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Market Definition: Mobile Payment Technologies Market
Information and data mentioned in this report is collected from primary and the secondary sources which has obtained from various printable and non-printable sources like search engines, news websites, global regulatory authorities websites, trade journals, white papers, magazines, books, trade associations, industry associations, industry portals and access to available databases. The report segments the competitive landscape and boost the information pertaining the market share of each zone of the Industry.
Global mobile payment technologies market is expected to register a healthy CAGR of 35.48% in the forecast period of 2019-2026.
Mobile payment technologies are the services provided by various financial institutions, network providers and digital financial merchants wherein the users can transact with individuals & organization’s with the help of their smartphones, smart devices in the financial sense for the exchange of products & services availed by the user. The integration of these technologies with smart devices transforms them into a mode of payment operations, helping in secure financial transactions.
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Key Market Competitors: Mobile Payment Technologies Market
Few of the major competitors are Visa; Ant Financial; Airtel India; Boku Inc.; Apple Inc.; AT&T Intellectual Property; Mastercard; Google; Fortumo; American Express Company; PayPal; Tencent; Vodafone Group; Fiserv, Inc.; Microsoft; First Data Corporation; BlueSnap Inc.; Global Payments Inc.; Paytm; SIX Card Solutions; Worldpay, LLC; Wirecard; ACI Worldwide, Inc.; Novatti Group Limited; PayUmoney; Paysafe Holdings UK Limited; Stripe; Dwolla; MTN Group Management Services (Pty) Ltd; Orange; Millicom; Safaricom; Comviva and among others.
Major Topics Covered in this Report:
Chapter 1 Study Coverage
Chapter 2 Executive Summary
Chapter 3 Market Size by Manufacturers
Chapter 4 Production by Regions
Chapter 5 Consumption by Regions
Chapter 6 Market Size by Type
Chapter 7 Market Size by Application
Chapter 8 Manufacturers Profiles
Chapter 9 Production Forecasts
Chapter 10 Consumption Forecast
Chapter 11 Upstream, Industry Chain and Downstream Customers Analysis
Chapter 12 Opportunities & Challenges, Threat and Affecting Factors
Chapter 13 Key Findings
Chapter 14 Appendix
Major Market Drivers & Restraints are as follows:
- Increased levels of users of smartphones, smart devices availing the usage of internet is expected to drive the growth of the market
- Availability of innovative methods of usage and advancements in technology; the market is expected to be driven by this factor
- Concerns regarding security and threats of hacking private information is expected to restrain the growth of the market
- Lack of regulations and standards to transact with individuals and organisations in different regions or across borders; this factor is expected to restrain the growth of the market
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Global mobile payment technologies market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of mobile payment technologies market for global, Europe, North America, Asia-Pacific and South America.
Market Segmentation: Mobile Payment Technologies Market
- Proximity Payment
- Near Field Communication (NFC)
- QR Code Payment
- Remote Payment
- Short Message Service-Based (SMS-Based)
- Direct Operator Billing
- Digital Wallet
- Unstructured Service Supplementary Data/Sim Tool Kit (USSD/STK)
By Purchase Type
- Airtime Transfers & Top-Ups
- Merchandise & Coupons
- Money Transfers & Payments
- Travel & Ticketing, Others
- Banking, Financial Services & Insurance (BFSI)
- Media & Entertainment
- Hospitality & Tourism
- IT & Telecommunications
- North America
- South America
- Rest of South America
- United Kingdom
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