Press release
Mobile Wallet Market is expected to grow USD 268452.24 Millions by the end of 2025 - Valuates Reports
"Increasing penetration of smartphones and adoption of smart devices and digital payment options is one of the factors largely attributing to the growth of the Global Mobile Wallet Market "
View Full Report: https://reports.valuates.com/market-reports/360I-Auto-0S46/global-mobile-wallet
The factors attributing to the growth of the market are Increasing availability of net banking and online financial services, E-commerce and online purchasing fuelling the demand, and Increasing penetration of smartphones and adoption of smart devices and digital payment options. However, some factors such as Competition with credit and debit card may hinder the market growth.
The Global Mobile Wallet Market is expected to showcase the opportunities such as Unique identification and authentication for multiple wallets, Mobile wallets promoting offers on the transaction, and Consolidation in the industry. In the near future market may face the possible challenges in the growth due to Issues with compatibility and Security concerns with regard to online banking credentials. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the Global Mobile Wallet Market.
On the basis of Mode of Payment, the Global Mobile Wallet Market is studied across
NFC Payment
Remote Payment
On the basis of Stakeholders, the Global Mobile Wallet Market is studied across
Content and Applications Aggregators
Handset and Other Hardware Solution Manufacturers
Mobile Network Operators
OSS/BSS Solution Providers
Software Developers
Cloud Computing
On the basis of Application, the Global Mobile Wallet Market is studied across
Mobile Commerce
Mobile Coupons
Mobile Ticketing
Mobile Transfers
Micropayments
"Mastercard Incorporated the potential growing player for the Global Mobile Wallet Market"
The key players profiled in the Global Mobile Wallet Market are Mastercard Incorporated, Google LLC, Samsung Group, First Data Corporation, AT&T Inc., Tencent Holdings Limited, One97 Communications Limited, PayPal Holdings, Inc, Apple Inc., Ant Financial Services Group, JPMorgan Chase & Co., Amazon.com, Inc., Sprint Corporation, Visa Inc., and American Express Company.
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