Market Trend : Mobile Wallet Market Globally Grow at a CAGR of 35.5% by Revenue During the Period 2017-2021

ResearchMoz presents professional and in-depth study of “Global Mobile Wallet Market 2017-2021”.

The growing use of 3G and 2G mobile data and broadband globally is a major factor contributing to the growth of the global mobile wallet market. Mobile wallets are equipped with options like integration with coupons and tickets, which are making them highly popular among users.

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In addition, users can also save their card and bank details on their smartphones and make payments and purchases easily. The increasing technological advances in NFC devices and growing security of payment portals are other factors driving the market growth.

Technavios analysts forecast the global mobile wallet market to grow at a CAGR of 35.5% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global mobile wallet market for 2017-2021. To calculate the market size, the report considers the revenue generated from the from retail transactions sourced through mobile wallets. These transactions include m-commerce transactions, mobile ticketing, mobile coupons, money transfer, and micropayments.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

View Complete TOC with tables & Figures @ https://www.researchmoz.us/global-mobile-wallet-market-2017-2021-report.html/toc

Technavio’s report, Global Mobile Wallet Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Alibaba Group

Apple

Citrus Payment Solutions

Google

MasterCard

Oxigen Services

PayPal Holdings

Samsung Electronics

Visa

Other prominent vendors

Airtel

American Express

Bank of America

Dwolla

LevelUp

LivQuik

Merchant Customer Exchange

MobiKwik

M-Pesa

Square

Venmo

Y-cash Software Solutions

ZipCash

Market driver

High adoption of contactless payment solutions

For a full, detailed list, view our report

Market challenge

Lack of awareness about features of mobile wallet technology

For a full, detailed list, view our report

Market trend

Rapid growth in 3G/4G subscriptions and mobile data consumption

For a full, detailed list, view our report

Browse Report @ https://www.researchmoz.us/global-mobile-wallet-market-2017-2021-report.html

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

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