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According to “UAE Mobile Wallet Market By Application, By End User, Competition Forecast & Opportunities, 2014 - 2022”, mobile wallet market is projected to surpass $ 2.3 billion by 2022 in UAE, on the back of growing smartphone and internet penetration in the country. Government initiatives towards a cashless and digitalized economy, emergence of Bring Your Own Device, and a huge number of people without bank accounts are some of the other factors expected to provide lucrative growth opportunities to mobile wallet providers in the UAE during forecast period.
Moreover, increasing youth population, which is tech-savvy, coupled with growing number of retailers accepting mobile wallet payments and installing POS, and rising support of the banking industry would fuel the country’s mobile wallet market in the coming years. Some of the major players operating in the UAE mobile wallet market are Trriple Payments LLC, Beam Wallet, Bridg, Cardtek International LLC, Emirates Integrated Telecommunications Co., Emirates Telecommunication Corp., Mashreq Bank, Emirates NBD, OMA Emirates LLC, and Network International LLC, among others.
“UAE Mobile Wallet Market By Application, By End User, Competition Forecast & Opportunities, 2014 - 2022”, discusses the following aspects of mobile wallet market in UAE:
- Mobile Wallet Market Size, Share & Forecast
- Segmental Analysis - By Application (Bill Payment, Mobile Recharge & Mobile Bill Payments, Utilities & Money Transfer & Others), By End User (Retail, Telecom, Media & Entertainment, Transportation & Others)
- Competitive Analysis
- Changing Market Trends & Emerging Opportunities
Why You Should Buy This Report?
- To gain an in-depth understanding of mobile wallet market in UAE
- To identify the on-going trends and anticipated growth in the next five years
- To help industry consultants, mobile wallet manufacturers, distributors and other stakeholders align their market-centric strategies
- To obtain research-based business decisions and add weight to presentations and marketing material
- To gain competitive knowledge of leading market players
- To avail of 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs
Report Methodology
The information contained in this report is based upon both primary and secondary research. Primary research included interaction with mobile wallet manufacturers, distributors and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.
Table of Contents
1. Product Overview2. Research Methodology3. Analyst View4. Global Mobile Wallet Market Overview5. UAE Mobile Wallet Market Landscape9. Policy & Regulatory Landscape10. Mobile Payment Models12. Market Trends & Developments13. UAE Economic Profile
6. UAE Mobile Wallet Market Outlook
7. UAE Mobile Wallet Application Market Outlook
8. UAE Mobile Wallet End User Market Outlook
11. Market Dynamics
14. Competitive Landscape
15. Strategic Recommendations
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Emirates Telecommunication Corp. (ETISALAT)
- Emirates Integrated Telecommunications Co. (du)
- Beam Wallet
- Trriple Payments LLC
- Bridg
- Cardtek International LLC
- Mashreq Bank
- Emirates NBD
- OMA Emirates LLC
- Network International LLC (PayPal)