openPR Logo
Press release

Mobile Payment Industry (Market) Growth Analysis By Top Key Players | Orange S.A.,Vodacom Group Limited,MasterCard Incorporated,Bharti Airtel Limited,MTN Group Limited,Safaricom Limited,PayPal Holdings, Inc. and Many More

03-11-2019 07:36 AM CET | IT, New Media & Software

Press release from: Big Market Research

/ PR Agency: Big Market Research
Mobile Payment Industry (Market) Growth Analysis By Top Key

Growth in penetration of smartphones and personal devices, such as tablets and smart watches, along with the evolving technology, has transformed an individual’s way of living. The mobile payment trend has taken over traditional payment method, owing to current cashless transactions done using mobiles as a payment method. This payment method is easy and a hassle-free way to pay money virtually. Increased adoption of mobile payment in emerging economies of Asia-Pacific is expected to continue to foster growth in the mobile payment market in the coming years.

Request Sample At: https://www.bigmarketresearch.com/request-sample/2476699

Mobile payment is used in stores and to make remote location payment via messages or mobile apps. Different types of mobile payment mediums, such as near-field communication (NFC), have been developed to provide faster money transactions. The mobile payment industry witnessed an important development when Apple announced the launch of Apple Pay, its new payment feature. This feature enables iPhone 6 and 6 plus customers to make payments at more than 200,000 retail locations in the U.S. In addition, in 2015, Starbucks Corp. launched the Mobile Order & Pay Program across the U.S. to enable customers to preorder and avoid waiting in long queues, thus boosting the market growth. Growth in e-commerce industry, increased penetration of smartphones, change in lifestyle, and the need for quick and hassle-free transactions drive the market growth. However, data breaches and security concerns impede this growth. Rise in knowledge, exposure to social media, and high potential in emerging economies are projected to present numerous growth opportunities for mobile payment market in the near future.

The mobile payment market is categorized by mode of transaction, type of mobile payment, application, and geography. By mode of transaction, it comprises short message service (SMS), near-field communication, and wireless application protocol (WAP). Based on the type of mobile payment, it is bifurcated into mobile wallet/bank cards and mobile money. By application, it is sub-segmented into entertainment, energy & utilities, healthcare, retail, hospitality & transportation, and others. By geography, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. As per the analysis, Asia-Pacific accounted for the largest mobile payment market share in 2016, owing to high mobile penetration platform for e-commerce transactions.

Key players profiled in the report include 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.

Enquire About Report At: https://www.bigmarketresearch.com/purchase-enquiry/2476699

KEY BENEFITS FOR STAKEHOLDERS

In-depth analysis of the global mobile payment market along with its dynamics is provided to understand the market scenario.
Quantitative analysis of the current trends and future estimations from 2017 to 2023 is provided to assist strategists and stakeholders to capitalize on prevailing opportunities.
Porter’s Five Forces analysis examines the competitive structure of the mobile payment market and provides a clear understanding of the factors that influence the market entry and expansion.
A detailed analysis of the geographical segments enables identification of profitable segments for market players.
Comprehensive analysis of the trends, sub-segments, and key revenue pockets are provided in the report.
Detailed analysis of the key players and their business strategies are anticipated to assist stakeholders to take informed business decisions.
Profile analysis of leading players that operate in the mobile payment market are provided in the report, which highlight the major developmental strategies such as mergers & acquisitions, expansions, and new product launches adopted by these companies.

Access Full Report At: https://www.bigmarketresearch.com/mobile-payments-market

KEY MARKET SEGMENTS

Mobile Payment Market by Mode of Transaction

Short Message Service (SMS)
Near-field Communication (NFC)
Wireless Application Protocol (WAP)
Mobile Payment Market by Type of Mobile Payment

Mobile Wallet/Bank Cards
Mobile Money
Mobile Payment Market by Application

Entertainment
Energy & Utilities
Healthcare
Retail
Hospitality & Transportation
Others

Big Market Research has a range of research reports from various publishers across the world. Our database of reports of various market categories and sub-categories would help you find the exact report you may be looking for. We are instrumental in providing quantitative and qualitative insights on your area of interest by bringing reports from various publishers at one place to save your time and money. A lot of organizations across the world are gaining profits and great benefits from information gained through reports sourced by us.

Contact Us:

Mr. Abhishek Paliwal
5933 NE Win Sivers Drive, #205, Portland,
OR 97220 United States
Direct:+1-971-202-1575
Toll Free:+1-800-910-6452
email help@bigmarketresearch.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 Industry (Market) Growth Analysis By Top Key Players | Orange S.A.,Vodacom Group Limited,MasterCard Incorporated,Bharti Airtel Limited,MTN Group Limited,Safaricom Limited,PayPal Holdings, Inc. and Many More here

News-ID: 1644490 • Views:

More Releases from Big Market Research

Micro Drone Market to Witness a Pronounce Growth during 2025
Micro Drone Market to Witness a Pronounce Growth during 2025
The Global Micro Drone Market report is one of the most comprehensive and important data about business strategies, qualitative and quantitative analysis of the Global Market. Micro Drone Market research report offers extensive research and analysis of key aspects of the global Micro Drone market. The report provides brief summary and detailed insights into the market by collecting data from the industry experts and several prevalent in the market. Besides
Lancing Device Market VALUATION TO BOOM THROUGH 2025
Lancing Device Market VALUATION TO BOOM THROUGH 2025
The Global Lancing Device Market report is one of the most comprehensive and important data about business strategies, qualitative and quantitative analysis of the Global Market. Lancing Device Market research report offers extensive research and analysis of key aspects of the global Lancing Device market. The report provides brief summary and detailed insights into the market by collecting data from the industry experts and several prevalent in the market. Besides
VET Diagnostic Market Insights, Technology Advancements and Forecast 2025
VET Diagnostic Market Insights, Technology Advancements and Forecast 2025
The Global VET Diagnostic Market report is one of the most comprehensive and important data about business strategies, qualitative and quantitative analysis of the Global Market. VET Diagnostic Market research report offers extensive research and analysis of key aspects of the global VET Diagnostic market. The report provides brief summary and detailed insights into the market by collecting data from the industry experts and several prevalent in the market. Besides
Application Modernization Tools Market to Witness a Pronounce Growth during 2025
Application Modernization Tools Market to Witness a Pronounce Growth during 2025
The Global Application Modernization Tools Market report is one of the most comprehensive and important data about business strategies, qualitative and quantitative analysis of the Global Market. Application Modernization Tools Market research report offers extensive research and analysis of key aspects of the global Application Modernization Tools market. The report provides brief summary and detailed insights into the market by collecting data from the industry experts and several prevalent in

All 5 Releases


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