Worldwide Mobile Payments Market- Global Drivers, Trends and Forecast to 2021
- June, 2015
- Domain: ICT - Social, Mobile, Analytics & Cloud (SMAC)
- Get Free 10% Customization in this Report
Mobile payments are the payment services performed via a mobile device, under certain financial regulations. Instead of paying through cash, credit cards and cheques, users can pay for various goods and services just using their mobile device. Mobile payments provide cost savings to the vendor, as well as rise in business volume. The technology has recently started to grow at a faster pace, and the support for it is widely becoming available now.
Mobile payment is witnessing a high adoption rate in several countries across the world, especially the developing countries. There has been a high growth in the number of mobile wallets suggesting a high growth rate of mobile payments market. In the developing countries, the services are meant to be extended to the people who don’t have access and information of banking services. Innovation across service delivery and interoperability are likely to drive the market in the next 5 years.
Emergence of e-commerce industry, increase in the penetration rate of smart phones, changing lifestyle, and benefits of hassle free and fast transactions are the major drivers for the growth of mobile payments market. The market is segmented by types of mobile payment, transaction mode, verticals, and regions. Some of the key mobile payments market vendors are MasterCard, PayPal, Vodacom Group Limited, Orange SA, Bharti Airtel, MTN, Mahindra, and Safaricom.
The study covers and analyses the “Mobile Payments” market. Bringing out the complete key insights of the industry, the report aims to provide an opportunity for players to understand the latest trends, current market scenario, government initiative, and technologies related to the market. In addition, helps the venture capitalist in understanding the companies better and take informed decisions.
1.1 Industry Overview
1.2 Industry Trends
1.3 PESTEL Analysis
2 Report Outline
2.1 Report Scope
2.2 Report Summary
2.3 Research Methodology
2.4 Report Assumptions
3 Market Snapshot
3.1 Total Addressable Market (TAM)
3.2 Segmented Addressable Market (SAM)
3.3 SAM as a Segment of TAM
3.4 Related Markets
4 Market Outlook
4.4 Porter 5 (Five) Forces
5 Market Characteristics
5.1 Market Trends
5.2 Value Chain
5.3 Market Dynamics
5.4 DRO – Impact Analysis
5.5 Key Stakeholders
6 Transaction mode: Market Size and Analysis
7 Mobile payment: Market Size and Analysis
7.2 Mobile money
7.3 Mobile wallets
9 Regions: Market Size & Analysis
9.2 North America
9.4 Asia Pacific
9.5 Latin America
9.6 Middle East & Africa
10 Competitive Analysis
10.2 Orange SA
10.3 Vodacom Group Limited
Includes other major vendors
11 Vendor Profiles*
11.1 Orange SA
11.2 Vodacom Group Limited
Includes other major vendors
12 Companies to Watch for #
13 Expert’s Views
* Vendor profiles will include: overview, business units, geographical revenue, recent developments, business focus, SWOT, and business strategy
# Companies to watch for will include small private players present in Indian market
Infoholic Research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:
- Data Collation (Primary & Secondary)
- In-house Estimation (Based on proprietary data bases and Models)
- Market Triangulation
Market related information is congregated from both primary and secondary sources.
Involved participants from all global stakeholders such as Solution providers, service providers, Industry associations, thought leaders etc. across levels such as CXOs, VPs and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services.
Include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications along with paid sources such as Factiva, OneSource, Bloomberg among others.