According to the recent report published by Decision foresight, A Mobile Payment is money transfer or payment that made for a service or a product by using electronic gadgets such as mobile, tab, and smartphone. In the mobile transaction, a code is generated that can be send by (over the air) OTA or manually this is done by internet connection. About 80% global population use mobile or smartphones in day to day life. In 2019 60% people using mobile payment for services and product.

Market Overview:

Payment can be done at any time by using it, account balance can be check from anywhere, it is cost effective, and risk free are the some advantages of mobile payment. Privacy issue, not supported in some smart phones, and payment error are some disadvantages of it. In 2016 Global mobile payment market was valued USD 1.5 billion in 2020 trillion and it anticipated to reach USD 18.9 billion in 2030, with 28.60% CAGR in forecast period.

The report titled "Mobile Payment Market - Global Trends, Market Share, Industry Size, Growth, Opportunities, and Forecast - 2020 – 2030" offers a holistic view of the `Mobile Payment industry encompassing numerous stakeholders including raw material suppliers, providers, distributors, consumers and government agencies, among others. Furthermore, the report includes detailed quantitative and qualitative analysis of the global Mobile Payment Market considering market history, product development, regional dynamics, competitive landscape, and key success factors (KSFs) in the industry.

Browse Full report on Global Mobile Payment Market at https://www.decisionforesight.com/reports/mobile-payment-market

Mobile Payment Market report summarizes the positive growth rate inupcoming years, and market size with competitive analysis. Our experts have analyzed the historical data to compare with the current market scenario to calculate the market growth in the coming years. The study provides an exhaustive report that includes an executive summary, scope, and forecast of the market.

Key Questions Answered by Mobile Payment Market Report

Product popularity and adoption based on various country-level dynamics

Regional presence and product development for leading market participants

Market forecasts and trend analysis based on ongoing investments and economic growth in key countries

Competitive landscape based on revenue, product offerings, years of presence, number of employees and market concentration, among others

Number of employees and market concentration, among others

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Key Players:

Orange S.A.
MasterCard Incorporated
Vodacom Group Limited
MTN Group Limited
Bharti Airtel Limited
PayPal Holdings, Inc.
Econet Wireless Zimbabwe Limited
Mahindra Comviva
Millicom International Cellular.
Market Segmentation:

By Mode of Transaction

SMS
NFC
WAP
By Application

Entertainment
Energy & Utilities
Healthcare
Retail
Hospitality & Transportation
Others
By Type

Mobile Wallet/Bank Cards
Mobile Money
By Region

North America
USA
Mexico
Canada
Europe
UK
Spain
Italy
Germany
France
Asia-Pacific
Japan
Australia
India
China
Rest of Asia-Pacific
ROW
Latin America
Africa
Middle East
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