Global Mobile Payments Market Report 2022: A $587.5 Billion Market by 2030 - Growth of m-Commerce Industry & Growing Shift Toward Contactless Payments
DUBLIN, Sept. 21, 2022 /PRNewswire/ -- The "Mobile Payment Market Size, Share & Trends Analysis Report by Technology (Near Field Communication, Direct Mobile Billing), by Payment Type (B2B, B2C, B2G), by Location, by End Use, by Region, and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering.
The global mobile payment market size is expected to reach USD 587.52 billion by 2030, expanding at a CAGR of 35.3% from 2022 to 2030
The market growth can be attributed to the increasing shift toward contactless payment amid the COVID-19 pandemic. Moreover, the increasing popularity of the e-commerce industry across the globe is expected to accelerate the adoption of mobile payment over the forecast period.
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SOURCE Research and Markets