Global M Commerce Payment Market Growth Prospects, Future Industry Landscape 2032 | ACI Worldwide, Inc., Alphabet Inc., BHIM UPI, Fidelity National Information Services, Fiserv, Inc

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's M Commerce Payment Global Market Report 2023 identifies the increasing mobile and internet penetration is expected to propel the growth of the m-commerce payment market. M-commerce payment is the use of wireless handheld devices like mobile phones and tablets to conduct commercial transactions online, including the purchase and sale of products, online banking, and paying bills. The increasing internet access and penetration allow more people to access m-commerce services, driving the market.

The global m-commerce payment market size grew from $7.26 billion in 2022 to $10.05 billion in 2023 at a compound annual growth rate (CAGR) of 38.4%. 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 m-commerce payment market size is expected to grow to $38.62 billion in 2027 at a CAGR of 40.0%.

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Major players in the m-commerce payment market are ACI Worldwide, Inc., Alphabet Inc., BHIM UPI, Fidelity National Information Services, Fiserv, Inc., Freecharge, Google Pay, Mastercard, MobiKwik, Orange S.A, PayPal Holdings, PayUMoney, Samsung, Square, Inc., Visa, Inc., Alipay, American Express, Apple Inc., China UnionPay, DH Corporation, Discover, Ingenico, Jack Henry & Associates Inc., and Tenpay.

A key trend in the M Commerce Payment market includes the use of digital wallets is a key trend gaining popularity in the m-commerce payment market. Digital wallets are a software-based system that securely stores users' payment information and passwords for numerous payment methods and websites. By using a digital wallet, users can complete purchases easily and quickly.

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The M Commerce Payment market is segmented -
1) By Payment Method: Near Field Communication, Premium SMS, Wireless Application Protocol, Direct Carrier Billing
2) By Mode of Transaction: Mobile Retailing, Mobile Booking or Ticketing, Mobile Banking, Mobile Billing
3) By End-use Industry: Retail, Hospitality And Tourism, IT And Telecommunication, BFSI, Media And Entertainment, Healthcare, Airline

By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the M Commerce Payment market.

The Business Research Company's "Global M Commerce Payment Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The M Commerce Payment Market Include:
1. Executive Summary
2. M Commerce Payment Market Characteristics
3. M Commerce Payment Market Trends And Strategies
4. M Commerce Payment Market - Macro Economic Scenario
5. M Commerce Payment Market Size And Growth
……
27. M Commerce Payment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The M Commerce Payment Market
29. M Commerce Payment Market Future Outlook and Potential Analysis
30. Appendix

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