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Exploring the world of mobile payments market

Exploring the world of mobile payments market

The mobile payment industry has evolved over the past decade with big brands entering the market and developing advanced technologies that provide the ease of payment using mobile/smartphones.

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The global Mobile Payments Market study provides a comprehensive view of the ongoing and future phases of the Mobile Payments industry based on parameters such as major commercial events, research initiatives, government guidelines, market drivers, restraints and opportunities and detailed industry segmentation and regional distribution.

Increased penetration of smartphones, growth in m-commerce industry, change in lifestyle, and the need for quick and hassle-free transactions are the major factors that drive the market growth. In order to expand their market share, global players such as Paytm, MasterCard, Apple, and Samsung have launched new mobile payment apps and mobile wallets that allow customers to make payments with their phones/smartphone.

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Mobile payments through mobile wallets/bank cards are anticipated to witness the higher growth rate during the forecast period, owing to the increase in incentivization given by the market players for payment done via wallet and card. In addition, companies such as Paytm, which provide mobile wallet have collaborated with Uber to cater a larger customer base and make customer's rides hassle free.

The global mobile payments market report provides analysis based on mode of transaction, mobile payment, application, and geography. By mode of transaction, the market is segmented into short message service (SMS), wireless application protocol (WAP), and near field communication (NFC).

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This report studies the global Mobile Payments market, analyzes and researches the Mobile Payments development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like

Orange S.A.

Vodacom Group Limited

MasterCard Incorporated

Bharti Airtel Limited

MTN Group Limited

Safaricom Limited

PayPal Holdings, Inc.

Econet Wireless Zimbabwe Limited

Millicom International Cellular SA

Mahindra Comviva

Table of Content:-          

Global Mobile Payments Market Size, Status and Forecast 2022

1 Industry Overview of Mobile Payments

1.1 Mobile Payments Market Overview

1.1.1 Mobile Payments Product Scope

1.1.2 Market Status and Outlook

1.2 Global Mobile Payments Market Size and Analysis by Regions

1.2.1 United States

1.2.2 EU

1.2.3 Japan

1.2.4 China

1.2.5 India

1.2.6 Southeast Asia

1.3 Mobile Payments Market by Type

1.3.1 Short Message Service (SMS)

1.3.2 Near-Field Communication (NFC)

1.3.3 Wireless Application Protocol (WAP)

1.4 Mobile Payments Market by End Users/Application

1.4.1 Entertainment

1.4.2 Energy & Utilities

1.4.3 Healthcare

1.4.4 Retail

1.4.5 Hospitality & Transportation

1.4.6 Others

2 Global Mobile Payments Competition Analysis by Players

2.1 Mobile Payments Market Size (Value) by Players (2016 and 2017)

2.2 Competitive Status and Trend

2.2.1 Market Concentration Rate

2.2.2 Product/Service Differences

2.2.3 New Entrants

2.2.4 The Technology Trends in Future

3 Company (Top Players) Profiles

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