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Mobile Payment Market - Technavio Publishes Global Forecast & AnalysisTechnavio has published a new report on the global mobile payment market, which is expected to grow at a CAGR of more than 36% from 2015-2019. Mobile payment market segmentation including product and geography Technavio's report analyses the solutions and products offered by market vendors and presents a comprehensive breakdown in terms of market segmentation for different products, including SMS, Internet, NFC, and USSD. Additionally, analysts have segmented market projections by key geography, focusing on the Americas, EMEA, and the APAC region. The new report by Technavio also highlights the increased awareness about mobile wallets, which enables making payments for services through mobile devices instead of credit or debit cards or other cashless payment modes. "The introduction of technologies such as near-field communication is one of the most effective means of carrying out mobile wallet-based transactions. Thus, increasing awareness of mobile wallets and their convenience is expected to increase the adoption of m-commerce, leading to market growth in the forecast period," says Faisl Ghaus, Vice President of Technavio. Mobile payment: Market scope and calculation of market size This report covers the present scenario and growth prospects for the global mobile payment market from 2015-2019. To calculate the market size, the report considers the total transaction volume sourced through mobiles. Industry analysis includes:
View the global mobile payment market report. Technavio currently has more than 3000 market research reports on a huge range of topics, including 100+ reports on the mobile payment market: If you are interested in more information, please contact our media team at [email protected].
View source version on businesswire.com: http://www.businesswire.com/news/home/20151002005210/en/ |
