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Global Mobile Payments

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    Report

  • 36 Pages
  • June 2025
  • Region: Global
  • MarketLine
  • ID: 6017891
Global Mobile Payments industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • Mobile payment is a technology that allows individuals to make financial transactions through their mobile devices, such as smartphones or tablets. It involves the use of mobile applications or web-based platforms that enable users to complete transactions, including online purchases, bill payments, and money transfers, among others. Mobile payment methods vary, but they generally involve the use of digital wallets, which store users' payment information, such as credit or debit card details, and authenticate transactions using biometric data or security codes.
  • The global mobile payments market recorded revenues of $18.49 trillion in 2024, representing a compound annual growth rate (CAGR) of 20.4% between 2019 and 2024.
  • Market volume increased with a CAGR of 25.7% between 2019 and 2024, reaching a total of 644.3 billion transaction in 2024.
  • Asia-Pacific held the largest share of 57.4% of the global mobile payments market in 2024, followed by South America at 35.2%, Europe at 3.5%, North America at 2.4%, and Middle East & Africa at 1.5%.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the mobile payments market in the global
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global mobile payments market
  • Leading company profiles reveal details of key mobile payments market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Global mobile payments market with five year forecasts

Reasons to Buy

  • What was the size of the Global mobile payments market by value in 2024?
  • What will be the size of the Global mobile payments market in 2029?
  • What factors are affecting the strength of competition in the Global mobile payments market?
  • How has the market performed over the last five years?
  • What are the main segments that make up the global's mobile payments market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market rivalry
1.7. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the recent developments in the market?
8 Company Profiles
8.1. Alipay.com Co Ltd
8.2. Apple Payments Services Ltd
8.3. Google India Digital Services Pvt Ltd
8.4. PayPal Holdings Inc
8.5. WeChat Payment
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: Global mobile payments market value: $ million, 2019-24
Table 2: Global mobile payments market volume: million transactions, 2019-24
Table 3: Global mobile payments market geography segmentation: $ million, 2024
Table 4: Global mobile payments market value forecast: $ million, 2024-29
Table 5: Global mobile payments market volume forecast: million transactions, 2024-29
Table 6: Alipay.com Co Ltd: Key Facts
Table 7: Alipay.com Co Ltd: Key Employees
Table 8: Apple Payments Services Ltd: Key Facts
Table 9: Google India Digital Services Pvt Ltd: Key Facts
Table 10: PayPal Holdings Inc: Key Facts
Table 11: PayPal Holdings Inc: Annual Financial Ratios
Table 12: PayPal Holdings Inc: Key Employees
Table 13: WeChat Payment: Key Facts
Table 14: Global Exchange Rate, 2019-24
List of Figures
Figure 1: Global mobile payments market value: $ million, 2019-24
Figure 2: Global mobile payments market volume: million transactions, 2019-24
Figure 3: Global mobile payments market geography segmentation: % share, by value, 2024
Figure 4: Global mobile payments market value forecast: $ million, 2024-29
Figure 5: Global mobile payments market volume forecast: million transactions, 2024-29
Figure 6: Forces driving competition in the global mobile payments market, 2024
Figure 7: Drivers of buyer power in the global mobile payments market, 2024
Figure 8: Drivers of supplier power in the global mobile payments market, 2024
Figure 9: Factors influencing the likelihood of new entrants in the global mobile payments market, 2024
Figure 10: Factors influencing the threat of substitutes in the global mobile payments market, 2024
Figure 11: Drivers of degree of rivalry in the global mobile payments market, 2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Alipay.com Co Ltd
  • Apple Payments Services Ltd
  • Google India Digital Services Pvt Ltd
  • PayPal Holdings Inc
  • WeChat Payment