The Global Mobile Money Market is estimated to exhibit a CAGR of 34.4% during the forecast period of 2021-2028. Threat intelligence market size is valued at USD 970.74 million by 2028. Increase in the number of mobile subscribers is an essential factor driving the mobile money market.
However, rising lack of accessibility to the financial institutions providing mobile money systems and increasing concerns over data security are the major factors among others restraining the market growth.
Global Mobile Money Market
According to Data Bridge Market Research, the mobile money market will exhibit a significant rise in its market value. Increasing government initiatives to promote cashless economy, rising adoption for mobile point of sale, increasing number of NFC-enabled handset and rising research and development activities in the market will further create new opportunities for mobile money market.
Currently, Asia-Pacific will dominate the global mobile money market owing to the rising ownership of smartphones, increasing adoption of e-commerce and rising recent government regulations in this region.
Now the question is which are the other regions that the mobile money market is targeting? Data Bridge Market Research has estimated a large growth in North America owing to the rising recent technology developments and high level of financial inclusion in this region.
For more analysis on the global mobile money market request for a briefing with our analysts, https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-mobile-money-market
Scope of the Mobile Money Market
The global mobile money market is segmented on the basis of countries into U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), South Africa, Saudi Arabia, U.A.E, Israel, Egypt, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
- All country based analysis of mobile money market is further analysed based on maximum granularity into further segmentation. The market is also segmented on the basis of type of payments into emote payments and proximity payments. Based on transaction mode, the Mobile Money Market is segmented into NFC/smart card, direct mobile billing, mobile web/WAP payments, SMS, STK/USSD, mobile apps, IVRS, QR codes and others. Based on payment nature, the Mobile Money Market is segmented into person to person (P2P), person to business (P2B), business to person (B2P) and business to business (B2B). Based on application, the Mobile Money Market is segmented into money transfers, bill payments, airtime transfer and top-ups, travel and ticketing and merchandise and coupons. The mobile money market is also segmented on the basis of industry vertical into BFSI, telecom and IT, media and entertainment, healthcare, retail, travel and hospitality, transportation and logistics, energy and utilities and others.
- Mobile money is defined as the payment of money without using hard cash through your mobile devices. These systems help in providing a financial inclusion as well as an opportunity for service providers.
To know more about the study, https://www.databridgemarketresearch.com/reports/global-mobile-money-market
Key Pointers Covered in the Mobile Money Market Industry Trends and Forecast to 2028
- Market Size
- Market New Sales Volumes
- Market Replacement Sales Volumes
- Market By Brands
- Market Procedure Volumes
- Market Product Price Analysis
- Regulatory Framework and Changes
- Prices and Reimbursement Analysis
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Market Upcoming Applications
- Market Innovators Study
Key Market Competitors Covered in Mobile Money Market report
- Vodafone Group
- Fortumo
- Mastercard
- Comviva
- PayPal
- Airtel India
- Fiserv, Inc. or its affiliates
- Ingenico
- Orange
- Infobip ltd
- Centili Limited
- Apple Inc
- VeriFone, Inc.
- Freecharge Payment Technologies Pvt Ltd
- FIS
- Tata Teleservices Ltd.
- SAMSUNG
- American Express Company
- WePay Inc.
Above are the key players covered in the report, to know about more and exhaustive list of mobile money market companies contact us, https://www.databridgemarketresearch.com/toc/?dbmr=global-mobile-money-market
Research Methodology: Global Mobile Money Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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