Global Mobile Wallet Market Research and Forecast 2018-2023

  • ID: 3821020
  • Report
  • Region: Global
  • Orion Market Research Private Limited
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FEATURED COMPANIES

  • Adyen B.V.
  • American Express Company
  • At&T Inc.
  • Boku Inc.
  • DUE Inc.
  • First Data Corporation
  • MORE
The global mobile wallet market is expected to grow impressively with a CAGR of 29.4% during the forecast period (2018-2023). There are a variety of pivotal factors that are driving the global mobile wallet market which includes a global increase in smartphone users, increasing internet users, favorable government policies and technological advancement. Other key factors include rising growth of the e-commerce market and a huge unbanked population across the globe. The key players such as Apple, Google, Alipay, M-Paisa are the major market players in the market. The growing e-commerce industries, internet users and smartphone adoption boosted online transactions, online shopping, online ticket booking and online money transfer across the globe. Cohesive government policies and increasing trends toward cashless transactions contributed to the significant growth of global e-wallet market.

Unbanked population, online shopping and person to person money transfer triggered the growth of the mobile wallet market in emerging economies. Low-middle income economies such as Africa have the most populous unbanked population creating huge scope for mobile wallet companies such as M-Pesa. The rigidity of banks and stringent government rules and policies enable the global mobile wallet to grow significantly in low-middle income countries such as Africa and Nigeria. Emerging economies such as India, China, and Brazil are expected to contribute significantly to the global mobile wallet market. Numerous start-ups and banks are entering into mobile wallet market which is creating a huge opportunity for the market. There is massive demand for mobile wallet applications such as closed-loop payment which has a considerable contribution in the Market.

North America is expected to contribute the highest in the market followed by Europe. North America generates highest revenues across the globe due to the huge adoption of mobile wallet application and mode of payment services. Rigid Banking norms enable the mobile wallet market to grow fast in low-middle income countries such as Africa, Nigeria. Emerging economies such as China, India, and Brazil are expected to create a huge opportunity for the global mobile wallet market due to huge customer base and growth of e-commerce industries. The global mobile wallet market report includes a detailed market overview, market determinants, company profiling, sector analysis, market segmentation, geographical analysis, strategic recommendations, key company analysis, key findings, market insights, analyst insights and predictive analysis of the market.

The key players of the global mobile wallet market include First Data Corporation, M-Pesa, Google Inc., American Express, Alipay, VISA, Softcard, Apple Pay, AT&T, Mastercard, Samsung. Other companies profiled in the report include Dwolla Corp, Bank of America, China UnionPay. M&A, product expansion, product launch, and partnership are the key strategy adopted in the global mobile wallet market. Global mobile wallet market players are constantly focusing on expansion, product launch, R&D, innovation and technological advancement. Rising competition makes the global mobile wallet market dynamic and fast growing.

Research Methods and Tools

The market study of the mobile wallet market is incorporated by extensive primary and secondary research. Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macroeconomic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.

Secondary sources include
  • Financial/annual reports of companies involved in the market
  • Forward-looking statement of key mobile wallet market
  • Authentic Public Databases
  • Whitepapers, research-papers and news blogs
  • Company websites and their product catalog.
  • Investment from global giants and emerging companies
The report is intended for mobile wallet market players, potential entrants, healthcare provider, universities for overall market insights. The report provides an in-depth analysis of pricing, market size, market determinants, competitive landscape and so forth. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models such as PEST analysis delivering insights into the market for better business decisions.

Market Segmentation

1. Global Mobile and e-Wallet Market Research and Analysis, By Application
2. Global Mobile and e-Wallet Market Research and Analysis, By Mode of Payment
3. Global Mobile and e-Wallet Market Research and Analysis, By Stakeholder
4. Global Mobile and e-Wallet Market Research and Analysis, By Region

The Report Covers:
  • Comprehensive research methodology of the Global Mobile Wallet Market.
  • This report also includes a detailed and extensive market overview with key analyst insights.
  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting the Global Mobile Wallet Market.
  • Insights about market determinants which are stimulating the Global Mobile Wallet Market.
  • Detailed and extensive market segments with regional distribution of forecasted revenues.
  • Extensive profiles and recent developments of market players.
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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Adyen B.V.
  • American Express Company
  • At&T Inc.
  • Boku Inc.
  • DUE Inc.
  • First Data Corporation
  • MORE
Chapter 1. Report Summary
1.1. Research Methods and Tools
1.2. Historical Analysis
1.3. Market Breakdown
1.3.1. by Segments
1.3.2. by Geography
1.3.3. by Stakeholders
1.3.4. Exceptions

Chapter 2. Market Overview and Insights
2.1. Definition
2.2. Analyst Insights & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendation
2.2.3. Conclusion
2.3. Regulation
2.3.1.1. United States
2.3.1.2. European Union
2.3.1.3. China
2.3.1.4. India

Chapter 3. Market Determinant
3.1. Motivators
3.1.1. Rise In Adoption of Mobile Wallet Services by Varied Businesses and Merchants
3.1.2. Stringent and Rigid Banking Policies
3.1.3. Rising Smartphone and Tablet Users
3.1.4. Unbanked Population To Boost the Global Mobile Wallet Market
3.1.5. Cohesive Government Policies
3.2. Restraint
3.2.1. Data Privacy Issues
3.2.2. Rising Spyware and Malware Attack All Across the Globe
3.2.3. Increase In Cyber Crime
3.3. Opportunity
3.3.1. Growing E-Commerce Industries Across the Globe
3.3.2. Huge Investment In Mobile Payment Market by Global Giants
3.3.3. Significant Growth In E-Commerce Industry
3.3.4. Rise In Internet Users Across the Globe

Chapter 4. Market Segmentation
4.1. Global Mobile Wallet Market, by Application
4.1.1. Entertainment and Event Pay
4.1.2. Utilities Payments
4.1.3. Traveling & Hotel Booking
4.1.4. Shopping
4.1.5. Mobile Transfer
4.1.6. Other Micro Payments
4.1.7. Coupons
4.2. Global Mobile Wallet Market, by Mode of Payment
4.2.1. Nfc Payment
4.2.2. Remote Payment
4.3. Global Mobile Wallet Market, by Stakeholders
4.3.1. Wallet Provider
4.3.1.1. Mobile Operator
4.3.1.2. Banks
4.3.1.3. Private Companies
4.3.2. Point of Sale (Pos)
4.3.2.1. Retail
4.3.2.2. Travel & Entertainment
4.3.2.3. Utilities
4.3.2.4. Other
4.3.3. Payment Processor
4.3.3.1. Card Issuer Bank
4.3.3.2. Processor & Gateway
4.3.3.3. Card Issuer Company
4.3.3.4. Point of Sale Payment Provider

Chapter 5. Competitive Landscape
5.1. Key Strategies
5.2. Key Company Analysis

Chapter 6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. Uk
6.2.2. Germany
6.2.3. France
6.2.4. Italy
6.2.5. Spain
6.2.6. Rest of Europe
6.3. Apac
6.3.1. India
6.3.2. China
6.3.3. Japan
6.3.4. Rest of Apac
6.4. Rest of the World

Chapter 7. Company Profiles
7.1. Adyen B.V.
7.2. Airtel Payments Bank Limited
7.3. Alipay (China) Internet Technology Company Limited
7.4. Allied Wallet, Inc.
7.5. American Express Company
7.6. Apple Inc. (Apple Inc.)
7.7. At&T Inc.
7.8. Authorize.Net.
7.9. Boku Inc.
7.10. China Unionpay Co., Ltd.
7.11. Dwolla, Inc.
7.12. Due Inc.
7.13. First Data Corporation
7.14. Google Inc. (Google Wallet, Android Pay)
7.15. Jpmorgan Chase & Co. (Chase Pay)
7.16. Mastercard Incorporated
7.17. Paypal Holdings, Inc.
7.18. Softbank Group Corp.
7.19. Samsung
7.20. Vodacom Group Limited (M Pesa)
7.21. Visa Inc.
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  • Adyen B.V.
  • Airtel Payments Bank Limited
  • Alipay (China) Internet Technology Company Limited
  • Allied Wallet, Inc.
  • American Express Company
  • Apple Inc. (Apple Inc.)
  • At&T Inc.
  • Authorize.Net.
  • Boku Inc.
  • China Unionpay Co., Ltd.
  • Dwolla, Inc.
  • DUE Inc.
  • First Data Corporation
  • Google Inc. (Google Wallet, Android Pay)
  • Jpmorgan Chase & Co. (Chase Pay)
  • Mastercard Incorporated
  • Paypal Holdings, Inc.
  • Softbank Group Corp.
  • Samsung
  • Vodacom Group Limited (M Pesa)
  • Visa Inc.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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