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Mobile Wallet Market Is Expected To Grow Exponentially by 2020 Globally

Growing awareness regarding mobile wallets and their applications, rising Smartphone penetration and increasing security are expected to drive the mobile wallet market. Mobile commerce is expected to be the leading segment till 2020, followed by mobile ticketing and mobile money transfer.

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Mobile Wallet Market Is Expected To Grow Exponentially by 2020 Globally

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  1. Mobile wallet Market Opportunities and Forecasts, 2014- 2022

  2. • The widespread smartphone adoption in its developing markets are influencing the growth of the mobile wallet market positively • A mobile wallet allows consumers to make transactions even during travel, from any location and anytime and also facilitates consumers to manage their accounts easily • Hence consumers’ concerns related to security and technology infancy as well as investment and deployment issues are expected to impede the growth of the mobile wallet market • Companies from the telecommunication industry are collaborating with each other to serve better with improved product/service innovation.

  3. Mobile Wallet Market Segmentation Mobile Wallet Market By Application Mode Of Payment By Stakeholders By Geography Mobile Commerce Remote Payments MNOs North America Handset Manufacturers NFC Payments Europe Mobile Ticketing Oss/Bss Providers Asia Pacific Mobile Coupons Developers ROW Mobile Transfer Content Providers Micropayments

  4. Key Benefits • The report provides a comprehensive analysis of the world mobile wallet market with current trends and future growth opportunities, challenges, and competitive scenario. • The current market trends are quantitatively analyzed and estimated for the period 2012‐2020, which have been provided to highlight the financial competency of the market. • Porter’s five forces analysis provides inputs on the potential of buyers and suppliers and highlights the competitive structure of the market, which is likely to enable market players to devise effective growth strategies and facilitate better decision- making. • Value chain analysis provides key inputs on the role of different stakeholders involved at various stages. • SWOT analysis of the key market players highlights the essential strengths and potential opportunities in the market.

  5. • Mobile commerce is expected to be the leading segment till 2020, followed by mobile ticketing and mobile money transfer. • The lack of regulations and monitoring for mobile enabled payments in African countries has triggered the mobile wallet market growth in the region • Mobile payment services have the potential to transform the shopping and payment experience • Asia Pacific is expected to be the fastest growing region for the mobile wallet market, during the forecast period followed by EMEA (Europe, Middle East and Africa)

  6. Key Players • American Express • Apple Inc. • AT&T INC. • Blackberry Ltd. • First Data Corporation • Google Inc. • Sprint Corporation • Samsung Electronics Co., Ltd. • MasterCard Incorporated • Visa Inc.

  7. Thank You! For More Details Visit us at https://www.alliedmarketresearch.com/mobile-wallet- market Follow Us On

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