Mobile Wallet Market

Mobile Wallet Market Size, Share, Growth Analysis, By Type(Proximity, Remote, By Technology, Near Field Communication) - Industry Forecast 2024-2031


Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Mobile Wallet Market Insights

Market Overview:

Some of the primary reasons influencing the market growth are the emergence of payment-enabled mobile phones, connected and real-time marketing, and social media influence. Mobile commerce and mobile ticketing are the leading revenue and growth markets. The primary market drivers for mobile wallet market forecast include increased smartphone penetration and companies' efforts to improve mobile commerce platforms, services, and apps as a result of high usage. In terms of mobile ticketing, the predicted widespread use of NFC-based ticketing solutions for transit reasons is likely to fuel growth. The market players operating in the mobile wallet market include Amazon Web Services Inc., American Express Banking Corp., Apple Inc., Alipay.com, AT&T Inc., Google Inc., Mastercard Incorporated, PayPal Holdings, Inc., Samsung Electronics Co., Ltd., and VISA Inc.

Mobile Wallet Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Pharmaceuticals by segment aggregation, the contribution of the Pharmaceuticals in Pharmaceuticals, Biotechnology & Life Sciences and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Mobile Wallet was estimated to be valued at US$ XX Mn in 2021.

The Mobile Wallet Market is estimated to grow at a CAGR of XX% by 2028.

The Mobile Wallet Market is segmented on the basis of Type.

Based on region, the Mobile Wallet Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Mobile Wallet Market are Amazon Web Services Inc., American Express Banking Corp., Apple Inc., Alipay.com, AT&T Inc., Google Inc., Mastercard Incorporated, PayPal Holdings, Inc., Samsung Electronics Co., Ltd, VISA Inc..

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Mobile Wallet Market

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