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Mobile Commerce Market in Korea 2009-2013

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An electronic version (mostly PDF, but can be Excel or PPT), which is either available for immediate download or will be sent via email by the Publisher of the report. The licencing for an electronic version is for use by the purchaser ONLY.

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An electronic version (mostly PDF, but can be Excel or PPT). Where the report(s) is/are intended for use by an organisation in its entirety. For example, if reports are put on an Intranet or if they are distributed or used by more than one office, division, or country operation, then a Corporate Licence is required.

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Market

Telecommunications

Report Type

Market Research

Country

South Korea

Published

5 March 2010

Number of Pages

20

Report Delivery

Email

Delivery Lead Time

1-3 hours, 24 hour max

Publisher

Infiniti Research

File Format

PDF

Mobile Commerce or M-commerce is defined as the buying and selling of goods and services through mobile devices. It is the ability to conduct wireless commerce transactions using the applications available in mobile devices.


The devices used for M-commerce mainly include mobile phones and Personal Digital Assistants (PDA). Some of the major products and services available through M-commerce are mobile banking, mobile trade services, mobile marketing and advertising, mobile ticketing, mobile vouchers, coupons and loyalty cards, content purchase and delivery, location based services, information based services, and mobile purchases.


Mobile Commerce has penetrated almost all the sectors in Korea including transportation, retail, hospitality, finance, government, etc. Thus, the telecom operators, financial institutions, product & service vendors, and software & content providers are collaborating among themselves to leverage the growing M-commerce opportunity. This enables them to ensure smooth functioning of the technology. Moreover, with the service providers, mobile operators, and phone manufacturers introducing new mobile commerce and payments applications, a further boost to the technology usage and greater adoption of M-commerce is likely in the region.


The M-commerce applications that provide merchant service for mobile and accept credit card payments from the mobile phone are available in the market. These applications are utilized by people who perform their businesses away from the offices. These applications allow them to accept payment with the help of their mobile phones the moment the work is completed. In addition to this, these applications allow the user to e-mail or text message the electronic receipts to the clients directly from phone. Further, these applications provide authorizations in very less time, thus, help in saving time. They, also, help in increasing book keeping accuracy by reducing the amount of manual work done for the same.


The report forecasts the size of the Mobile Commerce market in Korea over the period 2009-2013. Further, it discusses the key market trends, drivers and challenges of Mobile Commerce market in Korea, and profiles some of the key vendors of this market.

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Select License Type

Electronic License

Electronic License

An electronic version (mostly PDF, but can be Excel or PPT), which is either available for immediate download or will be sent via email by the Publisher of the report. The licencing for an electronic version is for use by the purchaser ONLY.

Corporate License

Corporate License

An electronic version (mostly PDF, but can be Excel or PPT). Where the report(s) is/are intended for use by an organisation in its entirety. For example, if reports are put on an Intranet or if they are distributed or used by more than one office, division, or country operation, then a Corporate Licence is required.

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