Press release
Global Mobile Payment Market Projected to Reach Approximately USD 5389.3 billion by 2026 Grow at a CAGR of 29.9% During Estimated Period 2019 to 2026 With Top Companies Google Inc. (U.S.), Apple Inc. (U.S.), Samsung Pay, Alipay.com (China)
Mobile Payment Market
Asia-Pacific is expected to witness significant growth in the mobile payment market, owing to the rising adoption of innovative and advanced technologies in the region.
Additionally, increasing digitization and smartphone penetration in the region are also expected to impel market growth. The region’s growing population, with a subsequent increase in transaction count, is also expected to boost the mobile payment market.
Global Mobile Payment Market 2021 debates the report moreover centers around global giant manufacturers of the Mobile Payment with dynamic information like company profiles, market segmentation statistics, demanding situations and limitations, industry value, cost, sales, income, and much more information. This study provides key facts at the state of the industry and is a valuable supply of steerage and path for organizations and people inquisitive regards the market.
The objective of the study is to outline market sizes of various segments and nations in previous years and to estimate the values for the next five years. The report is Intended to offers the most segmented consumption and sales data of diverse types of Mobile Payment, downstream consumption fields, and competitive landscape in numerous regions and countries around the globe, this report studies the latest market data from the primary and secondary imposing sources.
The mobile payment market is expected to grow at a CAGR of 29.9% during the forecast period, 2019–2026.
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Mobile Payment Market, By Company
Google Inc. (U.S.), Apple Inc. (U.S.), Samsung Pay, Alipay.com (China), PayPal Pte. Ltd. (U.S), MasterCard (U.S.), Visa (U.S.), Square Inc. (U.S.), and Paytm (India).
The report also offered market size (value and volume). Furthermore, the report also provides detailed information regards crucial aspects like drivers and restraining factors, which will describe the future growth of the Mobile Payment market.
The Mobile Payment Market Has Been Segmented as Below:
By Mode of Transaction: NFC , SMS , Direct Transfer , WAP , Others
By Application: Business Users , Personal Users ,
By Method: Point of Sale (PoS) Payment , Remote Payment
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Market Study and Insights: Global Mobile Payment Market
Since the worldwide COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the world with the WHO (World Health Organization) stating it a public health emergency. The global effects of the coronavirus disease 2019 (COVID-19) are already preliminary to be felt, and will expressively affect the Mobile Payment market in 2021.
COVID-19 can disturb the global economy in three major ways: by directly affecting production and demand, by generating supply chain and market disruption, and by its financial influence on companies and financial markets.
The outbreak of COVID-19 has transported effects on various aspects such as flight cancellations; travel bans, and quarantines; restaurants closed; all indoor events constrained; over forty countries state of emergency declared; huge slowing of the supply chain; stock market instability; falling business confidence, rising panic among the population, and uncertainty regards future.
Mobile Payment Market Report Highlights:
• Comprehensive summary of parent market & supernumerary market
• Shifting market dynamics in the industry (like COVID & Economic Impact Analysis)
• In-depth market segmentation (Trends, Drivers, Restraints, Growth with Historical & Forecast Analysis)
• Recent industry updates and growth activity
• Competitive landscape (Emerging Vendors & Market Share Analysis for Major Players along with complete Profiles)
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Geographically, this report is segmented into various key regions, with industry sales, revenue, global market shares, and growth rate of Mobile Payment in these regions, from 2017 to 2029, covering
North America (the United States, Canada, and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia, and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What does the Mobile Payment Market Report Offer?
The market report provides qualitative and quantitative visions on the industry and an in-depth analysis of the size & growth rate for all segments impacting the market growth. Also, the report offers an insightful study of market dynamics, opportunities, evolving trends, and competitive landscape. The valuable insights obtainable are based on the latest trends, latest industry developments like mergers & acquisitions, partnerships, and others by adopting various research methodologies that will affect the development of the now and future market growth during the estimated period.
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Impact of Covid-19 On Mobile Payment Market 2021 | Rising Demand for Faster Payments Between Customers and Businesses is Anticipated to Bring in Opportunities for the Market in North America
https://www.openpr.com/news/2386630/impact-of-covid-19-on-mobile-payment-market-2021-rising-demand
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Mobile Payment Market may see a big Move: Apple Pay, Samsung Pay, Amazon Pay
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