|08-11-2017 12:41 PM CET - IT, New Media & Software||
Mobile Money Market Business Overview, Analysis and Forecast by 2014-2025!
Press release from: Big-Research
Big Market Research added a report on “Global Mobile Money Market: Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025”
Full Report with TOC@ www.bigmarketresearch.com/global-mobile-money-size-trend-...
Mobile money is a digital wallet service that enables consumers to store, send, and receive money using mobile devices. Mobile money is a popular alternative to bank accounts, as it can be used both on smartphones and basic feature phones. Mobile money stores funds in a secure electronic account connected to a mobile phone number. Mobile money services are accessed through Short Message Service (SMS), direct mobile billing, and mobile web application systems.
Based on transaction mode, the market is divided into near field communication, direct mobile billing, SMS, mobile application, and others. Based on the type of purchase, it is categorized into airtime transfer, money transfers and payments, travel and ticketing, and others. Based on industry vertical, the market is segmented into BFSI, telecom and IT, retail, healthcare, media and entertainment, transportation and logistics, and others. Geographic breakdown and deep analysis of each of the previously mentioned segments is included for North America, Europe, Asia-Pacific, and LAMEA.
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Growth in use of mobile money services in developing economies such as India, China, Brazil, and Mexico due to growing urbanization and increasing dependability on internet and e-commerce.
Increase in demand for mobile money services due to rise in use of mobile devices among users and increasing awareness of non-cash payments
Increasing data security concerns
The key players in the global mobile money market include Vodafone Group Plc, Gemalto, MasterCard Incorporated, Obopay, Orange S.A., Bharti Airtel Ltd., Monitise Plc, Mahindra Comviva, FIS, and Google, Inc.
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By Transaction Mode
o Near field communication
o Direct mobile billing
o Mobile application
By Type of Purchase
o Airtime transfer
o Money transfer and payments
o Travel and ticketing
By Industry Vertical
o IT and telecom
o Media and entertainment
o Transportation and logistics
• North America
o Rest Of Europe
o South Korea
o Saudi Arabia
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