M-commerce slower than expected

This comes as no surprise. Communications News reports that while m-commerce vendors remain upbeat that phenomenal growth for the sector is just around the corner, industry analysts caution that the corner may be a little farther down the road. Studies over the last several years predicted a booming market for m-commerce. In December 1999, Strategy Analysts predicted that m-commerce would grow to $200 billion worldwide by 2004, while IDC's forecast for the same year saw U.S. m-commerce users growing to 29 million. ... Recent studies, however, look for slower-than-expected m-commerce growth.