Mobile commerce will be nearly half of e-commerce by 2018

Tablets will play an increasingly important role as worldwide consumer spending via mobile jumps from $204 billion in 2014 to $626 billion in 2018, according to Goldman Sachs. 535 million consumers across the globe will make a purchase via mobile this year, the firm says.

Following are the year, projected m-commerce sales on smartphones (in billions), smartphone percent of mobile sales, m-commerce sales on tablets (in billions), and tablet percent of mobile sales, according to Goldman Sachs:

• 2014, $70, 34.3%, $134, 65.7%.
• 2015, $95, 31.9%, $203, 68.1%.
• 2016, $123, 29.6%, $292, 70.4%.
• 2017, $147, 28.5%, $369, 71.5%.
• 2018, $173, 27.6%, $453, 72.4%.

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