Mobile Payment Technology Market

Apr 2020| VMR2534A| Verified Market Research

Report Highlights

Mobile Payment Technology Market Size And Forecast

Mobile Payment Technology Market was valued at USD 192.07 Billion in 2018 and is projected to reach USD 7781.06 Billion by 2026, growing at a CAGR of 58.85 % from 2019 to 2026.

Global Mobile Payment Technology Market Outlook

The growing penetration of smartphones is driving the growth of the market. The market is anticipated to grow at a rapid rate, attributed to Growing digitalization. Online sales, smart devices have changed the way of payment. Many banks have adopted technology into their banking apps that allow the customer to send money directly from their banking account. Mobile payment simply by scanning a barcode on an app at convenience stores to large, multi-national retailers are trending nowadays. Mobile payments have become increasingly popular owing to assured flexibility, and convenience. Players within the market are actively collaborating with banks to bring a new application, the degree of the entrance is estimated to be high during the forecast period.

Global Mobile Payment Technology Market Competitive Landscape

The Global Mobile Payment Technology Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Orange S.A., Vodacom Group Limited, MasterCard Incorporated, Bharti Airtel Limited, MTN Group Limited, Safaricom Limited, PayPal Holdings Inc., Econet Wireless Zimbabwe Limited, Millicom International Cellular SA, Mahindra Comviva, AT &TS, JIO, Apple Inc., and Google LLC.

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