Press release
Mobile Wallet Market Review and Forecast to 2025 - JP Morgan Chase, PayPal, Visa, Well Fargo, First Data, Samsung, Amazon, Tencent, Skrill, American Express, Vodafone, Ant Financial
Mobile Wallet Market
Across the Asia Pacific, where the penetration of smartphones is supposedly the highest, consistent efforts taken by the regional governments towards realizing the goal of being cashless have benefited the mobile wallet market in a profound manner. The dense concentration of smartphone users and the government efforts toward establishing a cashless economy is so extensive that in 2017, APAC was known to have captured a sizable proportion of the global mobile wallet industry share.
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The mobile banking sector in Europe has been evolving at a commendable pace over the previous five years. This trend could be attributed to the increasing prominence of a plethora of international as well as domestic entities competing with each other through their mobile wallet services in an attempt to capture a profitable chunk of the global industry. Moreover, the collaborative efforts of the region’s technology-oriented enterprises and the banking establishments have also been acknowledged as a factor that is responsible for expediting the Europe mobile wallet market size.
Meanwhile, the European Commission has been working diligently to develop an integrated & efficient payment services market across the European Union. The EU has adopted a new payment services directive in January 2018 to make internet payment services safer & easier to use and also to promote innovative internet & mobile payment services that would prove extremely beneficial for the Europe mobile wallet industry. Owing to these conducive factors, the Europe mobile wallet market share is slated to grow at an impressive CAGR of more than 17% over 2019-2025.
With similar investment trends set to materialize in the ensuing years, reports claim the global mobile wallet market size from banks to register a CAGR of 15% over 2019-2025. Other leading names in the global mobile wallet industry include PayPal, Samsung, JP Morgan Chase, One97 Communications Limited, Visa, First Data, Well Fargo, and Mastercard.
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Glimpse of Table of Content (ToC): -
Chapter 5. Global Mobile Wallet Market, By Type
5.1. Key trends, by type
5.2. Open
5.2.1. Market estimates and forecast, 2014-2025
5.3. Semi-closed
5.3.1. Market estimates and forecast, 2014-2025
5.4. Closed
5.4.1. Market estimates and forecast, 2014-2025
Chapter 6. Global Mobile Wallet Market, By Ownership
6.1. Key trends, by ownership
6.2. Banks
6.2.1. Market estimates and forecast, 2014-2025
6.3. Telco’s
6.3.1. Market estimates and forecast, 2014-2025
6.4. Device
6.4.1. Market estimates and forecast, 2014-2025
6.5. Tech companies
6.5.1. Market estimates and forecast, 2014-2025
Chapter 7. Global Mobile Wallet Industry, By Technology
7.1. Key trends, by technology
7.2. Near Field Communication (NFC)
7.2.1. Market estimates and forecast, 2014-2025
7.3. Optical/QR code
7.3.1. Market estimates and forecast, 2014-2025
7.4. Digital only
7.4.1. Market estimates and forecast, 2014-2025
7.5. Text-based
7.5.1. Market estimates and forecast, 2014-2025
Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/mobile-wallet-market
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