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Mobile Commerce News Weekly – Week of February 10, 2013

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 Kevin Benedict’s What’s New in HTML5
Also read M2M News Weekly
Also read Mobile Health News Weekly
Also read Mobility News Weekly
Also read SMAC News Weekly

According to the latest industry data from IDC, Apple iPhone sales have spiked three-fold in the last quarter due to the ability of Indian consumers to buy now and pay later. Read Original Content

Using a smartphone to pay for purchases in lieu of a physical debit or credit card may become a $1 trillion business by 2015, and some ancillary technologies for consumer engagement could help to make that happen. Read Original Content

Operator group Portugal Telecom has taken a step towards facilitating mobile payments after signing a partnership with m-commerce solutions provider Powa. Read Original Content

Webalo is enterprise mobility the way it was meant to be – easy, fast, and affordable. It can be configured in minutes to deliver secure, interactive, bi-directional, transactional mobile access to the enterprise applications and data employees rely on to do their jobs – all for pennies an app. It’s 100x faster than traditional mobile application development, a fraction of the cost, and simple enough for anyone to master. Webalo reduces the burden on IT, lowers overhead (by eliminating development software, coding, consultants, and technologies for managing and distributing mobile apps), extends the value of enterprise applications, and leverages the power of smartphones and tablets. For more information, please visit www.webalo.com

Research firm Forrester estimates that U.S. mobile payments are on track to hit $90 billion in transactions by 2017. That’s a 48 percent compounded annual growth rate over last year's mobile spending of $12.8 billion. Read Original Content

A recently published report from Opera Mediaworks is showing record growth in mobile advertising. The report is showing information from Q4 2012 and taking the data from an advertising platform that is currently serving up more than 50 billion ad impressions per month across a network of 12,000 mobile sites and apps. Read Original Content
South Korea’s mobile ad market reached $198 million last year, up from $69.9 million the previous year, according to a report by the Korea Communications Commission. Read Original Content

The latest State of Mobile Advertising report from Norwegian web browser maker Opera shows a couple of interesting trends, including the emergence of Russia as a mobile advertising power. Read Original Content

Targeting ads by location has proven a strong selling point for mobile advertising. Mobile ad exchange Nexage last month reported targeted impressions more than doubled in 2012, driven in part by 30 percent per month growth in location-powered impressions. Read Original Content

The latest survey of global mobile advertising revenue conducted by Gartner has found revenue is forecast to top $11.4 billion in 2013, up from $9.6 billion in 2012. What’s more, this is expected to be merely the tip of the iceberg with revenues projected to leap to $24.5 billion in 2016. Read Original Content

The contribution of mobile advertising in Facebook’s total ad revenues grew from 14 percent in Q312 to 23 percent in Q412. During this period, Facebook made mobile advertising revenues of around $457.9 million. Provided Facebook can continue to get at least 20 percent of its total ad revenues from mobile, it should be able to easily make over $1 billion from mobile advertising in 2013. Read Original Content

People spend more time using social networks or chatting on mobile devices when they are watching television than at other times, according to a recent report by Swedish telecom manufacturer Ericsson AB. Read Original Content

Mobile advertising prices rose dramatically in the fourth quarter of 2012, as the advertising season kicked into high gear. In fact, the metric for effective cost per thousand impressions was up 50 percent, new data suggests. Read Original Content

Before worldwide mobile advertising revenue, including search, can reach Gartner's estimated $24.5 billion in 2016 up from $11.4 billion in 2013, the industry needs to revamp cost structures, e-commerce features, and privacy concerns that put a stop to apps collecting data from contact lists and mobile commerce transactions. Read Original Content

By 2015 the Asia Pacific region will have the largest share of the $24.5 billion in global mobile advertising revenue with $9.4 billion—North America will follow, with Western Europe claiming $4.4 billion, according to Gartner. Read Original Content

comScore reported in December 2012 that holiday season retail eCommerce spending for the last six weeks of the holiday season was unprecedented. By mid-December, $33.8 billion had been spent online – a 13-percent year-over-year increase. Read Original Content

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Kevin Benedict, Head Analyst for SMAC, Cognizant
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Follow me on Twitter @krbenedict
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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.

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More Stories By Kevin Benedict

Kevin Benedict is the Senior Analyst for Digital Transformation at Cognizant, a writer, speaker and SAP Mentor Alumnus. Follow him on Twitter @krbenedict. He is a popular speaker around the world on the topic of digital transformation and enterprise mobility. He maintains a busy schedule researching, writing and speaking at events in North America, Asia and Europe. He has over 25 years of experience working in the enterprise IT solutions industry.