In 2016, mobile-driven commerce will reach an estimated US$972.25 billion across the 46 markets where Euromonitor International conducts this digital research.
Most impressively, mobile payments are expected to reach US$3 trillion by 2021. While that is a lot of transacted money across these small-screen devices, mobile-based payments will equate to only an estimated 11 percent of all consumer card payment volume across these markets in 2021, up from approximately 5 percent in 2016.
For more on this story visit the following link: 5 trends shaping mobile payments worldwide in 2016
Source: Mobile Payments Today