Global M-Commerce Payments Market to be worth US$7.55 Bn by the end of 2022

In the present scenario, the global market for m-commerce payments is in nascent stage. However, the opportunities are expected to exponential increment during the forecast period of 2017 to 2022, as a result of ubiquity of smartphones and other electronic devices. This report on the global m-commerce payments has been developed by a group of professional market research analysts, aspiring to serve as a reliable business tool for the stockholders such as software and hardware companies, retail and e-commerce vendors, and research associations. The report is a quantitative and qualitative summation of all the market dynamics including drivers and restraints, segments it on the basis of mode of payment, end-use industry, devices, and mode of transaction, evaluated the potential of every important geographical region, and profiles some of the key companies in order to represent the competitive landscape.

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While compiling this research report on the global m-commerce payments market, in-depth interviews were conducted, besides discussions with various key participants of this industry participants opinion leaders. Primary research of this report accounted for the bulk of research efforts, complimented by extensive secondary research. The researchers reviewed key players’ product literature, press releases, annual reports, and relevant documents to arrive at competitive analysis and market understanding. On the other hand, the secondary research included a search of recent trade, internet sources, and technical writing, apart from statistical data from government websites and trade associations and related agencies. This has proven to be the most credible, effective, and successful approach to exact market data, capturing insights into the industry participants, and recognizing business opportunities.

Secondary research sources of this report on the global m-commerce payments market have typically referred to including, but are not limited to, company websites, annual reports, financial reports, investor presentations, broker reports, and SEC filings, relevant patent and regulatory databases, internal and external proprietary databases statistical databases, national government documents, and press releases, market reports, news articles, and webcasts specific to companies operating in the market. The researchers also conduct primary interviews on an ongoing basis with industry players and intellectuals in order to validate the evaluated data as well as its analysis. Primary interviews provided immediate information on market size, growth trends, market trends, competitive landscape, and overall outlook, etc. These aided in validating and strengthening the secondary research findings, besides being helpful in developing analysis team’s market understanding.

Global M-Commerce Payments Market: Segmentations

Based on the mode of payment, this report segments the global m-commerce payments market into peer-to-peer transfer payments, barcode m-commerce payments, and near field communication m-commerce payments. On the basis of end-use industry, the market for m-commerce payments has been bifurcated into retail m-commerce, IT and telecommunication, hospitality and tourism, banking, financial services and insurance (BFSI), healthcare, media and entertainment, airline, and others. Device-wise, the market for m-commerce payments has been categorized into smart devices, feature phones, and other electronic devices. On the basis of transaction, the market for m-commerce payments has been classified into mobile retailing, mobile booking or ticketing, mobile banking, mobile billing, and other modes of transactions.

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Global M-Commerce Payments Market: Competitive Landscape

Even though it’s a developing market, the future of the global m-commerce payments market is highly prosperous, and as a result, a number of companies are already venturing as pioneers. Some of the key companies currently actively in the global m-commerce payments market are: Alphabet Inc., Apple Inc., Mastercard Incorporated, Paypal Holdings, Inc., Visa, Inc., ACI Worldwide, Inc., DH Corporation, Fidelity National Information Services, Inc., Fiserv, Inc., Square, Inc., Samsung Electronics Company Limited, and Jack Henry & Associates Inc.

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