Cable & Telecom

Canadian mobile commerce spend expected to grow 142% next year: Ipsos

TORONTO - Mobile commerce is growing at more than double the rate of overall e-commerce in Canada, news that should prompt Canadian retailers to consider mobile as a strong sales channel, according to new research from Ipsos conducted on behalf of PayPal.From 2013-2016, the compound annual growth rate for mobile commerce in Canada is projected at 34% versus14% for overall e-commerce, including mobile commerce.  Canadian mobile commerce spend in 2013 topped $3.45 billion, a number which is predicted to grow by 142% by 2016, according to the research.Other highlights include:- Led by Millennials, one fifth (19%) of online shoppers surveyed report having...