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Global Mobile Money Market Report 2023 Future Scope, Development Strategy, Risk Analysis And Industry Outlook Till 2032 | Top Key Players Are Vodafone, Google, Orange, Fidelity National Information Services, Paypal
Mobile Money Market
Mobile Money Market Size, Growth Rate, And Forecast:
The global mobile money market size grew from $8.86 billion in 2022 to $11.16 billion in 2023 at a compound annual growth rate (CAGR) of 25.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The mobile money market size is expected to grow to $28.67 billion in 2027 at a CAGR of 26.6%.
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Mobile Money Market Drivers:
The increasing adoption of mobile POS (point of sale) is driving the growth of the mobile money market. The increased expectation for quick fulfillment and the growing popularity of the digital marketplace coupled with the need for improving customer experience, ease of use, and payment efficiency has led to the increased adoption of mobile POS. This increasing adoption of mobile POS will result in significant demand for mobile money as it is a convenient and efficient solution for point of sales.
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Mobile Money Market Segments:
By Transaction Type: Person to Person (P2P), Person to Business (P2B), Business to Person (B2P), Business to Business (B2B)
By Payment: Remote Payments, Proximity Payments
By Application: Bill Payments, Money transfers, Recharge & Top-up, Ticket Payment, Other Applications
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Mobile Money Market.
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Mobile Money Market Key Players
Major competitors in the mobile money market include Vodafone, Google, Orange, Fidelity National Information Services, Paypal, Mastercard, Fiserv, Airtel.
The Business Research Company's "Global Mobile Money Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Mobile Money Market Include:
1. Executive Summary
2. Mobile Money Market Characteristics
3. Mobile Money Market Trends And Strategies
4. Mobile Money Market - Macro Economic Scenario
5. Mobile Money Market Size And Growth
……
26. Africa Mobile Money Market
27. Mobile Money Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Mobile Money Market
29. Mobile Money Market Future Outlook and Potential Analysis
30. Appendix
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