TechNavio’s analysts forecast the Global Mobile Commerce Payment market to grow at a CAGR of 80.2 percent over the period 2011–2015. One of the key factors contributing to this market growth is the increasing adoption of mobile devices. The Global Mobile Commerce Payment market has also been witnessing increasing uses of mobile payment for digital goods and ticketing purchase. However, the need to protect financial information could pose a challenge to the growth of this market
TechNavio’s report, the Global Mobile Commerce Payment Market 2011–2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Mobile Commerce Payment market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market space include Citibank, PayPal Inc., Google Inc., and Isis
Key questions answered in this report:
What will the market size be in 2015 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?
01. Executive Summary
03. Market Coverage
04. Market Landscape
05. Geographical Segmentation
06. Key Leading Countries
07. Vendor Landscape
08. Buying Criteria
09. Market Growth Drivers
10. Drivers and their Impact
11. Market Challenges
12. Impact of Drivers and Challenges
13. Market Trends
14. Key Vendor Analysis
14.2 PayPal Inc.
14.3 Google Inc.
15. Other Reports in this Series
List of Exhibits:
Exhibit 1: Global Mobile Commerce Payment Market 2011–2015 (US$ billion)
Exhibit 2: Global Mobile Commerce Payment Market 2011–2015 (million users)
Exhibit 3: Global Mobile Commerce Payment Market by Geographical Segmentation 2011
TechNavio Announces the Publication of its Report – Global Mobile Commerce Payment Market 2011–2015
TechNavio today launched its report Global Mobile Commerce Payment Market 2011–2015 based on an in-depth study covering the Americas, and EMEA and the APAC regions. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Telecom team said; “Mobile payment mode is widely used in developing countries to purchase goods and tickets digitally. In North America and Europe, the use of mobile ticketing and digital purchases is growing rapidly. Ticketing and digital purchases are expected to grow explosively in the coming years. Digital goods such as ringtones, games, wallpaper, mobile applications, and mobile ticketing account for the largest share of the Mobile Commerce Payment market.”
According to the report, the high adoption rate of mobile devices has increased the use of mobile internet services, which can further increase the adoption of mobile payments. Users can also use short message service (SMS) as another option to make mobile payments. SMS is currently the most-used mode of mobile payment.
Further, the report also discusses that one of the main challenges in the Global Mobile Commerce Payment market is that end-users are concerned about the security of mobile payments.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.