The Mobile Payment Market size is expected to grow at an annual average of 5% during 2021-2027. Mobile payments are an alternative to traditional payment systems, where cash, check or credit card is the payment method. Mobile payments provide a way for customers to purchase goods or services using wireless devices such as smartphones and tablets. In addition, mobile payment uses various technologies such as Near Field Communication (NFC), SMS-based transaction payment, and mobile direct billing to increase the security of transactions and provide hassle-free transactions.
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The following segmentation are covered in this report:
By End User
- Personal
- Business
By Purchase Type
- Airtime Transfer & Top-ups
- Money Transfers & Bill Payments
- Merchandise & Coupons
- Travel & Ticketing
- Others
By Application
- Media & Entertainment
- Energy & Utilities
- Healthcare
- Retail
- Hospitality & Transportation
- Others
Company Profile
- American express company
- Apple Inc.
- Google, LLC
- JPMorgan Chase & Co
- Mastercard
- One97 Communications Limited
- PayPal Holdings, Inc.
- PayU
- Samsung
- Visa Inc.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Mobile Payment Market
- The market share of the global Mobile Payment Market supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Mobile Payment Market
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Mobile Payment Market
Scope of the report
The research study analyses the Mobile Payment Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent developments
- Market overview and growth analysis
- Import and export overview
- Volume analysis
- Current market trends and future outlook
- Market opportunistic and attractive investment segment
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Geographic coverage
- North america market size and/or volume
- Latin america market size and/or volume
- Europe market size and/or volume
- Asia-pacific market size and/or volume
- Rest of the world market size and/or volume
Key Questions Answered by Mobile Payment Market Report
- What was the Mobile Payment Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027)
- What will be the CAGR of Market during the forecast period (2021-2027)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
- Which manufacturer/vendor/players in the Mobile Payment Market was the market leader in 2020?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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