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Global Online Retail Mobile Payment Transactions Market to 2031 - Featuring Alipay, Amazon Payments, American Express and Apple Among Others

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Research and Markets

Dec 08, 2022, 10:15 ET

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DUBLIN, Dec. 8, 2022 /PRNewswire/ -- The "Online Retail Mobile Payment Transactions Market By Type, By Payment Type, By Age Group, By End User: Global Opportunity Analysis and Industry Forecast, 2021-2031" report has been added to  ResearchAndMarkets.com's offering.

According to this report the online retail mobile payment transactions market was valued at $993.54 billion in 2021, and is estimated to reach $10 billion by 2031, growing at a CAGR of 26.8% from 2022 to 2031.

Mobile payments are a technique to accept and make payments using a smart device, such as a smartphone, smart watch, or tablet. Mobile payments, which utilize encryption technology, extend the security and convenience of typical cash or credit card transactions. By connecting a bank account, a credit card, or a debit card, encryption technology enables merchants or private persons to accept mobile payments.

With evolving technologies, smartphones are increasingly available at reasonable prices and are being affordable for customers, which promote growth of the online retail mobile payment transactions market. In addition, massive adoption of online retail mobile payment transactions for online shopping and development of the mobile payments industry drives the market growth. These factors notably contribute toward the growth of the global online retail mobile payment transactions market.

However, expensive & geo-locational preference of payment gateways and rise in data breaches and security issues while conducting payments are some of the factors that hamper the market growth. On the contrary, payment industry is introducing a gradual shift toward a digital economy across several countries. In addition, surge in adoption of online retail mobile payment transactions across emerging economies and rapid technological advancements in payments sector are expected to provide lucrative opportunities for the market growth in the coming years.

The online retail mobile payment transactions market is segmented into type, payment type, age group, end user, and region. By type, the market is differentiated into proximity payment and remote payment. The proximity payment is further segregated into near filed communication (NFC), and quick response (QR) code. The quick response (QR) code is further segregated into static QR code and dynamic QR code.

The remote payment is further segmented into mobile web payments, SMS/direct carrier billing, digital wallet and others. Depending on payment type, it is fragmented into push payment and pull payment. The age group segment is segmented into 18 to 30 year, 31 to 54 year, 55 to 73 year and others. The end user segment is segregated into personal and business. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The online retail mobile payment transactions market analysis includes top companies operating in the market such as ACI Worldwide, Inc., Alipay.com, Amazon Payments, Inc., American Express, Apple Inc., Block, Inc., FIS, Google, Ingenico, JPMorgan Chase & Co., Mastercard, One97 Communications Limited, PayPal Holdings Inc., Samsung, Visa Inc., PayU, and Obopay. These players have adopted various strategies to increase their market penetration and strengthen their position in the online retail mobile payment transactions industry.

Key Findings of the Study

  • By age group, the 18 to 30 years segment led the highest online retail mobile payment transactions market share, in terms of revenue in 2021.
  • On the basis of payment type, the pull payment segment is expected to exhibit the fastest growth rate during the forecast period.
  • Region wise, Asia-Pacific generated the highest revenue in 2021 in online retail mobile payment transactions market size.
  • The key players operating in the online retail mobile payment transactions market analysis include ACI Worldwide, Inc., Alipay.com, Amazon Payments, Inc., American Express, Apple Inc., Block, Inc., FIS, Google, Ingenico, JPMorgan Chase & Co., Mastercard, One97 Communications Limited, PayPal Holdings Inc., Samsung, Visa Inc., PayU, and Obopay. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

Key Topics Covered:

CHAPTER 1: INTRODUCTION

CHAPTER 2: EXECUTIVE SUMMARY

CHAPTER 3: MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter's five forces analysis
3.4.Top player positioning
3.5.Market dynamics
3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market

CHAPTER 4: ONLINE RETAIL MOBILE PAYMENT TRANSACTIONS MARKET, BY TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Proximity Payment
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.2.4 Proximity Payment Online Retail Mobile Payment Transactions Market by Proximity Payment Type
4.2.4.1 Near Field Communication (NFC) Market size and forecast, by region
4.2.4.2 Near Field Communication (NFC) Market size and forecast, by country
4.2.4.3 Quick Response (QR) Code Market size and forecast, by region
4.2.4.4 Quick Response (QR) Code Market size and forecast, by country
4.3 Remote Payment
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.3.4 Remote Payment Online Retail Mobile Payment Transactions Market by Remote Payment Type
4.3.4.1 Mobile Web Payments Market size and forecast, by region
4.3.4.2 Mobile Web Payments Market size and forecast, by country
4.3.4.3 SMS/Direct Carrier Billing Market size and forecast, by region
4.3.4.4 SMS/Direct Carrier Billing Market size and forecast, by country
4.3.4.5 Digital Wallet Market size and forecast, by region
4.3.4.6 Digital Wallet Market size and forecast, by country
4.3.4.7 Others Market size and forecast, by region
4.3.4.8 Others Market size and forecast, by country

CHAPTER 5: ONLINE RETAIL MOBILE PAYMENT TRANSACTIONS MARKET, BY PAYMENT TYPE
5.1 Overview
5.1.1 Market size and forecast
5.2 Push Payment
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Pull Payment
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country

CHAPTER 6: ONLINE RETAIL MOBILE PAYMENT TRANSACTIONS MARKET, BY AGE GROUP
6.1 Overview
6.1.1 Market size and forecast
6.2 18 to 30 Year
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 31 to 54 Year
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
6.4 55 to 73 Year
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market analysis by country
6.5 Others
6.5.1 Key market trends, growth factors and opportunities
6.5.2 Market size and forecast, by region
6.5.3 Market analysis by country

CHAPTER 7: ONLINE RETAIL MOBILE PAYMENT TRANSACTIONS MARKET, BY END USER
7.1 Overview
7.1.1 Market size and forecast
7.2 Personal
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by region
7.2.3 Market analysis by country
7.3 Business
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by region
7.3.3 Market analysis by country

CHAPTER 8: ONLINE RETAIL MOBILE PAYMENT TRANSACTIONS MARKET, BY REGION

CHAPTER 9: COMPANY LANDSCAPE
9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Key developments

CHAPTER 10: COMPANY PROFILES
10.1 ACI Worldwide, Inc.
10.1.1 Company overview
10.1.2 Company snapshot
10.1.3 Operating business segments
10.1.4 Product portfolio
10.1.5 Business performance
10.1.6 Key strategic moves and developments
10.2 Alipay.com
10.2.1 Company overview
10.2.2 Company snapshot
10.2.3 Operating business segments
10.2.4 Product portfolio
10.2.5 Business performance
10.2.6 Key strategic moves and developments
10.3 Amazon Payments, Inc.
10.3.1 Company overview
10.3.2 Company snapshot
10.3.3 Operating business segments
10.3.4 Product portfolio
10.3.5 Business performance
10.3.6 Key strategic moves and developments
10.4 American Express
10.4.1 Company overview
10.4.2 Company snapshot
10.4.3 Operating business segments
10.4.4 Product portfolio
10.4.5 Business performance
10.4.6 Key strategic moves and developments
10.5 Apple Inc.
10.5.1 Company overview
10.5.2 Company snapshot
10.5.3 Operating business segments
10.5.4 Product portfolio
10.5.5 Business performance
10.5.6 Key strategic moves and developments
10.6 Block, Inc.
10.6.1 Company overview
10.6.2 Company snapshot
10.6.3 Operating business segments
10.6.4 Product portfolio
10.6.5 Business performance
10.6.6 Key strategic moves and developments
10.7 FIS
10.7.1 Company overview
10.7.2 Company snapshot
10.7.3 Operating business segments
10.7.4 Product portfolio
10.7.5 Business performance
10.7.6 Key strategic moves and developments
10.8 Google
10.8.1 Company overview
10.8.2 Company snapshot
10.8.3 Operating business segments
10.8.4 Product portfolio
10.8.5 Business performance
10.8.6 Key strategic moves and developments
10.9 Ingenico
10.9.1 Company overview
10.9.2 Company snapshot
10.9.3 Operating business segments
10.9.4 Product portfolio
10.9.5 Business performance
10.9.6 Key strategic moves and developments
10.10 JPMorgan Chase & Co.
10.10.1 Company overview
10.10.2 Company snapshot
10.10.3 Operating business segments
10.10.4 Product portfolio
10.10.5 Business performance
10.10.6 Key strategic moves and developments
10.11 Mastercard
10.11.1 Company overview
10.11.2 Company snapshot
10.11.3 Operating business segments
10.11.4 Product portfolio
10.11.5 Business performance
10.11.6 Key strategic moves and developments
10.12 One97 Communications Limited
10.12.1 Company overview
10.12.2 Company snapshot
10.12.3 Operating business segments
10.12.4 Product portfolio
10.12.5 Business performance
10.12.6 Key strategic moves and developments
10.13 PayPal Holdings Inc.
10.13.1 Company overview
10.13.2 Company snapshot
10.13.3 Operating business segments
10.13.4 Product portfolio
10.13.5 Business performance
10.13.6 Key strategic moves and developments
10.14 Samsung
10.14.1 Company overview
10.14.2 Company snapshot
10.14.3 Operating business segments
10.14.4 Product portfolio
10.14.5 Business performance
10.14.6 Key strategic moves and developments
10.15 Visa Inc.
10.15.1 Company overview
10.15.2 Company snapshot
10.15.3 Operating business segments
10.15.4 Product portfolio
10.15.5 Business performance
10.15.6 Key strategic moves and developments
10.16 PayU
10.16.1 Company overview
10.16.2 Company snapshot
10.16.3 Operating business segments
10.16.4 Product portfolio
10.16.5 Business performance
10.16.6 Key strategic moves and developments
10.17 Obopay
10.17.1 Company overview
10.17.2 Company snapshot
10.17.3 Operating business segments
10.17.4 Product portfolio
10.17.5 Business performance
10.17.6 Key strategic moves and developments

For more information about this report visit https://www.researchandmarkets.com/r/glc3uo

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Research and Markets
Laura Wood, Senior Manager
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