Booming Growth in Mobile Payment Market Analysis Report 2019 and Top International Players (Orange SA, Mastercard, Paypal, MTN Group) | Forecast to 2025
Global Mobile Payment Market Overview:
The Global Mobile Payment Market industry valued approximately USD 253.2 Billion in 2016 is anticipated to grow with a healthy growth rate of more than 33.40% over the forecast period 2017-2025. The major factors driving the growth is due to increased penetration of Smartphone’s, growth in m-commerce industry, change in lifestyle, and the need for quick and hassle-free transaction.
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The Global Mobile Payment Market is segmented on the basis of Mode of Transaction, Type of Mobile Payment, Application and Region. 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.
Big Industry News:
Orange SA (September 12, 2019) – Radio France equips Maison de la Radio with next generation IP technology with Orange Business Services and BCE – Radio France, the leading French radio group, is transforming the media infrastructure of its headquarters, Maison de la Radio, to next generation, full IP technology. Following a public tender, this project was entrusted to Orange Business Services, a global digital services operator and integrator, and to BCE, a European expert in media services, and is the largest of its kind in the European media sector to date. The migration to the latest generation of IP infrastructure is key to facilitate the development of audiovisual broadcasting and production tools. This project is part of Radio France’s ambition to invest heavily to modernize its production and broadcasting tools for all radio and radio-related content by 2022.
The transformation program led by Orange Business Services and BCE involves the infrastructure of all Maison de la Radio’s studios. The new audiovisual production facilities will rely on a robust, next generation IP infrastructure based on Cisco technology for the transport and broadcast of voice and video.
“The combined expertise of Orange Business Services and BCE, complemented by the professionalism of Maison de la Radio’s project teams, will allow us to innovate and facilitate the production and broadcast of programs while meeting the highest standards required by the media sector,” comments Patrick Fasso, Technical and Information Systems Director at Radio France.
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Major Key Players:
1 Vodacom Group Limited
2 Orange SA
3 Bharti Airtel Limited
4 Mastercard Incorporated
5 Safaricom Limited
6 Paypal Holdings, Inc.
7 MTN Group Limited
Mode of Transaction:
1 Short Message Service (SMS)
2 Near Field Communication (NFC)
Region segment: Mobile Payment Market report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Mobile Payment in these regions, from 2013 to 2025 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America
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Major Points in Table of Contents:
Global Mobile Payment Market Report 2018
1 Research Methodology
2 Global Mobile Payment Market Definition & Scope
3 Executive Summary
4 Global Mobile Payment Industry Dynamics
5 Global Mobile Payment Market by Mode of Transaction
6 Global Mobile Payment Market by Types of Mobile Payment
7 Global Mobile Payment Market by Application
8 Global Mobile Payment Market, Regional Analysis
9 Competitive Intelligence
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