The combined volume of transactions made via mobile phones and tablets will reach more than $3.2 trillion in the next four years, according to a new study from Juniper Research.
Infonetics forecasts the mobile services market will grow to $976 billion by 2016, led by mobile broadband.
A recent survey by Deloitte found that 43 percent of doctors use smartphones or tablets for clinical purposes, which the firm suggested included EHR access, e-prescribing, and physician-to-physician communication. The study polled 613 physicians in the US.
Mobile is also projected to generate 1.4 million jobs across the country by 2015, according to the report. The marketers and retailers that are driving this growth spent a collective $6.7 billion on mobile marketing in 2012 and that number is projected to increase to $19.8 billion by 2015.
Come 2017, approximately 25% of online retail transactions in the U.S. will take place on mobile devices, more than double the number that occurred in 2012, according to an eMarketer study
Fueled by the unbridled adoption of smartphones and tablets among U.S. consumers, eCommerce sales are on pace to grow at a significant annual rate through 2017.
The most recent forecast from Worldwide Cellular User Forecasts 2012-2017 shows that the growing availability of LTE smartphones has delivered a significant boost to the technology over the last six months, and Strategy Analytics has upgraded its forecasts to one billion LTE connections by early 2017.
The Apple App Store, Google Play and third-party app stores were mainly responsible for the explosive growth of application downloads in 2012, according to Berg Insight.
For most U.S. retailers, mobile represents only 1.5% of online sales. Over the next five years, total mobile sales are expected to grow 33% annually to $31 billion, making up 9% of online sales in 2017.
Forrester forecasts that US mobile payments will reach $90 billion in 2017, which represents a 48% compound annual growth rate (CAGR) from the $12.8 billion spent last year.
The smartphone industry will ship more than 1 billion units before the year is over, according to a preview of a Deloitte report.
Worldwide IT spending is projected to total $3.7 trillion in 2013, a 4.2 percent increase from 2012 spending of $3.6 trillion, according to the latest forecast by Gartner, Inc. The 2013 outlook for IT spending growth in U.S. dollars has been revised upward from 3.8 percent in the 3Q12 forecast.