Press release
Mobile Payment Technologies Market Share, size, and Trends Analysis Focusing on Top Key Players Novatti Group Limited, PayUmoney, Paysafe Holdings UK Limited, Stripe, Dwolla
Mobile Payment Technologies Market
Market Analysis:
Global mobile payment technologies market is expected to register a healthy CAGR of 35.48% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the government initiatives promoting the usage of digital payment platforms along with availability of attractive offers available to the consumers with availing bill payment services through these mobile payment platforms.
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Influencing players of this market are:
Visa; Ant Financial; Airtel India; Boku Inc.; Apple Inc.; AT&T Intellectual Property; Mastercard; Google; Fortumo; American Express Company; PayPal; Tencent; Vodafone Group; Fiserv, Inc.; Microsoft; First Data Corporation; BlueSnap Inc.; Global Payments Inc.; Paytm; SIX Card Solutions; Worldpay, LLC; Wirecard; ACI Worldwide, Inc.; Novatti Group Limited; PayUmoney; Paysafe Holdings UK Limited; Stripe; Dwolla; MTN Group Management Services (Pty) Ltd; Orange; Millicom; Safaricom; Comviva and among others.
Market Drivers:
Increased levels of users of smartphones, smart devices availing the usage of internet is expected to drive the growth of the market
Availability of innovative methods of usage and advancements in technology; the market is expected to be driven by this factor
Market Restraints:
Concerns regarding security and threats of hacking private information is expected to restrain the growth of the market
Lack of regulations and standards to transact with individuals and organisations in different regions or across borders; this factor is expected to restrain the growth of the market
This Mobile Payment Technologies report consolidates comprehensive industry examination with exact data and conjectures that offers total research arrangements and brings the most extreme industry clarity for decision making.
Analysis based on various segments-:
This analysis gives an examination of various segments that are relied upon to witness the quickest development amid the estimated forecast frame.
By Type
Proximity Payment
Near Field Communication (NFC)
QR Code Payment
Remote Payment
Short Message Service-Based (SMS-Based)
Direct Operator Billing
Digital Wallet
Unstructured Service Supplementary Data/Sim Tool Kit (USSD/STK)
By Purchase Type
Airtime Transfers & Top-Ups
Merchandise & Coupons
Money Transfers & Payments
Travel & Ticketing, Others
By End-Use
Banking, Financial Services & Insurance (BFSI)
Retail
Media & Entertainment
Hospitality & Tourism
Education
Healthcare
IT & Telecommunications
Others
Regional Insights-
Regional analysis helps the market players to take an exhaustive assessment of the Mobile Payment Technologies market region wise so that it becomes easy for them to distinguish and investigate the developing pattern and hidden opportunities all over the world.
The Mobile Payment Technologies market covers regions such as- South America, North America, Europe, Asia-Pacific, Middle East, and Africa.
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Analysis based on Competition-:
The Mobile Payment Technologies market report presents profiles of key market players and information about different techniques they have utilized, for example, new product dispatches, extensions, understandings, joint endeavors, associations, acquisitions, and others to expand their impressions in this market so as to continue in long run.
Key queries addressed in this report-:
What will be the market size and market share in the upcoming future?
What are the new and hidden opportunities in the market?
Who are the top players in market?
How the challenge goes later on?
Which are the main regions impacting the market growth?
What are the difficulties in future?
Key Issues addressed here-:
Uncertainty of upcoming revenue pockets and growth areas.
Understanding business sector sentiments.
Understanding the most dependable venture focuses.
Competitiveness of Top industry players
Trending factors which are impacting the market growth.
Challenges and threats faced by the leading players
Research strategies and tools used-:
This Mobile Payment Technologies market research report helps the readers to know about the overall market scenario, strategy to further decide on this market project. It utilizes SWOT analysis, Porter’s Five Forces Analysis and PEST analysis.
Contact:
Data Bridge Market Research
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Email: Corporatesales@databridgemarketresearch.com
About Data Bridge Market Research:
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