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Mobile Commerce Facilitates Impulse Purchases

Transparency Market Research has released a new report concerning the mobile commerce market. The report highlights the fact that the mobile commerce space has experienced strong, continuous growth over the past several years. More consumers are beginning to shop for products online with their smartphones and tablets, and this practice is becoming a very powerful force in the retail industry. In the coming years, mobile shopping and payments will become more commonplace. The report notes that the increasing use of smartphones among consumers will add momentum to the growth of mobile commerce. People are beginning to rely on these mobile devices in their daily lives, which makes them more prone to shop online using these devices.

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