Mobile Payment MarketMobile payment (also referred to as mobile money, mobile money transfer, and mobile wallet) generally refer to payment services operated under financial regulation and performed from or via a mobile device. Instead of paying with cash, cheque, or credit cards, a consumer can use a mobile to pay for a wide range of services and digital or hard goods.
Global Mobile Payment Market Size, Status and Forecast 2023.” The report shows a comprehensive outline of the entire advancement heading of the market over the forecast period. Distinguishing areas have been considered to give the readers a far-reaching overview of the entire market situation. The various factors supporting the market’s trajectory and those posing threat are studied in the report in detail. The rise in demand for easy and hassle-free purchase of goods and services results in increased preference of consumers toward digital and cashless payments. Several global players, such as Apple and Samsung, have designed new strategies to expand their reach and gain a larger share in the global mobile payment market.
Mobile Payment Market is anticipated to grow at a CAGR of +32 % from 2017 to 2023 to attain a market size of $+4,572 billion by 2023
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The research study helps in presenting answers to several questions associated with the Global Mobile Payment Market. bifurcated into mobile wallets/bank cards and mobile money. With the growth in awareness about mobile wallets, along with launch of mobile wallet apps such as Google wallets and Paytm, the mobile wallet segment is expected to witness robust growth in the coming years. However, mobile money is expected to remain the major revenue contributor throughout the analysis period. Based on application, retail occupied the largest share in the mobile payment market in 2016. With the advent of hotels and car rental apps, the hospitality & transportation segment is projected to witness the highest growth rate to reach +$1,087,650 million by 2023
Report studies the market for Mobile Payment from a global perspective while also analyzing it for key regional markets, including North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. On these fronts, the market is analyzed on the basis of criteria such as market value, key segments, market volume, and distribution channels
The findings compiled in the report will help stakeholders in their industrial and financial planning, campaign modeling, and will also help them explore greener pastures for their business within the regions covered. The information will also help stakeholders monitor competitive trends prevailing in the market and make use of them in the formulation of future market strategies.
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Primary and secondary research techniques for gathering the most crucial pieces of professional information and applies a number of industry-best techniques upon the data for projecting the future state of the Global Mobile Payment Market. On the basis of the current market growth, the report includes an investigation of how activities such as mergers and shapes the market’s future. The report additionally concentrates the market insights of the organizations and suggestions that will help the readers to have progressive learning of the Mobile Payment market
Table of Content:
Chapter 1 Mobile Payment Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
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