The mobile commerce application development market is at least three years away from generating substantial sales and users of any kind, according to new research from The Strategis Group, a wireless technology research firm. While the market may generate sales of up to $5 billion by 2004, sales will only total about $150 million in 2001 and users of commerce-enabled wireless devices will amount to less than 1 million. “Most m-commerce transactions will have a relatively low dollar value,” Strategis says. “You are not going to see people buying large-ticket items such as cars and furniture over their wireless phones because that type of transaction requires time and will be done at the desktop.”
Strategis predicts the market could top sales of $5 billion and 91 million users, but only after consumers generate a large number of orders for movie tickets, books, music and other commodity items. For more information, please visit www.strategisgroup.com.
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