Comprehensive 2025 M-commerce Payment Market Overview: Trends, Forecasts, and Growth Drivers

Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.

What Is the Expected CAGR for the M-commerce Payment Market Through 2025?
In the last few years, the size of the M-commerce payment market has seen considerable growth. The market, currently valued at $13.39 billion in 2024, is expected to balloon to $18.39 billion by the end of 2025, boasting a compound annual growth rate (CAGR) of 37.3%. This past period of growth can be largely credited to the adoption of mobile internet, the advancement of secure payment technologies, the rise in popularity of e-wallets and mobile apps, the convenience they offer, and a generally enhanced mobile user experience.

What's the Projected Size of the Global M-commerce Payment Market by 2029?
The size of the M-commerce payment market is projected to experience remarkable expansion in the coming years. It is anticipated to reach $75.09 billion in 2029, with a compound annual growth rate (CAGR) of 42.2%. The surge during the predicted period can be related to the rise of contactless payments, biometric verifications, the use of blockchain in mobile transactions, the incorporation of artificial intelligence and machine learning, and the growth of cryptocurrency payments. Significant trends during this forecasted timeframe consist of QR code transactions, purchases within apps, integration with mobile banking, payments made through wearable devices, and mobile payments made directly between individuals.

View the full report here:
https://www.thebusinessresearchcompany.com/report/m-commerce-payment-global-market-report

Top Growth Drivers in the M-commerce Payment Industry: What's Accelerating the Market?
The expected growth of the m-commerce payment market is attributed to the rise in mobile and internet usage. M-commerce payment involves the use of wireless handheld devices such as tablets and mobiles for conducting online commercial transactions, which include the buying and selling of goods, online banking, and bill payments. The rising access to the internet enables more people to utilise m-commerce services, thereby propelling the market. To exemplify, a report by the Switzerland-based specialized agency, International Telecommunication Union in October 2023, stated that approximately 67 percent of the global population, amounting to 5.4 billion individuals, were now connected to the internet. This signifies a jump of 4.7 percent from 2022, higher than the 3.5 percent growth seen between 2021 and 2022. Thus, the escalating mobile and internet usage is facilitating the expansion of the m-commerce payment market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5863&type=smp

What Trends Will Shape the M-commerce Payment Market Through 2029 and Beyond?
The rising trend of utilizing digital wallets is gaining traction in the m-commerce payment industry. Digital wallets, which are essentially software systems, provide secure storage for users' payment data and passwords for various payment methods and websites. They enable users to execute purchases rapidly and effortlessly. For instance, in March 2023, Paytm, a digital payments firm from India, unveiled an improved version of their payments platform built entirely on indigenous technology. The goal of this platform is to drastically improve customer experience by offering higher success rates, expedited transactions, and robust security. The extensive enhancement of this payment platform using domestic full-stack development is projected to further propel digital payments in India.

What Are the Main Segments in the M-commerce Payment Market?
The m-commerce payment market covered in this report 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

Subsegments:
1) By Near Field Communication (NFC): Contactless Payments, Mobile Wallets
2) By Premium SMS: One-Time Payments, Subscription Services
3) By Wireless Application Protocol (WAP): Mobile Web Payments, In-App Purchases
4) By Direct Carrier Billing: Digital Goods, Physical Goods

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=5863&type=smp

Which Top Companies are Driving Growth in the M-commerce Payment Market?
Major companies operating in the m-commerce payment market include ACI Worldwide Inc., Alphabet Inc., Bharat Interface for Money, Fidelity National Information Services (FIS), Fiserv Inc., Freecharge, Mastercard Inc., MobiKwik, Orange S. A, PayPal Holdings Inc., PayU, Samsung Group, Square Inc., Visa Inc., Alibaba Group, American Express Company, Apple Inc., UnionPay, Discover Financial Services LLC, Ingenico SA, Jack Henry & Associates Inc., Tencent Holdings Ltd., Boku Inc., Thales Group, International Business Machines Corporation (IBM), Oxygen8 Solutions Inc., SAP SE, BlueSnap Inc., Global Payments Inc., Klarna Bank AB, Payoneer Global Inc., Paysafe Limited, Stripe Inc.

Which Regions Will Dominate the M-commerce Payment Market Through 2029?
Asia-Pacific was the largest region in the m-commerce payment market in 2024.Asia-Pacific is expected to have the highest CAGR in m-commerce payment market share. The regions covered in the m-commerce payment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=5863

This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.