DUBLIN, Jan. 31, 2019 /PRNewswire/ --
The "Mobile Wallet - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.
Global Mobile Wallet market accounted for $880.21 billion in 2017 and is expected to reach $9,352.15 billion by 2026 growing at a CAGR of 30.0% from 2017 to 2026.
The factors that are driving the market growth include rising awareness regarding mobile wallets and their applications, growing smart phone penetration and escalating benefits of mobile wallets. However, factors such as investment and deployment issues are restraining the market growth.
Mobile wallet is a digital form of debit card, credit card, or prepaid card information on mobile devices used for sending or receiving payment and to do online money transaction. Mobile wallet can give another method for physical plastic card to make fast purchase through mobile apps. They are tremendously suitable for regular payments such as utility bill payments, groceries etc., and has gained extensive popularity in a variety of sectors such as retail, utilities, telecom, and transportation, among others.
Amongst Application, retail segment accounted for significant market share during the forecast period. The growth of the retail segment can be attributed to the rising number of retail stores across the globe and the demand for convenient transactions.
By geography, Asia-Pacific is dominating the global market during predicted period. This growth in the market in the Asia Pacific countries is due to the declining smartphone prices. The demonetization in India has led to the fast acceptance of mobile wallet payment modes which rising the per day transactions by tenfold.
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Key Topics Covered:
1 Executive Summary
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.5 Research Sources
3 Market Trend Analysis
3.6 Application Analysis
3.7 Mode of Payment Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Mobile Wallet Market, By Consumer Type
5.2 Card Users
5.3 Online Shoppers
5.4 Cash Payers
6 Global Mobile Wallet Market, By Functionality
6.2 Multiple Function
6.3 Single Function
6.4 Universal Function
7 Global Mobile Wallet Market, By User Age Group
7.2 Age group 30-44 years
7.3 Age group 60 years and above
7.4 Age group 18-29 years
7.5 Age group 45-59 years
8 Global Mobile Wallet Market, By Application
8.2 Mobile Coupons
8.3 Money Transfer
8.4 Mobile Commerce Transactions
8.4.1 Hotel Booking and Payments
8.4.3 Entertainment and Event Pay
8.4.4 Bill Payments
8.5 Mobile Ticketing
8.5.1 Rail, Metro and Bus Tickets
8.5.2 Airline Tickets and Boarding Passes
8.7 Other Applications
9 Global Mobile Wallet Market, By Mode of Payment
9.2 Near field communication (NFC)
9.3 Remote Payments
9.4 Short Message Service (SMS)
9.5 Wireless Application Protocol (WAP)
10 Global Mobile Wallet Market, By Geography
10.2 North America
10.4 Asia Pacific
10.5 South America
10.6 Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Mode of Payment Launch
11.5 Other Key Strategies
12 Company Profiling
12.1 Visa Inc.
12.2 Sprint Corporation
12.3 Samsung Electronics Co., Ltd.
12.4 Microsoft Corp. Inc
12.5 MasterCard Incorporated
12.6 Google Inc.
12.7 First Data Corporation
12.8 Citrus Payment Solutions
12.10 Blackberry Ltd.
12.11 Bank of America
12.12 AT&T INC.
12.13 Apple Inc.
12.14 American Express
12.20 One97 communications
12.22 Airtel Money
For more information about this report visit https://www.researchandmarkets.com/research/qgpxtq/9352_15_bn?w=5
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SOURCE Research and Markets