The latest in a rash of reports on mobile ecommerce flouts conventional wisdom by suggesting that the biggest application of wireless technology will be in financial services and that the United States will be the biggest market for such services.

Just 10% or 15% of today's $90-million market for wireless financial applications is situated in the U.S., but as the wireless financial market grows to $1.8 billion in the next three years, the U.S. will take over, reckons Datamonitor Inc. Reflecting Datamonitor's London origins, the New York- based research affiliate uses the preferred European term for mobile ecommerce- mcommerce-in its recent report.

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