Press release
Mobile Payment Market Report, Size and Forecast 2022-2027
The IMARC Group provides extensive analysis of the mobile payment industry covering the market trends, investment opportunities, growth trends, statistics, and industry prospects. The report offers a comprehensive analysis of the industry, which comprises insights on mobile payment market report, size, share, trends, analysis, growth, demand, statistics, and overview. The report also includes competitor and regional analysis, and contemporary advancements in the global market.Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. The market is segmented by size and region. The report provides an analysis of the key trends in each sub-segment of the market, along with forecasts at the global and regional level from 2022-2027. The report also includes competitive landscape of major key players in the industry along with emerging trends in the market.
Informed covered in the report:
Historical market data from 2016-2021
CAGR of the market during the forecast period 2022-2027
Detailed information on factors that will drive market growth during the next five years
Precise estimation of the Keyword market size and its contribution to the parent market
Upcoming market trends and changes in consumer behavior
A thorough analysis of the market's competitive landscape and detailed information on key players
Comprehensive details of factors that will challenge the growth of smart meters market key players
Request for a PDF sample of this report: https://www.imarcgroup.com/mobile-payment-market/requestsample
The global mobile payment market reached a value of US$ 1,786 Billion in 2021. Mobile payment is an e-payment method that involves the use of mobile devices for authorizing, initiating and confirming monetary transactions. These payments are facilitated by mobile applications that are directly linked to the financial credentials of individuals. The use of these solutions ensures enhanced safety while making a payment due to the improved data security offered by these e-payment solutions. Consequently, it finds extensive applications across the retail, food, e-commerce and entertainment sectors.
Mobile Payment Market Trends:
The mobile payment market is majorly driven by the widespread penetration of smartphones and continual improvements in the network infrastructure. This has contributed to the escalating requirement for mobile-based payments among individuals. Additionally, the increasing awareness regarding the improved safety of these transactions and the rising integration of mobile payment services with two-factor authentication are also creating a positive outlook for the market. Some of the other factors contributing to the market growth include the widespread preference for contactless payment methods among the masses and the numerous initiatives undertaken by governing bodies to promote digital payments. Looking forward, IMARC Group expects the global mobile payment market to reach US$ 6,007 Billion by 2027, exhibiting at a CAGR of 22.13% during 2022-2027.
Checkout Now: https://www.imarcgroup.com/checkout?id=1106&method=1
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
FIS
Gemalto
MasterCard
PayPal
Alipay
Visa
Apple
Samsung Electronics
Bharti Airtel
American Express
Bank of America
Citrus Payment Solutions
LevelUp
MobiKwik
One97 Communication
Orange
Oxigen
Square
Venmo
ZipCash Card Services
Market Segmentation:
Breakup by Mode of Transaction:
WAP (Wireless Application Protocol)
NFC (Near field communications)
SMS (Short Message Service)
USSD (Unstructured Supplementary Service Data)
Others
Breakup by Application:
Entertainment
Energy and Utilities
Healthcare
Retail
Hospitality and Transportation
Others
Breakup by Region:
Asia Pacific
North America
Europe
Middle East and Africa
Latin America
Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/mobile-payment-market
Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Related Reports by IMARC Group:
Forensic Technologies Market: https://www.imarcgroup.com/forensic-technologies-market
Cloud Professional Services Market: https://www.imarcgroup.com/cloud-professional-services-market
Man-portable Communication Market: https://www.imarcgroup.com/man-portable-communication-market
Digital Ooh Market: https://www.imarcgroup.com/digital-ooh-market
Smart Cities Market: https://www.imarcgroup.com/smart-city-market
Contact Us:
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas: - +1 631 791 1145 | Africa and Europe: - +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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