Press release
Mobile Money Market Eyeing Bigger Moves: Google, Monitise, Gemalto
HTF Market Intelligence recently released a survey document on Mobile Money market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision-makers make sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, and emerging trends along with essential drivers, challenges, opportunities, and restraints in the Mobile Money market. Some of the companies listed in the study from the complete survey list are Vodafone Group Plc. (United Kingdom), Gemalto (Netherlands), Fidelity National Information Services, Inc. (FIS) (United States), Google Inc. (United States), Mastercard Incorporated (United States), Bharti Airtel Limited (India), Orange S.A. (France), Monitise Plc (United Kingdom), Mahindra Comviva (India), PayPal Holdings, Inc. (United States).According to HTF Market Intelligence, the Mobile Money Market is Anticipated to grow at a CAGR of 32.34% during the forecast period.
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Definition:
Mobile money refers to a financial service that allows individuals to conduct financial transactions using a mobile device, such as a smartphone or basic mobile phone. This technology enables users to perform various financial activities, including transferring money, making payments, and accessing basic banking services, without the need for a traditional bank account.
Market Trends:
The mobile money market continues to present opportunities for expanding financial inclusion, especially in regions with limited access to traditional banking services.
Market Drivers:
Consumers and businesses increasingly prefer digital and mobile-based financial services due to their convenience, accessibility, and speed.
Market Opportunities:
Mobile money services have the potential for global expansion, with opportunities to enter new markets and regions.
Market Leaders & Development Strategies:
In 2021, WorldRemit, a leading online money transfer service, acquired Sendwave, a mobile money transfer platform, to expand its reach in Africa and the US. In 2021, Indonesian unicorn Gojek acquired Moka, a cloud-based point-of-sale provider, to expand its financial services offerings and strengthen its position in the mobile payments market.
Key Players in This Report Include: Vodafone Group Plc. (United Kingdom), Gemalto (Netherlands), Fidelity National Information Services, Inc. (FIS) (United States), Google Inc. (United States), Mastercard Incorporated (United States), Bharti Airtel Limited (India), Orange S.A. (France), Monitise Plc (United Kingdom), Mahindra Comviva (India), PayPal Holdings, Inc. (United States)
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The Global Mobile Money Market segments and Market Data Break Down are illuminated below:
Mobile Money Market is Segmented by Type (Airtime Transfers & Top-ups, Money Transfers & Payment, Merchandise & Coupons, Travel and Ticketing, Others) by Payment (NFC, Mobile Billing, SMS, USSD or STK, Others) by End User (Banking, Financial Services, and Insurance (BFSI) Sector, Energy & Utilities Sector, Retail Sector, Health Care Sector, Hospitality & Tourism Sector, Media & Entertainment Sector) and by Geography (North America, South America, Europe, Asia Pacific, MEA)
Global Mobile Money market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Objectives of the Report
• -To carefully analyze and forecast the size of the Mobile Money market by value and volume.
• -To estimate the market shares of major segments of the Mobile Money
• -To showcase the development of the Mobile Money market in different parts of the world.
• -To analyze and study micro-markets in terms of their contributions to the Mobile Money market, their prospects, and individual growth trends.
• -To offer precise and useful details about factors affecting the growth of the Mobile Money
• -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Mobile Money market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
Get Complete Scope of Work @ https://www.htfmarketintelligence.com/report/global-mobile-money-market
Major highlights from Table of Contents:
Mobile Money Market Study Coverage:
• It includes major manufacturers, emerging player's growth story, and major business segments of Mobile Money market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
• Mobile Money Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
• Mobile Money Market Production by Region Mobile Money Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
Key Points Covered in Mobile Money Market Report:
• Mobile Money Overview, Definition and Classification Market drivers and barriers
• Mobile Money Market Competition by Manufacturers
• Impact Analysis of COVID-19 on Mobile Money Market
• Mobile Money Capacity, Production, Revenue (Value) by Region (2023-2030)
• Mobile Money Supply (Production), Consumption, Export, Import by Region (2023-2030)
• Mobile Money Production, Revenue (Value), Price Trend by Type {Airtime Transfers & Top-ups, Money Transfers & Payment, Merchandise & Coupons, Travel and Ticketing, Others}
• Mobile Money Manufacturers Profiles/Analysis Mobile Money Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
• Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.
Buy Mobile Money Market Latest Report Edition @ https://www.htfmarketintelligence.com/buy-now?format=1&report=659?utm_source=Krati_OpenPR&utm_id=Krati
Key questions answered
• How feasible is Mobile Money market for long-term investment?
• What are influencing factors driving the demand for Mobile Money near future?
• What is the impact analysis of various factors in the Global Mobile Money market growth?
• What are the recent trends in the regional market and how successful they are?
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +1 434 322 0091
sales@htfmarketintelligence.com
About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to enable businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.
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