Press release
Nigeria Mobile Money Market Size to Grow at a CAGR of 28.75% in the Forecast Period of 2022-2027
Nigeria Mobile Money Market
Is the Nigeria mobile money market good for investment or future trend?
The Nigeria mobile money market is expected to exhibit a CAGR of 28.75% during 2022-2027.
What is the Nigeria mobile money market?
Mobile money is a digital service that enables financial transactions via mobile devices, including smartphones and tablets. It includes several technologies, such as digital wallets, Unstructured Supplementary Service Data (USSD), Near-Field Communication (NFC), etc. These technologies facilitate secured and convenient payment solutions as compared to the traditional cash-based transaction methods. In Nigeria, the rising internet connectivity and the growing adoption of smartphones are currently driving the market for mobile money.
Impact of Covid-19:
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.
Request Free Sample Report: https://www.imarcgroup.com/nigeria-mobile-money-market/requestsample
What is the drivers of change in trends for the fencing equipment market:
The growing need for mobile-based financial services due to the limited access to brick-and-mortar financial institutions, especially across the rural areas of Nigeria, is primarily propelling the demand for mobile money services. Furthermore, the rising consumer awareness towards various advantages of mobile money, such as lower transaction costs, ease of accessibility, 24/7 availability, etc., is also providing a thrust to the market.
Moreover, several financial institutions are also providing loan and insurance policies through mobile money platforms, which is acting as another growth-inducing factor. Besides this, the growing integration of numerous e-commerce platforms with mobile money services for providing discounts, cashback, rewards, etc., during the purchase of goods, travel booking, bill payments, etc., is anticipated to further drive the demand for mobile money in Nigeria over the forecasted period.
Nigeria Mobile Money Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Cellulant Nigeria Limited, Ecobank Nigeria Limited (Ecobank Transnational Incorporated), Funds and Electronic Transfer Solutions Ltd, Fortis Mobile Money Limited, Guaranty Trust Bank Plc, Pagatech Limited, Pocket Moni, ReadyCash, Teasy International Company Limited, and VTNetwork Limited.
The report has segmented the market on the basis on region, product and distribution channel.
Breakup by Product:
Hemp Protein Powder
Hemp Seed Oil
Hemp Seeds
Others
Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Convenience Stores
Online Stores
Others
Breakup by Region:
North America: (United States, Canada)
Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=3545&flag=C
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.
Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Browse related reports:
Energy Efficient Windows Market Research Report 2022: https://www.imarcgroup.com/energy-efficient-windows-market
Fats and Oils Market Research Report 2022: https://www.imarcgroup.com/fats-oils-market
Aseptic Packaging Market Research Report 2022: https://www.imarcgroup.com/aseptic-packaging-market
Millimeter Wave Technology Market Research Report 2022: https://www.imarcgroup.com/millimeter-wave-technology-market
Automotive Thermal System Market Research Report 2022: https://www.imarcgroup.com/automotive-thermal-system-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.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Nigeria Mobile Money Market Size to Grow at a CAGR of 28.75% in the Forecast Period of 2022-2027 here
News-ID: 2813872 • Views: …
More Releases from IMARC Group
IT Outsourcing Market Size, Share, Trends And Growth Report 2025-2033
Overview IT Outsourcing Market:
The IT Outsourcing Market is rapidly evolving, driven by the need for cost efficiency and access to specialized skills. Companies increasingly outsource IT functions such as application development, infrastructure management, and business process outsourcing to third-party vendors. This trend allows organizations to focus on core competencies while leveraging advanced technologies. Key regions include North America, Europe, and Asia-Pacific, with North America leading due to its robust IT…
Urban EV Shift Drives India Electric Scooter Market to USD 3.0 Billion by 2033, …
India Electric Scooter Market 2025-2033
According to IMARC Group's report titled "India Electric Scooter Market Size, Share, Trends and Forecast by Drive, Battery, Product, Battery Fitting, End Use, and Region, 2025-2033", The report offers a comprehensive analysis of the industry, including India electric scooter market growth, share, trends, and regional insights.
How Big is the India Electric Scooter Industry?
The India electric scooter market size was valued USD 1.3 Billion in 2024. By…
Rising Cyber Threats Push India Cyber Insurance Market to USD 6,907.8 Million by …
India Cyber Insurance Market 2025-2033
According to IMARC Group's report titled "India Cyber Insurance Market Size, Share, Trends and Forecast by Component, Insurance Type, Organization Size, End Use Industry, and Region, 2025-2033", The report offers a comprehensive analysis of the industry, including India cyber insurance market forecast, share, growth and regional insights.
Market Size & Future Growth Potential:
The cyber insurance market in india was valued USD 582.2 Million in 2024. By 2033,…
Human Resource (HR) Technology Market Size, Share, Trends and Forecast 2025-2033
Human Resource Technology Market Overview:
The human resource (HR) technology market is witnessing significant growth, driven by increasing digital transformation across organizations and the rising need for automation in workforce management. HR technology solutions, including talent acquisition platforms, payroll systems, performance management software, employee engagement tools, and learning & development platforms, are becoming integral to modern businesses. Cloud adoption, AI-powered analytics, and the shift toward remote and hybrid work models have…
More Releases for Nigeria
Nigeria Food and Drink Market Rewriting Long Term Growth Story: Cadbury Nigeria, …
According to HTF Market Intelligence, the Nigeria Food and Drink market to witness a CAGR of 11.41% during the forecast period (2024-2030).The Latest published a market study on Global Nigeria Food and Drink Market provides an overview of the current market dynamics in the Global Nigeria Food and Drink space, as well as what our survey respondents- all outsourcing decision-makers- predict the market will look like in 2030. The study…
HLKS Cargo Nigeria is The Best Cargo Service from Nigeria to London
HLKS Cargo Nigeria is committed to providing you with the most reliable, secure, and cost-effective delivery of your goods. Our highly trained and experienced staff will ensure that your Cargo to Nigeria is shipped safely and securely. From the moment your Cargo leaves our warehouse in Lagos, we will take care of all aspects of the journey until it reaches its destination in London or any other country.
HLKS Cargo Nigeria…
Nigeria Diesel Genset Market
Nigeria Diesel Genset market is expected to witness modest growth owing to the expansion of telecom infrastructure, the establishment of new industries, and poor grid infrastructure of the country. Growing investment in the non-oil sector of the country is anticipated to support the economic growth in the region over the coming years which would foster the demand for diesel gensets during 2018-24. Additionally, the growing number of manufacturing units in…
Nigeria Agriculture Market, Nigeria Agriculture Industry, Nigeria Agriculture Li …
Nigeria Agriculture could be a branch of the economy in Nigeria, providing employment for approximately 35% of the population. It’s the most supply of livelihood for many Nigerians. The Agricultural sector is formed from four sub-sectors: Crop Production, Livestock, Forestry and Fishing. The country could be a leader in varied forms of agricultural production, like palm oil, cocoa beans, pineapple, and sorghum. It’s the biggest producer of sorghum within the world…
Promotion - Webcore Nigeria
Webcore Nigeria is passionate about using the power of the Internet to grow any business.
Webcore Nigeria can assist you by doing all the social media promotion on your behalf. Choose and order the service you need.
Webcore Nigeria provide fast delivery time, so with just a few clicks you will be able to start receiving online promotions.
Facts about Webcore Nigeria:
Nigerian owned and operated
…
SOCIAL MEDIA MARKETING IN NIGERIA BY WEBCORE NIGERIA
Webcore Nigeria social media marketing.
Webcore Nigeria is a leading digital marketing agency in Nigeria that operates using e-commerce.
Webcore Nigeria supports brands with different aspects of their social media marketing strategy by organizing paid social advertising, influencer marketing, publish press releases, social media page verification and more.
Webcore Nigeria is a full-service digital marketing organization. Webcore has been providing a wide variety of services to clients of all industries since 2016. Webcore…
