US Mobile Commerce Sales, 2011 Vs 2012 [CHART]

Chart - US Mobile Commerce Sales, 2011 VS 2012

US mobile commerce (m-commerce) sales will grow 98.6% this year over 2011 to reach $20.85 billion, according to September projections by Internet Retailer. Overall, mobile commerce is expected to account for 9.2% of US e-commerce sales, up from 5.4% in 2011, driven in part by widespread adoption of tablets and smartphones.

A Javelin Strategy & Research report also released in September came to a similar conclusion (at least in dollar terms), predicting that mobile payments would hit more than $20.7 billion this year. Read the rest at MarketingCharts.