Financial Services & Insurance Research News

Mobile Payments Market is projected to grow at a CAGR of 33.4% from 2016 to 2022

Financial Services

Mobile payments market is estimated to have a high growth potential in today’s market. Mobile payments are a cashless medium for day-to-day transactions. A technology that enables users to make immediate cashless payments by use of smartphones.

Mobile payment refers to the payment for goods or services or transfer of money through mobile/smartphones. 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.Mobile payment refers to the payment for goods or services or transfer of money through mobiles/smartphones.

Mobile payment refers to payments for products, services, and invoices with a mobile device such as smartphone and tablet via the wireless Internet network. Mobile payment technology has been evolving at a rapid pace, with established vendors entering the digital payment space with advanced platforms for end users.

In the recent past, it has gone beyond from being a niche service for a small portion for few tech-savvy customers to most preferred payment services for the majority of smartphones, tablets, or other mobile device users. 

Top Manufacturer Detail-

Vodcom Group Limited, Tigo, Apple Inc., Square Inc., Paypal Inc., Google Inc., Worldpay Group plc, Visa Inc., and MasterCard

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The study is a source of reliable data on:

-Key market segments and sub-segments
-Evolving market trends and dynamics
-Changing supply and demand scenarios
-Quantifying market opportunities through market sizing and market forecasting
-Tracking current trends/opportunities/challenges
-Competitive insights
-Opportunity mapping in terms of technological breakthroughs

Mobile Payments Market 2024 segmentation by technology, applications, and five major geographical regions. This Report covers the Major Players' data, including: shipment, revenue, gross profit, interview record, business distribution., these data help the consumer know about the competitors better.

This report also covers all the regions and countries of the world, which shows a regional development status, including market size.

Table of Contents 

1 Market Definition
1.1 Market Segment Overview
1.2 by Type
1.3 by End-Use / Application

2 Global Market by Vendors
2.1 Market Share
2.2 Vendor Profile
2.3 Dynamic of Vendors

3 Global Market by Type
3.1 Market Share
3.2 Introduction of End-Use by Different Products

4 Global Market by End-Use / Application
4.1 Market Share
4.2 Overview of Consumption Characteristics
4.2.1 Preference Driven
4.2.2 Substitutability
4.2.3 Influence by Strategy
4.2.4 Professional Needs

5 Global Market by Regions
5.1 Market Share
5.2 Regional Market Growth
5.2.1 North America
5.2.2 Europe
5.2.3 Asia-Pacific
5.2.4 South America
5.2.5 Middle East & Africa

8 Asia-Pacific Market
8.1 by Type
8.2 by End-Use / Application
8.3 by Regions

9 South America Market
9.1 by Type
9.2 by End-Use / Application
9.3 by Regions

10 Middle East & Africa Market
10.1 by Type
10.2 by End-Use / Application
10.3 by Regions

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