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The growing adoption of digitization across banking, financial, services, and insurance (BFSI) sector is primarily driving the GCC mobile payment market. In addition to this, the increasing incorporation of loyalty and incentive programs to store all the necessary information digitally and expand the customer base is further propelling the market growth.
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GCC Mobile Payment Market Report, Trends and Forecast 2022 -2027 Copyright © 2015 International Market Analysis Research & Consulting (IMARC). All Rights Reserved https://www.syndicatedanalytics.com sales@syndicatedanalytics.com +1-213-316-7435
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Report Description and Highlights Report Description GCC Mobile Payment Market Report 2022: Industry Overview, Size, Share, Trends and Forecast till 2027 “GCC Mobile Payment Market: Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2022-2027” provides a deep and thorough evaluation of the GCC mobile payment market based on its segments including mode of transaction, application and region. The report tracks the latest industry trends and analyses their overall impact on the market. It also evaluates the market dynamics, which cover the key demand and price indicators, and studies the market on the basis of the SWOT and Porter’s Five Forces models. Report Metrics Historical Year: 2016-2021 Base Year: 2021 Forecast Year: 2022-2027 Mobile payments refer to digital alternatives to traditional payment systems where cash, cheques, or credit cards are the payment method. They allow customers to purchase products or services utilizing laptops, smartphones, tablets, etc., quickly and seamlessly. Mobile payments solution involves the usage of mobile applications that are linked to the financial credentials of the users and are promoted by the availability of Point-of-Sale (PoS) terminals that process the transactions. They use various technologies, such as Near Field Communication (NFC), SMS-based transactional payments, direct mobile billing, etc., to improve the security of the transaction. Mobile payments are safe, secure, accessible, and convenient. They are widely employed in several industries, such as entertainment, food and beverage, healthcare, retail, energy and utilities, hospitality, etc.
Report Description and Highlights Report Description GCC Mobile Payment Industry Trends and Drivers: The growing adoption of digitization across banking, financial, services, and insurance (BFSI) sector is primarily driving the GCC mobile payment market. In addition to this, the increasing incorporation of loyalty and incentive programs to store all the necessary information digitally and expand the customer base is further propelling the market growth. Moreover, the rising integration of mobile payment applications with passcodes and biometric authentication services to ensure a secure payment gateway and reduce the chances of security theft or fraud is acting as another significant growth-inducing factor. Apart from this, the launch of numerous favorable policies by government authorities to promote cashless payments is creating a positive outlook for the market across the GCC region. Additionally, the inflating popularity of prepaid payment instruments and buy-now-pay-later services is projected to cater to the growth of the GCC mobile payment market in the coming years. Note: The study incorporates COVID-19’s direct market impact as well as the indirect effects of related industries on the GCC mobile payment service disposables market. These insights are regularly updated by the subject matter experts at Syndicated Analytics. Download free sample report to get detailed insight about market: https://www.syndicatedanalytics.com/request?type=report&id=833&flag=B
Report Description and Highlights Report Description GCC Mobile Payment Market Segmentation: The market is segmented in on the basis of raw material type, product type, distribution channel and region. Mode of Transaction: • • • • • WAP NFC SMS USSD Others Application: • • • • • • • Entertainment Food and Beverage Energy and Utilities Healthcare Retail Hospitality and Transportation Others
Report Description and Highlights Report Description Region • • • • • • Saudi Arabia United Arab Emirates Qatar Kuwait Oman Bahrain Competitive Landscape: The report also provides insights on the competitive landscape of the GCC mobile payment market with the leading players profiled in the report. Browse complete report with tables of contents and list of figures & tables: https://www.syndicatedanalytics.com/gcc-mobile-payment-market
Report Description and Highlights Report Description Discover how this report can help boost your revenues: • • • • • • • • • Examine the current trends in the GCC mobile payment market to evaluate industry prospects Analyze the present and future performance in established and emerging markets Evaluate market dynamics and expansion opportunities Investigate the economic and non-economic factors influencing market segments Employ qualitative and quantitative market analysis to enhance data-driven decisions Analyze how demand and supply factors influence industry growth at the regional and country level Study the market competition as per Porter’s five forces model Gain insights to new product launches and growth strategies employed by market players Capitalize on comprehensive profiles of major companies operating in the industry
Table of Contents Report Description 1 Introduction 1.1 Research Objectives 1.2 Stakeholders 1.3 Scope of the Report 1.4 Assumptions and Limitations 2 Research Methodology 2.1 Data Collection 2.1.1 Primary Sources 2.1.2 Secondary Sources 2.2 Market Size Estimation 2.2.1 Bottom-Up Approach 2.2.2 Top-Down Approach 2.3 Data Validation 3 Executive Summary 4 Global Mobile Payment Market 4.1 Historical Market Trend 4.2 Market Segmentation by Region 4.3 Market Outlook 5 GCC Mobile Payment Market 5.1 Industry Overview 5.2 Key Industry Developments 5.3 Market Trends 5.3.1 Key Market Indicators 5.3.2 Historical Market Trends 5.3.3 Impact of COVID-19 5.3.4 Market Outlook
Table of Contents Report Description 6 GCC Mobile Payment Market Segmentation by Country 6.1 Saudi Arabia 6.1.1 Historical Market Trends 6.1.2 Market Outlook 6.2 United Arab Emirates 6.2.1 Historical Market Trends 6.2.2 Market Outlook 6.3 Qatar 6.3.1 Historical Market Trends 6.3.2 Market Outlook 6.4 Kuwait 6.4.1 Historical Market Trends 6.4.2 Market Outlook 6.5 Oman 6.5.1 Historical Market Trends 6.5.2 Market Outlook 6.6 Bahrain 6.6.1 Historical Market Trends 6.6.2 Market Outlook 7 GCC Mobile Payment Market Segmentation by Mode of Transaction 7.1 WAP 7.1.1 Historical Market Trends 7.1.2 Market Outlook 7.2 NFC 7.2.1 Historical Market Trends 7.2.2 Market Outlook
Report DescriptionTable of Contents 7.3 SMS 7.3.1 Historical Market Trends 7.3.2 Market Outlook 7.4 USSD 7.4.1 Historical Market Trends 7.4.2 Market Outlook 7.5 Others 7.5.1 Historical Market Trends 7.5.2 Market Outlook 8 GCC Mobile Payment Market Segmentation by Application 8.1 Entertainment 8.1.1 Historical Market Trends 8.1.2 Market Outlook 8.2 Food and Beverage 8.2.1 Historical Market Trends 8.2.2 Market Outlook 8.3 Energy and Utilities 8.3.1 Historical Market Trends 8.3.2 Market Outlook 8.4 Healthcare 8.4.1 Historical Market Trends 8.4.2 Market Outlook 8.5 Retail 8.5.1 Historical Market Trends 8.5.2 Market Outlook
Report DescriptionTable of Contents 8.6 Hospitality and Transportation 8.8.1 Historical Market Trends 8.8.2 Market Outlook 8.7 Others 8.7.1 Historical Market Trends 8.7.2 Market Outlook 9 GCC Mobile Payment Industry: Market Dynamics 9.1 Overview 9.2 Strengths 9.3 Weaknesses 9.4 Opportunities 9.5 Threats 10 GCC Mobile Payment Industry: Value Chain Analysis 10.1 Overview 10.2 Research and Development 10.3 Raw Material Suppliers 10.4 Inbound Logistics 10.5 Production 10.6 Marketing 10.7 Outbound Logistics 10.8 Consumers 11 GCC Mobile Payment Industry: Porter’s Five Forces Analysis 11.1 Overview 11.2 Threat of New Entrants 11.3 Threat of Substitutes
Report DescriptionTable of Contents 11.4 Bargaining Power of Buyers 11.5 Bargaining Power of Suppliers 11.6 Intensity of Rivalry 12 Competitive Landscape 12.1 Market Structure 12.2 Key Players 12.3 Key Success Factors 13 Key Player Profiles
List of Figures Report Description Figure 1: Global: Mobile Payment Market: Sales Value (in Billion US$), 2016-2021 Figure 2: Global: Mobile Payment Market: Segmentation by Region (in %), 2021 Figure 3: Global: Mobile Payment Market Outlook: Sales Value (in Billion US$), 2022-2027 Figure 4: GCC: Mobile Payment Market: Sales Value (in Billion US$), 2016-2021 Figure 5: GCC: Mobile Payment Market Outlook: Sales Value (in Billion US$), 2022-2027 Figure 6: GCC: Mobile Payment Market: Segmentation by Country (in %), 2021 Figure 7: GCC: Mobile Payment Market: Segmentation by Mode of Transaction (in %), 2021 Figure 8: GCC: Mobile Payment Market: Segmentation by Application (in %), 2021 Figure 9: Saudi Arabia: Mobile Payment Market: Sales Value (in Million US$), 2016 & 2021 Figure 10: Saudi Arabia: Mobile Payment Market Outlook: Sales Value (in Million US$), 2022-2027 Figure 11: United Arab Emirates: Mobile Payment Market: Sales Value (in Million US$), 2016 & 2021 Figure 12: United Arab Emirates: Mobile Payment Market Outlook: Sales Value (in Million US$), 2022-2027 Figure 13: Qatar: Mobile Payment Market: Sales Value (in Million US$), 2016 & 2021 Figure 14: Qatar: Mobile Payment Market Outlook: Sales Value (in Million US$), 2022-2027 Figure 15: Kuwait: Mobile Payment Market: Sales Value (in Million US$), 2016 & 2021 Figure 16: Kuwait: Mobile Payment Market Outlook: Sales Value (in Million US$), 2022-2027 Figure 17: Oman: Mobile Payment Market: Sales Value (in Million US$), 2016 & 2021 Figure 18: Oman: Mobile Payment Market Outlook: Sales Value (in Million US$), 2022-2027 Figure 19: Bahrain: Mobile Payment Market: Sales Value (in Million US$), 2016 & 2021 Figure 20: Bahrain: Mobile Payment Market Outlook: Sales Value (in Million US$), 2022-2027 Figure 21: GCC: Mobile Payment (WAP) Market: Sales Value (in Million US$), 2016 & 2021 Figure 22: GCC: Mobile Payment (WAP) Market Outlook: Sales Value (in Million US$), 2022-2027 Figure 23: GCC: Mobile Payment ( NFC) Market: Sales Value (in Million US$), 2016 & 2021 Figure 24: GCC: Mobile Payment ( NFC) Market Outlook: Sales Value (in Million US$), 2022-2027 Figure 25: GCC: Mobile Payment (SMS ) Market: Sales Value (in Million US$), 2016 & 2021
List of Figures Report Description Figure 26: GCC: Mobile Payment (SMS ) Market Outlook: Sales Value (in Million US$), 2022-2027 Figure 27: GCC: Mobile Payment (USSD) Market: Sales Value (in Million US$), 2016 & 2021 Figure 28: GCC: Mobile Payment (USSD) Market Outlook: Sales Value (in Million US$), 2022-2027 Figure 29: GCC: Mobile Payment (Others) Market: Sales Value (in Million US$), 2016 & 2021 Figure 30: GCC: Mobile Payment (Others) Market Outlook: Sales Value (in Million US$), 2022-2027 Figure 31: GCC: Mobile Payment (Entertainment) Market: Sales Value (in Million US$), 2016 & 2021 Figure 32: GCC: Mobile Payment (Entertainment) Market Outlook: Sales Value (in Million US$), 2022-2027 Figure 33: GCC: Mobile Payment (Food and Beverage) Market: Sales Value (in Million US$), 2016 & 2021 Figure 34: GCC: Mobile Payment (Food and Beverage) Market Outlook: Sales Value (in Million US$), 2022-2027 Figure 35: GCC: Mobile Payment (Energy and Utilities) Market: Sales Value (in Million US$), 2016 & 2021 Figure 36: GCC: Mobile Payment (Energy and Utilities) Market Outlook: Sales Value (in Million US$), 2022-2027 Figure 37: GCC: Mobile Payment (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021 Figure 38: GCC: Mobile Payment (Healthcare) Market Outlook: Sales Value (in Million US$), 2022-2027 Figure 39: GCC: Mobile Payment (Retail) Market: Sales Value (in Million US$), 2016 & 2021 Figure 40: GCC: Mobile Payment (Retail) Market Outlook: Sales Value (in Million US$), 2022-2027 Figure 41: GCC: Mobile Payment (Hospitality and Transportation) Market: Sales Value (in Million US$), 2016 & 2021 Figure 42: GCC: Mobile Payment (Hospitality and Transportation) Market Outlook: Sales Value (in Million US$), 2022-2027 Figure 43: GCC: Mobile Payment (Others) Market: Sales Value (in Million US$), 2016 & 2021 Figure 44: GCC: Mobile Payment (Others) Market Outlook: Sales Value (in Million US$), 2022-2027 Figure 45: GCC: Mobile Payment Industry: Market Dynamics Figure 46: GCC: Mobile Payment Industry: Value Chain Analysis Figure 47: GCC: Mobile Payment Market: Porter’s Five Forces Analysis
List of Tables Report Description Table 1: GCC: Mobile Payment Market: Key Industry Highlights, 2021 and 2027 Table 2: GCC: Mobile Payment Market Outlook: Segmentation by Country (in Million US$), 2022-2027 Table 3: GCC: Mobile Payment Market Outlook: Segmentation by Mode of Transaction (in Million US$), 2022-2027 Table 4: GCC: Mobile Payment Market Outlook: Segmentation by Application (in Million US$), 2022-2027 Table 5: GCC: Mobile Payment Market Structure Table 6: GCC: Mobile Payment Market: Key Players
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