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Research and Markets: Mobile Payment Market - By Country, Company Profiles, Share, Trends, Analysis, Opportunities, Segmentation & Forecast (2015 - 2021)
[January 06, 2016]

Research and Markets: Mobile Payment Market - By Country, Company Profiles, Share, Trends, Analysis, Opportunities, Segmentation & Forecast (2015 - 2021)


Research and Markets (http://www.researchandmarkets.com/research/z6cc55/mobile_payment) has announced the addition of the "Mobile Payment Market 2015 - 2021" report to their offering.

The global mobile payment market is expected to be $2.17 trillion by 2020 at a CAGR of 39% during 2015-2021.

The market is driven by various factors which include factors such as the rigidity of banks and other inefficiencies in their services, exponential growth of mobile phone users in the world, increasing share of smart phone in the mobile phone market, micropayments, transfers involving more than one currency, growth of e-commerce and its cost effectiveness.

The market is segmented on the basis of applications. Mobile person to person transfer has the highest markets share with transaction volume worth $219.3 in 2014. The market is driven by increase in number of cashless transfers using debit and credit cards and ease of use compared to normal banking processes. Mobilewallet and mobile commerce are also gaining popularity due to rise of easy to use mobile apps.



Mobile commerce is expected to reach $334.5 billion in 2020 and mobile wallet is expected to reach $181.7 billion in 2020. Closed loop payments are expected to grow at a CAGR of 72.8% for the forecasted period of 2015-2020. The market is driven by banks developing their own apps and providing on the go services for the customers.

Key Topics Covered:


1. Executive Summary

2. What are Mobile Payments?

3. Key Components of Market

4. Market Drivers

5. Challenges

6. Key Motivators in the Market

7. Restraints

8. Application Analysis of the Market

9. Strategic Analysis of Mobile Payment Market

10. Geographic Analysis

11. Company Profiling

Companies Mentioned:

  • PayPal
  • Google Pay
  • Apple Pay
  • M-Pesa
  • Current C
  • Airtel (News - Alert) money
  • Square
  • IZettle
  • Alipay
  • GCash
  • WyWallet
  • PayWave
  • Boku (News - Alert)
  • PayPass
  • China mobile
  • Union pay
  • Tenpay
  • Bill
  • YeePay
  • Qiandaibao
  • Dwolla
  • Banco Bilbao Vizcaya Argentaria
  • Bank of America
  • Intuit (News - Alert) QuickBooks (Intuit Pay)
  • MPOSWestern Union
  • Obupay
  • We pay
  • Reliance Industries
  • Aditya Birla Group
  • Future group
  • Payment wall

For more information visit http://www.researchandmarkets.com/research/z6cc55/mobile_payment


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