openPR Logo
Press release

Tanzania Mobile Money Market Set to Reach USD 221.0 Billion by 2033, Growing at 12% CAGR During 2025-2033

01-30-2025 01:51 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Tanzania Mobile Money Market Latest Report 2025-2033

Tanzania Mobile Money Market Latest Report 2025-2033

๐“๐š๐ง๐ณ๐š๐ง๐ข๐š ๐Œ๐จ๐›๐ข๐ฅ๐ž ๐Œ๐จ๐ง๐ž๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

๐๐š๐ฌ๐ž ๐˜๐ž๐š๐ซ: 2024
๐‡๐ข๐ฌ๐ญ๐จ๐ซ๐ข๐œ๐š๐ฅ ๐˜๐ž๐š๐ซ๐ฌ: 2019-2024
๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐˜๐ž๐š๐ซ๐ฌ: 2025-2033
๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ข๐ณ๐ž ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’: ๐”๐’๐ƒ ๐Ÿ–๐ŸŽ.๐ŸŽ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง
๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ข๐ณ๐ž ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ‘: ๐”๐’๐ƒ ๐Ÿ๐Ÿ๐Ÿ.๐ŸŽ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง
๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐‘๐š๐ญ๐ž (๐‚๐€๐†๐‘) ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ‘: ๐Ÿ๐Ÿ%

According to IMARC Group's report titled "๐“๐š๐ง๐ณ๐š๐ง๐ข๐š ๐Œ๐จ๐›๐ข๐ฅ๐ž ๐Œ๐จ๐ง๐ž๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ง๐ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ‘," the market reached ๐”๐’๐ƒ ๐Ÿ–๐ŸŽ.๐ŸŽ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’. Looking forward, IMARC Group expects the market to reach ๐”๐’๐ƒ ๐Ÿ๐Ÿ๐Ÿ.๐ŸŽ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ‘, exhibiting a growth rate (CAGR) of ๐Ÿ๐Ÿ% during 2025-2033.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/tanzania-mobile-money-market/requestsample

๐“๐š๐ง๐ณ๐š๐ง๐ข๐š ๐Œ๐จ๐›๐ข๐ฅ๐ž ๐Œ๐จ๐ง๐ž๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐š๐ง๐ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ:

The drivers of Tanzania mobile money market expansion are the high penetration of mobile phones as well as its limited availability of conventional banking services. In addition, mobile money services offer easy-to-use and available financial services to customers by enabling them to carry out operations (savings, bill payments, money transfers) without opening a bank account and thus drive the market.

Besides this, small business owners and those with modest incomes can access financial services that were previously unattainable, thereby bolstering the market. Conforming to this, the measures taken by the governments in favor of digital finance and financial inclusion are in fact further driving the expansion of the mobile money market.

The latest trend in the mobile money market of Tanzania is that the mobile money services are being increasingly integrated with other services, which include agriculture, medical wards, e-commerce etc., and this ongoing integration is increasing the size of the ecosystem, and providing more elaborate digital solutions to users is a significant trend in the Tanzania mobile money market.

Furthermore, the service providers are increasingly investing in advanced technologies such as blockchain, to provide a secure transaction process, which is creating a positive outlook for the growth of the market. Besides this, owing to the use of such advanced technology users are moving towards mobile money cash transfer, which is expected to fuel the Tanzania mobile money market during the forecast period.

๐“๐š๐ง๐ณ๐š๐ง๐ข๐š ๐Œ๐จ๐›๐ข๐ฅ๐ž ๐Œ๐จ๐ง๐ž๐ฒ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

The report has segmented the market into the following categories:

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐›๐ฒ ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ:

โ€ข USSD
โ€ข Mobile Wallets
โ€ข Others

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐›๐ฒ ๐๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ ๐Œ๐จ๐๐ž๐ฅ:

โ€ข Mobile Led Model
โ€ข Bank Led Model

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐›๐ฒ ๐“๐ซ๐š๐ง๐ฌ๐š๐œ๐ญ๐ข๐จ๐ง ๐“๐ฒ๐ฉ๐ž:

โ€ข Peer to Peer
โ€ข Bill Payments
โ€ข Airtime Top-ups
โ€ข Others

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Ž๐ฎ๐ซ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ๐ฌ ๐Ÿ๐จ๐ซ ๐๐ซ๐จ๐œ๐ก๐ฎ๐ซ๐ž ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ๐ฌ, ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง, ๐š๐ง๐ ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ข๐ž๐ฌ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž: https://www.imarcgroup.com/request?type=report&id=1448&flag=C

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant. Few Players are:

โ€ข M-Pesa (Vodacom Tanzania Limited)
โ€ข Tigo Tanzania (MIC Tanzania Public Limited Company)
โ€ข Airtel Money Tanzania Limited

๐Š๐ž๐ฒ ๐ก๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:

โ€ข ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ž๐ซ๐Ÿ๐จ๐ซ๐ฆ๐š๐ง๐œ๐ž (๐Ÿ๐ŸŽ๐Ÿ๐Ÿ—-๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’)
โ€ข ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ‘)
โ€ข COVID-19 Impact on the Market
โ€ข Porter's Five Forces Analysis
โ€ข Strategic Recommendations
โ€ข Historical, Current and Future Market Trends
โ€ข Market Drivers and Success Factors
โ€ข SWOT Analysis
โ€ข Structure of the Market
โ€ข Value Chain Analysis
โ€ข Comprehensive Mapping of the Competitive Landscape

๐๐จ๐ญ๐ž: ๐ˆ๐Ÿ ๐ฒ๐จ๐ฎ ๐ง๐ž๐ž๐ ๐ฌ๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ญ๐ก๐š๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ž ๐ฌ๐œ๐จ๐ฉ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ž ๐œ๐š๐ง ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž ๐ข๐ญ ๐ญ๐จ ๐ฒ๐จ๐ฎ ๐š๐ฌ ๐š ๐ฉ๐š๐ซ๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐Ž๐ญ๐ก๐ž๐ซ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

๐†๐‚๐‚ ๐Œ๐ž๐๐ข๐œ๐š๐ฅ ๐“๐จ๐ฎ๐ซ๐ข๐ฌ๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/gcc-medical-tourism-market/requestsample

๐†๐‚๐‚ ๐“๐ž๐ฅ๐ž๐ก๐ž๐š๐ฅ๐ญ๐ก ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/gcc-telehealth-market/requestsample

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

๐ˆ๐Œ๐€๐‘๐‚ ๐†๐ซ๐จ๐ฎ๐ฉ
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.

IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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 Tanzania Mobile Money Market Set to Reach USD 221.0 Billion by 2033, Growing at 12% CAGR During 2025-2033 here

News-ID: 3842402 • Views: โ€ฆ

More Releases from IMARC Group

Copper Prices , Chart, News, Monitor and Forecast | IMARC Group
03-26-2025 | Chemicals & Materials
IMARC Group
Copper Prices , Chart, News, Monitor and Forecast | IMARC Group
North America Copper Prices Movement Q4: Copper Prices in United States: In the fourth quarter of 2023, Copper Prices in the USA reached 15,419 USD/MT in December. The market faced challenges due to rising interest rates and cautious consumer spending, which pressured demand. Economic policies and fluctuating market conditions further contributed to the downward trend. A weakening currency and declining economic indicators slowed market momentum, limiting price recovery. Despite some stabilityโ€ฆ
Catheter Manufacturing Plant Project Report 2025 Detailed Raw Material Requirements and Cost for an Unit Setup
03-26-2025 | Health & Medicine
IMARC Group
Catheter Manufacturing Plant Project Report 2025 Detailed Raw Material Requireme โ€ฆ
IMARC Group's "Catheter Manufacturing Plant Project Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" report provides a comprehensive guide on how to successfully set up a catheter manufacturing plant. The report offers clarifications on various aspects, such as unit operations, raw material requirements, utility supply, infrastructural needs, machinery models, labour necessities, transportation timelines, packaging costs, etc. In addition to the operational aspects, the reportโ€ฆ
Malic acid Prices: Global and Regional Demand, Chart, News| IMARC Group
03-26-2025 | Chemicals & Materials
IMARC Group
Malic acid Prices: Global and Regional Demand, Chart, News| IMARC Group
North America Malic Acid Prices Movement Malic Acid Prices in USA: In 2024, malic acid prices in the United States settled at 1810 USD/MT in June. The market experienced stability despite weak demand, with minimal price fluctuations throughout the quarter. Although prices declined compared to the previous year, steady demand helped maintain balance. Limited market volatility indicated a stable pricing environment, with suppliers adjusting to prevailing conditions. Despite challenges, the overallโ€ฆ
Step-by-Step Guide to Setting Up an Electric Car Manufacturing Plant
03-26-2025 | Business, Economy, Finances, B โ€ฆ
IMARC Group
Step-by-Step Guide to Setting Up an Electric Car Manufacturing Plant
Setting up an electric car manufacturing facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations. IMARC Group's report titled "Electric Car Manufacturing Plant Project Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing an electricโ€ฆ

All 5 Releases


More Releases for Tanzania

01-25-2021 | Advertising, Media Consulting, โ€ฆ
Ken Research Pvt Ltd
Tanzania Agriculture Market | Tanzania Agriculture Industry | Tanzania Agricultu โ€ฆ
Tanzania Agriculture is that the main part of Tanzania's economy. Tanzania had over 44 million hectares of tillable land with solely 33 percent of this quantity in cultivation. Virtually 70 percent of the poor population live in rural areas and most all of them are concerned within the farming sector. Land could be a very important quality in making food security, and among the nine main food crops in Tanzaniaโ€ฆ
09-01-2020 | Tourism, Cars, Traffic
Jumbari Family Safaris
Tanzania Travel Tips
Tanzania is among the most popular African countries and for good reason. The climate is warm, the landscape is natural, wildlife is abundant and the people are friendly. All these qualities make Tanzania an affordable holiday destination. Accessing Tanzania The best airport to arrive at is Kilimanjaro International Airport. KLM has daily flights from Amsterdam. Ethiopian and Kenya Airways also fly into Kilimanjaro. Your health There are some health precautions that you needโ€ฆ
02-14-2018 | IT, New Media & Software
WISEGUY RESEARCH CONSULTANTS PVT LTD
Tanzaniaโ€™s Telecom Services Market 2017: Key Players โ€“ Vodacom Tanzania, Tig โ€ฆ
WiseGuyReports published new report, titled โ€œTanzania: Country Intelligence Reportโ€ Summary "Tanzania: Country Intelligence Report", a new Country Intelligence Report by provides an executive-level overview of the telecommunications market in Tanzania today, with detailed forecasts of key indicators up to 2022. Published annually, the report provides detailed analysis of the near-term opportunities, competitive dynamics and evolution of demand by service type and technology/platform across the fixed telephony, broadband and mobile markets, as wellโ€ฆ
12-26-2017 | Media & Telecommunications
WISEGUY RESEARCH CONSULTANTS PVT LTD
Tanzaniaโ€™s Telecom Services Market 2017: Key Players โ€“ Vodacom Tanzania, Tig โ€ฆ
WiseGuyReports published new report, titled โ€œTanzania: Country Intelligence Reportโ€ Summary "Tanzania: Country Intelligence Report", a new Country Intelligence Report by provides an executive-level overview of the telecommunications market in Tanzania today, with detailed forecasts of key indicators up to 2022. Published annually, the report provides detailed analysis of the near-term opportunities, competitive dynamics and evolution of demand by service type and technology/platform across the fixed telephony, broadband and mobile markets, as wellโ€ฆ
01-16-2017 | Business, Economy, Finances, B โ€ฆ
ReportsWorldwide
TANZANIA - INFRASTRUCTURE SECTOR ANALYSIS
ReportsWorldwide has announced the addition of a new report title TANZANIA - INFRASTRUCTURE SEPTEMBER 2016 to its growing collection of premium market research reports. This report provides a comprehensive industry profile, analysis and outlook of Tanzaniaโ€™s infrastructure sector. The Construction & Industry sector is one of Tanzaniaโ€™s biggest industries. Overall, it contributes 24% to the countryโ€™s GDP. The construction segment accounted for 12.5% of the GDP in 2014 and 13% in 2015.โ€ฆ
01-16-2017 | Logistics & Transport
ReportsWorldwide
TANZANIA - TRANSPORT SECTOR OVERVIEW
ReportsWorldwide has announced the addition of a new report title TANZANIA - TRANSPORT SEPTEMBER 2016 to its growing collection of premium market research reports. This report provides a comprehensive industry profile, analysis and outlook of Tanzaniaโ€™s transport sector. The sector is one of the fastest growing industries in the country growing at over 12.5%, almost twice faster than the overall GDP growth. Transport contributes over 4% to the countryโ€™s economy. Investments inโ€ฆ