This market report on mobile wallet technologies provides in-depth understanding of the mobile wallet market it covers applications like mobile commerce, mobile ticketing, mobile coupons, money transfers and micropayments the report provides key market indicators and potential growth segments through 2017. The report on global mobile wallet market evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research the report extensively provides the market share, growth, trends and forecasts for the period 2016-2023. Mobile wallet market size is driven by the acceptance of mobile wallet payments across various industry verticalsthe mobile wallet payment has augmented the operational efficiency and cost-effectiveness by reducing the processing fees.
The global mobile wallet applications market includes mobile commerce, mobile ticketing, mobile coupons, mobile transfer, and micropayments on the basis of mode of payment, the global mobile wallet market is categorized into remote payment and nfc payment. Consumers can use mobile phone to pay for wide range of services, and digital or hard goods the growth in smartphone and mobile internet users, and greater convenience and accessibility are the key growth drivers for the global mobile wallet market. The global mobile wallet market is characterized by increasingly dynamic vendors landscape, finds transparency market research (tmr) a large part of the market share—over 70%--was found to be consolidated among the top three players in 2012.
The global mobile wallet services market was valued at around $115 billion in 2016 and is expected to surpass $664 billion by 2021 procurement market intelligence analysts have announced its latest market research report on mobile wallets services for the period 2017-2021. Report scope: the scope of the report includes a detailed study of global and regional markets for various types of mobile wallet india market with the reasons given for variations in the growth of the industry in certain regions. An overview of the global mobile wallet market and related payment technologies analyses of global market trends, with data from 2014, estimates for 2015, and projections of cagrs through 2020 examination of supporting equipment and technologies, including rfid, smartphones, and 4g technology. (emailwirecom, june 28, 2018 ) the report aims to provide an overview of global mobile wallet and payment technology market with detailed market segmentation by application, payment mode and. About mobile wallets the growing use of 3g and 2g mobile data and broadband globally is a major factor contributing to the growth of the global mobile wallet market.
The mounting adoption of smartphones and mobile internet in europe, the middle east, and africa (emea) is likely to help the region surge ahead in the global mobile wallet market the prime driver in the mobile wallet market in the emea is the growing partnership among mobile operators. Technavio's procurement specialist forecast the global mobile wallet services market to grow at a cagr of 42% during the period 2017-2021 covered in this report the report covers the present scenario and the growth prospects of the global mobile wallet services market for 2017-2021. The global mobile wallet market is expected to grow at cagr of 40% and estimated to reach at market size of us ~$5 billion by the end of forecast period study objectives of mobile wallet market: to provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the mobile wallet market. Tech giants, banks, card networks, telecom operators, payment companies and merchants have introduced multiple digital wallet solutions to the market, attracted by the multi-billion mobile payments opportunity, as detailed in the ystatscom report. To scrutinize the detailed market segmentation and forecast the market size, in terms of value, by segmenting the uae mobile wallet market into northern and southern regions to identify the drivers and challenges for the uae mobile wallet market.
This statistic shows the global mobile payment revenue from 2015 to 2019 the worldwide mobile payment revenue in 2015 was 450 billion us dollars and is expected to surpass 1 trillion us. Dublin, june 06, 2017 (globe newswire) -- research and markets has announced the addition of the global mobile wallets 2017 competitors and market opportunities report to their offering. The global mobile wallet market is expected to grow from $2329 billion in 2014, and reach $31551 billion in 2020, growing with a cagr of 520% the growth in smartphone and mobile internet users, and convenience and accessibility are some of the factors, driving the growth of the global mobile wallet market. The global mobile payment transaction services market has been segmented into key industry verticals which helps the players understand the working of the industry even better. The report aims to provide an overview of global mobile wallet and payment technology market with detailed market segmentation by application, payment mode and service providers the global mobile wallet and payment technology market is anticipated to witness decent growth during the forecast period owing to the increasing adoption of.
The report covers forecast and analysis for the mobile wallet market on a global and regional level the study provides historic data of 2014 along with a forecast from 2015 to 2020 based on revenue (usd billion. The report aims to provide an overview of global mobile wallet and payment technology market with detailed market segmentation by application, payment mode and service providers. Orbis research market brilliance released a new research report of 101 pages on title ‘global mobile wallet (nfc, digital wallet) industry report’ with detailed analysis, forecast and strategies the study covers important players such as mastercard, apple, amazon, square, citibank, citrus payment, dwolla and etc.
Global mobile wallet market is estimated to reach $5,795 billion by 2024 growing at a cagr of 375% from 2016 to 2024 mobile wallet is a digital form of debit card, credit card, or prepaid card information on mobile devices used for sending or receiving payment and to do online money transaction. Technavio's report, global mobile wallet market 2015-2019, has been prepared based on an in- depth market analysis with inputs from industry experts it also covers the market landscape and. Global mobile wallets 2017: competitors and market opportunities publication date: january 2017 page 2 general information i page 3 key findings i page 4-5 table of contents i page 6 report-specific sample charts i page 7 methodology i page 8 related reports i page 9 clients i page 10-11 frequently asked questions page 12 order form i page 13 terms and conditions. Mobile payment market is projected to reach $4,574 billion by 2023 with the growth in awareness about mobile wallets, along with launch of mobile wallet apps such as google wallets and paytm, the mobile wallet segment is expected to witness robust growth in the coming years.
Technavio's report, the mobile wallet market in india 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts the report covers india it also covers the mobile wallet market in india market landscape and its growth prospects in the coming years. Mobile money — the next wave of growth is the latest in a series of ey reports on developments global mobile marketing ad spend by retailers reached us$28bn in 2012,to double by 2015 1 new forms of mobile wallet, m-commerce and marketing related.