Welcome!

Wearables Authors: Zakia Bouachraoui, Liz McMillan, Elizabeth White, Yeshim Deniz, Pat Romanski

News Feed Item

U.S. mobile commerce sales will grow 74% in 2014 according to Internet Retailer

The 366 U.S. retailers in the 2015 Mobile 500, Internet Retailer's latest research guide, will reach m-commerce sales of $59 billion in 2014. The impact of mobile apps is huge.

CHICAGO, Aug. 19, 2014 /PRNewswire/ -- Many U.S. merchants that place mobile at the core of their e-commerce strategy are reaping big rewards. The 366 U.S. retailers in the 2015 Mobile 500, released today by Internet Retailer, will reach m-commerce sales of $59 billion in 2014, up 74% from $34 billion in 2013. Mobile sales will account for 23% of total 2014 online sales of the U.S. merchants in the 2015 Mobile 500. By contrast, e-retail sales in the U.S. grew 15.7% in Q2 2014, according to the Commerce Department.

Photo - http://photos.prnewswire.com/prnh/20140819/137189

With their combined $30.8 billion in 2014 mobile sales, No. 1-ranked Amazon.com Inc. and No 2.-ranked Apple Inc. command a 37% share of total Mobile 500 m-commerce sales, the 2015 Mobile 500 finds. But since the mobile commerce market is far from mature, there's still plenty of room for growth and new players, both domestically and internationally. There are 134 overseas retailers in the 2015 Mobile 500, and they're expected to reach $25 billion in m-commerce sales in 2014, up an impressive 96% from $13 billion in 2013. The Mobile 500 estimates that the world's 500 largest mobile commerce businesses combined will increase their mobile sales by 80% in 2014 to more than $84 billion.

The quantum leap in mobile sales growth worldwide prompts many retailers to prioritize their tech spending and match consumers' online shopping behavior, which leans toward mobile shopping on apps as opposed to shopping on a mobile web site. A breakdown of 2014 app sales as percentage of total mobile sales is just one of the many new metrics the 2015 Mobile 500 provides. The research guide analyzes the world's 500 leading mobile commerce merchants by 53 data elements—including mobile traffic, site speed on smartphones, mobile conversion rate, mobile average ticket, a breakdown of mobile sales between smartphones and tablets, key vendors used, and dozens of other metrics.

"Mobile commerce is like a hurricane rearranging the coastline of e-retailing," observes Internet Retailer publisher and chairman Jack Love. "For e-retailers trying to ride the wave rather than being swamped by it, the 2015 Mobile 500 is a survival guide to e-commerce in the mobile age."

The 2015 Mobile 500 has been expanded by 25% and is available in a 384-page print and digital version. The guide's data can also be accessed through an online subscription to Top500Guide.com, the world's most powerful e-commerce database.

For research information, contact Bill Siwicki, editor of the 2015 Internet Retailer Mobile 500 and managing editor, mobile commerce, at Internet Retailer.

For media inquiries, contact Chaz McCrobie-Quinn, Internet Retailer, at 312.362.0107.

ABOUT INTERNET RETAILER®

The flagship brand of Vertical Web Media, Internet Retailer® provides comprehensive e-commerce business intelligence through print and digital channels, including a monthly magazine, several research guides, web sites, online databases and e-mail newsletters. Internet Retailer, launched in March 1999, is the largest monthly magazine in e-retailing with more than 44,000 subscribers. InternetRetailer.com is the most visited informational web site in e-commerce. Featuring industry news that is updated daily, the site attracts more than 205,000 unique monthly visitors. IRNewsLink, an e-mail newsletter of daily e-commerce news, is sent out every weekday to more than 53,000 subscribers, and features a weekly mobile commerce edition every Friday.

ABOUT VERTICAL WEB MEDIA

Vertical Web Media is a privately held, Chicago-based publisher that focuses on providing business intelligence for the e-commerce industry. Founded and led by journalists, the company aims to be the largest and most credible provider of objective business information on the market trends, technology, competitive practices and people shaping online retailing. Starting with Internet Retailer magazine, launched in 1999, Vertical Web Media has since introduced more than a dozen competitive data products and is now the largest publisher in e-commerce. Through its Internet Retailer® brand, the company operates a monthly magazine, two web sites, a daily e-mail newsletter, and 12 research guides—strategic content designed to equip e-commerce executives with the competitive data they need to help grow their online businesses.

SOURCE Internet Retailer

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

IoT & Smart Cities Stories
Digital Transformation and Disruption, Amazon Style - What You Can Learn. Chris Kocher is a co-founder of Grey Heron, a management and strategic marketing consulting firm. He has 25+ years in both strategic and hands-on operating experience helping executives and investors build revenues and shareholder value. He has consulted with over 130 companies on innovating with new business models, product strategies and monetization. Chris has held management positions at HP and Symantec in addition to ...
Dynatrace is an application performance management software company with products for the information technology departments and digital business owners of medium and large businesses. Building the Future of Monitoring with Artificial Intelligence. Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more busine...
The challenges of aggregating data from consumer-oriented devices, such as wearable technologies and smart thermostats, are fairly well-understood. However, there are a new set of challenges for IoT devices that generate megabytes or gigabytes of data per second. Certainly, the infrastructure will have to change, as those volumes of data will likely overwhelm the available bandwidth for aggregating the data into a central repository. Ochandarena discusses a whole new way to think about your next...
CloudEXPO | DevOpsSUMMIT | DXWorldEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
All in Mobile is a place where we continually maximize their impact by fostering understanding, empathy, insights, creativity and joy. They believe that a truly useful and desirable mobile app doesn't need the brightest idea or the most advanced technology. A great product begins with understanding people. It's easy to think that customers will love your app, but can you justify it? They make sure your final app is something that users truly want and need. The only way to do this is by ...
DXWorldEXPO LLC announced today that Big Data Federation to Exhibit at the 22nd International CloudEXPO, colocated with DevOpsSUMMIT and DXWorldEXPO, November 12-13, 2018 in New York City. Big Data Federation, Inc. develops and applies artificial intelligence to predict financial and economic events that matter. The company uncovers patterns and precise drivers of performance and outcomes with the aid of machine-learning algorithms, big data, and fundamental analysis. Their products are deployed...
Cell networks have the advantage of long-range communications, reaching an estimated 90% of the world. But cell networks such as 2G, 3G and LTE consume lots of power and were designed for connecting people. They are not optimized for low- or battery-powered devices or for IoT applications with infrequently transmitted data. Cell IoT modules that support narrow-band IoT and 4G cell networks will enable cell connectivity, device management, and app enablement for low-power wide-area network IoT. B...
The hierarchical architecture that distributes "compute" within the network specially at the edge can enable new services by harnessing emerging technologies. But Edge-Compute comes at increased cost that needs to be managed and potentially augmented by creative architecture solutions as there will always a catching-up with the capacity demands. Processing power in smartphones has enhanced YoY and there is increasingly spare compute capacity that can be potentially pooled. Uber has successfully ...
SYS-CON Events announced today that CrowdReviews.com has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5–7, 2018, at the Javits Center in New York City, NY. CrowdReviews.com is a transparent online platform for determining which products and services are the best based on the opinion of the crowd. The crowd consists of Internet users that have experienced products and services first-hand and have an interest in letting other potential buye...
When talking IoT we often focus on the devices, the sensors, the hardware itself. The new smart appliances, the new smart or self-driving cars (which are amalgamations of many ‘things'). When we are looking at the world of IoT, we should take a step back, look at the big picture. What value are these devices providing. IoT is not about the devices, its about the data consumed and generated. The devices are tools, mechanisms, conduits. This paper discusses the considerations when dealing with the...