New York City -- Mobile commerce is expected to reach $31 billion by the end of 2016, according to a new report from Forrester Research.
The report, “Mobile Commerce Forecast: 2011 to 2016,” predicts an annual compound growth rate of 39% for mobile commerce over the next five years.
The report predicts mobile commerce will reach $6 billion by the end of this year, $10 billion next year and $31 billion by 2016.
