Comprehensive Study On India Digital Wallet Market By Knowledge Sourcing Intelligence

1. Future Prospects of India Digital Wallet Market

2. DESCRIPTION India Digital Wallet market was valued at US$2.952 billion in 2019.  The Digital Wallet market in India is poised to surge at a notable CAGR on account of the rising adoption of cashless payments due to the government initiatives towards a cashless economy. Digital wallets are financial accounts that enable the users to make the transaction through mobile devices. The rising penetration of smartphones coupled with the growing internet penetration are some of the key factors bolstering the digital wallet market growth in the country throughout the forecast period.

3. Some Key Questions Answered By The Report • What will be India Digital WalletMarket from 2020 to 2025? • How are the major drivers and restraints affecting the India Digital WalletMarket. • Growth and the opportunities which exist for key vendors? • Which segment and region will drive or lead the market growth and why?

4. Rising Demand Which Impact On Market Growth The growing e-commerce sector throughout the country on account of the changing consumer preferences towards online shopping along with the growing acceptance of payments through digital wallets by the various e-commerce companies is also driving the market growth in the country during the next five years. Furthermore, the rising adoption of digital payments by the retailers throughout the country on account of the Digital India Initiative by the Indian government is also anticipated to propel the growth opportunities for the market to surge throughout the forecast period and beyond. Furthermore, the presence of various digital payment platforms such as the Unified Interface Payment (UPI) and the Paytm among others is also supplementing the market growth in the country over the next five years. 

6. Segment Analysis • We have included all segments of this market in market research report. • India Digital Walletmarket has been segmented by device and application. • For complete segment information visit us https://www.knowledge-sourcing.com/report/india-digital-wallet-market

7. Conclusion • Major players in the India Digital Walletmarket have been covered along with their relative competitive position and strategies. • The report also mentions recent deals and investments of different market players over the last year. • The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the India Digital Walletmarket.

8. COMPANY PROFILES • Paytm Payments Bank • One Mobikwik System Pvt Ltd • Phonepe Private Limited • Google LLC • HDFC Bank Ltd.

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