The global mobile payment market size was USD 972.40 Billion in 2022 and is expected to register a rapid revenue CAGR of 14.3% during the forecast period. Increasing use of contactless payments and rising number of loyalty benefits in a mobile environment are key factors driving market revenue growth.
The global Mobile Payment Market report published by Emergen Research assesses the Mobile Payment market with regards to market size, market share, revenue growth, key segments, and regional bifurcation. The global Mobile Payment market is highly fragmented with numerous players operating on a global and regional level. The companies are engaged in mergers and acquisitions, joint ventures, and collaborations along with product advancements and R&D activities to cater to the growing global demand and gain a robust footing in the market.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Mobile Payment market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
Google LLC, Samsung Group, Amazon.com Inc., Apple Inc., Paypal Inc., Visa Inc., MasterCard Inc., Alipay.com, American Express Banking Corp., and MobiKwik System Limited
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Emergen Research has segmented the global Mobile Payment market on the basis of type, application, end-use, and region:
Segments Covered in this report are:
Location Outlook (Revenue, USD Billion; 2019-2032)
Proximity
Remote
Mode of Transaction Outlook (Revenue, USD Billion; 2019-2032)
Mobile Web Payments
Near Field Communication
Mobile Application
Others
End-use Outlook (Revenue, USD Billion; 2019-2032)
Banking, Financial Services, and Insurance (BFSI)
Media & Entertainment
Retail & E-commerce
Healthcare
Information Technology (IT) & Telecom
Others
The various regions analyzed in the report include:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
Analysis and estimation of the Mobile Payment Market size and share for the projected period of 2022-2030
Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Mobile Payment Market
Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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