Press release
Mobile Wallet Market Is Booming Worldwide | PayTm, FreeCharge, Mobikwik, My Airtel
Mobile Wallet Market
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HTF ' latest market research report titled Mobile Wallet Market in India 2017 states that the digital market has greatly benefitted from the recent demonetization in India, which has boosted the usage of m-wallets in the country. The m-wallet is driven by increased usage of smartphones, 3G and 4G penetration and growth of e-commerce industry, combined with the rise in disposable income. Post demonetization, the monthly average wallet spending has jumped from INR 500-700 to INR 2000-10,000. Within next four years, prepaid instruments transactions will grow to become the double of mobile banking transactions. Companies like PayTm, FreeCharge, Mobikwik, My Airtel, Oxigen Wallet, My Vodafone, and Pockets by ICICI are the main players in this industry.
Increased cases for cyber crimes in India, lack of trust in digital payment gateway, compatibility issues, consumer mindset and financial regulations are adversely affecting the market. Many companies are expanding and restructuring with the aim of not only increasing their gross merchandise value but also to launch other financial services such as loans and investments on their platform. With the convenience of payment and other benefits offered by digital gateways, the m-wallet industry is expected to grow exponentially.
Coverage:
Overview of the forecasted mobile wallet market size over FY 2016 to 2020e
Overview of the mobile wallet transaction market size over FY 2016 to FY 2020e
Evolution of consumer digital payments
Mobile wallet payment varieties
Types of mobile wallets
Growth in mobile wallet banking and prepaid instruments
Mode of payment-wise segmentation
Market segmentation of mobile wallet services and gender-wise segmentation
Player-wise segmentation
Future opportunities of mobile wallets
Qualitative analysis of the major drivers and challenges affecting the market
Analysis of the competitive landscape and detailed profiles of major public and private players
Recent developments in the industry
View Detailed Table of Content @ https://www.htfmarketreport.com/reports/1304510-mobile-wallet-market-2
Why Buy?
Get a broad understanding of the mobile wallet sector in India, its link to the overall digital payment gateway products, the major segmentations of the sector and current state of the same
Be informed about the post demonization and its effects on mobile wallets
Understand major competitors' business, market dynamics, and respond accordingly
Be informed regarding the key areas of opportunity in the mobile wallet sector
Make more informed business decisions with the help of insightful recommendations provided to succeed in the mobile wallet sector
Make an enquiry before buying this Report @ https://www.htfmarketreport.com/enquiry-before-buy/1304510-mobile-wallet-market-2
Slide 1: Executive Summary
Socioeconomic Indicators
Slide 2: Total Population (2010-2011 – 2019-2020), Population Density (2010-2011 – 2019-2020)
Slide 3: Sex Ratio (2005, 2010, 2015, 2020), Population by Age Group (2005, 2010, 2015, 2020), Urbanization Trend (2010-2011 – 2019-2020)
Slide
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HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.
Contact US :
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Unit No. 429, Parsonage Road Edison, NJ
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