Press release
UK Mobile Payments Market 2025 Edition: Industry Reaching USD 14.4 Billion by 2033, At a CAGR of 20.67%
According to IMARC Group's report titled "UK Mobile Payments Market Report by Mode of Transaction (WAP (Wireless Application Protocol), NFC (Near Field Communications), SMS (Short Message Service), USSD (Unstructured Supplementary Service Data), and Others), Application (Entertainment, Energy and Utilities, Healthcare, Retail, Hospitality and Transportation, and Others), and Region 2025-2033", The report offers a comprehensive analysis of the industry, including market share, growth, trends, and regional insights.
How Big is the UK Mobile Payments Industry ?
The UK mobile payments market size was valued at USD 2.65 Billion in 2024 and expects the market to reach USD 14.4 Billion by 2033, exhibiting a growth rate (CAGR) of 20.67% during 2025-2033.
UK Mobile Payments Market Trends:
The UK market for mobile payments is undergoing strong change, being shaped by technical advance and evolving customer habits. Widespread usage of contactless payments, hastened by the pandemic and supported by growing levels of NFC-capable smartphone take-up, are a characteristic feature. Digital wallets such as Apple Pay, Google Pay, and Samsung Pay are also winning attention, with customers increasingly being users of new-payment technologies from mainstream banks in emerging markets.". Besides, the market is also experiencing a rise in "buy now, pay later" (BNPL) implementations in mobile payment apps, deconstructing the distinction between transactions and lending.
In addition, open banking initiatives are promoting seamless peer-to-peer (P2P) payments and real-time transactions via apps such as PayPal and Revolut. Essentially, the intersection of security improvements (e.g., biometric verification) and hyper-personalized loyalty programs is transforming the way consumers engage with mobile payment platforms.
Request for a sample copy of this report: https://www.imarcgroup.com/uk-mobile-payments-market/requestsample
UK Mobile Payments Market Scope and Growth Analysis:
The UK mobile payments market covers a wide-ranging ecosystem of retail transactions, transport ticketing, and online commerce with strong growth driven by high smartphone penetration and strong digital infrastructure. In addition, regulatory backing through initiatives such as the Financial Conduct Authority's (FCA) Open Banking regime is driving competition and innovation among fintech participants. Besides, SMEs are increasingly turning to mobile payment solutions to streamline processes and accommodate cash-shy customers, making the market broader.
Additionally, the fusion of AI-powered fraud detection and blockchain solutions is solving security issues while improving the efficiency of transactions. Essentially, while faced with threats such as cybersecurity vulnerability and fragmented merchant adoption, the market's alignment towards cashless economy objectives and consumer demand for seamless experiences guarantees continued growth to place the UK among European leaders in mobile payments.
UK Mobile Payments Industry Segmentation:
The report has segmented the market into the following categories:
Mode of Transaction Insights:
• WAP (Wireless Application Protocol)
• NFC (Near Field Communications)
• SMS (Short Message Service)
• USSD (Unstructured Supplementary Service Data)
• Others
Application Insights:
• Entertainment
• Energy and Utilities
• Healthcare
• Retail
• Hospitality and Transportation
• Others
Regional Insights:
• London
• South East
• North West
• East of England
• South West
• Scotland
• West Midlands
• Yorkshire and The Humber
• East Midlands
• Others
Competitor Landscape:
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.
Other key areas covered in the report:
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Strategic Recommendations
• Market Dynamics
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape
• Top Winning Strategies
• Recent Industry News
• Key Technological Trends & Development
Explore More Research Reports & Get Your Free Sample Now:
UK Fashion and Apparel Market: https://www.imarcgroup.com/uk-fashion-apparel-market/requestsample
UK Green Technology Market: https://www.imarcgroup.com/uk-green-technology-market/requestsample
UK Fintech Lending Market: https://www.imarcgroup.com/uk-fintech-lending-market/requestsample
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Ask an analyst: https://www.imarcgroup.com/request?type=report&id=25445&flag=C
IMARC Group
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
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 UK Mobile Payments Market 2025 Edition: Industry Reaching USD 14.4 Billion by 2033, At a CAGR of 20.67% here
News-ID: 3985117 • Views: …
More Releases from IMARC Group
Indonesia Lubricants Market Size, Share, Trends, Growth Insights, Forecast Repor …
As indicated in the latest market research report published by IMARC Group, titled "Indonesia Lubricants Market Report by Product Type (Engine Oils, Greases, Hydraulic Fluids, Metalworking Fluids, Transmission and Gear Oils, and Others), End User (Automotive, Heavy Equipment, Metallurgy and Metalworking, Power Generation, and Others), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well…
Bamboo Fiber Manufacturing Plant Cost 2025: Layout, Machinery, Raw Materials, an …
Bamboo fiber is a natural, eco-friendly textile material extracted from bamboo pulp through mechanical or chemical processing. Known for its softness, breathability, and antibacterial properties, it serves as a sustainable alternative to cotton and synthetic fibers. Bamboo fiber is widely used in textiles, home furnishings, hygiene products, and industrial applications. Its natural moisture absorption and biodegradability make it highly desirable for environmentally conscious consumers and industries seeking renewable raw materials…
Indonesia Lubricants Market Size, Share, Trends, Growth Insights, Forecast Repor …
As indicated in the latest market research report published by IMARC Group, titled "Indonesia Lubricants Market Report by Product Type (Engine Oils, Greases, Hydraulic Fluids, Metalworking Fluids, Transmission and Gear Oils, and Others), End User (Automotive, Heavy Equipment, Metallurgy and Metalworking, Power Generation, and Others), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well…
Indonesia Coal Market Size, Share, Growth Insights, Trends Analysis & Report 202 …
As indicated in the latest market research report published by IMARC Group, titled "Indonesia Coal Market Report by Application (Electricity, Iron and Steel Industry, Others), Region (Java, Sumatra, Kalimantan, Sulawesi, Others) 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well as recent advancements in the market.
Market Size & Future Growth Potential:
The Indonesia coal market size reached…
More Releases for Pay
Proximity Payment Market is Going to Boom | Major Giants Apple Pay, Google Pay, …
HTF MI just released the Global Proximity Payment Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
𝐌𝐚𝐣𝐨𝐫 Giants in Proximity Payment Market are:
Apple Pay, Google Pay, Samsung…
Mobile Wallet (NFC, Digital Wallet) Market to Witness Stunning Growth | Apple Pa …
HTF MI recently introduced Global Mobile Wallet (NFC, Digital Wallet) Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2024-2032). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence. Some key players from the complete study are Apple Pay, Google Pay, Samsung Pay, PayPal, Alipay, WeChat Pay,…
Unified Payments Interface (UPI) Market Is Booming Worldwide | Google Pay, Amazo …
The latest study released on the Global Unified Payments Interface (UPI) Market by AMA Research evaluates market size, trend, and forecast to 2028. The Unified Payments Interface (UPI) market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about…
Unified Payments Interface (UPI) Market May See a Big Move | Major Giants Samsun …
The latest study released on the Global Unified Payments Interface (UPI) Market by AMA Research evaluates market size, trend, and forecast to 2027. The Unified Payments Interface (UPI) market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about…
Samsung Pay Market is Booming Worldwide with Samsung Pay, Apple Pay, Google Pay
HTF Market Intelligence released a new research report of 23 pages on title 'Samsung Pay - Competitor Profile' with detailed analysis, forecast and strategies. The study covers key regions that includes North America, LATAM, United States, GCC, Southeast Asia, Europe, APAC, United Kingdom, India or China etc and important players such as Samsung Pay, Apple Pay, Google Pay, Alipay, Tenpay, Samsung Electronics, Visa, Mastercard.
Request a sample report @ https://www.htfmarketreport.com/sample-report/3587660-samsung-pay-competitor-profile
Summary
Samsung…
Mobile Payment Market may see a big Move: Apple Pay, Samsung Pay, Amazon Pay
A new business intelligence report released by HTF MI with title "Global Mobile Payment Market Report 2020" is designed covering micro level of analysis by manufacturers and key business segments. The Global Mobile Payment Market survey analysis offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources and it comprises both qualitative and quantitative detailing. Some…
