Mobile Wallet and Payment Technologies: Global Markets

Published - Apr 2019| Code - FIN002A| Analyst - BCC Research Staff

Report Highlights

The global market for mobile wallet and payment technologies should grow from $35.7 billion in 2018 to $138.5 billion by 2023 at a compound annual growth rate (CAGR) of 31.1% for the period of 2018-2023.

Report Includes

  • 83 data tables
  • An overview of the global markets for mobile wallet and payment technologies
  • Analyses of global market trends, with data from 2017, 2018, and projections of compound annual growth rates (CAGRs) through 2023
  • Information on key segments of mobile wallet and payment technologies including application, mode of payment, and region
  • Description of components of mobile payment and infrastructure status for NFC (near-field communication)
  • Snapshot of mobile wallet procurement systems and life cycle management
  • Insights of legislation and regulations related to industry
  • Profiles of major companies of the industry including, American Express, Citigroup Inc., Fidelity National Information Services Inc., Mastercard and Visa Inc.

Report Scope

The scope of this study includes market information on mobile wallet and payment technologies and their key segments, including applications, modes of payment, stakeholders and regions. However, the scope of the mobile wallet market excludes online payments methods such as IMPS, NEFT and RTGS that are followed in banks; payments through debit or credit cards (electronic fund transfers at the point of sales); and online trading. The mobile wallet includes only payments made through exclusive service providers using a personalized mobile wallet account.

By application, the mobile wallet and payment technology market is segmented into mobile commerce (mobile shopping, mobile bill payments, hospitality, and mobile entertainment and event pay), mobile ticketing (such as tickets and boarding passes for trains, buses, other metro transit options and airplanes), mobile coupon, mobile transfer, mobile micropayment and others.

The market by mode of payment includes remote payment, which includes SMS and unstructured supplementary service data, and near-field communication (NFC), which includes NFC handsets, NFC chips and tags, NFC readers, NFC micro SD and NFC SIM/universal integrated circuit [UICC] cards.

In addition, the mobile wallet and payment technology market is segmented by stakeholders, including mobile network operators, handset and other hardware solution manufacturers, mobile payment networks and banks, operational support system (OSS) and business support system (BSS) solution providers, software developers and cloud computing, content and application aggregators, trusted service managers and other stakeholders.

The market breakdown by geographic region includes North America (U.S., Canada and Mexico); Europe, the Middle East and Africa (EMEA) (Germany, France, U.K., Italy and others), Asia-Pacific (China, India, Japan, Australia and others) and Rest of World (Argentina, Brazil and others).

The study undertakes an in-depth analysis of various market segments, and their revenue forecasts are given for all of the above-mentioned segments in the mobile wallet and payment technology market with estimated values derived from vendors’ total revenue. Market estimates are provided for 2017 and 2018 and forecast for 2023.

The report also includes a discussion of the major players across each regional market. Further, it explains the major drivers, restraints and challenges, and technologies of the market. The report concludes with a special focus on patents and the vendor landscape, which includes detailed profiles of major vendors in the global mobile wallet and payment technology market. Some of the companies profiled in the report include Alphabet Inc., PayPal Holding Inc., Paytm Mobile Solutions Pvt. Ltd, Visa Inc., Apple Inc., Google, Mastercard, Alibaba Group and Samsung electronics. Co. Ltd.

Analyst Credentials

BCC Research staff comprises expert analysts who are skilled in conducting primary research, secondary research and data analysis and have decades of combined experience covering a wide range of industries, including healthcare, advanced materials and emerging technologies. Collectively, the team represents a diverse set of educational achievements with individual graduate work completed in fields such as microbiology, electrical engineering, business administration and surgery, among others.

Table of Contents & Pricing

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Note: Reports are discounted or included with certain Memberships. See Membership Options.
Title/Chapter Name Pages Price Member Price
Full Report: Mobile Wallet and Payment Technologies: Global Markets 154 $5,500 Free
Chapter- 1: Introduction8Free DownloadFree
Chapter- 2: Summary and Highlights2$250Free
Chapter- 3: Market Overview25$905Free
Chapter- 4: Supporting Equipment and Technology Overview4$145Free
Chapter- 5: Market Breakdown by Application21$760Free
Chapter- 6: Market Breakdown by Mode of Payment16$579Free
Chapter- 7: Market Breakdown by Region19$688Free
Chapter- 8: Market Breakdown by Stakeholders7$253Free
Chapter- 9: Competitive Analysis11$398Free
Chapter- 10: Patent Analysis4$145Free
Chapter- 11: Company Profiles35$1,266Free
Chapter- 12: Appendix: List of Acronyms2$72Free
 
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