Welcome to
On Feet Nation
Catherine Online
Thomas Shaw Online
farhan Online
Posted by Verasimo on April 27, 2024 at 9:45am 0 Comments 0 Likes
Posted by Verasimo on April 27, 2024 at 9:45am 0 Comments 0 Likes
Global Mobile Payments Market Analysis
The global Mobile Payments Market size is predicted to touch USD 3,300 billion at a 32% CAGR between 2017- 2023, states the recent Market Research Future (MRFR) analysis. Mobile payment, simply put, is the payment of services or goods or transfer of money with smartphones/mobiles. This form of payment is used in different operations such as buying movie tickets, smartphone game upgrades, ordering takeaway food, and others.
Various factors are propelling the global mobile payments market share. According to the recent MRFR report, such factors include increasing use during COVID-19 pandemic, increased penetration of internet and smartphone users worldwide, changing lifestyle, booming retail industry, daily commerce, rigorous investments in mobile payment technology, and governments encouraging banks to develop infrastructure for secure and safe mobile payments especially in rural areas.
Get Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/2922
On the contrary, the gap between the adoption of mobile payment technology and closing the gap may limit the global mobile payments market growth over the forecast period.
Market Segmentation
The MRFR report highlights an inclusive segmental analysis of the global mobile payments market based on end use application, mode of transaction, and mode of payment.
By mode of payment, the global mobile payments market is segmented into mobile wallet/bank cards and mobile money. Of these, the mobile wallet/bank cards segment will lead the market over the forecast period.
By mode of transaction, the global mobile payments market is segmented into near field communication (NFC), short message service (SMS), and wireless application protocol (WAP). Of these, the near field communication (NFC) segment will dominate the market over the forecast period.
By mode of application, the global mobile payments market is segmented into hospitality, retail, entertainment, healthcare, education, and others. Of these, the retail segment will have a major share in the market over the forecast period.
Regional Analysis
Based on the region, the global mobile payments market covers the growth opportunities and recent trends across Europe, North America, the Asia Pacific (APAC), and the Rest of the World (RoW).
Of these, the APAC region will dominate the market over the forecast period. The rise in smartphone users, growing awareness about mobile banking, rising internet penetration, favorable government approaches to promote the digital economy, and heavy investments to promote mobile solutions and mobile payments are adding to the global mobile payment technologies market growth in the region.
Get Complete Report Details at: https://www.marketresearchfuture.com/reports/mobile-payments-market...
The global mobile payment technologies market in Europe is predicted to hold the second-largest share over the forecast period. Established technological infrastructure, the involvement of global industry players, high literacy rates, awareness about digital systems among European citizens, and innovative payment solutions through smartphones are adding to the global mobile payment technologies market growth in the region. Germany holds the utmost share in the market.
The global mobile payment technologies market in North America is predicted to have favorable growth over the forecast period. Rich advances in technology in Canada and the US, the presence of global industry players, developed payment methods, and increasing adoption of reward systems and payback are adding to the global mobile payment technologies market growth in the region. Canada & the US possess a maximum share in the market.
The mobile payment technologies market in the RoW is predicted to have sound growth over the forecast period. Rising penetration of smartphones and the internet, less use of credit cards, and increasing use of mobile phones are adding to the global mobile payment technologies market growth in the region.
Key Players
Leading contenders profiled in the global mobile payment technologies market report include Square, Inc. (U.S.), Paytm (India), Samsung Group (South Korea), MasterCard Incorporated (U.S.), General Motors Company (U.S.), PayPal holdings, Inc. (U.S.), Starbucks Corporation (U.S.), Apple (U.S.), Amazon.com, Inc. (U.S.), and Alipay.com (China).
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email: [email protected]
Excellent website! I adore how it is easy on my eyes it is. I am questioning how I might be notified whenever a new post has been made. Looking for more new updates. Have a great day! 拼多多娛樂城
Awesome and interesting article. Great things you've always shared with us. Thanks. Just continue composing this kind of post. Kanados vizos prašymas
Nice post. I was checking constantly this blog and I am impressed! Extremely helpful information specially the last part I care for such info a lot. I was seeking this particular information for a very long time. Thank you and good luck. indian e visa eligibility antigua and barbuda citizens
Wow, this is really interesting reading. I am glad I found this and got to read it. Great job on this content. I like it. أهلية تأشيرة الهند تأشيرة الهند للمواطنين البليزيين
Nice to be visiting your blog once more, it has been months for me. Well this article that ive been waited for therefore long. i want this article to finish my assignment within the faculty, and it has same topic together with your article. Thanks, nice share. Reiseführer für gut übersetzte saudische Visumdokumente
Very efficiently written information. It will be beneficial to anybody who utilizes it, including me. Keep up the good work. For sure i will check out more posts. This site seems to get a good amount of visitors. Συνήθεις ερωτήσεις για τις βίζες του Βιετνάμ
Nice to read your article! I am looking forward to sharing your adventures and experiences. vietnam visa for armenian citizens
This is such a great resource that you are providing and you give it away for free. I love seeing blog that understand the value of providing a quality resource for free. Turistické vízum na Novém Zélandu
Cool stuff you have got and you keep update all of us. sm66
This particular papers fabulous, and My spouse and i enjoy each of the perform that you have placed into this. I’m sure that you will be making a really useful place. I has been additionally pleased. Good perform! canada eta for cyprus citizens
© 2024 Created by PH the vintage. Powered by
You need to be a member of On Feet Nation to add comments!
Join On Feet Nation