Mobile Wallet - Global Market Outlook (2016-2022)
According to Stratistics MRC, the Global Mobile Wallet market is anticipated to grow at a strong CAGR of 35.6% during the forecast period 2015 to 2022. The factors that are driving the market growth include rising awareness regarding mobile wallets and their applications, growing smart phone penetration and escalating benefits of mobile wallets. However factors such as security, huge capital investment and technology immaturity of mobile wallet are hindering the market growth. In the digital payments industry, Mobile wallets are considered to be a revolutionary trend.
Asia Pacific region is anticipated to witness strong growth rate during forecast period. The growth is attributed to increased usage of smart phones enabled with internet connection, government initiatives to encourage digital transactions, and raising consumer purchasing power. By end user, the OSS/BSS solution providers segment is poised to witness utmost growth rate mainly due to the reliable development of mobile wallet by the adoption of NFC technology.
Some of the key players in global mobile wallet market include Airtel Money, Alipay, Amazon.com, American Express, Apple, Bank of America, Citibank, Citrus Payment Solutions, First Data, Google, MasterCard, Vodafone, One97 communications, Oxigen, PayPal, and Visa.
Product Types Covered:
Transaction Types Covered:
• Mobile commerce transactions
• Money transfer
• Mobile ticketing
• Mobile coupons
• Other Transactions
• Hotel Booking
• Bill Payments
• Rail, Metro and Bus Tickets
• Air Tickets and Boarding Passes
• Other Applications
End Users Covered:
• Mobile Network Operators
• Hardware Solution Manufacturers
• Software Developers
• Content and Applications Aggregators
• Mobile Wallet Stakeholders
• OSS/BSS solution providers
• Other End Users
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o South Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.