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Consumer Mobile Payments Market: Study Navigating the Future Growth Outlook| PayPal, Apple, Visa
The Latest research coverage on Consumer Mobile Payments Market provides a detailed overview and accurate market size. The study is designed considering current and historical trends, market development and business strategies taken up by leaders and new industry players entering the market. Furthermore, study includes an in-depth analysis of global and regional markets along with country level market size breakdown to identify potential gaps and opportunities to better investigate market status, development activity, value and growth patterns.Access Sample Report + All Related Graphs & Charts @: https://www.advancemarketanalytics.com/sample-report/47095-global-consumer-mobile-payments-market?utm_source=OpenPR&utm_medium=Pranita
Major & Emerging Players in Consumer Mobile Payments Market:-
Google LLC (United States), Samsung Group (South Korea), Amazon.com Inc. (United States), Apple Inc. (United States), PayPal Inc. (United States), MasterCard PLC (United States), Visa Inc. (United States), American Express Co. (United States), Mahindra ComViva (India), Orange SA (France)
The Consumer Mobile Payments Market Study by AMA Research gives an essential tool and source to Industry stakeholders to figure out the market and other fundamental technicalities, covering growth, opportunities, competitive scenarios, and key trends in the Consumer Mobile Payments market.
This fast-growing mobile phone penetration also brings with it increasingly sophisticated mobile devices, which outpace ordinary computers. Mobile payments can be a more convenient and portable means of payment than traditional payment methods because they eliminate the burden of carrying multiple plastic cards, coins and currency in a physical wallet Mobile commerce in Europe is expected to grow significantly over the next few years, with an average compound annual growth rate of 42%. In 2014, Europe experienced an all-time peak in mobile revenues and mobile transactions. According to a RetailMeNot forecast based on data from some EU countries, Europeans will be spending about Euro 45 billion via mobile devices in 2015; this currently corresponds to around 14% of all online purchases made in the EU and represents an increase of 88.7% compared to 2014. According to one study, this type of payment is up to 15 to 30 seconds faster than swiping a traditional card, signing the receipt, or entering a PIN code. That can be important to consumers, especially to those who value saving time highly, as well as being able to pay bills at any given location
Currently, two directives apply to the area of mobile payments. Directive 2007/64/EC on payment services in the internal market establishes a harmonized legal framework for payment services throughout the single market; Directive 2009/110/EC covers the taking up, pursuit and prudential supervision of the business of electronic money institutions.
After the publication of its Green Paper 'Towards an integrated European market for card, internet and mobile payments' in 2012, the European Commission proposed in 2013 a revision of the current legislation in force, namely with the proposal for a Directive on payment services in the internal market and amending Directives 2002/65/EC, 2013/36/EU, and 2009/110/EC and repealing Directive 2007/64/EC. On
5 May 2015, the agreement was reached in trialogue negotiations between the Commission, the European Parliament, and the Council, and formal adoption of the proposal is expected later this year.
The titled segments and sub-section of the market are illuminated below:
by Type (Remote (Peer-to-peer, M-commerce), Proximity (Near Field Communication, Barcode)), Application (Retail, Hospitality & Tourism, IT & Telecommunication, BFSI, Media & Entertainment, Healthcare, Airline, Others), Type of Mobile Pay (Mobile Wallet/Bank Cards, Mobile Money)
Market Trends:
Upsurging Demand due to Increasing Inclination towards E-commerce
Increasing Number of Loyalty Benefits in Mobile Environment
Opportunities:
Increasing Internet Penetration and Growing M-commerce Market
Growing demand from developing countries
Market Drivers:
The rapid growth in online retailing
The rise in demand for easy and hassle-free purchase of goods and services results in increased preference of consumers toward digital and cashless payments
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Some Point of Table of Content:
Chapter One: Report Overview
Chapter Two: Global Market Growth Trends
Chapter Three: Value Chain of Consumer Mobile Payments Market
Chapter Four: Players Profiles
Chapter Five: Global Consumer Mobile Payments Market Analysis by Regions
Chapter Six: North America Consumer Mobile Payments Market Analysis by Countries
Chapter Seven: Europe Consumer Mobile Payments Market Analysis by Countries
Chapter Eight: Asia-Pacific Consumer Mobile Payments Market Analysis by Countries
Chapter Nine: Middle East and Africa Consumer Mobile Payments Market Analysis by Countries
Chapter Ten: South America Consumer Mobile Payments Market Analysis by Countries
Chapter Eleven: Global Consumer Mobile Payments Market Segment by Types
Chapter Twelve: Global Consumer Mobile Payments Market Segment by Applications
What are the market factors that are explained in the Consumer Mobile Payments Market report?
- Key Strategic Developments: Strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors.
- Key Market Features: Including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin.
- Analytical Tools: The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
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Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
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Craig Francis (PR & Marketing Manager)
AMA Research & Media LLP
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New Jersey USA - 08837
Phone: +1(201) 7937323, +1(201) 7937193
sales@advancemarketanalytics.com
Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues. Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enable clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.
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