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Mobile Payment Market Share 2019 Analysis by Orange, Vodacom, MasterCard, Bharti Airtel, MTN, Safaricom, PayPal, Millicom & more) Industry to Reach US$ 8.06 Billion, Growing at 33.6% CAGR by 2025

02-12-2019 03:05 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Decision Market Reports

2019 Mobile Payment Market 2025

2019 Mobile Payment Market 2025

Global Mobile Payment Market 2019-2025: According to research study, the global Mobile Payment Market was valued at USD 0.80 Billion in 2017 and is projected to reach USD 8.06 Billion by 2025, growing at a CAGR of 33.6% from 2018 to 2025.

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Global Mobile Payment Market Competitive Landscape

The “Global Mobile Payment Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Orange S.A., Vodacom Group Limited, MasterCard Incorporated, Bharti Airtel Limited, MTN Group Limited, Safaricom Limited, PayPal Holdings, Inc., Econet Wireless Zimbabwe Limited, Millicom International Cellular SA, and Mahindra Comviva. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above mentioned players globally.

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What is Mobile Payment?

Mobile payment is defined as a payment mode for goods or services or transfer of money by using mobiles or smartphones. It allows the customers to make easy and fast payment for services and products. In the upcoming years, the rising adoption of various advanced technologies such as near field communication (NFC), wearable devices, and mobile point-of-sale (m-POS) are expected to increase the demand for mobile payment technologies. It is helpful in avoiding the usage of currency, coins, plastic, and paper media such as checks, cash, bank transactions, and debit/credit cards. Rising adoption of smartphones and tablets across emerging countries has fuelled the growth of mobile payment market.

Global Mobile Payment Market Outlook

In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

Growing penetration of smartphones in developing countries, growing M-commerce Industry and rising adoption of mobile payment in emerging economies have been driving the global mobile payment market. On the other hand, privacy and security concerns might hinder the overall growth at a global level.

Research study narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Mobile Payment Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market. This can be of a great use in gaining knowledge about the cutting-edge technologies in the market.

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Global Mobile Payment Market Segmentation, by Mode of Transaction
• • Short Message Service (SMS)
• • Near-field Communication (NFC)
• • Wireless Application Protocol (WAP)

Global Mobile Payment Market Segmentation, by Type of Mobile Payment
• • Mobile Wallet/Bank Cards
• • Mobile Money

Global Mobile Payment Market Segmentation, by Application
• • Entertainment
• • Retail
• • Energy & Utilities
• • Healthcare
• • Hospitality & Transportation
• • Others

Global Mobile Payment Market Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Latin America
o Brazil
• Rest of the World

Table of Content

1 INTRODUCTION OF GLOBAL MOBILE PAYMENT MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources

4 GLOBAL MOBILE PAYMENT MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
4.5 Regulatory Framework

5 GLOBAL MOBILE PAYMENT MARKET, BY TYPE
5.1 Overview
5.2 Short Message Service (SMS)
5.3 Near-field Communication (NFC)
5.4 Wireless Application Protocol (WAP)

6 GLOBAL MOBILE PAYMENT MARKET, BY TYPE OF MOBILE PAYMENT
6.1 Overview
6.2 Mobile Wallet/Bank Cards
6.3 Mobile Money

7 GLOBAL MOBILE PAYMENT MARKET, BY APPLIACTION
7.1 Overview
7.2 Entertainment
7.3 Energy & Utilities
7.4 Healthcare
7.5 Retail
7.6 Hospitality & Transportation
7.7 Others

8 GLOBAL MOBILE PAYMENT MARKET, BY GEOGRAPHY
8.1 Overview
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Latin America
8.5.1 Brazil
8.5.2 Argentina
8.6 Rest of the World

9 GLOBAL MOBILE PAYMENT MARKET COMPETITIVE LANDSCAPE

...Continued

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Decision Market Reports is a one-stop solution, covers market research studies of all the industries, companies and regions. DMR aims at providing quality research, and insights about every market to helps our clients in taking right decisions. Our repository consists of most trending industry reports, niche areas, and leading company profiles. A comprehensive collection of reports is updated daily to offer hassle-free access to our latest updated report databases.

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