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Mobile Wallet Market to 2026 Technological Growth, Business Opportunities by Leading Industry Players- Visa, Sprint Corporation, Samsung Electronics, Microsoft Corp, MasterCard Incorporated, Google

03-20-2019 12:48 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsWeb

Mobile Wallet Market

Mobile Wallet Market

Mobile wallet is a digital form of debit card, credit card, or prepaid card information on mobile devices used for sending or receiving payment and to do online money transaction. Mobile wallet can give another method for physical plastic card to make fast purchase through mobile apps. They are tremendously suitable for regular payments such as utility bill payments, groceries etc., and has gained extensive popularity in a variety of sectors such as retail, utilities, telecom, and transportation, among others.

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.

Top Manufacturer Detail-

Visa Inc., Sprint Corporation, Samsung Electronics Co., Ltd., Microsoft Corp. Inc, MasterCard Incorporated, Google Inc., First Data Corporation, Citrus Payment Solutions, Citibank, Blackberry Ltd., Bank of America, AT&T INC., Apple Inc., American Express, Alipay, Paytm, Vodafone, PayPal

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According to Publisher, the Global Mobile Wallet Market is accounted for $880.21 billion in 2017 and is expected to reach $9,352.15 billion by 2026 growing at a CAGR of 30.0% from 2017 to 2026. The factors that are driving the market growth include rising awareness regarding mobile wallets and their applications, growing smart phone penetration and escalating benefits of mobile wallets. However, factors such as investment and deployment issues are restraining the market growth.

By geography, 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.

Table of Contents

Part 1 Industry Overview
1.1 Mobile Wallet Market
1.1.1 Market Development
1.1.2 Terminology Definition in the Report
1.2 Products & Services Scope
1.3 Industry Chain
1.4 Industry Dynamics & Regulations
1.5 Global Market Overview

Part 2 Upstream & Production
2.1 Raw Materials / Components
2.2 Procurement Methods & Channels
2.3 Cost Structure & Manufacturing
2.4 Industry Capacity
2.5 Production Distribution by Geography
2.5.1 Production in Major Regions / Countries
2.5.2 Trade Flow Overview

Part 3 Product Segment
3.1 Introduction by Type
3.1.1 Single Eye
3.1.2 Double Eye
3.2 Market Status

Part 4 Application / End-User Segment
4.1 Introduction by Application
4.1.1 Government
4.1.2 Transportation
4.1.3 Healthcare
4.1.18
4.2 Market Status

Part 5 Regional Market
5.1 Market Overview
5.2 by Region
5.2.1 North America
5.2.2 Europe
5.2.3 Asia-Pacific
5.2.4 South America
5.2.5 Middle East
5.2.6 Africa

Part 6 Market Subdivision
6.1 Regional Production
6.1.1 Production by Type
6.1.2 Production by Application
6.2 Regional Demand
6.2.1 Demand by Type
6.2.2 Demand by Application
6.2.2.18 Demand by Region

Part 7 Market Forecast
7.1 Global Forecast
7.2 Forecast by Type
7.3 Forecast by Application
7.4 Forecast by Region

Part 9 Company Competition
9.1 Market by Company
9.2 Price & Gross Margin
9.3 Competitive Environment for New Entrants
9.3.2 SWOT

Part 10 Research Conclusion

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