A large part of the e-commerce growth worldwide comes from consumers buying products and services using mobile devices. Statista's Digital Market Insights reveals that in 2023, revenue from mobile e-commerce sales reached an estimated 1.7 trillion U.S. dollars, accounting for over half of all retail e-commerce sales. Mobile's proportion has consistently increased over time, going from 43 percent in 2018 to a projected 63 percent by 2028.
The mobile device takeover
The significant rise in m-commerce sales is a testament to the increasing reliance on smartphones and tablets for online shopping. In 2023, approximately 30 percent of online shoppers globally used mobile commerce weekly, with numerous countries surpassing this figure. Mobile devices were the primary drivers of retail website traffic and transactions worldwide, accounting for nearly 80 percent of visits and 66 percent of orders.
M-commerce tough spots
While mobile commerce enjoys widespread popularity and dominance in various aspects, it also faces drawbacks. Despite having a higher global add-to-cart rate than tablets and desktops, mobile phones exhibit the lowest conversion rate among all devices. Furthermore, consumers tend to prefer desktop computers for larger expenses. As of the end of 2023, the average value of online shopping orders on desktops was approximately 159 U.S. dollars, compared to 103 dollars on mobile phones.
Mobile commerce revenue and share of total retail e-commerce worldwide from 2017 to 2028
The eCommerce market comprises the sale of physical goods via a digital channel to a private end consumer (B2C). This definition encompasses purchases via desktop computers (including notebooks and laptops) as well as purchases via mobile devices (e.g., smartphones and tablets). The following are not included in the eCommerce market: digitally distributed services (see instead: eServices), digital media downloads or streams, digitally distributed goods in B2B markets, and the digital purchase or resale of used, defective, or repaired goods (reCommerce and C2C). All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war. The exact definition of the eCommerce market can be found here.
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Statista. (October 1, 2023). Mobile commerce revenue and share of total retail e-commerce worldwide from 2017 to 2028 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1449284/retail-mobile-commerce-revenue-worldwide/
Statista. "Mobile commerce revenue and share of total retail e-commerce worldwide from 2017 to 2028." Chart. October 1, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1449284/retail-mobile-commerce-revenue-worldwide/
Statista. (2023). Mobile commerce revenue and share of total retail e-commerce worldwide from 2017 to 2028. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1449284/retail-mobile-commerce-revenue-worldwide/
Statista. "Mobile Commerce Revenue and Share of Total Retail E-commerce Worldwide from 2017 to 2028." Statista, Statista Inc., 1 Oct 2023, https://www.statista.com/statistics/1449284/retail-mobile-commerce-revenue-worldwide/
Statista, Mobile commerce revenue and share of total retail e-commerce worldwide from 2017 to 2028 Statista, https://www.statista.com/statistics/1449284/retail-mobile-commerce-revenue-worldwide/ (last visited November 21, 2024)
Mobile commerce revenue and share of total retail e-commerce worldwide from 2017 to 2028 [Graph], Statista, October 1, 2023. [Online]. Available: https://www.statista.com/statistics/1449284/retail-mobile-commerce-revenue-worldwide/