Mobile Money in Emerging Markets: Market Forecasts, Segment Analysis & Vendor Strategies 2021-2026

The new Mobile Money in Emerging Markets research report provides a highly detailed assessment of how these services are boosting financial inclusion in emerging markets, split by our 4 key regions: Africa & Middle East, Indian Subcontinent, Latin America and Rest of Asia Pacific. The report focuses on the four biggest segments for mobile money use; providing SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis for these and a comprehensive future market outlook.

The forecasts and the SWOT analysis in the report focus on the following segments:

• Microinsurance
• Microloans
• Microsavings
• Mobile Money Transfer

The research report also assesses leading vendors across mobile money transfer and sophisticated mobile financial services via two the Competitor Leaderboards; providing a key resource for market stakeholders.

This research suite comprises:

• Strategy & Forecasts (PDF)
• 5-year Market Sizing & Forecast Spreadsheet (Excel)
• 12 months' access to harvest Online Data Platform

Key Market Statistics

Market Size in 2021:

• $555.7bn

Market Size in 2026:

• $876.0bn

2021 to 2026 Market Growth:

• 57.64%

Key Features

Market SWOT Analysis: Extensive assessment of the main use cases for mobile money adoption, including the current viability of mobile money markets, challenges to future growth, and future outlook. This analysis includes four main areas:

• Microinsurance
• Microloans
• Microsavings
• Mobile Money Transfer

Market Dynamics: Detailed analysis of the future evolution of the market and the challenges to further market growth.

The Competitor Leaderboards: Key player capability and capacity assessment for 23 vendors, split across two Competitor Leaderboards, for mobile money services and sophisticated mobile financial services. The vendors included are as follows:

• Airtel
• BIMA
• bKash
• Easypaisa
• EcoCash
• Equitel Money
• eZ Cash
• Grameenphone
• LinkAja
• MicroEnsure
• Mon Cash
• M-PESA
• MTN Mobile Money
• Ooredoo
• Orange Money
• Robi
• Roshan M-Paisa
• Smart Padala
• Tigo
• Tingg
• Transfer/Telcel
• uPaisa
• Wave Money

Benchmark Industry Forecasts: Forecasts for mobile money services, including microinsurance, microloans, microsavings and mobile money transfer, with data for user bases and transaction values, along with splits by our four key emerging market regions and the 15 countries listed below:

• Bangladesh
• Brazil
• Colombia
• Egypt
• India
• Indonesia
• Kenya
• Mexico
• Nigeria
• Pakistan
• Philippines
• South Africa
• Sri Lanka
• Tanzania
• Thailand

Key Questions Answered

• What will the transaction value of mobile money services in emerging markets by 2026 be?
• What role does Payments-as-a-Platform have in driving mobile money forward?
• Which monetisation strategies will be most successful for service providers over the next five years?
• What strategies can players implement to capitalise on the growing ecosystem?
• Who are the leading mobile money providers in emerging markets?

The Mobile Money in Emerging Markets forecast suite includes:

Mobile money market split by four key sectors:

• Microinsurance
• Microloans
• Microsavings
• Mobile Money Transfer

Forecast splits by:

• Number of Users
• Value of Spend

Mobile Money Transfer Sector split by eight key transaction types:

• Airtime Top-up
• Bill Payment
• Cash In
• Cash Out
• Domestic P2P
• G2P
• International P2P
• Merchant Payment

Geographical splits: 15 countries

Harvest: Our online data platform, harvest, contains the very latest market data and is updated throughout the year. This is a fully featured platform enabling clients to better understand key data trends and manipulate charts and tables, overlaying different forecasts within the one chart - using the comparison tool. Empower your business with our market intelligence centre, and get alerted whenever your data is updated.

Interactive Excels (IFxl): Our IFxl tool enables clients to manipulate both forecast data and charts, within an Excel environment, to test their own assumptions using the Interactive Scenario Tool and compare selected markets side by side in customised charts and tables. IFxls greatly increase a clients’ ability to both understand a particular market and to integrate their own views into the model.