Press release
Mobile Payment Transaction Service Market In-Depth Analysis and Forecast - 2032
Persistence Market Research presents a revised forecast for the global mobile payment transaction service market titled "Mobile Payment Transaction Service Market: Global Industry Analysis 2012 - 2016 and Forecast 2017 - 2025." According to this report, the global Mobile Payment Transaction Service market was valued at US$ 768.8 Bn in 2016, and is expected to register a CAGR of 19.2% from 2017 to 2025. Increasing adoption of mobile money services across financial institutions and other vendors globally is the major factor driving revenue growth of the global Mobile Payment Transaction Service market.The mobile payment transaction service is an integrated system linked by various components of the value chain which typically includes the merchant, the consumer, the financial institution involved and not to forget the payment gateway and the telecom network. The Global Mobile Payment Transaction Service market is categorized on the basis technology, purpose and region. On the basis of technology, the market is segmented as WAP/WEB, SMS, NFC, and USSD. The NFC sub segment is anticipated to register a CAGR of 24.2% during the forecast period.
Request the sample copy of report @ https://www.persistencemarketresearch.com/samples/12937
On the basis of purpose segment, the market is segmented into Air time top ups, Bill Payment, Merchandise Purchase, Money Transfer, Ticketing, and Others. The Money Transfer segment accounted for a market share of 25.7% in 2016. Moreover, increasing adoption of mobile money services across financial institutions and other vendors globally is likely to contribute primarily to the growth of the segment in the global market in the coming years.
This report also covers drivers, restraints and trends driving each segment and offers analysis and insights regarding the potential of the global Mobile Payment Transaction Service market in regions including North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. Among these regions, Asia Pacific accounted for the largest market share in 2016 owing to a growing need of Mobile Payment Transaction Service due to increase in internet penetration in different countries in the region. Also, demand for Mobile Payment Transaction Service is increasing in the leading markets of North America and Europe.
Buy Full Report Now and Get Up to 20% Discount @ https://www.persistencemarketresearch.com/checkout/12937
Key Players
Key competitors featured in the global Mobile Payment Transaction Service market report include:
• Paypal
• MasterCard
• Google Wallet
• LevelUp
• Braintree
• Visa
• MoneyBookers
• WorldPay
• CLINKLE
• SinglePoint
• Venmo
• Others
Request For Report Customization @ https://www.persistencemarketresearch.com/request-customization/12937
About us:
Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.
Contact us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
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 Mobile Payment Transaction Service Market In-Depth Analysis and Forecast - 2032 here
News-ID: 2861461 • Views: …
More Releases from Persistence Market Research

North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
Overview of the North America Wiring Devices Market
The North America wiring devices market is poised for steady growth over the forecast period, with its size estimated at US$ 18.96 billion in 2024, projected to reach US$ 26.46 billion by 2031, reflecting a CAGR of 4.9%. The market is witnessing substantial expansion due to increasing urbanization, a rising number of residential and commercial construction projects, and the adoption of energy-efficient and…

Global Forged Automotive Components Market Poised for Steady Growth, Projected t …
The global forged automotive components market is on a robust growth trajectory, currently valued at approximately US$ 50.3 billion in 2025 and forecasted to expand to US$ 70.7 billion by the end of 2032. This growth represents a compound annual growth rate (CAGR) of 5.0% over the coming decade, driven by increasing automotive production, technological advancements, and evolving consumer preferences toward durable, high-performance vehicle parts.
Forged automotive components are critical to…

Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ …
The global electric cargo bike market is set to experience substantial growth over the coming decade, with Persistence Market Research (PMR) forecasting a compound annual growth rate (CAGR) of 11.9% from 2023 through 2032. Valued at approximately US$ 800 million in 2021, the market is expected to surge to a projected valuation of US$ 2.14 billion by the end of 2032. Notably, electric cargo bikes accounted for 66.2% of the…

Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Drive …
The global bicycle bearings market is poised for significant expansion over the forecast period of 2025 to 2032, according to the latest report released by Persistence Market Research. Valued at approximately US$ 5.99 billion in 2024, the market is projected to reach US$ 6.35 billion by 2025 and further escalate to nearly US$ 9.86 billion by 2032. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.5%, underscoring…
More Releases for Payment
Evolving Market Trends In The Bitcoin Payment Ecosystem Industry: NFC-Enabled Cr …
The Bitcoin Payment Ecosystem Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Bitcoin Payment Ecosystem Market Size During the Forecast Period?
The market size of the Bitcoin payment ecosystem has seen swift acceleration in the past few years. Its growth is projected…
Payment Security Market : Increased Adoption of Digital Payment Modes Leading pl …
According to a recent report published by Allied Market Research, titled, "Payment Security Market by Component, Platform, Enterprise Size and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2021-2030," the global payment security market size was valued at $17.64 billion in 2020, and is projected to reach $60.56 billion by 2030, growing at a CAGR of 13.2% from 2021 to 2030.
Download Free PDF Report Sample :
https://www.alliedmarketresearch.com/request-sample/10390
Payment security software is used…
Hosted Payment Gateway Segment dominates Payment Gateway Market - TechSci Resear …
Government initiatives towards digitization and surging popularity of digital payment to drive global payment gateway market through 2024
According to TechSci Research report, “Global Payment Gateway Market By Type, By Enterprise Size, By End-User, By Region, Competition, Forecast & Opportunities, 2024”, global payment gateway market is projected to grow at a CAGR of over 8% during 2019-2024, on account of increasing internet penetration, which is aiding growing demand for online transactions.…
Digital Payment Market by Component (Solutions (Payment Processing, Payment Gate …
Magarpatta SEZ, Pune, “ReportsnReports”, one of the world’s prominent market research firms has released a new report on Global Digital Payment Market. The report contains crucial insights on the market which will support the clients to make the right business decisions. This research will help both existing and new aspirants for Digital Payment Market to figure out and study market needs, market size, and competition. The report talks about the…
Digital Payment Market by Payment Gateway Solutions, Payment Wallet Solutions, P …
Digital Payment Market 2019-2025: In 2018, the global Digital Payment market size was xx million US$ and it is projected to surpass xx million US$ by the end of 2025, growing at a CAGR of 18.1% during 2019-2025.
Things Covered in Sample Report
> Deep Dive Strategy & Competition
> Deep Dive Data & Forecasting
> Executive Summary & Core Findings
Get a Quick Sample report at https://decisionmarketreports.com/request-sample?productID=1008739
The key players covered in…
Online Payment Gateway Market Analysis By 2028 | Amazon.com, Avenues India Pvt. …
Future Market Insights (FMI) has recently published a new research report on the online payment gateway market titled “Online Payment Gateway Market: Global Industry Analysis (2013-2017) and Opportunity Assessment (2018-2028).” The report states that the growing prevalence of third party payment processes is expected to have a positive impact on the growth of the global market. Websites have always been a good source for channel merchants for generating revenue. Concentrating…