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Mobile Payment Market is expected to expand at a steady rate by 2031

02-02-2023 03:18 AM CET | IT, New Media & Software

Press release from: global insight services

Mobile Payment Market

Mobile Payment Market

Global mobile payment report from Global Insight Services is the single authoritative source of intelligence on mobile payment market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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Market Segmentation
The global Mobile Payment market is segmented on the basis of payment type, transaction mode, end user and region. In terms of payment type, the market is bifurcated into proximity and remote. As per transaction mode, the market is segmented into mobile web payments, near field communication, SMS/direct carrier billing, and others. As per end user, the market is bifurcated into personal and business. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and rest of the world.

Key Players
The key players profiled in the mobile payment market analysis are American express company, Apple Inc., Google, LLC, JPMorgan Chase & Co, Mastercard, One97 Communications Limited, PayPal Holdings, Inc., PayU, Samsung and Visa Inc.

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Key Drivers
The mobile payment market is growing rapidly due to the increasing adoption of smartphones and other mobile devices. The key drivers of this market are the convenience and security of mobile payments, the increasing number of mobile users, and the growing number of merchants accepting mobile payments.

Mobile payments are convenient because they allow users to make payments using their mobile devices without having to carry cash or credit cards. They are also secure because they use strong encryption to protect users' personal and financial information.

The number of mobile users is increasing rapidly due to the increasing adoption of smartphones and other mobile devices. In addition, the number of merchants accepting mobile payments is also growing. This is due to the fact that mobile payments are more convenient for both consumers and merchants.

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Key Trends
The key trends in mobile payment technology are the following:

-The use of mobile devices for financial transactions is increasing at a rapid pace.

-There is a growing number of mobile payment platforms and apps available.

-Contactless payments are becoming more popular.

-The mobile payment industry is highly competitive.

With Global Insight Services, you receive:

10-year forecast to help you make strategic decisions
In-depth segmentation which can be customized as per your requirements
Free consultation with lead analyst of the report
Excel data pack included with all report purchases
Robust and transparent research methodology

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Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust and transparent research methodology, and superior service.

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