase productivity and profitability regardless of data source, device type, operating system or network connectivity.  DSI serves clients globally through its offices in Australia, Canada, China, France, Hong Kong, India, Japan, Singapore, the United Kingdom and the United States.  This newsletter is sponsored in part by DSI.

According to a report released by research firm, ABI, the overall revenue spent using NFC mobile payments will increase from $4 billion this year to $191 billion in 2017. Read Original Content

eMarketer estimates the total transaction value for mobile payments in the U.S. will be $640 million this year, but that will grow to more than $62 billion in 2016 as a bigger segment of the population uses their phones to buy medium-ticket items, including fast-food restaurants. Read Original Content

PayPal expects to process over $10 billion-worth of mobile payments this year, up at least 250 percent from $4 billion in 2011. This amount represents an increase of over 700 percent from a reported $141 million in 2009. Read Original Content

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Kevin Benedict, Head Analyst for SMAC, Cognizant
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Full Disclosure: These are my personal opinions. No company is silly enough to claim them. I am a mobility and SMAC analyst, consultant and writer. I work with and have worked with many of the companies mentioned in my articles.