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Mobile Wallets - Global Market Trajectory & Analytics

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    Report

  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5303704

FEATURED COMPANIES

  • Airtel Payments Bank Ltd.
  • Alipay.com
  • Amazon Web Services Inc.
  • Apple Inc.
  • AT&T Inc.
  • Google Inc.
Global Mobile Wallets Market to Reach $5.6 Billion by 2027

Amid the COVID-19 crisis, the global market for Mobile Wallets estimated at US$1.3 Billion in the year 2020, is projected to reach a revised size of US$5.6 Billion by 2027, growing at a CAGR of 23.2% over the period 2020-2027. Remote, one of the segments analyzed in the report, is projected to record 25.1% CAGR and reach US$3.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Proximity segment is readjusted to a revised 20.4% CAGR for the next 7-year period.





The U.S. Market is Estimated at $351.3 Million, While China is Forecast to Grow at 29.3% CAGR

The Mobile Wallets market in the U.S. is estimated at US$351.3 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.4 Billion by the year 2027 trailing a CAGR of 29.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.1% and 21.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 20% CAGR.

Select Competitors (Total 38 Featured):
  • Airtel Payments Bank Ltd.
  • Alipay.com
  • Amazon Web Services Inc.
  • American Express Banking Corp.
  • ANI Technologies Pvt. Ltd. (Ola Money)
  • Apple Inc.
  • AT&T Inc.
  • FreeCharge Payment Technologies Pvt. Ltd.
  • Google Inc.
  • HDFC Bank Ltd. (PayZapp)
  • Mastercard Incorporated
  • One MobiKwik Systems Pvt. Ltd.
  • Oxigen Services (India) Pvt. Ltd.
  • PayPal Holdings, Inc.
  • Paytm Mobile Solutions Pvt. Ltd.
  • PhonePe Pvt. Ltd.
  • Reliance Payment Solutions (JioMoney)
  • Samsung Electronics Co., Ltd
  • VISA, Inc.
Frequently Asked Questions about the Global Market for Mobile Wallets

What is the estimated value of the Global Market for Mobile Wallets?

The Global Market for Mobile Wallets was estimated to be valued at $1.3 Billion in 2020.

What is the growth rate of the Global Market for Mobile Wallets?

The growth rate of the Global Market for Mobile Wallets is 23.2%, with an estimated value of $5.6 Billion by 2027.

What is the forecasted size of the Global Market for Mobile Wallets?

The Global Market for Mobile Wallets is estimated to be worth $5.6 Billion by 2027.

Who are the key companies in the Global Market for Mobile Wallets?

Key companies in the Global Market for Mobile Wallets include Airtel Payments Bank Ltd., Alipay.com, Amazon Web Services Inc., American Express Banking Corp., ANI Technologies Pvt. Ltd. (Ola Money), Apple Inc., AT&T Inc., FreeCharge Payment Technologies Pvt. Ltd. and HDFC Bank Ltd. (PayZapp).

FEATURED COMPANIES

  • Airtel Payments Bank Ltd.
  • Alipay.com
  • Amazon Web Services Inc.
  • Apple Inc.
  • AT&T Inc.
  • Google Inc.

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA

IV. COMPETITION
  • Total Companies Profiled: 38

A selection of companies mentioned in this report includes:

  • Airtel Payments Bank Ltd.
  • Alipay.com
  • Amazon Web Services Inc.
  • American Express Banking Corp.
  • ANI Technologies Pvt. Ltd. (Ola Money)
  • Apple Inc.
  • AT&T Inc.
  • FreeCharge Payment Technologies Pvt. Ltd.
  • Google Inc.
  • HDFC Bank Ltd. (PayZapp)
  • Mastercard Incorporated
  • One MobiKwik Systems Pvt. Ltd.
  • Oxigen Services (India) Pvt. Ltd.
  • PayPal Holdings, Inc.
  • Paytm Mobile Solutions Pvt. Ltd.
  • PhonePe Pvt. Ltd.
  • Reliance Payment Solutions (JioMoney)
  • Samsung Electronics Co. Ltd
  • VISA, Inc.