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Mobile Payment Market
Mobile Payment Market Size, Share, Forecast, & Trends Analysis by Method (Mobile Wallets, QR Code, Mobile Commerce, Mobile Point of Sale), Application (B2B, B2C, B2G), Location (Remote, Proximity), End-user (BFSI, Retail & E-commerce, Healthcare), and Geography - Global Forecast to 2031
Report ID:MRICT - 1041294 Pages: 230 Aug-2024 Formats*: PDF Category: Information and Communications Technology Delivery: 24 to 72 HoursMobile Payment Market Size & Forecast
The Mobile Payment Market is projected to reach $3,929 billion by 2031, at a CAGR of 27.2% from 2024–2031. The growth of the mobile payment market is driven by the increasing digitalization of payment services via smartphones and expanding government initiatives to promote cashless transactions. Furthermore, the rising integration of near-field communication (NFC) in mobile payment for secure and contactless transactions is expected to generate growth opportunities for the players operating in this market.
Mobile Payment Market Growth Drivers
Growing Digitalization of Payment Service Through Smartphones
In recent years, the surge in digital payment services has been driven by the rapid adoption of smartphones and improved internet access. This has led to a notable rise in the use of mobile payment methods, including mobile wallets, UPI, QR codes, and mobile point-of-sale systems. As customer demand for streamlined and convenient payment options grows, more businesses are increasingly integrating mobile payment services into their in-store operations.
Moreover, with the growing digitalization of payment services through mobile devices, various companies are offering mobile payment solutions that help reduce checkout and wait times for both customers and merchants. As the advantages of mobile payment solutions become more evident, an increasing number of companies are launching these services to facilitate the purchase and sale of goods and services.
For example, in November 2022, Honeywell International Inc. (U.S.) introduced Honeywell Smart Pay, a contactless software payment solution that transforms the company’s mobile computers into secure and compliant payment terminals. This solution allows for the acceptance of contactless mobile payment from any location where a business sells or delivers goods and services. These advancements in digital payment services through mobile devices are expected to drive increased demand for mobile payment throughout the forecast period.
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Mobile Payment Market Opportunity
Rising Integration Of Near Field Communication (NFC) in Mobile Payment for Secure and Contactless Transactions
Near Field Communication (NFC) is a wireless technology that allows devices to communicate with each other over short distances. NFC payment are contactless and secure transactions that use NFC-enabled devices, such as smartphones or smartwatches, to make secure transactions at point-of-sale terminals. Additionally, NFC payment are ideal for businesses of all sizes as they provide a seamless and efficient payment processing option. Today’s smartphones are equipped with NFC technology, enabling users to make payment through various options such as payment apps, digital wallets, and UPI. Consequently, the growing adoption of NFC payment in businesses offers customers a smooth and hassle-free payment experience, allowing them to complete transactions quickly and securely using their mobile devices.
The growing integration of NFC in mobile payment encourages companies to focus on NFC-based mobile payment solutions to support contactless and secure transactions. For instance, in September 2022, ProvidusBank (Nigeria), Mastercard International Incorporated (U.S.), Interswitch Group (Nigeria), and Thales Group (France) introduced a new Tap-to-Pay service. The service allows cardholders to make fast, secure, and convenient in-store payment by tapping their NFC-enabled smart device at any contactless-enabled payment terminal. Such collaborative efforts of companies to provide the benefits of secure and contactless payment to consumers contribute to the adoption of NFC technology.
Mobile Payment Market Trend
Growing Adoption of Artificial Intelligence-based Applications in Payment
Recently, the adoption of AI in mobile payment has increased to ensure secure payment and improve customer experience. The increasing use of AI-based applications in payment enhances transparency and accountability, boosting customer confidence in using mobile payment. Moreover, the growing integration of AI in mobile payment uses advanced algorithms that enable to identify and mitigate fraud while making payment. This advantage drives greater demand for mobile payment across various sectors, including financial institutions, banks, retail and e-commerce, and healthcare.
Additionally, through machine learning and predictive analytics, these AI systems scrutinize extensive datasets to pinpoint fraud in real time, adapting to new fraudulent patterns over time in mobile payment. Thus, several companies are providing AI-based mobile payment applications that help to analyze data such as customer preferences and purchase history to provide personalized payment options and recommendations. This can improve the user experience and increase customer loyalty. Such increasing use of AI technology in mobile payment can enhance payment security and reduce the possibilities of cyberattacks.
Mobile Payment Market Analysis: Key Findings
By Method: The Mobile Wallets Segment to Dominate the Mobile Payment Market, in 2024
Based on method, the global mobile payment market is segmented into mobile wallets, mobile point of sale, mobile commerce, quick response (QR) code payment, SMS payment, and other methods. In 2024, the mobile wallets segment is expected to account for the largest share of over 49.0% of the mobile payment market. The segment's large market share is attributed to the growing adoption of mobile wallets due to their advanced encryption techniques to safeguard user data during transactions, increasing use of mobile wallets for quick and hassle-free payment with a simple tap or scan, growing usage of mobile wallets in transportation for ticketing and parking of vehicles. Additionally, the growing integration of tokenization in mobile wallets enhances payment security and protects sensitive account data.
However, the quick response (QR) code payment segment is expected to register the highest CAGR during the forecast period. The growth of this segment is attributed to the increasing government focus on cashless payment, the growing adoption of QR code payment in retail & E-commerce, hospitality, and healthcare industries, and the increasing use of QR code payment, which offer high security through encryption and tokenization to protect customer information.
By Application: The Business-to-Business Segment to Dominate the Mobile Payment Market, in 2024
Based on application, the global mobile payment market is segmented into business-to-business, business-to-consumer, business-to-government, and other applications. In 2024, the business-to-business segment is expected to account for the largest share of over 47.0% of the mobile payment market. The segment's large market share is attributed to the growing adoption of mobile payment in B2B for faster transaction processing as compared to traditional methods like checks or wire transfers and the increasing use of B2B mobile payment platforms to accommodate growing transaction volumes and expanding business operations. Additionally, mobile payment allow businesses to initiate and manage transactions directly from their mobile devices, regardless of location or time zone.
However, the business-to-consumer segment is expected to register the highest CAGR during the forecast period. The growth of this segment is driven by the increasing adoption of B2C mobile payment, which provide a convenient way for consumers to make purchases using their smartphones or mobile devices. Additionally, the rise in B2C mobile payment platforms helps generate valuable data and analytics on consumer behavior, purchasing patterns, and preferences. Furthermore, the growing use of mobile wallets is helping businesses reduce costs associated with payment processing.
By Location: The Remote Segment to Dominate the Mobile Payment Market, in 2024
Based on location, the global mobile payment market is segmented into remote and proximity. In 2024, the remote segment is expected to account for the larger share of over 61.0% of the global mobile payment market. The segment's large market share is attributed to the growing use of mobile payment via remote locations due to the availability of mobile networks to conduct transactions from anywhere with cellular networks and the increasing use of remote mobile payment for businesses operating in remote areas to accept digital payment from customers.
Also, the remote segment is expected to register a higher CAGR during the forecast period.
By End User: The Retail & E-commerce Segment to Dominate the Mobile Payment Market, in 2024
Based on end-user, the global mobile payment market is segmented into BFSI, retail & E-commerce, healthcare, travel & hospitality, transportation, IT & telecom, media & entertainment, energy & utilities, and other end-users. In 2024, the retail & E-commerce segment is expected to account for the largest share of over 24.0% of the global mobile payment market. The segment's significant market share is attributed to the rising adoption of mobile wallets in retail environments, which facilitate quick and hassle-free payment through a simple tap or scan. Additionally, the growing use of mobile payment helps streamline the checkout process, enhancing customer satisfaction and boosting loyalty. Moreover, the retail & E-commerce business is increasingly adopting mobile payment to facilitate cross-country transactions by simplifying currency exchange and adhering to local payment preferences.
However, the BFSI segment is anticipated to register the highest CAGR during the forecast period. This growth is driven by the increasing adoption of mobile payment by banks and financial institutions, which helps reduce costs related to physical infrastructure, such as branches, ATMs, and cash handling. Additionally, the rising use of mobile payment generates substantial transaction data, allowing for a deeper understanding of customer behavior, preferences, and spending patterns.
Additionally, the advancement of technologies such as encryption and authentication in mobile payment enhances security, reduces risks associated with cash transactions, and prevents unauthorized access to accounts, thereby increasing the demand for mobile payment in the BFSI sector.
Geographical Analysis
Asia-Pacific Region to Dominate the Mobile Payment Market in 2024
In 2024, Asia-Pacific is expected to account for the largest share of over 38.0% of the mobile payment market. Asia-Pacific’s significant market share can be attributed to the growing adoption of mobile payment in the region due to the rise in online shopping and E-commerce platforms among consumers; the increasing government initiative in countries such as India, China, and Japan for cashless payment in businesses; and the rising use of mobile payment in BFSI sector in the region for secure and authorized transactions. Additionally, the increasing penetration of smartphones and widespread internet usage has accelerated the adoption of mobile payment in the region.
Also, Asia-Pacific is expected to register the highest CAGR of above 28.5% during the forecast period.
Mobile Payment Market: Key Companies
The report offers a competitive analysis based on an extensive assessment of the leading players’ product portfolios, geographic presence, and key growth strategies adopted in the last three to four years. Some of the key players operating in the mobile payment market are MoneyGram Payment Systems, Inc. (U.S.), Apple Inc. (U.S.), Google LLC (A Subsidiary of Alphabet Inc.) (U.S.), Mastercard Inc. (U.S.), Alibaba Group Holding Limited (China), PayPal Holdings, Inc. (U.S.), Samsung Electronics Co., Ltd. (South Korea), Visa Inc. (U.S.), Tencent Holdings Ltd (China), Amazon.com, Inc. (U.S.), American Express Company (U.S.), M-Pesa (Vodafone Group Plc) (U.K.), One MobiKwik Systems Limited (India), Orange S.A. (France), and Oxigen Services (India) Pvt. Ltd (India).
Mobile Payment Industry Overview: Latest Developments from Key Industry Players
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In April 2024, OneShield (U.S.) partnered with One Inc (U.S.) to enhance digital payment solution offering. One Inc's digital payment platform provides insurers with a secure, seamless, and customizable payment process across multiple channels, including web, mobile, and call centers.
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In April 2024, Mastercard Inc (U.S.) recently launched a mobile virtual card app designed to simplify travel and business expenses. The app utilizes Mastercard’s virtual card and tokenization platforms, providing enhanced data insights and robust spend controls within an intuitive interface.
- In September 2022, Mobiblanc Finance (Morocco) and Skaleet (France) launched of a new mobile payment project with the National Bank of Mauritania (BNM). The e-Wallet ecosystem provided by BNM not only ensures security but also aims to facilitate access to basic financial services for unbanked populations.
Mobile Payment Market Research Summary
|
Particulars |
Details |
|
Number of Pages |
230 |
|
Format |
|
|
Forecast Period |
2024–2031 |
|
Base Year |
2023 |
|
CAGR (Value) |
27.2% |
|
Market Size (Value) |
USD 3,929 Billion by 2031 |
|
Segments Covered |
By Method
By Application
By Location
By End-user
|
|
Countries Covered |
North America (U.S., Canada), Europe (Germany, U.K., France, Italy, Netherlands, Spain, Sweden, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Singapore, Australia & New Zealand, Indonesia, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and the Middle East & Africa (Saudi Arabia, UAE, Israel, and Rest of the Middle East & Africa) |
|
Key Companies |
MoneyGram Payment Systems, Inc. (U.S.), Apple Inc. (U.S.), Google LLC (A Subsidiary of Alphabet Inc.) (U.S.), Mastercard Incorporated (U.S.), Alibaba Group Holding Limited (China), PayPal Holdings, Inc. (U.S.), Samsung Electronics Co. Ltd. (South Korea), Visa Inc. (U.S.), Tencent Holdings Ltd (China), Amazon.com, Inc. (U.S.), American Express Company (U.S.), M-Pesa (U.K.), One MobiKwik Systems Limited (India), Orange S.A. (France), and Oxigen Services (India) Pvt. Ltd (India). |
Key questions answered in the mobile payment market report:
The mobile payments market study focuses on market assessment and opportunity analysis based on the sales of mobile payments solutions across various regions, countries and market segments. The study also includes a competitive analysis based on an extensive assessment of the leading players’ product portfolios, geographic presence, and key growth strategies adopted in the last three to four years (2020-2024).
The global mobile payment market is projected to reach $3,929 billion by 2031, at a CAGR of 27.2% from 2024–2031.
In 2024, the mobile wallets segment is expected to account for the largest share of over 49.0% of the mobile payments market. The segment's substantial market share is attributed to the rising adoption of mobile wallets, driven by their advanced encryption techniques that safeguard user data during transactions. Additionally, the increasing use of mobile wallets for quick and hassle-free payments with a simple tap or scan, as well as their growing application in transportation for ticketing and parking, further contribute to the segment's expansion.
The business-to-consumer segment is expected to register the highest CAGR during the forecast period. This segment's growth is attributed to the rising adoption of B2C mobile payments, which offer a convenient way for consumers to make purchases using their smartphones or mobile devices. Additionally, the increasing use of B2C mobile payment platforms is generating valuable data and analytics on consumer behavior, purchasing patterns, and preferences.
The growth of the mobile payments market is driven by the expanding digitalization of payment services via smartphones and increasing government initiatives for cashless transactions are driving market growth. Additionally, the rising integration of near-field communication (NFC) technology in mobile payments for secure and contactless transactions is expected to create further growth opportunities for market players.
The key players operating in the mobile payments market are MoneyGram Payment Systems, Inc. (U.S.), Apple Inc. (U.S.), Google LLC (A Subsidiary of Alphabet Inc.) (U.S.), Mastercard Inc (U.S.), Alibaba Group Holding Limited (China), PayPal Holdings, Inc. (U.S.), Samsung Electronics Co., Ltd. (South Korea), Visa Inc. (U.S.), Tencent Holdings Ltd (China), Amazon.com, Inc. (U.S.), American Express Company (U.S.), M-Pesa (Vodafone Group Plc) (U.K.), One MobiKwik Systems Limited (India), Orange S.A. (France), and Oxigen Services (India) Pvt. Ltd (India).
The Asia-Pacific market is expected to register the highest CAGR of over 28.5% during the forecast period. This market's growth is driven by the increasing adoption of mobile payment in the region, fueled by the rise in online shopping and e-commerce platforms among consumers. Additionally, government initiatives in countries such as India, China, and Japan to promote cashless payments in businesses, along with the growing use of mobile payment in the BFSI sector for secure and authorized transactions, are contributing to market expansion.
1. Introduction
1.1. Market Definition & Scope
1.2. Currency & Limitations
1.2.1. Currency
1.2.2. Limitations
2. Research Methodology
2.1. Research Approach
2.2. Process of Data Collection and Validation
2.2.1. Secondary Research
2.2.2. Primary Research / Interviews with Key Opinion Leaders from the Industry
2.3. Market Sizing and Forecast
2.3.1. Market Size Estimation Approach
2.3.2. Growth Forecast Approach
2.4. Assumptions for the Study
3. Executive Summary
3.1. Market Overview
3.2. Market Analysis, by Method
3.3. Market Analysis, by Application
3.4. Market Analysis, by Location
3.5. Market Analysis, by End-user
3.6. Market Analysis, by Geography
3.7. Competitive Analysis
4. Market Insights
4.1. Overview
4.2. Factors Affecting Market Growth
4.2.1. Drivers
4.2.1.1. Growing Digitalization of Payment Services Through Smartphones
4.2.1.2. Growing Government Initiatives for Cashless Payments
4.2.2. Restraints
4.2.2.1. Lack of Infrastructure in Developing Countries
4.2.3. Opportunities
4.2.3.1. Rising Integration of Near Field Communication (NFC) in Mobile Payments for Secure and Contactless Transactions
4.2.4. Challenges
4.2.4.1. Data Breaches and Identity Theft Concerns
4.3. Key Trends
4.3.1. Growing Adoption of Artificial Intelligence-based Applications in Payments
4.3.2. Surging Use Digital Payment Platforms for Tourist Destinations
4.4. Case Studies
4.4.1. Case Study A
4.4.2. Case Study B
4.4.3. Case Study C
4.5. Value Chain Analysis
5. Global Mobile Payments Market Assessment—by Method
5.1. Overview
5.2. Mobile Wallets
5.3. Mobile Point of Sale
5.4. Mobile Commerce
5.5. Quick Response (QR) Code Payments
5.6. SMS Payments
5.7. Other Methods
6. Global Mobile Payments Market Assessment—by Application
6.1. Overview
6.2. Business-to-Business
6.3. Business-to-Consumer
6.4. Business-to-Government
6.5. Other Applications
7. Global Mobile Payments Market Assessment—by Location
7.1. Overview
7.2. Remote
7.3. Proximity
8. Global Mobile Payments Market Assessment—by End-user
8.1. Overview
8.2. BFSI
8.3. Retail & E-commerce
8.4. Healthcare
8.5. Travel & Hospitality
8.6. Transportation
8.7. IT & Telecom
8.8. Media & Entertainment
8.9. Energy & Utilities
8.10. Other End-users
9. Mobile Payments Market Assessment—by Geography
9.1. Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.3. Europe
9.3.1. Germany
9.3.2. U.K.
9.3.3. France
9.3.4. Italy
9.3.5. Netherlands
9.3.6. Spain
9.3.7. Sweden
9.3.8. Rest of Europe
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.4.4. South Korea
9.4.5. Singapore
9.4.6. Australia & New Zealand
9.4.7. Indonesia
9.4.8. Rest of Asia-Pacific
9.5. Latin America
9.5.1. Mexico
9.5.2. Brazil
9.5.3. Rest of Latin America
9.6. Middle East & Africa
9.6.1. UAE
9.6.2. Saudi Arabia
9.6.3. Israel
9.6.4. Rest of Middle East & Africa
10. Competition Analysis
10.1. Overview
10.2. Key Growth Strategies
10.3. Competitive Benchmarking
10.4. Competitive Dashboard
10.4.1. Industry Leaders
10.4.2. Market Differentiators
10.4.3. Vanguards
10.4.4. Emerging Companies
10.5. Market Ranking, by Key Players
11. Company Profiles (Company Overview, Financial Overview, Product Portfolio, Strategic Development, and SWOT Analysis)
11.1. MoneyGram Payment Systems, Inc.
11.2. Apple Inc.
11.3. Google LLC (A Subsidiary of Alphabet Inc.)
11.4. Mastercard Inc.
11.5. Alibaba Group Holding Limited
11.6. PayPal Holdings, Inc.
11.7. Samsung Electronics Co., Ltd.
11.8. Visa Inc.
11.9. Tencent Holdings Ltd
11.10. Amazon.com, Inc.
11.11. American Express Company
11.12. M-Pesa (Vodafone Group Plc)
11.13. One MobiKwik Systems Limited
11.14. Orange S.A.
11.15. Oxigen Services (India) Pvt. Ltd
(Note: SWOT Analysis Will Be Provided for the Top 5 Companies)
12. Appendix
12.1. Available Customization
12.2. Related Reports
List of Tables
Table 1 Currency Conversion Rate (2019–2023)
Table 2 Global Mobile Payments Market, by Method, 2022–2031 (USD Million)
Table 3 Global Mobile Wallets Market, by Country/Region, 2022–2031 (USD Million)
Table 4 Global Mobile Point of Sale Market, by Country/Region, 2022–2031 (USD Million)
Table 5 Global Mobile Commerce Market, by Country/Region, 2022–2031 (USD Million)
Table 6 Global Quick Response (QR) Code Payments Market, by Country/Region, 2022–2031 (USD Million)
Table 7 Global SMS Payments Market, by Country/Region, 2022–2031 (USD Million)
Table 8 Global Other Methods Market, by Country/Region, 2022–2031 (USD Million)
Table 9 Global Mobile Payments Market, by Application, 2022–2031 (USD Million)
Table 10 Global Mobile Payments Market for Business-to-Business, by Country/Region, 2022–2031 (USD Million)
Table 11 Global Mobile Payments Market for Business-to-Consumer, by Country/Region, 2022–2031 (USD Million)
Table 12 Global Mobile Payments Market for Business-to-Government, by Country/Region, 2022–2031 (USD Million)
Table 13 Global Mobile Payments Market for Other Applications, by Country/Region, 2022–2031 (USD Million)
Table 14 Global Mobile Payments Market, by Location, 2022–2031 (USD Million)
Table 15 Global Remote Mobile Payments Market, by Country/Region, 2022–2031 (USD Million)
Table 16 Global Proximity Mobile Payments Market, by Country/Region, 2022–2031 (USD Million)
Table 17 Global Mobile Payments Market, by End-user, 2022–2031 (USD Million)
Table 18 Global Mobile Payments Market for BFSI, by Country/Region, 2022–2031 (USD Million)
Table 19 Global Mobile Payments Market for Retail & E-commerce, by Country/Region, 2022–2031 (USD Million)
Table 20 Global Mobile Payments Market for Healthcare, by Country/Region, 2022–2031 (USD Million)
Table 21 Global Mobile Payments Market for Travel & Hospitality, by Country/Region, 2022–2031 (USD Million)
Table 22 Global Mobile Payments Market for Transportation, by Country/Region, 2022–2031 (USD Million)
Table 23 Global Mobile Payments Market for IT & Telecom, by Country/Region, 2022–2031 (USD Million)
Table 24 Global Mobile Payments Market for Media & Entertainment, by Country/Region, 2022–2031 (USD Million)
Table 25 Global Mobile Payments Market for Energy & Utilities, by Country/Region, 2022–2031 (USD Million)
Table 26 Global Mobile Payments Market for Other End-Users, by Country/Region, 2022–2031 (USD Million)
Table 27 Global Mobile Payments Market, by Country/Region, 2022–2031 (USD Million)
Table 28 North America: Mobile Payments Market, by Country, 2022–2031 (USD Million)
Table 29 North America: Mobile Payments Market, by Method, 2022–2031 (USD Million)
Table 30 North America: Mobile Payments Market, by Application, 2022–2031 (USD Million)
Table 31 North America: Mobile Payments Market, by Location, 2022–2031 (USD Million)
Table 32 North America: Mobile Payments Market, by End User, 2022–2031 (USD Million)
Table 33 U.S.: Mobile Payments Market, by Method, 2022–2031 (USD Million)
Table 34 U.S.: Mobile Payments Market, by Application, 2022–2031 (USD Million)
Table 35 U.S.: Mobile Payments Market, by Location, 2022–2031 (USD Million)
Table 36 U.S.: Mobile Payments Market, by End-user, 2022–2031 (USD Million)
Table 37 Canada: Mobile Payments Market, by Method, 2022–2031 (USD Million)
Table 38 Canada: Mobile Payments Market, by Application, 2022–2031 (USD Million)
Table 39 Canada: Mobile Payments Market, by Location, 2022–2031 (USD Million)
Table 40 Canada: Mobile Payments Market, by End-user, 2022–2031 (USD Million)
Table 41 Europe: Mobile Payments Market, by Country/Region, 2022–2031 (USD Million)
Table 42 Europe: Mobile Payments Market, by Method, 2022–2031 (USD Million)
Table 43 Europe: Mobile Payments Market, by Application, 2022–2031 (USD Million)
Table 44 Europe: Mobile Payments Market, by Location, 2022–2031 (USD Million)
Table 45 Europe: Mobile Payments Market, by End-user, 2022–2031 (USD Million)
Table 46 Germany: Mobile Payments Market, by Method, 2022–2031 (USD Million)
Table 47 Germany: Mobile Payments Market, by Application, 2022–2031 (USD Million)
Table 48 Germany: Mobile Payments Market, by Location, 2022–2031 (USD Million)
Table 49 Germany: Mobile Payments Market, by End-user, 2022–2031 (USD Million)
Table 50 France: Mobile Payments Market, by Method, 2022–2031 (USD Million)
Table 51 France: Mobile Payments Market, by Application, 2022–2031 (USD Million)
Table 52 France: Mobile Payments Market, by Location, 2022–2031 (USD Million)
Table 53 France: Mobile Payments Market, by End-user, 2022–2031 (USD Million)
Table 54 U.K.: Mobile Payments Market, by Method, 2022–2031 (USD Million)
Table 55 U.K.: Mobile Payments Market, by Application, 2022–2031 (USD Million)
Table 56 U.K.: Mobile Payments Market, by Location, 2022–2031 (USD Million)
Table 57 U.K.: Mobile Payments Market, by End User, 2022–2031 (USD Million)
Table 58 Italy: Mobile Payments Market, by Method, 2022–2031 (USD Million)
Table 59 Italy: Mobile Payments Market, by Application, 2022–2031 (USD Million)
Table 60 Italy: Mobile Payments Market, by Location, 2022–2031 (USD Million)
Table 61 Italy: Mobile Payments Market, by End-user, 2022–2031 (USD Million)
Table 62 Spain: Mobile Payments Market, by Method, 2022–2031 (USD Million)
Table 63 Spain: Mobile Payments Market, by Application, 2022–2031 (USD Million)
Table 64 Spain: Mobile Payments Market, by Location, 2022–2031 (USD Million)
Table 65 Spain: Mobile Payments Market, by End-user, 2022–2031 (USD Million)
Table 66 Netherlands: Mobile Payments Market, by Method, 2022–2031 (USD Million)
Table 67 Netherlands: Mobile Payments Market, by Application, 2022–2031 (USD Million)
Table 68 Netherlands: Mobile Payments Market, by Location, 2022–2031 (USD Million)
Table 69 Netherlands: Mobile Payments Market, by End-user, 2022–2031 (USD Million)
Table 70 Sweden: Mobile Payments Market, by Method, 2022–2031 (USD Million)
Table 71 Sweden: Mobile Payments Market, by Application, 2022–2031 (USD Million)
Table 72 Sweden: Mobile Payments Market, by Location, 2022–2031 (USD Million)
Table 73 Sweden: Mobile Payments Market, by End-user, 2022–2031 (USD Million)
Table 74 Rest of Europe: Mobile Payments Market, by Method, 2022–2031 (USD Million)
Table 75 Rest of Europe: Mobile Payments Market, by Application, 2022–2031 (USD Million)
Table 76 Rest of Europe: Mobile Payments Market, by Location, 2022–2031 (USD Million)
Table 77 Rest of Europe: Mobile Payments Market, by End-user, 2022–2031 (USD Million)
Table 78 Asia-Pacific: Mobile Payments Market, by Country/Region, 2022–2031 (USD Million)
Table 79 Asia-Pacific: Mobile Payments Market, by Method, 2022–2031 (USD Million)
Table 80 Asia-Pacific: Mobile Payments Market, by Application, 2022–2031 (USD Million)
Table 81 Asia-Pacific: Mobile Payments Market, by Location, 2022–2031 (USD Million)
Table 82 Asia-Pacific: Mobile Payments Market, by End-user, 2022–2031 (USD Million)
Table 83 China: Mobile Payments Market, by Method, 2022–2031 (USD Million)
Table 84 China: Mobile Payments Market, by Application, 2022–2031 (USD Million)
Table 85 China: Mobile Payments Market, by Location, 2022–2031 (USD Million)
Table 86 China: Mobile Payments Market, by End-user, 2022–2031 (USD Million)
Table 87 Japan: Mobile Payments Market, by Method, 2022–2031 (USD Million)
Table 88 Japan: Mobile Payments Market, by Application, 2022–2031 (USD Million)
Table 89 Japan: Mobile Payments Market, by Location, 2022–2031 (USD Million)
Table 90 Japan: Mobile Payments Market, by End-user, 2022–2031 (USD Million)
Table 91 India: Mobile Payments Market, by Method, 2022–2031 (USD Million)
Table 92 India: Mobile Payments Market, by Application, 2022–2031 (USD Million)
Table 93 India: Mobile Payments Market, by Location, 2022–2031 (USD Million)
Table 94 India: Mobile Payments Market, by End-user, 2022–2031 (USD Million)
Table 95 South Korea: Mobile Payments Market, by Method, 2022–2031 (USD Million)
Table 96 South Korea: Mobile Payments Market, by Application, 2022–2031 (USD Million)
Table 97 South Korea: Mobile Payments Market, by Location, 2022–2031 (USD Million)
Table 98 South Korea: Mobile Payments Market, by End-user, 2022–2031 (USD Million)
Table 99 Singapore: Mobile Payments Market, by Method, 2022–2031 (USD Million)
Table 100 Singapore: Mobile Payments Market, by Application, 2022–2031 (USD Million)
Table 101 Singapore: Mobile Payments Market, by Location, 2022–2031 (USD Million)
Table 102 Singapore: Mobile Payments Market, by End-user, 2022–2031 (USD Million)
Table 103 Australia & New Zealand: Mobile Payments Market, by Method, 2022–2031 (USD Million)
Table 104 Australia & New Zealand: Mobile Payments Market, by Application, 2022–2031 (USD Million)
Table 105 Australia & New Zealand: Mobile Payments Market, by Location, 2022–2031 (USD Million)
Table 106 Australia & New Zealand: Mobile Payments Market, by End-user, 2022–2031 (USD Million)
Table 107 Indonesia: Mobile Payments Market, by Method, 2022–2031 (USD Million)
Table 108 Indonesia: Mobile Payments Market, by Application, 2022–2031 (USD Million)
Table 109 Indonesia: Mobile Payments Market, by Location, 2022–2031 (USD Million)
Table 110 Indonesia: Mobile Payments Market, by End-user, 2022–2031 (USD Million)
Table 111 Rest of Asia-Pacific: Mobile Payments Market, by Method, 2022–2031 (USD Million)
Table 112 Rest of Asia-Pacific: Mobile Payments Market, by Application, 2022–2031 (USD Million)
Table 113 Rest of Asia-Pacific: Mobile Payments Market, by Location, 2022–2031 (USD Million)
Table 114 Rest of Asia-Pacific: Mobile Payments Market, by End-user, 2022–2031 (USD Million)
Table 115 Latin America: Mobile Payments Market, by Country/Region, 2022–2031 (USD Million)
Table 116 Latin America: Mobile Payments Market, by Method, 2022–2031 (USD Million)
Table 117 Latin America: Mobile Payments Market, by Application, 2022–2031 (USD Million)
Table 118 Latin America: Mobile Payments Market, by Location, 2022–2031 (USD Million)
Table 119 Latin America: Mobile Payments Market, by End-user, 2022–2031 (USD Million)
Table 120 Mexico: Mobile Payments Market, by Method, 2022–2031 (USD Million)
Table 121 Mexico: Mobile Payments Market, by Application, 2022–2031 (USD Million)
Table 122 Mexico: Mobile Payments Market, by Location, 2022–2031 (USD Million)
Table 123 Mexico: Mobile Payments Market, by End-user, 2022–2031 (USD Million)
Table 124 Brazil: Mobile Payments Market, by Method, 2022–2031 (USD Million)
Table 125 Brazil: Mobile Payments Market, by Application, 2022–2031 (USD Million)
Table 126 Brazil: Mobile Payments Market, by Location, 2022–2031 (USD Million)
Table 127 Brazil: Mobile Payments Market, by End-user, 2022–2031 (USD Million)
Table 128 Rest of Latin America: Mobile Payments Market, by Method, 2022–2031 (USD Million)
Table 129 Rest of Latin America: Mobile Payments Market, by Application, 2022–2031 (USD Million)
Table 130 Rest of Latin America: Mobile Payments Market, by Location, 2022–2031 (USD Million)
Table 131 Rest of Latin America: Mobile Payments Market, by End-user, 2022–2031 (USD Million)
Table 132 Middle East & Africa: Mobile Payments Market, by Country/Region, 2022–2031 (USD Million)
Table 133 Middle East & Africa: Mobile Payments Market, by Method, 2022–2031 (USD Million)
Table 134 Middle East & Africa: Mobile Payments Market, by Application, 2022–2031 (USD Million)
Table 135 Middle East & Africa: Mobile Payments Market, by Location, 2022–2031 (USD Million)
Table 136 Middle East & Africa: Mobile Payments Market, by End-user, 2022–2031 (USD Million)
Table 137 UAE: Mobile Payments Market, by Method, 2022–2031 (USD Million)
Table 138 UAE: Mobile Payments Market, by Application, 2022–2031 (USD Million)
Table 139 UAE: Mobile Payments Market, by Location, 2022–2031 (USD Million)
Table 140 UAE: Mobile Payments Market, by End-user, 2022–2031 (USD Million)
Table 141 Saudi Arabia: Mobile Payments Market, by Method, 2022–2031 (USD Million)
Table 142 Saudi Arabia: Mobile Payments Market, by Application, 2022–2031 (USD Million)
Table 143 Saudi Arabia: Mobile Payments Market, by Location, 2022–2031 (USD Million)
Table 144 Saudi Arabia: Mobile Payments Market, by End-user, 2022–2031 (USD Million)
Table 145 Israel: Mobile Payments Market, by Method, 2022–2031 (USD Million)
Table 146 Israel: Mobile Payments Market, by Application, 2022–2031 (USD Million)
Table 147 Israel: Mobile Payments Market, by Location, 2022–2031 (USD Million)
Table 148 Israel: Mobile Payments Market, by End-user, 2022–2031 (USD Million)
Table 149 Rest of Middle East & Africa: Mobile Payments Market, by Method, 2022–2031 (USD Million)
Table 150 Rest of Middle East & Africa: Mobile Payments Market, by Application, 2022–2031 (USD Million)
Table 151 Rest of Middle East & Africa: Mobile Payments Market, by Location, 2022–2031 (USD Million)
Table 152 Rest of Middle East & Africa: Mobile Payments Market, by End-user, 2022–2031 (USD Million)
Table 153 Recent Developments by Major Market Players (2021–2024)
Table 154 Market Ranking, by Key Players
List of Figures
Figure 1 Market Ecosystem
Figure 2 Key Stakeholders
Figure 3 Research Process
Figure 4 Key Secondary Sources
Figure 5 Primary Research Techniques
Figure 6 Key Executives Interviewed
Figure 7 Breakdown of Primary Interviews (Supply-side & Demand-side)
Figure 8 Market Sizing and Growth Forecast Approach
Figure 9 Key Insights
Figure 10 In 2024, the Mobile Wallets Segment is Expected to Dominate the Global Mobile Payments Market
Figure 11 In 2024, the Business-to-Business Segment is Expected to Dominate the Global Mobile Payments Market
Figure 12 In 2024, the Remote Segment is Expected to Dominate the Global Mobile Payments Market
Figure 13 In 2024, the Retail & E-commerce Segment is Expected to Dominate the Global Mobile Payments Market
Figure 14 Global Mobile Payments Market, by Region (2024 Vs. 2031)
Figure 15 Impact Analysis Of Market Dynamics
Figure 16 Global Mobile Payments Market, by Method, 2024 Vs. 2031 (USD Million)
Figure 17 Global Mobile Payments Market, by Application, 2024 Vs. 2031 (USD Million)
Figure 18 Global Mobile Payments Market, by Location, 2024 Vs. 2031 (USD Million)
Figure 19 Global Mobile Payments Market, by End User, 2024 Vs. 2031 (USD Million)
Figure 20 Global Mobile Payments Market, by Geography, 2024 Vs. 2031 (USD Million)
Figure 21 Geographic Snapshot: Mobile Payments Market In North America
Figure 22 Geographic Snapshot: Mobile Payments Market In Europe
Figure 23 Geographic Snapshot: Mobile Payments Market In Asia-Pacific
Figure 24 Geographic Snapshot: Mobile Payments Market In Latin America
Figure 25 Geographic Snapshot: Mobile Payments Market In Middle East & Africa
Figure 26 Growth Strategies Adopted by Leading Market Player (2021–2024)
Figure 27 Competitive Benchmarking Analysis (2021–2024)
Figure 28 Competitive Dashboard: Mobile Payments Market
Figure 29 Apple Inc.: Financial Overview (2022)
Figure 30 Alphabet Inc.: Financial Overview (2022)
Figure 31 Mastercard Inc.: Financial Overview (2022)
Figure 32 Alibaba Group Holding Limited: Financial Overview (2022)
Figure 33 PayPal Holdings, Inc.: Financial Overview (2022)
Figure 34 Samsung Electronics Co., Ltd.: Financial Overview (2022)
Figure 35 Visa Inc.: Financial Overview (2022)
Figure 36 Tencent Holdings Limited: Financial Overview (2022)
Figure 37 Amazon.com, Inc.: Financial Overview (2022)
Figure 38 American Express Company: Financial Overview (2022)
Figure 39 Vodafone Group Plc: Financial Overview (2022)
Figure 40 One MobiKwik Systems Limited: Financial Overview (2022)
Figure 41 Orange S.A.: Financial Overview (2022)
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