Global Mobile Payment Market 2017-2021

  • ID: 4376162
  • Report
  • Region: Global
  • 72 pages
  • TechNavio
OFF
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 5

FEATURED COMPANIES

  • Alibaba Group
  • Bank of America
  • FIS
  • LevelUp
  • One97 Communication
  • PayPal
  • MORE
About Mobile Payment

Mobile payments are the payments made using mobile devices such as cell phones or tablets, using mobile money or mobile wallets. Technological innovations and rapid technological advances are changing the way people connect with each other and manage their finances. With the advent of mobile banks, users are able to conduct monetary transactions with ease. Mobile banking is an affordable alternative to the traditional banking ways.

The analysts forecast the global mobile payment market to grow at a CAGR of 35.55% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global mobile payment market for 2017-2021. To calculate the market size, the report considers mobile payment transaction values.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Mobile Payment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

Key vendors
  • FIS
  • Gemalto
  • MasterCard
  • PayPal
  • Alibaba Group
  • Apple
  • Google
  • Samsung Electronics
Other prominent vendors
  • Bharti Airtel
  • American Express
  • Bank of America
  • Citrus Payment Solutions
  • LevelUp
  • MobiKwik
  • One97 Communication
  • Orange
  • Oxigen
  • Square
  • Venmo
  • Visa
  • ZipCash Card Services
Market drivers
  • Increasing use of mobile devices
  • For a full, detailed list, view the full report
Market challenges
  • Security of mobile payment apps
  • For a full, detailed list, view the full report
Market trends
  • Cloud-based mobile payment solutions
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
READ MORE
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Alibaba Group
  • Bank of America
  • FIS
  • LevelUp
  • One97 Communication
  • PayPal
  • MORE
PART 01:Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by mode of transaction
  • Global mobile payment market by mode of transaction
  • Global mobile payment market by WAP
  • Global mobile payment market by direct carrier billing
  • Global mobile payment market by SMS
  • Global mobile payment market by NFC
PART 07: Market segmentation by type of payment
  • Global mobile payment market by type of payment
  • Global mobile payment market by mobile wallet
  • Global mobile payment market by mobile money
PART 08: Geographical segmentation
  • Global mobile payment market by geography
  • Mobile payment market in APAC
  • Mobile payment market in Americas
  • Mobile payment market in EMEA
PART 09: Key leading countries
  • China
  • US
  • UK
PART 10: Decision framework

PART 11: Drivers and challenges
  • Market drivers
  • Market challenges
PART 12: Market trends
  • Cloud-based mobile payment solutions
  • Emergence of mPOS
  • Popularity of bitcoins
PART 13: Vendor landscape
  • Competitive scenario
  • Mobile money vendors
  • Mobile wallet vendors
  • Other prominent vendors
PART 14: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: External factors that affect mobile payment transactions
Exhibit 02: Global mobile payment market
Exhibit 03: Global mobile payment market 2016-2021 ($ billions)
Exhibit 04: Five forces analysis
Exhibit 05: Global mobile payment market by mode of transaction 2016 and 2021 (% share of revenue)
Exhibit 06: Global mobile payment market by mode of transaction 2016-2021 ($ billions)
Exhibit 07: Global mobile payment market by WAP 2016-2021 ($ billions)
Exhibit 08: Global mobile payment market by direct carrier billing 2016-2021 ($ billions)
Exhibit 09: Global mobile payment market by SMS 2016-2021 ($ billions)
Exhibit 10: Global mobile payment market by NFC 2016-2021 ($ billions)
Exhibit 11: Global mobile payment market by the type of payment 2016 and 2021 (% share of revenue)
Exhibit 12: Global mobile payment market by the type of payment 2016-2021 ($ billions)
Exhibit 13: Global mobile payment market by mobile wallet 2016-2021 ($ billions)
Exhibit 14: Global mobile payment market by mobile money 2016-2021 ($ billions)
Exhibit 15: Global mobile payment market by geography 2016 and 2021 (% share of revenue)
Exhibit 16: Global mobile payment market by geography 2016-2021 ($ billions)
Exhibit 17: Mobile payment market in APAC 2016-2021 ($ billions)
Exhibit 18: Mobile payment market in the Americas 2016-2021 ($ billions)
Exhibit 19: Mobile payment market in EMEA 2016-2021 ($ billions)
Exhibit 20: Key leading countries (Market share)
Exhibit 21: Mobile payment market in China 2016-2021 ($ billions)
Exhibit 22: Mobile payment market in the US 2016-2021 ($ billions)
Exhibit 23: Mobile payment market in the UK 2016-2021($ billions)
Exhibit 24: Global mobile device shipment 2011-2016 (millions of units)
Exhibit 25: Other prominent vendors
Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5

FEATURED COMPANIES

  • Alibaba Group
  • Bank of America
  • FIS
  • LevelUp
  • One97 Communication
  • PayPal
  • MORE
New Report Released: – Global Mobile Payment Market 2017-2021

The author of the report recognizes the following companies as the key players in the global mobile payment market: FIS, Gemalto, MasterCard, PayPal, Alibaba Group, Apple, Google, and Samsung Electronics.

Other Prominent Vendors in the market are: Bharti Airtel, American Express, Bank of America, Citrus Payment Solutions, LevelUp, MobiKwik, One97 Communication, Orange, Oxigen, Square, Venmo, Visa, and ZipCash Card Services.

Commenting on the report, an analyst from the research team said: “One trend in the market is cloud-based mobile payment solutions. Cloud-based mobile payment solutions are gaining momentum worldwide, owing to the rise in the technological innovations that provide customers with the capabilities to use digital wallets. Technological convenience is also increasing at a faster pace. Cloud-based mobile payment solutions offer new levels of convenience.”

According to the report, one driver in the market is increasing use of mobile devices. The use of mobile devices has increased significantly over the years. This is mainly because of the increase in the number of applications offered by smartphones and the safety offered by these applications while handling financial transactions. Smartphones were used by more than 2 billion people in 2016. With the growing digitization and the rise in the number of smartphones, the demand for mobile payment services is increasing. Mobile payments are quickly evolving and gaining popularity, with more number of recognizable brands stepping into the mobile payment industry.

Further, the report states that one challenge in the market is security of mobile payment apps. Security is the major concern when it comes to one-touch mobile payments. As mobile payment apps store the financial details of the users, many customers still are afraid and concerned about the security of their details. The details stored on the cell phones can be easily intercepted by anyone, which results in the loss of important financial information. Therefore, to prevent the loss of the financial data of the customers, merchants and service providers are implementing extremely stringent procedures, abiding by the standards set by the Payment Card Industry Data Security Standard (PCI DSS).

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 vendors.
Note: Product cover images may vary from those shown
5 of 5
  • FIS
  • Gemalto
  • MasterCard
  • PayPal
  • Alibaba Group
  • Apple
  • Google
  • Samsung Electronics
  • Bharti Airtel
  • American Express
  • Bank of America
  • Citrus Payment Solutions
  • LevelUp
  • MobiKwik
  • One97 Communication
  • Orange
  • Oxigen
  • Square
  • Venmo
  • Visa
  • ZipCash Card Services
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
Adroll
adroll