Press release
Mobile Money Market 2020 Global Trend & Forecast to 2025 | Vodafone, Google, Orange, FIS, Paypal, Mastercard, Fiserve, Airtel, Gemalto, Alipay, MTN, PAYTM, Samsung, VISA, Tencent
The global mobile money market size is anticipated to reach at USD 26 billion by 2025. Mobile money is an innovative payment method that integrates financial services via mobile phones. A research report on global mobile money market provides a comprehensive analysis about the market players, market revenue, and segmentation, and market players. Likewise, the research report also briefly studies competitive developments including agreements expansion, agreements, new product launches, and partnership in the market.Get Research Insights @ https://www.adroitmarketresearch.com/contacts/request-sample/1272
The global market research report also delivers market data, exclusive statistics, competitive analysis, and market trends. In addition, the global mobile money market report also sheds light on the leading industry vendors of market providing information such as product price, product specification, company portfolio, product picture, revenue, capacity, and contact information.
The growing adoption of cashless transactions, huge usage of mobile devices among consumers as well as technological advancements, significant requirement to have wide and far access to various financial solutions are some of the major factors boosting the growth of the global mobile money market over the forecast period. On the other hand, lack of knowledge regarding the advantages related to solutions is the main factor that is expected to hamper the growth of the global mobile money market into the coming years. In addition, populations in the developing regions are getting more adaptive to the technologically advanced solutions. Thus, the adoption of smart devices is also getting traction in emerging countries with improved communication services.
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Likewise, the rising population with the low-income group in the developing regions makes transactions utilizing an informal mode of networks that are prone to theft and have huge transaction costs. This is the type of innovative payment which is bridging the gap by offering financial solutions by mobile devices, providing from simple transfers to composite banking transactions. Thus, mobile money is a secure, easy, fast, and affordable option of transferring money, making a safe payment, and other transactions through mobile phones.
The global mobile money market is basically classified into transaction mode, application, nature of payment, and regional landscape. In terms of transaction mode, this industry is divided into QR codes, Mobile apps, mobile banking, Point of Sale, direct carrier billing, internal payment, and others. On considering the nature of payment, this market is divided into person to business, person to person, business to business, and business to person. On considering the application, the global mobile money market is divided into retail, BFSI,IT & Telecommunication, travel & logistics, energy & utility, healthcare, government offices and education. In terms of regional overview, the market is segregated into Europe, North America, Asia Pacific, and the Middle East and Africa.
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The major players of the global mobile money market are Vodafone, Google, Orange, FIS, Paypal, Mastercard, Fiserve, Airtel, Gemalto, Alipay, MTN, PAYTM, Samsung, VISA, Tencent, and more. The mobile money market is fragmented with the existence of well-known global and domestic players across the globe.
Segment Overview of Global Mobile Money Market
Transaction Mode Overview, 2018-2025 (USD Billion)
Mobile Apps
Point Of Sale
QR Codes
Mobile Banking
Internal Payments
Direct Carrier Billing
SMS and STK/USSD Payments
Nature of Payment Overview, 2018-2025 (USD Billion)
Person-To-Person
Person--To-Business
Business-To-Person
Business-To-Business
Application Overview, 2018-2025 (USD Billion)
BFSI
Travel & Logistics
Retail
IT & Telecommunication
Energy & Utility
Government Offices & Education
Healthcare
Others
Regional Overview, 2018-2025 (USD Billion)
North America
U.S.
Canada
Europe
UK
Germany
France
Rest of Europe
Asia Pacific
China
Japan
India
Rest of Asia-Pacific
Middle East and Africa
UAE
South Africa
Rest of Middle East and Africa
South America
Brazil
Rest of South America
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What does the report include?
The study on the global mobile money market includes qualitative factors such as drivers, restraints, and opportunities
The study covers the competitive landscape of existing/prospective players in the mobile money industry and their strategic initiatives for the product development
The study covers a qualitative and quantitative analysis of the market segmented based on transaction mode, nature of payment, and application. Moreover, the study provides similar information for the key geographies.
Actual market sizes and forecasts have been provided for all the above-mentioned segments.
Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market's size, key trends, participants and future outlook of an industry. We intend to become our clients' knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code- Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps
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