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Mobile Money Market Size, Share, Growth & Trends Analysis Report By Type, By Application, By Region, and Segment Forecasts, 2021 - 2027
Published Date: July 2021
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Report Code: QYRE-Othe-3S190
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global mobile money market

Mobile Money Market Size, Share, Growth & Trends Analysis Report By Type, By Application, By Region, and Segment Forecasts, 2021 - 2027

Code: QYRE-Othe-3S190
Report
July 2021
90 Pages
QYResearch
Region: Global,
Description
Table of Content
Tables & Figures

Mobile Money Market Statistics 2027

The global Mobile Money market size is projected to reach US$ 142260 million by 2027, from US$ 35920 million in 2020, at a CAGR of 21.2% during 2021-2027. The increasing mobile subscriber base is fueling the growth of the mobile money market. The growing number of mobile subscribers represents an increasing potential for monetary transactions using mobile phones.

Mobile Money Market

Increased Adoption of Mobile POS is expected to drive the growth of the mobile money market. The capacity of the smartphone to accept payment on the spot has been fully exploited by mobile point of sale. Because transactions are encrypted and card information is not saved on the mPOS device, liability is limited, reducing the risk of security breaches and making compliance easier and faster.

Based on type, the person-to-person segment is expected to be the most lucrative as more and more people prefer the online mode of transaction.

Based on region, Asia Pacific is expected to be the most lucrative segment. Due to the rising smartphone penetration in the region, operators have the possibility to introduce innovative mobile wallet services, the region is at the forefront in the adoption of mobile money solutions.

Mobile Money Market by Type

  • P2P
  • P2B
  • B2P
  • B2B

Mobile Money Market by Application

  • Media, Entertainment
  • Medical
  • Retail
  • Tourism
  • Hotel
  • Transportation And Logistics
  • Energy, Utilities
  • Other

Mobile Money Market by Region

  • North America
  • United States
  • Canada
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Australia
  • Rest of Asia-Pacific
  • Latin America
  • Mexico
  • Brazil
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa

The report lists the major players in the regions and their respective market share on the basis of global revenue. It also explains their strategic moves in the past few years, investments in product innovation, and changes in leadership to stay ahead in the competition. This will give the reader an edge over others as a well-informed decision can be made looking at the holistic picture of the market.

Major Key Players in the Mobile Money Market

  • Vodafone
  • Gemalto
  • FIS
  • Google
  • Mastercard
  • Bharti Airtel
  • Orange
  • Monitise
  • Mahindra Comviva
  • PayPal
  • Others

Frequently Asked Questions About This Report

1. Who are the major companies hold the market share in mobile money market?

Ans. Major companies such as Vodafone, Gemalto, FIS, Google, Mastercard, Bharti Airtel, Orange, Monitise, Mahindra Comviva, PayPal.

2. What are the key trends in the mobile money market report?

Ans. Increased Adoption of Mobile POS is expected to drive the growth of the mobile money market. The capacity of the smartphone to accept payment on the spot has been fully exploited by mobile point of sale. Because transactions are encrypted and card information is not saved on the mPOS device, liability is limited, reducing the risk of security breaches and making compliance easier and faster.

3. Which region dominated in the global mobile money market?

Ans. Based on region, Asia Pacific is expected to be the most lucrative segment. Due to the rising smartphone penetration in the region, operators have the possibility to introduce innovative mobile wallet services, the region is at the forefront in the adoption of mobile money solutions.

4. What would be forecast period in the mobile money market report?

Ans. The forecast period for mobile money market is 2021 to 2027

5. What will be the global mobile money market size from 2020 to 2027?

Ans. The global Mobile Money market size is projected to reach US$ 142260 million by 2027, from US$ 35920 million in 2020, at a CAGR of 21.2% during 2021-2027.

Table of Content

 
 
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120 Pages
Type: Report
Code: QYRE-Othe-167
Thu Jan 06 00:00:00 UTC 2022

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