[December 05, 2016]

Global Mobile Wallet Market - Rapid Upsurge in Internet Penetration Rate in China - Research and Markets

Research and Markets has announced the addition of the "Global Mobile Wallet Market Size, Share, Development, Growth and Demand Forecast to 2020" report to their offering.

Consumers can use mobile phone to pay for wide range of services, and digital or hard goods. The growth in smartphone and mobile internet users, and greater convenience and accessibility are the key growth drivers for the global mobile wallet market. The increased use of mobile commerce and different functionalities offered by mobile wallets, as compared to physical wallets are some of the major trends witnessed in the market.

Globally, Asia-Pacific dominated the global market in 2014. The mobile-commerce market in Asia-Pacific is driven with the evolution of 4G networks. The increasing advancements in next-generation high-speed mobile networks known as Long-Term Evolution (LTE (News - Alert)) are expected to change the landscape of Asia-Pacific, as the developing countries of the region are leading the race to implement the G technology. The growing population in developing countries, such as China and India is a major driving force, which is influencing the growth of the region.

One of the main growth drivers in the Chinese mobile wallet market is the rapid upsurge in the internet penetration rate of the country, which is driven by the growing adoption of smartphones. The market of Latin America is driven by heavy consumer spending in Brazil. Over the previous years, Brazil has become the most profitable credit card market in Latin America.

Companies Mentioned:

• American Express (News - Alert) Company
  
• Paypal Holdings Inc.
  
• Google Inc.
  
• Visa Inc.
  
• Square Inc.
  
• Levelup Inc.
  
• Apple Inc.
  
• Mastercard Incorporated 
  
• Blackberry Limited
  
• Samsung (News - Alert) Electronics Co. Ltd.

Key Topics Covered:

1. Research Scope & Methodology

2. Executive Summary

3. Market Outlook

4. Global Mobile Wallet Market Breakdown And Forecast (2011-2020)

5. Global Mobile Wallet Market Breakdown By Application

6. Global Mobile Wallet Market Breakdown By Mode Of Payment

7. Global Mobile Wallet Market Breakdown By Age-Groups

8. Global Mobile Wallet Market Breakdown By Geography

9. Competitive Landscape

10. Company Profiles And Strategic Developments

11. Appendix

For more information about this report visit http://www.researchandmarkets.com/research/qsqpqk/global_mobile

View source version on businesswire.com: http://www.businesswire.com/news/home/20161205005922/en/

[ Back To Mobile World Congress's Homepage ]