Mobile Money Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Request Brochure Request Discount

Report Code: ZMR-697 | Report Format : | Status : Upcoming |

Abstract

Global Mobile Money Market: Overview

Mobile money is a convenient and efficient method of making payments, transferring money and other transactions through a mobile phone. It provides better option along with a complete integrated system for transferring money with a very convenient way. Companies focus on strategies to adopt innovative mobile-centric payment systems in order to fasten the process. These services are initiated through mobile wallet by using a mobile phone. Mobile money is accompanied by the broader area of electronic commerce where mobile device are used to purchase items, physical or electronically. The mobile money market is continuously evolving and enables development of new technologies. Mobile money offers advantages of availability of different sources for money transaction from one place to another. This mode does money transactions quickly and within less time and no effort.

Global Mobile Money Market: Growth Factors

Constantly developing technology comprised of new product lines are the major drivers for the global mobile money market. Mobile money has become a crucial component of the advance e-commerce industries. In last few years, mobile money market has experienced a rapid upsurge in increasing automation, integrating the entire value chain, and technological advancements of the e-commerce industries. This is anticipated to foster the global mobile money market growth in next few years. Growth in the e-commerce activities and increasing awareness consumer awareness about the internet may fuel the global market growth in coming years. Increasing double income and rising urbanization is expected to propel the global mobile money market growth. However, huge initial investment needs for development of mobile money may hinder the global market growth.

Global Mobile Money Market: Segmentation

The global mobile money market is classified based on the nature of payment as business-to-business, person-to-business, person-to-person, and business-to-person. On the basis of transaction mode, the global market is bifurcated as IVRS, NFC/smart card, STK/USSD, direct mobile billing, mobile apps, mobile web/WAP payments, SMS, and others. Moreover, on the basis of the type of purchase, the global market is divided into travel and ticketing, money transfers and payments, airtime transfer and top-ups, digital products, and merchandise and coupons. Furthermore, based on vertical, the global mobile money market is fragmented as energy and utilities, media and entertainment, travel and hospitality, BFSI, transportation and logistics, healthcare, retail, telecom and IT, and others.

Global Mobile Money Market: Regional Analysis

North America accounted for the largest market share in the global mobile money market where consumers are adopting mobile money at large extent. Emerging countries such as China, India, Malaysia, and Vietnam are contributing to significant growth in the global mobile money market. However, South Africa, Kenya, and Latin America are growing at the fastest rate to grab largest market share in the global market, which may enhance the global mobile money market in future.

Global Mobile Money Market: Competitive Players

Major players dominating the global mobile money market are Boku, Inc., WePay, Inc., Amobee, Inc., Paypal, Inc., Stripe, Dwolla, Inc., Judo Payments, Bango.net Limited, Square, Inc., and Fortumo OÜ.

Global Mobile Money Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Workflow Orchestration Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2024

Price : $ 3999.00 | Report Code: ZMR-2921 | Report Format:

Global Workflow Orchestration Market: Overview An orchestration workflow defines a logical flow of activities or task from a start event to an end event to complete a specific service. There are three types of orchestration workflows: Self-service offerings in which user interface and the servic...Read More

Open Source Intelligence Market by Deployment Type (Cloud and On-premises); by Source (Public Government Data, Professional and Academic Publications, Commercial Data, Grey Literature, Media, and Internet); by Security Type (Data Analytics, Text Analytics, Artificial Intelligence, Big Data, Human Intelligence, Content Intelligence, and Dark Web Analysis); for Application (Private Sector, Public Sector, Military and Defense, Homeland Security, and National Security) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2026

May-2018 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-2910 | Report Format:

The report covers forecast and analysis for the open source intelligence market on a global and regional level. The report includes the positive and the negative factors that are influencing the growth of the market. Future market opportunities are discussed in the report. Data included in the ...Read More

Enterprise File Synchronization and Sharing (EFSS) Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts, 2018–2024

Price : $ 3999.00 | Report Code: ZMR-2904 | Report Format:

Global Enterprise File Synchronization and Sharing Market: Overview Enterprise file synchronization and sharing is a process which aids an individual in an organization to share or synchronize the documents, data, files, photos or videos among various devices like PC, laptops, and smartphones. I...Read More

Data Resiliency Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2024

Price : $ 3999.00 | Report Code: ZMR-2898 | Report Format:

Global Data Resiliency Market: Overview Several times the business suffers because of the technology crash down or data hacking, thus causing damage the brand image of the organization. Technology enhances the customer experience but the complexity of the technology increases fragility. Thus org...Read More

Data Masking Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2024

Price : $ 3999.00 | Report Code: ZMR-2897 | Report Format:

Data Masking Market Overview: As the name suggests data masking is nothing but masking the organizations data to create structurally similar but inauthentic version of the original data. The preliminary function of data masking is to provide protection to the real or actual data from overexposur...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.