The report offers detailed coverage of Mobile Payments industry and main market trends. Mobile payments are referred to the transactions that is performed through mobile device instead of paying through cash, checks, or physical credit cards.
The mobile payment market is in its maturity phase and is expected to grow at a CAGR of 33.8% during the forecast period. Increase is penetration of smartphones, growth in m-commerce industry, and rise in adoption of mobile payment in emerging economies drive the growth of the mobile payment market."
Adoption of advanced technologies like near field communications (NFC) is making it more popular. NFC enables users to establish a connection between two electronic devices like smartphones by just bring them close to each other.
Mobile payments market in Asia Pacific region is expected to show a positive growth over the forecast period owing to factors such as improved technologies like NFC, wearable devices etc.
The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Mobile Payments by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Mobile Payments market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2028.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
First, this report covers the present status and the future prospects of the global Mobile Payments market for 2015-2028.
In this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Apple
Google
PayPal
Mastercard
One97 Communications
Bharti Airtel
Vodafone
Orange
Samsung
Glance
Verifone Systems
Square
Alipay
Amazon Pay
Paytm
WeChat Pay
At the same time, we classify Mobile Payments according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market by Order Type
Mobile wallet/Bank cards
Mobile money
Market by Application
Retail
Education
Entertainment
Healthcare
Hospitality
Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Mobile Payments market for the forecast period 2021 - 2028?
• What are the driving forces in the Mobile Payments market for the forecast period 2021 - 2028?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Mobile Payments industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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