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Mobile Payment Market Size & Industry Share by Leading Companies, Opportunities, Revenue Growth, Trends and Outlook (2020-2026)

Mobile Payment Market

Mobile Payment Market

The global mobile payment market size is projected to reach a transaction value of USD 6,884.24 billion by 2026, thereby exhibiting a CAGR of 28.7% during the forecast period. Whilst, it stood at USD 925.69 billion in 2018. This information is provided in a recently published study by Fortune Business Insights(TM), titled, "Mobile Payment Market Size, Share & Industry Analysis, By Payment Type (Proximity Payment, Remote Payment), By Industry (Media & Entertainment, Retail, BFSI, Automotive, Medical & Healthcare, Transportation, Consumer Electronics, Others), and Regional Forecast, 2019-2026."

The report provides a 360-degree overview of the market, listing various factors restricting, propelling, and obstructing the market in the forecast duration. The report also provides additional information such as interesting insights, key industry developments, detailed segmentation of the market, list of prominent players operating in the market, and other mobile payment market trends. The report is available for sale on the company website.

For More Information and Detailed Scope of this Report, Visit - https://www.fortunebusinessinsights.com/industry-reports/mobile-payment-technology-market-100336

Regional Analysis for Mobile Payment Market:

North America (the USA and Canada)
Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
Latin America (Brazil, Mexico and Rest of Latin America)
Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

The study further states that the market is likely to gain momentum from the expansion of e-commerce businesses and increasing digitalization of payment services. Also, several companies present in the market are persistently launching value-added services, such as reward cards to encourage consumers to use mobile payment features. It is done because of the rising competition amongst the key players to widen their consumer bases by offering them an enhanced experience. This factor would affect the market positively in the coming years.

Fortune Business Insights(TM) profiles some of the most prominent companies operating in the mobile payment market. They are as follows:

Obopay
Google Inc.
com Co Ltd.
Microsoft Corporation
Boku Inc.
MasterCard International Inc.
Visa Inc.
com Inc.
PayPal Inc.
American Express Co.

Get Sample Brochure for More Details - https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/mobile-payment-technology-market-100336

"Usage of AI to Identify Consumer Purchasing Behavior Will Fuel Growth"

Nowadays, key companies can analyze consumer preferences through mobile payment transactions. Additionally, artificial intelligence (AI) is being rapidly used by these companies to help them in processing the data and identifying the patterns. AI utilizes this data to recognize the buying behavior of the consumers. It allows businesses to plan their future business strategies appropriately. Besides, daily interaction with consumers can be easily done with the help of AI-enabled tools, such as chatbots. These chatbots can construct and enforce transaction processes as per the users' requirements. As technological advancement upsurges, there is a rise in the number of fraudulent online activities. AI helps in detecting such acts through persistent scanning. These factors would accelerate the mobile payment market growth in the coming years.

Major Table of Contents for Mobile Payment Market:

Introduction
Executive Summary
Market Dynamics
Key Mobile Payment Market Insights
Global Market Analysis, Insights and Forecast, 2015-2026
North America Market Analysis, Insights and Forecast, 2015-2026
Europe Market Analysis, Insights and Forecast, 2015-2026
Asia Pacific Market Analysis, Insights and Forecast, 2015-2026
The Middle East and Africa Market Analysis, Insights and Forecast, 2015-2026
Latin America Market Analysis, Insights and Forecast, 2015-2026
Competitive Landscape
Global Mobile Payment Market Revenue Share Analysis, By Key Players, 2020
Company Profiles
Conclusion

For Any Queries and Further Information, Speak to Our Analyst - https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/mobile-payment-technology-market-100336

About Us:
Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

Contact:
Name: Ashwin Arora
Email: sales@fortunebusinessinsights.com
Phone: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245

Contact:

Name: Ashwin Arora
Email: sales@fortunebusinessinsights.com
Phone: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245

About Us:

Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

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