The use of mobile phones has increased acutely in the past few years. Due to the biggest advantage of being handy and advanced, the smartphone has become everyone’s first choice. If we look at the actual statistics, almost 65% of mobile users will access the internet and other data from their mobile phone only. This mobile phone penetration can be observed worldwide and the data shows that from 2014 the more technical advancements have given everyone easy access to the internet.
In 2015, 52.7 percent of the worldwide mobile phone populace accessed the internet from their smartphone. This figure grew to 61.2 percent in 2018. In February 2017, mobile devices not including tablets accounted for 49.73 percent of web page views globally. Asia and Africa had an elevated mobile traffic segment with 65.1 percent and 59.49 percent of mobile traffic correspondingly. In 2020, the number of smartphone users universally is anticipated to reach 4 billion, up from 2.1 billion in 2016.
With the use of more internet on a smartphone every day, mobile e-commerce will be accountable for $2.32 trillion or about 67.2% of e-commerce sales by 2021. Mobile e-commerce is up and poised for bigger and better future developments. In the US itself, mobile e-commerce profit is projected at 700 billion in 2019. Even in China, about 75% of shopping is done thru mobile only. The engagement rate is four times higher in mobile apps than on the mobile website. The app users have special offers and discounts as compared to desktop webpage users.
Now let’s have look at the overall boost in mobile usage by the present generation. The world is always in need of more every single day, and that’s the reason of huge spike in constantly growing rates of mobile web traffic. Leaving 3G and 4G behind, now it’s time for 5G network which will change the whole world around us. A more powerful network will develop that will eventually facilitate new experiences that will revolutionize the way we live, work, and play.
Therefore, the mobile phone has given an edge to the e-commerce industry, and people are also using this device to make their life effortless and more accessible. Many people are so obsessed with their mobile phones that they spend any amount to have the smart and latest technology in their hand. iPhone is the best example in the market for expensive and classy smartphones.