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Global Mobile Wallet Market Size, Status and Forecast 2020-2026
SKU ID : QYR-15865341 | Publishing Date : 30-Jun-2020 | No. of pages : 99
A mobile wallet is a form of e-commerce model that is made to be used with mobile devices and offers convenience and easy access. It provides service of the online transaction for every single operation in a routine. Mobile wallet offers various facilities such as debit, credit and online transaction from a bank account.
Mobile wallet is a technology where debit and credit card information can be stored in the smart phone. In the other words instead of keeping the physical cards, one can just pay the bill with the help of the smart phone where the credentials of bank details, card and internet banking information is stored. As the technology is growing and government of various countries are promoting digital economy, the mobile wallet market is expected to grow immensely. Increasing uses of smartphone and growing e-commerce industry are some of the major factor which is supporting the market of mobile wallet around the world whereas growing security proliferation and security are some of the major restraint to the market.
Market Analysis and Insights: Global Mobile Wallet Market
The global Mobile Wallet market size is projected to reach US$ 72290 million by 2026, from US$ 64000 million in 2020, at a CAGR of 12.0%% during 2021-2026.
Global Mobile Wallet Scope and Market Size
Mobile Wallet market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Mobile Wallet market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Alibaba
Apple
Citrus Payment Solutions
Google
MasterCard
Oxigen Services
PayPal Holdings
Samsung Electronics
Visa
Entertainment
Travel and leisure
Banking
Retail
Retail stores
Transportation
Grocery stores
Restaurants
Vending machines
North America
Europe
China
Japan
Southeast Asia
India
Mobile wallet is a technology where debit and credit card information can be stored in the smart phone. In the other words instead of keeping the physical cards, one can just pay the bill with the help of the smart phone where the credentials of bank details, card and internet banking information is stored. As the technology is growing and government of various countries are promoting digital economy, the mobile wallet market is expected to grow immensely. Increasing uses of smartphone and growing e-commerce industry are some of the major factor which is supporting the market of mobile wallet around the world whereas growing security proliferation and security are some of the major restraint to the market.
Market Analysis and Insights: Global Mobile Wallet Market
The global Mobile Wallet market size is projected to reach US$ 72290 million by 2026, from US$ 64000 million in 2020, at a CAGR of 12.0%% during 2021-2026.
Global Mobile Wallet Scope and Market Size
Mobile Wallet market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Mobile Wallet market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
The key players covered in this study
Alibaba
Apple
Citrus Payment Solutions
MasterCard
Oxigen Services
PayPal Holdings
Samsung Electronics
Visa
Market segment by Type, the product can be split into
Entertainment
Travel and leisure
Banking
Retail
Market segment by Application, split into
Retail stores
Transportation
Grocery stores
Restaurants
Vending machines
Market segment by Regions/Countries, this report covers
North America
Europe
China
Japan
Southeast Asia
India
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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