Press release

Mobile Wallet Market to reach USD 12.45 Bn by 2029, Technological Advancements and Growth Opportunities

Mobile Wallet Market to reach USD 12.45 Bn by 2029, Technological Advancements and Growth Opportunities

 

 
The global Mobile Wallet Market was valued at USD 1.70 Bn in 2021 and is expected to reach USD 12.45 Bn by 2029, growing at a CAGR of 28.2 percent during the forecast period.

Mobile Wallet Market Report Scope and Research Methodology

The report provides a comprehensive analysis of the Mobile Wallet market, including market trends, drivers, restraints, and regional insights. The report also segments the market by type, technology, end-user, and industry vertical.

Get to Know More About This Market Study: https://www.maximizemarketresearch.com/market-report/global-mobile-wallet-market/61198/

The research methodology used in the report includes primary and secondary research. The primary research involved extensive interviews with industry experts, key opinion leaders, and stakeholders. The secondary research involved a comprehensive analysis of various industry publications, company websites, and other sources.

Request a Free Sample Copy or View Report Summary: https://www.maximizemarketresearch.com/request-sample/61198

Mobile Wallet Market Dynamics

The report highlights the growing demand for mobile wallets as the ultimate weapon for BOPIS (buy online pickup in store) and drive-in service that has been used as a safe bridge between in-store and online shopping. According to the report, around 2.1Bn users will use a mobile wallet to make a payment or send money in 2021, up nearly 30 percent from 1.6 Bn in late 2017. The rise of low-cost mobile phones and the availability of VoLTE are also driving significant market disruption in the mobile wallet business.

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Despite the many benefits offered by mobile wallets, financial institutions are facing challenges from alternative payment providers that are using their payment solutions to upend the current customer and member base. The implementation of policies to strengthen internet security for protection against online fraud and cyber fraud is also a challenge in the global mobile wallet market.

Request For Free Sample Report: https://www.maximizemarketresearch.com/request-sample/61198

Mobile Wallet Market Regional Insights

The report provides regional insights into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The Asia Pacific region is expected to be the fastest-growing market during the forecast period, owing to the increasing adoption of NFC capable smartphones across all regions.

Get Full Report Link : https://www.maximizemarketresearch.com/market-report/global-mobile-wallet-market/61198/

Mobile Wallet Market Segmentation

By Type:

• Proximity
• Remote

By Technology:

• Near Field Communication
• QR Code
• Text based/Short message service
• Digital

By End User:

• Personal
• Business

By Industry Vertical:

• Hospitality & Transportation
• Media & Entertainment
• Retail
• Healthcare
• Energy & utilities
• Telecommunication
• Others

Mobile Wallet Market Key Competitors include:

• PayPal Holdings, Inc.
• Samsung Electronics Co., Ltd
• VISA Inc.
• Amazon Web Services Inc.
• American Express Banking Corp.
• Apple Inc.
• Alipay.com
• AT&T Inc.
• Google Inc.
• JP Morgan Chase
• Tencent
• Ant Financial
• One97 Communications Limited
• Vodafone
• Skrill
• Sprint Corporation
• Well Fargo
• First Data

Table of Content for Mobile Wallet Market

Global Mobile Wallet Market: Research Methodology

Global Mobile Wallet Market: Executive Summary

Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry

Global Mobile Wallet Market: Competitive Analysis

MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact

Global Mobile Wallet Market Segmentation

Global Market, by Type (2021-2029)
Global Market, by Technology (2021-2029)
Global Market, by End User (2021-2029)
Global Market, by Industry Vertical (2021-2029)

Regional Mobile Wallet Market (2021-2029)

Regional Market, by Type (2021-2029)
Regional Market, by Technology (2021-2029)
Regional Market, by End User (2021-2029)
Regional Market, by Industry Vertical (2021-2029)
Regional Market, by Country (2021-2029)

Company Profile: Key players

Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments

Key Types:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Type, Technology, End User and Industry Vertical
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

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Pune Bangalore Highway, Narhe,
Pune, Maharashtra 411041, India
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.


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