
Report ID: SQMIG45A2611
Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to mobile payment market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.
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Global Mobile Payment Market size was valued at USD 72.04 billion in 2023 and is poised to grow from USD 98.12 billion in 2024 to USD 1161.84 billion by 2032, growing at a CAGR of 36.2% during the forecast period (2025-2032).
PayPal, Apple Pay, Google Pay, Samsung Pay, Alipay, WeChat Pay, Amazon Pay, Paytm, Square, Inc., Visa Inc., Mastercard, Stripe, Zelle, Venmo, Huawei Pay, Xiaomi Pay, M-Pesa, KakaoPay, LG Pay, American Express
Key drivers of the mobile payment market include rising smartphone and internet access, and growing consumer demand for fast, contactless, and convenient payments.
Mobile payment trends include rising contactless and QR payments, AI/ML integration, wearable tech adoption, and long-term growth via blockchain and sector expansion.
Asia-Pacific leads the mobile payment market due to high smartphone use, strong fintech growth, supportive regulations, and widespread adoption of mobile wallets.
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Report ID: SQMIG45A2611
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