Press release
Insights on Global Master Recharge API Market and Forecast Assumptions for the Period 2018 – 2026
MRRSE
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The retail payments industry is witnessing significant technological advancements across the world. Retail industry has seen introduction of upgraded recharge and billing technologies, due to developments across the telecom industry, and proliferation of online banking or online payment technologies, with master recharge API being one of these technologies. With focus on convenient, easy go online recharge, and utility billing payment, the master recharge technology has been introduced to the end-use market. The market for master recharge API is forecast to reach US$ 16,159.3 Mn by 2026 from US$ 10,279.4 Mn in 2017, recording a CAGR of 5.2%.
The master recharge API market has witnessed significantly increased demand due to growing number of smartphone users and increasing adoption of online payments across the world. Master recharge API for prepaid mobile recharge leads the recharge API service segment, followed by DTH recharge service. Master recharge API usage for utility billing application is in an embryonic stage; hence the utility billing service segment was observed to contribute less in 2016. However, the segment is anticipated to experience remarkable growth by 2026.
Global Master Recharge API Market: Scope of the Report
The study provides a decisive view of the global master recharge API market, broadly segmented by service as prepaid mobile recharge, postpaid mobile recharge, data card, DTH, electricity, insurance, and others (Gas, other utility services). Further, the report provides a detailed breakdown of the master recharge API market across geographic regions, which include North America, Europe, Asia Pacific, Middle East & Africa, and South America, thus providing valuable insights at micro and macro levels.
Browse Full Report with Table of Content, List of Table and Figures – https://www.mrrse.com/master-recharge-api-market
The report highlights the competitive scenario within the master recharge API market, thus ranking all the major players according to the key recent developments and their geographic presence. The insights are the result of our extensive primary interviews, secondary research, and in-house expert panel reviews. Market estimates have been analyzed by considering the impact of different economic, political, social, legal, and technological factors.
On the basis of country, the North America market is segmented into Canada, the U.S., and Mexico. The Europe market is analyzed across France, Germany, the U.K., and Rest of Europe. APAC master recharge API market is also segmented at country level which includes China, Japan, India, and Rest of Asia Pacific. Middle East & Africa region covers G.C.C. countries, South Africa, and Rest of Middle East & Africa. Similarly, South America region includes Brazil and Rest of South America. This report provides all the strategic information required to understand the master recharge API market along with its components and end-users.
Global Master Recharge API Market: Research Methodology
The research methodology is a perfect combination of primary research, secondary research, and expert panel reviews. Secondary sources such as annual reports, company websites, SEC filings and investor presentations, internal and external proprietary databases, statistical databases, relevant patent and regulatory databases, market reports, government publications, World Bank database, and industry white papers are usually referred to develop preliminary market understanding. Further, for this report we have specifically focused on data from various national telecom authorities and industry bodies.
Primary research involves telephonic interviews, e-mail interactions, and face-to-face interviews for detailed and unbiased reviews on the master recharge API market across geographies. Primary interviews are usually conducted on an ongoing basis with industry experts and participants in order to get latest market insights and validate the existing data and analysis. Primary interviews offer new and fresh information on important factors such as market trends, market size, competitive landscape, growth trends, etc. These factors help to validate and strengthen secondary research findings. Moreover, the data collected and analyzed from secondary and primary research is again discussed and examined by our expert panel.
Global Master Recharge API Market: Competitive Dynamics
The research study includes profiles of major companies operating in the global master recharge API market. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. Parameters such as investment & spending and developments by major players of the market are tracked. Some of the key players in the master recharge API market are Ezetop, Cyberplat, Euronet Worldwid, Jolo, Crowdfinch, Axis Softech Private Limited, Recharge Handa (Handa Enterprises), Indian Web Technologies (P) Ltd. (IWT), Pixyrs Softech, Pointersoft Technologies Pvt. Ltd., MyRecharge, Xtracare IT Solution, LBS Software, and Cyrus Technoedge Solutions Pvt. Ltd. among others.
The Master Recharge API Market has been segmented as follows:
Global Master Recharge API Market
By Service
Prepaid Mobile Recharge
Postpaid Mobile Recharge
Data Card
DTH
Electricity
Insurance
Others (Gas, Other Utilities, etc.)
By Geography
North America
U.S.
Canada
Mexico
Europe
Germany
The U.K.
France
Rest of Europe
Asia Pacific
China
Japan
India
Rest of Asia Pacific
Middle East and Africa (MEA)
GCC Countries
South Africa
Rest of MEA
South America
Brazil
Rest of South America
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