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Proximity Mobile Payment Market Current Trends & Market Analysis

11-01-2017 09:04 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Scalar Market Research

Proximity Mobile Payment Market Current Trends & Market

Proximity mobile payment technology is the latest payment technology carried out by mobile phones and wireless devices. Barcodes and NFC are the other competitors in this arena. Although the proximity mobile payment technology needs a large supporting technological infrastructure, the set up offers secure, safe, fast, and more convenient option for the customers. The proximity mobile payment market is growing worldwide because of rapid economic development in various countries and increasing acceptance of technological innovations. This report studies the current and future aspects of the proximity mobile payment market.

The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the proximity mobile payment market. The scope of this report covers the proximity mobile payment market by its major segments, which include the types, applications, and the major geographic regions.

Download Free Sample: https://www.scalarmarketresearch.com/request-sample.php?id=1315

The global proximity mobile payment market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. The North America region holds the highest market share and is the largest revenue contributor of proximity mobile payment market. The region continues to dominate the global market during the forecasted period because of region wide adoption of the payment technology. In addition, developed countries like U.S. and Canada use NFC enabled smartphones which is contributing towards the market growth in the region. Next in line is the Europe region which is witnessing a steady market growth due to steady advancement in technology and use of proximity payment mode for shopping and other expenses.

MARKET SEGMENTATION

This report analyzes the proximity mobile payment market by the following segments:

Proximity Mobile Payment Market, by Mode of Payment

1. Barcodes
2. Near Field Communication

Proximity Mobile Payment Market, by Application

1. Retail
2. BFSI
3. Hospitality and Tourism
4. IT and Telecommunications
5. Media and Entertainment
6. Aviation
7. Healthcare

Browse Report: https://www.scalarmarketresearch.com/market-reports/proximity-mobile-payment-market

About Scalar Market Research

Scalar Market Research Inc. aspires to assist organizations from around the world to achieve their business goal with premium market research reports and consulting services. Our real-time industry tracking with the help of advanced analytics offers a crystal clear view of all the activities in niche markets. Our team, with thorough global understanding, works relentlessly to gather the necessary market insights, including customer analysis, competitions and global forecast.
Find out more about our services at: www.scalarmarketresearch.com

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