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Global Mobile Money Market 2015-2019: Transaction Mode, Nature of Payment, Location, Type of Purchase & Industry AnalysisDUBLIN, Apr. 14, 2015 /PRNewswire/ --Research and Markets (http://www.researchandmarkets.com/research/c6gj6n/mobile_money) has announced the addition of theĀ Mobile Money Market by Transaction Mode, Nature of Payment, Location, Type of Purchase, & by Industry (BFSI, Telecom & IT, Media & Entertainment, Healthcare, Retail, Travel & Hospitality, Transportation & Logistics, Others) - Global Forecast to 2019" report to their offering. The global mobile money market is expected to grow from $12.34 billion in 2014 to $78.02 billion by 2019, at a Compound Annual Growth Rate (CAGR) of 44.6% during the forecast period from 2014 to 2019. Moreover, the Person To Person nature of payment continues to be the most widely used payment mehod in mobile money services, while both remote payments and proximity payments remain as the broadly used location-based payments. In addition, with the widespread acceptance of mobile money services across various regions, this market is gradually gaining traction among the industrial verticals of retail, travel and hospitality, healthcare, and transportation and logistics, whereby, BFSI and telecom prevail as the leading users of mobile money services. This has primarily been augmented with the widespread acceptance by the mobile users to leverage mobile money services and to increase their convenience obtained through faster monetary transactions over their mobile phones. The emergence of mobile money services has also opened new business potentials for the chief stakeholders present in the mobile money ecosystem which include the Mobile Network Operators (MNOs), financial institutes such as banks, payment processing agents, and payment platform providers among various others. These services have broadly expanded the product portfolios for these stakeholders and have also been influential in boosting their revenues and market foothold to different markets. With the mounting usage of mobile money services by both banked and unbanked customers, these solutions have been chiefly responsible for diversifying and expanding their customer base across different regions and industrial verticals. Hence, the mobile money service in turn has been highly influential in empowering the business value and success rate for these stakeholders. Further, the major vendors involved in the mobile money market are Vodafone Group PLC, Gemalto, FIS, Google, Inc., MasterCard Incorporated, Bharti Airtel Limited, Orange S.A., Monitise, Mahindra Comviva, and PayPal (eBay, Inc.). Key strategies used by these vendors include partnerships and acquisition so as to increase their market share and global reach in the mobile money market. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends 7 Mobile Money Market Analysis, By Segments 8 Mobile Money Market Analysis, By Industry Vertical 9 Geographic Analysis 10 Competitive Landscape 11 Company Profiles - Bharti Airtel Limited - FIS - Gemalto - Google, Inc. - Mahindra Comviva - Mastercard Incorporated - Monitise PLC - Orange S.A. - Paypal (Ebay, Inc.) - Vodafone Group PLC For more information visit http://www.researchandmarkets.com/research/c6gj6n/mobile_money Media Contact: Laura Wood , +353-1-481-1716, [email protected] To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-mobile-money-market-2015-2019-transaction-mode-nature-of-payment-location-type-of-purchase--industry-analysis-300066285.html SOURCE Research and Markets |