Mobile Payments Market by Location, Type, and Geography - Forecast and Analysis 2023-2027

Published: Dec 2022 Pages: 158 SKU: IRTNTR74765

The Global Mobile Payments Market Size is estimated to grow by USD 75,412.89 million between 2022 and 2027 accelerating at a CAGR of 20.49%.

This mobile payments market report extensively covers market segmentation by location (remote payment and proximity payment), type (money transfers, merchandise purchases, bill payments, and others), and geography (APAC, Europe, North America, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges.

The growth of the market depends on several factors, including the rising number of online transactions, the rising deployment in emerging economies, and the advantages of mobile payments. 

What will be the Mobile Payments Market Size During the Forecast Period?

To learn more about this report, View Sample PDF

Mobile Payments Market Report: Key Drivers, Trends, Challenges

 Our researchers analyzed the data with 2022 as the base year and the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Mobile Payments Market Drivers

The rising number of online transactions is a major mobile payments market driver. Online transactions are becoming more popular among consumers because of their ease, speed, and convenience. Mobile devices, especially smartphones, are widely used for online transactions. Digital wallets are the most preferred mode of payment because of their easy registration, robust payment processing capabilities, and user-friendly dashboard.

Mobile payments are gaining popularity due to the increasing use of mobile devices and wearables. Retailers are adopting NFC POS terminals to facilitate mobile payments and enhance their marketing efforts. This streamlined process helps generate more revenue for retailers. The adoption of contactless EMV cards will likely encourage the implementation of NFC POS terminals. Faster checkouts, effective information management, and secure payments contribute to the growth of the global mobile payments market.

Significant Mobile Payments Market Trends

The growing emergence of mobile apps for shopping transactions is a primary mobile payments market trend. In recent times, online shopping transactions have risen higher in mobile apps than on websites due to the increasing penetration of smart devices in the market. Therefore, to capture these opportunities, vendors are trying to switch from websites to app-only services. Mobile payments in countries such as India have been growing faster as more consumers and businesses adopted mobile payments during the pandemic. In addition, compared with developed countries, switching to app-only services can turn into a major failure for e-commerce providers, as many developing countries such as Indonesia and Thailand still face problems with Internet connectivity, which restricts customers from making online purchases. Some new launches of mobile payment applications are listed below:

  • In January 2020, Alibaba Group Holding Ltd. launched Yoli, an e-commerce app, in India.
  • In January 2020, Mastercard Inc. launched a new augmented reality (AR) app that allows cardholders to see, explore, and access the benefits of their Mastercard Inc. The industry-first card benefits app delivers a photorealistic AR experience that transports users to a 360-degree virtual environment. Hence, the mobile payments market is expected to grow positively during the forecast period.

These factors are highly impacting the market. 

Major Mobile Payments Market Challenges

Privacy and security concerns are major challenges faced by the mobile payments market. Payment service providers use online cookies to gather personal data and information on customers so that they can customize their advertising messages to target key audiences. The indiscriminate use of cookies can infringe on customer privacy, while location-based online services have also raised privacy concerns because these can reveal the geographical location of the customer. In general, online retailers may collect a large volume of data, including details such as addresses, credit card information, passwords, and other credentials. Many companies also collect a large volume of data through cookies and other methods to determine customer demographics and ensure better target advertising for future transactions. Confidential information, including those related to consumer addresses and credit card information, poses risks because m-commerce involves monetary transitions in real time. Moreover, data theft can lead to financial losses for customers. These factors can adversely affect the online experience of customers and hinder the potential growth of the market during the forecast period.

Get a detailed analysis of drivers, trends, and challenges  View the Sample PDF now!

Mobile Payments Market Segmentation by Type, Location, Geography

Type  Analysis

The market share growth by the remote payment segment will be significant during the forecast period. The introduction of mobile payment gateways, such as Apple Inc. has simplified the process of paying bills.

Get a glance at the market contribution of various segments View Sample PDF 

The remote payment segment was valued at USD 14,245.83 million in 2017 and continued to grow until 2021. Customers no longer need to carry credit or debit cards. Several retail outlets make use of POS terminals for payment of the purchases made by consumers. A POS terminal is a portable device that can accept and process payments over Wi-Fi and print out receipts. One of the main reasons for big players to offer near-field communication (NFC)-based mobile payment options is the high-security features that prevent the consumer and retailer from accessing card information or security code illegitimately. Such, benefits are the reasons behind the segment growth during the forecast period. 

Location  Analysis

Mobile payment gateways like Apple Inc. have simplified bill payments without the need for credit or debit cards. Retail outlets use POS terminals to process payments over Wi-Fi and print receipts. The high security features of NFC-based mobile payments prevent access to card information or security codes by unauthorized parties. Users save financial data on their phones and make transactions by bringing their phone closer to the vendor's contactless payment-capable POS system, then authenticate using biometrics or passwords.

The increased use of mobile devices and wearables has popularized mobile payments, and many retailers adopt NFC POS terminals to streamline operations and boost revenue. Contactless EMV cards will encourage more use of NFC POS terminals. Faster checkouts, the adoption of EMV cards, effective information management, and secure payments are driving factors in the growth of the global mobile payments market.

Geographical Analysis

APAC is estimated to contribute 43% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

For more insights on the market share of various regions View the Sample PDF now!

The APAC market is expected to witness high growth, mainly due to rapid urbanization and the increasing penetration of internet services. The growing adoption of various mobile payment methods, such as wallets and payment gateways, is propelling the growth of the regional market. Semi-closed wallets do not have the option of withdrawal and redemption. They are linked to bank accounts and involve transactions through payment gateways. This helps in the growth of the market. Additionally, the penetration of mobile phones is higher in developed countries,  when compared with developing countries, which is accelerating market growth. 

The governments of various countries in the region have been taking initiatives to promote mobile payments. For instance, the Government of India has been undertaking several measures to promote and encourage mobile payments in the country. As a part of the Digital India campaign, the government is aiming to create a digitally empowered economy. Thus, as per the aforementioned factors, the regional market will grow significantly during the forecast period.

Take a quick look at various segments. View the Sample PDF now!

Covid Recovery Analysis

The region was adversely affected by the outbreak of COVID-19 in the first half of 2020. However, during the lockdown phase, people preferred mobile payments instead of cash payments to prevent the risk of infection through cash payments. Many e-commerce companies accepted only mobile payments instead of paper currency to avoid physical contact. These factors will influence market growth in the region during the forecast period. The restrictions on physical interaction and government guidelines are expected to lead to changes in people's behavior. Hence, the regional mobile payments market is expected to grow significantly during the forecast period.

Who are the Major Mobile Payments Market Players?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the Mobile Payments Market. One of the major vendor in the market include:

Mahindra and Mahindra Ltd. - The company operates under multiple segments including the automotive sector, and financial services among others with a high focus on the automotive sector. The company under this segment?comprises the sale of automobiles, spares, mobility solutions, construction equipment, and others. The company's key offerings include mobile payments. 

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • Alphabet Inc.
  • Amazon.com Inc.
  • American Express Co.
  • Ant Technology Group Co. Ltd.
  • Apple Inc.
  • JPMorgan Chase and Co.
  • Mastercard Inc.
  • MoneyGram International Inc.
  • NASPERS Ltd.
  • One97 Communications Ltd.
  • PayPal Holdings Inc.
  • Samsung Electronics Co. Ltd.
  • Tencent Holdings Ltd.
  • Visa Inc.
  • Vodafone Group Plc
  • Alibaba Group Holding Ltd

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified. Furthermore, it is also quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

Segment Overview

The market research report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Location Outlook (USD Million, 2017 - 2027)
    • Remote payment
    • Proximity payment
  • Type Outlook (USD Million, 2017 - 2027)
    • Money transfers
    • Merchandise purchases
    • Bill payments
    • Others
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Chile
      • Brazil
      • Argentina

 

Mobile Payments Market Scope

Report Coverage

Details

Page number

158

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 20.49%

Market growth 2023-2027

USD 75,412.89 million

Market structure

Fragmented

YoY growth 2022-2023(%)

19.07

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 43%

Key countries

US, China, India, South Korea, and UK

Competitive landscape

 Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Alphabet Inc., Amazon.com Inc., American Express Co., Ant Technology Group Co. Ltd., Apple Inc., JPMorgan Chase and Co., Mahindra and Mahindra Ltd., Mastercard Inc., MoneyGram International Inc., NASPERS Ltd., One97 Communications Ltd., PayPal Holdings Inc., Samsung Electronics Co. Ltd., Tencent Holdings Ltd., Visa Inc., Vodafone Group Plc, and Alibaba Group Holding Ltd

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

View Sample PDF 

What are the Key Data Covered in this Mobile Payments Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the Mobile Payments Market between 2023 and 2027
  • Precise estimation of the size of the mobile payments market size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market industry across APAC, Europe, North America, South America, and Middle East and Africa
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Detailed analysis of customer landscape covering Diver of price sensitivity, Adoption of the lifecycle, and key purchase criteria
  • Vendor landscape comparing criticality of inputs and factors of differentiation
  • Exclusive Matrix on vendor position and classification
  • Comprehensive analysis of factors that will challenge the growth of mobile payments market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Location
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global mobile payments market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global mobile payments market 2017 - 2021 ($ million)
    • 4.2 Location Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Location Segment 2017 - 2021 ($ million)
    • 4.3 Type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Location

    • 6.1 Market segments
      • Exhibit 30: Chart on Location - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Location - Market share 2022-2027 (%)
    • 6.2 Comparison by Location
      • Exhibit 32: Chart on Comparison by Location
      • Exhibit 33: Data Table on Comparison by Location
    • 6.3 Remote payment - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Remote payment - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Remote payment - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Remote payment - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Remote payment - Year-over-year growth 2022-2027 (%)
    • 6.4 Proximity payment - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Proximity payment - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Proximity payment - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Proximity payment - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Proximity payment - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Location
      • Exhibit 42: Market opportunity by Location ($ million)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 43: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 44: Data Table on Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Type
      • Exhibit 45: Chart on Comparison by Type
      • Exhibit 46: Data Table on Comparison by Type
    • 7.3 Money transfers - Market size and forecast 2022-2027
      • Exhibit 47: Chart on Money transfers - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Data Table on Money transfers - Market size and forecast 2022-2027 ($ million)
      • Exhibit 49: Chart on Money transfers - Year-over-year growth 2022-2027 (%)
      • Exhibit 50: Data Table on Money transfers - Year-over-year growth 2022-2027 (%)
    • 7.4 Merchandise purchases - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Merchandise purchases - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Data Table on Merchandise purchases - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Chart on Merchandise purchases - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Merchandise purchases - Year-over-year growth 2022-2027 (%)
    • 7.5 Bill payments - Market size and forecast 2022-2027
      • Exhibit 55: Chart on Bill payments - Market size and forecast 2022-2027 ($ million)
      • Exhibit 56: Data Table on Bill payments - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Chart on Bill payments - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on Bill payments - Year-over-year growth 2022-2027 (%)
    • 7.6 Others - Market size and forecast 2022-2027
      • Exhibit 59: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 60: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 62: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.7 Market opportunity by Type
      • Exhibit 63: Market opportunity by Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 65: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 66: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 67: Chart on Geographic comparison
      • Exhibit 68: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 North America - Market size and forecast 2022-2027
      • Exhibit 77: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 78: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 79: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 85: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 87: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 89: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 91: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 US - Market size and forecast 2022-2027
      • Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.10 India - Market size and forecast 2022-2027
      • Exhibit 97: Chart on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 98: Data Table on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 99: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 9.11 UK - Market size and forecast 2022-2027
      • Exhibit 101: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 102: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 103: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.12 South Korea - Market size and forecast 2022-2027
      • Exhibit 105: Chart on South Korea - Market size and forecast 2022-2027 ($ million)
      • Exhibit 106: Data Table on South Korea - Market size and forecast 2022-2027 ($ million)
      • Exhibit 107: Chart on South Korea - Year-over-year growth 2022-2027 (%)
      • Exhibit 108: Data Table on South Korea - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 109: Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 110: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 111: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 112: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 113: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 114: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 115: Matrix on vendor position and classification
            • 12.3 Alibaba Group Holding Ltd
              • Exhibit 116: Alibaba Group Holding Ltd - Overview
              • Exhibit 117: Alibaba Group Holding Ltd - Business segments
              • Exhibit 118: Alibaba Group Holding Ltd - Key offerings
              • Exhibit 119: Alibaba Group Holding Ltd - Segment focus
            • 12.4 Alphabet Inc.
              • Exhibit 120: Alphabet Inc. - Overview
              • Exhibit 121: Alphabet Inc. - Business segments
              • Exhibit 122: Alphabet Inc. - Key news
              • Exhibit 123: Alphabet Inc. - Key offerings
              • Exhibit 124: Alphabet Inc. - Segment focus
            • 12.5 Amazon.com Inc.
              • Exhibit 125: Amazon.com Inc. - Overview
              • Exhibit 126: Amazon.com Inc. - Business segments
              • Exhibit 127: Amazon.com Inc. - Key news
              • Exhibit 128: Amazon.com Inc. - Key offerings
              • Exhibit 129: Amazon.com Inc. - Segment focus
            • 12.6 American Express Co.
              • Exhibit 130: American Express Co. - Overview
              • Exhibit 131: American Express Co. - Business segments
              • Exhibit 132: American Express Co. - Key offerings
              • Exhibit 133: American Express Co. - Segment focus
            • 12.7 Apple Inc.
              • Exhibit 134: Apple Inc. - Overview
              • Exhibit 135: Apple Inc. - Business segments
              • Exhibit 136: Apple Inc. - Key news
              • Exhibit 137: Apple Inc. - Key offerings
              • Exhibit 138: Apple Inc. - Segment focus
            • 12.8 JPMorgan Chase and Co.
              • Exhibit 139: JPMorgan Chase and Co. - Overview
              • Exhibit 140: JPMorgan Chase and Co. - Business segments
              • Exhibit 141: JPMorgan Chase and Co. - Key offerings
              • Exhibit 142: JPMorgan Chase and Co. - Segment focus
            • 12.9 Mastercard Inc.
              • Exhibit 143: Mastercard Inc. - Overview
              • Exhibit 144: Mastercard Inc. - Product / Service
              • Exhibit 145: Mastercard Inc. - Key news
              • Exhibit 146: Mastercard Inc. - Key offerings
            • 12.10 MoneyGram International Inc.
              • Exhibit 147: MoneyGram International Inc. - Overview
              • Exhibit 148: MoneyGram International Inc. - Business segments
              • Exhibit 149: MoneyGram International Inc. - Key offerings
              • Exhibit 150: MoneyGram International Inc. - Segment focus
            • 12.11 NASPERS Ltd.
              • Exhibit 151: NASPERS Ltd. - Overview
              • Exhibit 152: NASPERS Ltd. - Business segments
              • Exhibit 153: NASPERS Ltd. - Key offerings
              • Exhibit 154: NASPERS Ltd. - Segment focus
            • 12.12 One97 Communications Ltd.
              • Exhibit 155: One97 Communications Ltd. - Overview
              • Exhibit 156: One97 Communications Ltd. - Product / Service
              • Exhibit 157: One97 Communications Ltd. - Key offerings
            • 12.13 PayPal Holdings Inc.
              • Exhibit 158: PayPal Holdings Inc. - Overview
              • Exhibit 159: PayPal Holdings Inc. - Product / Service
              • Exhibit 160: PayPal Holdings Inc. - Key offerings
            • 12.14 Samsung Electronics Co. Ltd.
              • Exhibit 161: Samsung Electronics Co. Ltd. - Overview
              • Exhibit 162: Samsung Electronics Co. Ltd. - Business segments
              • Exhibit 163: Samsung Electronics Co. Ltd. - Key news
              • Exhibit 164: Samsung Electronics Co. Ltd. - Key offerings
              • Exhibit 165: Samsung Electronics Co. Ltd. - Segment focus
            • 12.15 Tencent Holdings Ltd.
              • Exhibit 166: Tencent Holdings Ltd. - Overview
              • Exhibit 167: Tencent Holdings Ltd. - Business segments
              • Exhibit 168: Tencent Holdings Ltd. - Key offerings
              • Exhibit 169: Tencent Holdings Ltd. - Segment focus
            • 12.16 Visa Inc.
              • Exhibit 170: Visa Inc. - Overview
              • Exhibit 171: Visa Inc. - Product / Service
              • Exhibit 172: Visa Inc. - Key offerings
            • 12.17 Vodafone Group Plc
              • Exhibit 173: Vodafone Group Plc - Overview
              • Exhibit 174: Vodafone Group Plc - Business segments
              • Exhibit 175: Vodafone Group Plc - Key offerings
              • Exhibit 176: Vodafone Group Plc - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 177: Inclusions checklist
                • Exhibit 178: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 179: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 180: Research methodology
                • Exhibit 181: Validation techniques employed for market sizing
                • Exhibit 182: Information sources
              • 13.5 List of abbreviations
                • Exhibit 183: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              mobile payments market

              QUICK BUY

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

              Why should you prefer Technavio's market insights report?

              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis