01-09-2019 08:37 PM CET - Business, Economy, Finances, Banking & Insurance

+30% CAGR growth to be achieved by Mobile Wallet Market – Know About its Top Growing Factors by Focusing Key Companies like Visa Inc., American Express, Apple Inc., Blackberry Ltd., Google Inc., Samsung Electronics Co. Ltd., MasterCard Incorporated

Press release from: The Research Insights

Mobile Wallet is a digital form of debit, credit or prepaid card information for mobile devices that are used to send or receive payments online and to make money transactions. Mobile Wallet offers another way for real-world plastic cards to make quick purchases with mobile apps. They are well suited for regular payments, such as utility bills, grocery stores, and are gaining widespread popularity in a variety of areas such as retail stores, utilities, telecom and transportation.

Key companies profiled in this reports:
Visa Inc., American Express, First Data Corporation, Apple Inc., AT&T INC., Blackberry Ltd., Google Inc., Sprint Corporation, Samsung Electronics Co., Ltd., MasterCard Incorporated.
The Mobile Wallets market has been estimated to register a CAGR of +30% during the forecast period.

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Amongst Application, retail segment accounted for significant market share during the forecast period. The growth of the retail segment can be attributed to the rising number of retail stores across the globe and the demand for convenient transactions. By region, Asia-Pacific is dominating the global market during predicted period. This growth in the market in the Asia Pacific countries is due to the declining smartphone prices. The demonetization in India has led to the fast acceptance of mobile wallet payment modes which rising the per day transactions by tenfold.
End user Covered:
• Card Users
• Online Shoppers
• Cash Payers

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Mobile Wallets Market is categorized by various parameters. Learn more about factors that affect market growth. The report also presents the overall weakness that companies in the market must avoid to achieve sustainable growth during the forecast period. In addition, the study includes profiles of leading companies in the growth of global markets. We also had used SWOT analysis to analyze market weaknesses and strengths. The report also provides insight into the opportunities and threats the company faces during the forecast period.

Applications Covered:
• Mobile Coupons
• Money Transfer
• Mobile Commerce Transactions
• Mobile Ticketing
• Other Applications

The key questions answered in the report are:
• What will be the Mobile Wallets market size and growth rate in 2026?
• What are the key drivers driving the global Mobile Wallets market?
• What are the key Mobile Wallets market trends that affect global market growth?
• What challenges to Mobile Wallets market growth?
• Who are the major suppliers in the global Mobile Wallets market?
• What are the Mobile Wallets market opportunities?

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About us

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This release was published on openPR.
News-ID: 1484633 • Views: 172
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