Mobile Payment Transaction Market: Rising Demand For Mobile Payment Transaction Services From Consumers Drives Demand
The urge of a faster and convenient payment method has resulted in the evolution of mobile payment transaction market. Further, the involvement of the giant industry veterans has given a kick start to the emergence of the mobile transaction market. Major credit to this rapidly growing industry goes to the advanced technologies involved in the field. Their contribution in easing out the payment processes has multiplied growth in the global mobile payment transaction market. Mobile payment refers to the payment of goods/services/money transfer, or any money transaction carried out through mobiles, smartphones, and smart watches.Obtain Report Details @ https://www.transparencymarketresearch.com/mobile-payment-transaction-market.html
The report consist of detailed analysis and key growth aspects of the global mobile payment transaction market. Expert researchers have presented highly accurate data of trends and opportunities associated with this market. The information provided in the report is crucial to understand the market for mobile payment transaction from a global perspective
Global Mobile Payment Transaction Market: Trends and Opportunities
Rising demand for mobile payment transaction services from consumers is expected to be a major factor driving growth in the global mobile payment transaction market. To meet growing consumer demands, giant companies have poured immense fortunes to tranquil payment procedures all over the globe. Exciting launches regarding payment wallets, offers, and cashbacks have managed to gain the attention of almost every class of economy. Furthermore, cashless payments have several pros over traditional payment options such as avoiding the risk of loss or theft of money. This is a major drawback of the conventional payment mode. A growing adoption of smartphones across all the emerging economies has widely influenced growth in mobile payment technologies. The introduction of quick payment methodologies such as NFC, banking apps, and point of sale (m-POS), have widely incited mobile usage for carrying out payments. The evolution of e-commerce industry plays a major role in ushering rapid growth of the global mobile payment transaction market too.
Global Mobile Payment Transaction Market: Geographical Analysis
The global mobile payment transaction market has influenced most economies all over the globe. By region, the mobile payment industries has is mainly spread across North America, Asia-Pacific, and Europe. Of these, Asia-Pacific region is expected to generate highest share of revenue in the market in future. This is mainly due to the high adoption of mobile payments witnessed by this region thanks to budding commerce-based platforms. The mobile penetration in these regions are higher for e-commerce transitions as compared to other regions.
Get Sample Copy of this report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=57495
Global Mobile Payment Transaction Market: Competitive Landscape
Global mobile payment transaction market has influenced several giant players of the market. Major companies involving in the global mobile payment transaction are MasterCard Incorporated, Econet Wireless Zimbabwe ltd, Orange S.A., MTN Group Ltd, Bharti Airtel Ltd, Mahindra Comviva Safaricom Ltd, PayPal Holdings, Inc., Millicom International Cellular and so on. Other companies influencing the market are One97 Communications Ltd., TIO Networks Corp., Apple Inc. for Apple Pay, and Google Inc. for Google Wallet.The competition is likely to highly intensify in the market with new features being added by several players.
Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email Id:corporateict2@transparencymarketresearch.com
Website: www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Mobile Payment Transaction Market: Rising Demand For Mobile Payment Transaction Services From Consumers Drives Demand here
News-ID: 1502542 • Views: …
More Releases from Transparecny Market Research
Commercial Printer Market Key Trends & Forecast 2024 - 2034
The global Commercial Printer Market (Markt für kommerzielle Drucker) has been sailing through robust waters, witnessing a valuation of US$ 10.5 billion in 2023. As we set our sights on the horizon, the market is poised to embark on a journey of steady growth, with a projected Compound Annual Growth Rate (CAGR) of 2.3% from 2024 to 2034. By the end of 2034, the industry is expected to anchor at…
Smart Bathroom Products Market Size Expected to Reach USD 28.8 Bn by 2034
The global Smart Bathroom Products Market (Markt für intelligente Badezimmerprodukte) has been sailing through robust waters, witnessing a valuation of US$ 9.8 billion in 2023. As we set our sights on the horizon, the market is poised to embark on a journey of steady growth, with a projected Compound Annual Growth Rate (CAGR) of 10.3% from 2024 to 2034. By the end of 2034, the industry is expected to anchor…
Smart Crib Market Size, Share and Forecast By 2034 | Top Key Players - Happiest …
The global Smart Crib Market has been sailing through robust waters, witnessing a valuation of US$ 316.6 million in 2023. As we set our sights on the horizon, the market is poised to embark on a journey of steady growth, with a projected Compound Annual Growth Rate (CAGR) of 6.9% from 2024 to 2034. By the end of 2034, the industry is expected to anchor at an impressive US$ 641.7…
Cleaning Equipment and Supplies Market Size, Share and Forecast By 2034 | Top Ke …
The global Cleaning Equipment and Supplies Market (سوق معدات ولوازم التنظيف) has been sailing through robust waters, witnessing a valuation of US$ 108.5 billion in 2023. As we set our sights on the horizon, the market is poised to embark on a journey of steady growth, with a projected Compound Annual Growth Rate (CAGR) of 6.3% from 2024 to 2034. By the end of 2034, the industry is expected to…
More Releases for Mobile
Asia - Mobile Infrastructure and Mobile Broadband
Bharat Book Bureau Provides the Trending Market Research Report on "Asia - Mobile Infrastructure and Mobile Broadband" under Telecom category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.
Executive Summary
Leading Asian nations prepare for 5G rollouts
Asia’s mobile subscriber market is now witnessing moderate growth in a fast maturing market. Whilst there are still developing markets continuing to grow their mobile subscriber base at…
Mobile Virtual Network Operator (MVNO) Market 2019 Growth Trends by: LEBARA GROU …
The global mobile virtual network operator (MVNO) market was valued at USD 54.1 billion in 2017. The market is expected to register a CAGR of 8.8% during the forecast period, 2018-2023. Mobile virtual network operators (MVNO) are those who resell data and voice services with more flexible plans and lower prices. MVNO’s do not have their own infrastructure and own spectrum. However, they purchase minutes of use (MOU) from mobile…
Mobile Virtual Network Operator (MVNO) Market Analysis by Top Key Players Tracfo …
The mobile virtual network operator (MVNO) is also referred to as the mobile other licensed operator (MOLO), or the virtual network operator (VNO), is the remote service of communication which does not claim the remote network infrastructure on which it gives the customer the services.
Get Sample Copy of this Report @ https://www.bigmarketresearch.com/request-sample/2835705?utm_source=RK&utm_medium=OPR
The MVNO goes into the business agreement with the mobile network operator for acquiring more access to…
Mobile Virtual Network Operator (MVNO) Market Comprehensive Study 2018: Boost Mo …
Global Mobile Virtual Network Operator (MVNO) market report provides a thorough synopsis on the study for market and how it is changing the industry. The data and the information regarding the industry are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the market experts. Mobile Virtual Network Operator (MVNO) Market report includes historic data, present market trends,…
Asia - Mobile Infrastructure And Mobile Broadband
Asian mobile broadband market continues to grow strongly
With 3.9 billion mobile subscribers and over 50% of the mobile subscribers in the world, spread across a diverse range of markets, the region is already rapidly advancing in the adoption of mobile broadband services. Mobile broadband as a proportion of the total Asian mobile broadband subscriber base, has increased from 2% in 2008 to 18% in 2013, 27% in 2014, 33% in…
Mobile Money Market Trends, Public Demand and Worldwide Strategy - Mobile Commer …
The mobile money market report provides an analysis of the global mobile money market for the period 2014 – 2024, wherein 2015 is the base year and the period from 2016 to 2024 is the forecast period. Data for 2014 has been included as historical information. The report covers all the prevalent trends playing a major role in the growth of the mobile money market over the forecast period. It…