openPR Logo
Press release

Mobile Payment Transaction Service Market Drivers, End User,Top Key Players, Challenges by 2033

02-17-2023 07:34 AM CET | IT, New Media & Software

Press release from: Persistence Market Research

Mobile Payment Transaction Service Market Drivers, End

By the end of 2033, it is anticipated that the Mobile Payment Transactions Market would have increased to US$ 736.79 Billion from its 2022 valuation of US$ 43.31 Billion. In 2023, it is predicted that the market for mobile payment transactions will be worth US$55.39 Billion. From 2023 to 2033, the market for mobile payment transactions is anticipated to expand at a CAGR of 29.5%.

Request the sample copy of report @ https://www.persistencemarketresearch.com/samples/12937

The mobile payment transaction market has seen significant growth in recent years, as consumers continue to shift away from traditional payment methods and towards digital alternatives. This growth has been driven by several factors, including the increasing popularity of smartphones, the widespread availability of mobile internet connectivity, and the increasing convenience of mobile payments. Today, consumers can use their smartphones to make purchases at brick-and-mortar stores, as well as to buy products and services online.

One of the key trends in the mobile payment transaction market is the growing adoption of contactless payments. This type of payment involves tapping a smartphone or other mobile device against a terminal, rather than inserting a card or entering a PIN. Contactless payments are seen as more convenient and secure than traditional payment methods, and they are becoming increasingly popular around the world. Major technology companies, such as Apple, Google, and Samsung, have all developed their own contactless payment platforms, and many banks and financial institutions are now offering mobile payment services as well.

Another trend in the mobile payment transaction market is the increasing use of mobile wallets. A mobile wallet is a digital version of a traditional wallet, and it allows users to store their payment card information, as well as other information, such as loyalty cards and coupons, in one place. Mobile wallets are growing in popularity because they offer a more convenient and secure way to make payments, and they can also be used to manage a user's finances and keep track of their spending. In addition, many mobile wallets are now being integrated with other services, such as ride-hailing apps, to create an all-in-one solution for consumers.

For In-Depth Competitive Analysis, Buy Now @ 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

Request For Report Customization @ https://www.persistencemarketresearch.com/request-customization/12937

Key Segments of Mobile Payment Transaction Market Industry Research

By Technology:

• SMS
• WAP/ WEB
• USSD
• NFC

By Purpose:

• Merchandise
• Money Transfer
• Bill Payment
• Ticketing
• Other

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia Pacific
• Middle East and Africa

Trending Reports -

Web Content Management Market - https://www.persistencemarketresearch.com/market-research/web-content-management-market.asp

Enterprise Information Management Solution Market - https://www.persistencemarketresearch.com/market-research/enterprise-information-management-solution-market.asp

Mental Health Software Market - https://www.persistencemarketresearch.com/market-research/mental-health-software-market-102017.asp

Interactive And Self Service Kiosk Market - https://www.persistencemarketresearch.com/market-research/interactive-and-self-service-kiosk-market.asp

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 Drivers, End User,Top Key Players, Challenges by 2033 here

News-ID: 2935099 • Views:

More Releases from Persistence Market Research

Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by Sustainability and Supply Chain Efficiency
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Growth - Persistence Market Research
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Healthcare Demand
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained

All 5 Releases


More Releases for Mobile

Global Mobile Wallet Market, Global Mobile Wallet Industry, Market Revenue, Mark …
The digital wallet is the engine of mobile commerce and also agreements an evolutionary path to decrease the friction in the transaction and optimize consumer satisfaction. The users are interested towards gorgeous cash backs and loyalty coupons suggested by dissimilar mobile wallet corporates. The mobile wallet market in the report denotes to payment services functioned under financial regulation and functioned through a mobile device instead of paying with cheques, cash, or credit cards.
Asia - Mobile Infrastructure and Mobile Broadband
Bharat Book Bureau Provides the Trending Market Research Report on "Asia - Mobile Infrastructure and Mobile Broadband" under Telecom category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports. Executive Summary Leading Asian nations prepare for 5G rollouts Asia’s mobile subscriber market is now witnessing moderate growth in a fast maturing market. Whilst there are still developing markets continuing to grow their mobile subscriber base at
Mobile Virtual Network Operator (MVNO) Market Analysis by Top Key Players Tracfo …
The mobile virtual network operator (MVNO) is also referred to as the mobile other licensed operator (MOLO), or the virtual network operator (VNO), is the remote service of communication which does not claim the remote network infrastructure on which it gives the customer the services. Get Sample Copy of this Report @ https://www.bigmarketresearch.com/request-sample/2835705?utm_source=RK&utm_medium=OPR The MVNO goes into the business agreement with the mobile network operator for acquiring more access to
Mobile Virtual Network Operator (MVNO) Market Comprehensive Study 2018: Boost Mo …
Global Mobile Virtual Network Operator (MVNO) market report provides a thorough synopsis on the study for market and how it is changing the industry. The data and the information regarding the industry are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the market experts. Mobile Virtual Network Operator (MVNO) Market report includes historic data, present market trends,
Asia - Mobile Infrastructure And Mobile Broadband
Asian mobile broadband market continues to grow strongly With 3.9 billion mobile subscribers and over 50% of the mobile subscribers in the world, spread across a diverse range of markets, the region is already rapidly advancing in the adoption of mobile broadband services. Mobile broadband as a proportion of the total Asian mobile broadband subscriber base, has increased from 2% in 2008 to 18% in 2013, 27% in 2014, 33% in
Mobile Money Market Trends, Public Demand and Worldwide Strategy - Mobile Commer …
The mobile money market report provides an analysis of the global mobile money market for the period 2014 – 2024, wherein 2015 is the base year and the period from 2016 to 2024 is the forecast period. Data for 2014 has been included as historical information. The report covers all the prevalent trends playing a major role in the growth of the mobile money market over the forecast period. It