This report provides a quantitative analysis of the mobile payment market for the 2007-2012 period. Despite great uncertainties, Ovum has tried to provide a realistic picture of future developments for mobile payments. It follows a recent piece entitled ‘Mobile payments: progressing towards large-scale deployments’ which detailed the market trends and key case studies of players and projects in this space.
Ovum forecasts three mobile payment market segments - mobile contactless payments, online shopping and money transfers - and has excluded three types of transactions: mobile content payments, prepaid airtime purchase and international remittances.
