Press release
Mobile Payment Technology Market is Thriving Worldwide 2026 | Orange S.A., Vodacom Group Limited, MasterCard, Google, Bharti Airtel Limited, MTN Group Limited, Safaricom Limited, PayPal Holdings Inc., Econet Wireless Zimbabwe Limited, Millicom Internation
Mobile Payment Technology Market
Strategically analyzed facts and figures of the market and keen business insights covered in this Mobile Payment Technology Market report would be a key aspect in achieving enduring business growth. The insights provided in this Mobile Payment Technology Market market research report are based upon SWOT analysis on which businesses can rely confidently. The analysis and estimations conducted via this report help to get an idea about the product launches, future products, joint ventures, marketing strategy, developments, mergers and acquisitions and effect of the same on sales, marketing, promotions, revenue, import, export, and CAGR values.
The Worlwide Mobile Payment Technology Market was valued at USD 192.07 Billion in 2018 and is projected to reach USD 7781.06 Billion by 2026, growing at a CAGR of 58.85 % from 2019 to 2026.
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Top Companies in the Global Mobile Payment Technology Market
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, Mahindra Comviva, AT &T'S, JIO, Apple Inc., and Google
Mobile payment technology refers to a money transfer for a product or service through a portable electronic device such as a cell phone and tablet. It is used to send money to the shopkeeper, family member, and friends with an application such As Google Pay, Phone Pay, Paytm, PayPal and Venmo. The technology enables a payment information encryption during transmission, the most obvious advantage of mobile payments is the elimination of physical wallet, saves effort to keep the change, is safe from wallet thief. Mobile payments offer additional privacy and security benefits compared to physical cards.
Market Drivers:
o Increase in sales and high growth in the automotive vehicles market is expected to drive the market growth
o Advancements in the market and innovative production methods is expected to drive the market growth
Market Restraints:
o Instability in the technological demands and changes to the applicable market is expected to restrain the market growth
o Volatile raw material prices and lack of raw materials in the developing regions for the market is also expected to restrain the market growth
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Mobile Payment Technology Market, By Payment Mode
o Proximity Payment
o Remote Payment
Mobile Payment Technology Market, By Technology
o NFC
o QR Code
o WAP & Card-Based
o Digital Wallet
o Banking App-based
o SMS-based/DCB
o Others
Mobile Payment Technology Market, By Application
o BFSI
o Retail
o Healthcare
o Entertainment
o IT and Telecom
o Energy & Utilities
o Hospitality & Tourism
o Others
Table of Content
1 Introduction of Mobile Payment Technology Market
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 Executive Summary
3 Research Methodology of Verified Market Research
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 Mobile Payment Technology Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Mobile Payment Technology Market, By Deployment Model
5.1 Overview
6 Mobile Payment Technology Market, By Solution
6.1 Overview
7 Mobile Payment Technology Market, By Vertical
7.1 Overview
8 Mobile Payment Technology Market, By Geography
8.1 Overview
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Rest of the World
8.5.1 Latin America
8.5.2 Middle East
9 Mobile Payment Technology Market Competitive Landscape
9.1 Overview
9.2 Company Market Ranking
9.3 Key Development Strategies
10 Company Profiles
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments
11 Appendix
11.1 Related Research
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Highlights of Report
o Buyers of the report will have access to unique information about top 10 players of the global Mobile Payment Technology Market
o The report informs readers about future products and technologies to be introduced in the global Mobile Payment Technology Market
o Readers are offered with comprehensive analysis on key revenue pockets of the global Mobile Payment Technology Market
o The report provides details about long-term and short-term strategies adopted by major players of the global Mobile Payment Technology Market
o The authors of the report have provided demand and growth trends of the global Mobile Payment Technology Market and also its segments
o In the geographical analysis section, the report discusses about recent market developments in different regions and countries
Contact Us:
Mr. Edwyne Fernandes
Call: +1 (650) 781 4080
Email: sales@verifiedmarketresearch.com
About Us:
Verified Market Research provides customers from various industries and organizations with syndicated and customized research reports with the goal of providing functional expertise. We provide reports for all industries, including energy, technology, manufacturing and construction, chemicals and materials, food and beverage and more. These reports provide an in-depth market study with industry analyses, market values for regions and countries, and industry-relevant Trends.
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