British consumers will spend £19.3 billion ($30.5 billion) by 2021 on purchases using their mobile phones as technology advances and more people have smartphones, Barclays Corporate estimated.The figure will rise from £1.3 billion now, encouraged by systems such as Near Field Communications and faster mobile data transmission, Barclays Corporate, a unit of London-based banking group Barclays Plc (BARC), said in a report. Food and groceries are the biggest category, with mobile sales of almost 300 million pounds this year, according to the report.To read this Bloomberg report in full, see:
www.bloomberg.com/news/2011-10-16/mobile-purchases-to-reach-30-5-billion-by-2021-barclays-says.html