Payments
European E-Commerce Continues to Rise in 2011: +18%
Feb 3rd
• An increase of 18% in 2011 and projected growth of 16% in 2012
According to the data published by the Center for Retail Research, e-commerce in Europe grew 18% in 2011 to reach 200.5 billion euros. This strong growth recorded in the last several years is set to continue. This proves that the digital has become part of the shopping process since they are 59% of Europeans who have made a purchase on the Internet in 2011*.
The European e-commerce sales growth should be similar in 2012 and is expected to increase by 16%.
• A bigger market than the U.S
The European e-commerce growth rate was far higher than in the United States. Indeed, if one compares the amount of online retail sales published by Barclays Capital in the U.S, Europe has exceeded the U.S in e-commerce spending in 2011.
*Source: Forrester Research
US Digital Music Sales Surpassed Physical Sales for the First Time in 2011
Jan 13th
According to the Nielsen/Billboard 2011 Music Industry Report, for the first time digital music sales are larger than physical sales, accounting for 50.3% of all music purchases in 2011. In a continuation of a multi-year trend, digital sales increased by 8.4% from 2010, while physical sales declined 5%.
Digital track sales set a new record with 1.27 billion sales in 2011, an increase of 100 million sales over 2010.
These results confirm that Internet is the top way of consuming paid music which was also highlighted in a recent survey conducted in September 2011 by Insight Research Group*. The study found that more than half of respondents (53%) preferred to purchase music files online.
*”Digital Music Consumer Behaviors: Ownership & Streaming”; 1,000 online music consumers ages 18-64 were surveyed during August-September 2011.
Click here to download the Nielsen/Billboard Music Industry Report 2011.
Europe: SMS is the Most Used Method of Payment for M-commerce
Dec 2nd
“The DIBS E-Commerce Survey 2011”* conducted by YouGov reveals that SMS is the most used means of payment for mobile purchases in almost every european country surveyed.
Poland, Sweden and Denmark are leading the way with respectively 54%, 45% and 42% of mobile consumers who have used SMS as a means of payment for mobile purchases.
* About the Dibs’s survey: the survey was conducted in the third quarter of 2011 by research agency YouGov, and includes interviews with over 9,000 Internet users and 333 online retailers in 9 european countries (Sweden, Denmark, Norway, Finland, Spain, UK, Germany, France and Poland).
Internet Is The Preferred Channel for Shopping
Nov 3rd
According to the fourth annual Global Consumer Shopping Habits survey conducted by ChannelAdvisor, the majority of consumers globally prefer shopping online (59%) over shopping at brick-and-mortar stores (35%). French consumers have the greatest appetite for online shopping when compared to other countries, with more than 68% of them preferring to shop online rather than in-store.
The survey results are available for review here
UK: M-Commerce Spend is on the Rise
Sep 13th
A new research from the Internet Advertising Bureau (IAB) in the UK has highlighted the growing popularity of mobile commerce. The study showed that the amount consumers were spending in the UK per transaction on m-commerce transactions has increased on average by £5.29, a rise of 43.3% to £17.49.
The research has also revealed that websites are the preferred platform for m-commerce with 40% choosing to go online to a brands site to buy a product, compared to just 17% preferring an app. Furthermore, consumers appear to spend more on sites, as the average transaction was £20.77 compared to just £13.15 via an app.
Near Field Communication (NFC) was seen as a positive move for mobile with 74% of consumers stating they felt the service would be a good idea.
To read the press release, click here
B2C Ecommerce in Western Europe Will Grow by Over 12% in 2011, to Reach $235 Billion
Sep 8th
According to the « Western Europe B2C Ecommerce » report published this summer by eMarketer, Western European Ecommerce market will continue strong growth in 2011 to reach $ 235 billion.
Among the key findings, the report highlights that:
• The UK is by far the largest online retail market accounting for 43% of Western European internet sales in 2011.
• Germany is Europe’s second-largest ecommerce market.
• In 2011, the number of online buyers in Western Europe is nearing 138 million.
• The penetration rate of online buyers varies widely:
» In the UK, Germany and France nearly 3/4 of the online population has made a purchase online in the past year.
» However, rates of online purchasing are much lower in Spain (55%) and Italy (39%). According to Karin von Abrams, eMarketer senior analyst and author of the new report: “one reason is that Italy, like Spain, has no strong tradition of catalog-based home shopping, whereas France and Germany do. As a result, most consumers in Italy are not familiar with evaluating goods based on photos, or ordering and paying for items days before they are delivered”.
The French Market Will Dominate European Online Video Revenues
Aug 2nd
While online video has become a mainstream online activity, paying for online video content has not as yet become so widespread. However, even if it is still only a budding market, the online video market in Western Europe is forecasted to be one of the fastest-growing online paid content categories over the next five years by increasing at a CAGR of 20.5% over the period 2011-2016.
According to Forrester Research, France will remain the main market for online video content within Europe in 2011. French online users will spend €31.9 million on online video content in 2011 which will represent 21% of the Western European market.
The Mobile Video Explosion
Jun 28th
Thanks to the proliferation of mobile devices such as tablets and smartphones, the mobile video market is widely expected to really take off in the next few years.
In terms of traffic, video currently accounts for up to 60% of mobile data traffic, according to the latest Mobile Analytics report from Bytemobile.
Cisco in its latest report on mobile traffic* confirms this trend, but to a smaller extent. Indeed, Cisco is currently forecasting that global mobile video traffic will exceed 50% for the first time in 2011 and will account for some 66% of global mobile data traffic by the end of 2015.
In terms of revenues, the global mobile video market is expected to increase at a Compound Annual Growth Rate of 24% between 2010 and 2015 which will result in expected revenues reaching $12.6 billion, according to the report issued in June 2011 by IDATE.
The rising use of mobile video and more generally of mobile drives new measurement tools such as:
• M³, launched in June 2011 by Ipsos Media CT, using Zokem’s mobile measurement app to track smartphone and tablet usage.
• Device Essentials, introduced in June 2011 by comScore which measures digital traffic from all devices, including mobile phones and tablets.
*Cisco Visual Networking Index: Global Mobile Data Traffic Forecast Update, 2010–2015
Live Conferences from Web Game Conference Paris
May 18th
Hi-media Payments, Allopass & Hipay are Gold Sponsors for this event on May 19th.
As gold sponsors, we offer you live conferences. Watch the video below !
Hi-media Payments, Gold Sponsor at Web Game Conference
May 16th
The Web Game Conference is the conference for leaders and innovators of the web game industry, organized by the SNJV, the French Videogame Association. This annual conference hosted at the Pole Leonard de Vinci in Paris – La Defense, brings together european industry leaders to discuss, collaborate, and share advancements about design, business, community and legal areas of social and browser based game development.
The Web Game Conference features one day of web game development lectures, roundtables, renowned local and international industry speakers and meetings. It is the sole place to enhance your knowledge of the social and browser games european market.
If social, mobile and browser games matter to your business, the Web Game Conference is the conference to attend. We look forward to seeing you there!
The Web Game Conference will be moderated by Roxanne Varza from Techcrunch France !
Hi-media Payments is Gold Sponsor at this event on May 19th. For this occasion, Hi-media CEO, Cyril Zimmermann, will be participate to 10am roundtable on Customer Acquisition.
Check the Web Game Conference Agenda
Already booked or not able to join the conference ?
Don’t worry, you’ll find on our blog live streaming of all conferences.
Stay tuned !
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