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Global Mobile Money Market to reach USD 25.76 billion by 2027.

Global Mobile Money Market Size study, by Transaction mode (Point of Sale, Mobile Apps, QR Codes, Internet Payments, SMS and STK/USSD Payments, Direct Carrier Billing, Mobile Banking), Nature of Payment (Person to Person, Person to Business, Business to Person, Business to Business), Application (Money Transfers, Bill Payments, Airtime Transfers and Top-ups, Travel and Ticketing, Merchandise and Coupons), Type of Payments (Remote Payments and Proximity Payments) and Regional Forecasts 2020-2027

Product Code: BAFB_86993360
Publish Date: 12-12-2020
Page: 200

Global Mobile Money Market is valued approximately at USD 3.4 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 29% over the forecast period 2020-2027. Mobile money is a technology that allows a user to spend, receive and store money in a virtual form, also called mobile wallet, which is associated to user’s mobile number, and service provider. Rising number of smartphones users, initiatives taken by government for promotion of cashless economy, internet coverage in rural areas, adoption of mobile money application, easy interface of mobile payment applications and expansion of mobile money services in different areas worldwide by big market players are factors that leads market growth. For Instance, in October 2019, Airtel Africa made a collaboration with Mastercard, which make them able to offer mobile money services across 14 African countries. With the help of Mastercard virtual cards Airtel Money customers who do not have a bank account will be able to make payments to local and global online merchants accepting Mastercard cards. However, lack of internet coverage in some developing countries impede the growth of the market over the forecast period of 2020-2027. Also, constantly increasing mobile phone subscribers is likely to increase the market growth during the forecast period.

The regional analysis of global Mobile Money market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe, Middle East and Africa (EMEA) is the leading/significant region across the world in terms of market share owing to technological advancement in Europe along with Africa’s underbanked population. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as increase in number of smartphones users due to which operators get an opportunity to come with advance mobile wallet services would create lucrative growth prospects for the Mobile Money market across Asia-Pacific region.

Major market player included in this report are:
Vodafone Idea Limited
Google LLC
Orange S.A.
Fidelity National Information Services (FIS)
Mastercard, Inc
Fiserve, Inc.
Bharti Airtel Limited
Gemalto
Alipay
Paytm Group

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Transaction mode:
Point of Sale
Mobile Apps
QR Codes
Internet Payments
SMS and STK/USSD Payments
Direct Carrier Billing
Mobile Banking
By Nature of Payment:
Person to Person
Person to Business
Business to Person
Business to Business
By Application:
Money Transfers
Bill Payments
Airtime Transfers and Top-ups
Travel and Ticketing
Merchandise and Coupons
By Type of Payments:
Remote Payments
Proximity Payments

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Mobile Money Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Mobile Money Market, by Region, 2018-2027 (USD Billion)
1.2.2. Mobile Money Market, by Transaction mode, 2018-2027 (USD Billion)
1.2.3. Mobile Money Market, by Nature of Payment, 2018-2027 (USD Billion)
1.2.4. Mobile Money Market, by Application, 2018-2027 (USD Billion)
1.2.5. Mobile Money Market, by Type of Payments, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Mobile Money Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Mobile Money Market Dynamics
3.1. Mobile Money Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Mobile Money Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economic
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Mobile Money Market, by Transaction mode
5.1. Market Snapshot
5.2. Global Mobile Money Market by Transaction mode, Performance – Potential Analysis
5.3. Global Mobile Money Market Estimates & Forecasts by Transaction mode 2017-2027 (USD Billion)
5.4. Mobile Money Market, Sub Segment Analysis
5.4.1. Point of Sale
5.4.2. Mobile Apps
5.4.3. QR Codes
5.4.4. Internet Payments
5.4.5. SMS and STK/USSD Payments
5.4.6. Direct Carrier Billing
5.4.7. Mobile Banking
Chapter 6. Global Mobile Money Market, by Nature of Payment
6.1. Market Snapshot
6.2. Global Mobile Money Market by Nature of Payment, Performance – Potential Analysis
6.3. Global Mobile Money Market Estimates & Forecasts by Nature of Payment 2017-2027 (USD Billion)
6.4. Mobile Money Market, Sub Segment Analysis
6.4.1. Person to Person
6.4.2. Person to Business
6.4.3. Business to Person
6.4.4. Business to Business
Chapter 7. Global Mobile Money Market, by Application
7.1. Market Snapshot
7.2. Global Mobile Money Market by Application, Performance – Potential Analysis
7.3. Global Mobile Money Market Estimates & Forecasts by Application 2017-2027 (USD Billion)
7.4. Mobile Money Market, Sub Segment Analysis
7.4.1. Money Transfers
7.4.2. Bill Payments
7.4.3. Airtime Transfers and Top-ups
7.4.4. Travel and Ticketing
7.4.5. Merchandise and Coupons
Chapter 8. Global Mobile Money Market, by Type of Payments
8.1. Market Snapshot
8.2. Global Mobile Money Market by Type of Payments, Performance – Potential Analysis
8.3. Global Mobile Money Market Estimates & Forecasts by Type of Payments 2017-2027 (USD Billion)
8.4. Mobile Money Market, Sub Segment Analysis
8.4.1. Remote Payments
8.4.2. Proximity Payments
Chapter 9. Global Mobile Money Market, Regional Analysis
9.1. Mobile Money Market, Regional Market Snapshot
9.2. North America Mobile Money Market
9.2.1. U.S. Mobile Money Market
9.2.1.1. Transaction mode breakdown estimates & forecasts, 2017-2027
9.2.1.2. Nature of Payment breakdown estimates & forecasts, 2017-2027
9.2.1.3. Application breakdown estimates & forecasts, 2017-2027
9.2.1.4. Type of Payments breakdown estimates & forecasts, 2017-2027
9.2.2. Canada Mobile Money Market
9.3. Europe Mobile Money Market Snapshot
9.3.1. U.K. Mobile Money Market
9.3.2. Germany Mobile Money Market
9.3.3. France Mobile Money Market
9.3.4. Spain Mobile Money Market
9.3.5. Italy Mobile Money Market
9.3.6. Rest of Europe Mobile Money Market
9.4. Asia-Pacific Mobile Money Market Snapshot
9.4.1. China Mobile Money Market
9.4.2. India Mobile Money Market
9.4.3. Japan Mobile Money Market
9.4.4. Australia Mobile Money Market
9.4.5. South Korea Mobile Money Market
9.4.6. Rest of Asia Pacific Mobile Money Market
9.5. Latin America Mobile Money Market Snapshot
9.5.1. Brazil Mobile Money Market
9.5.2. Mexico Mobile Money Market
9.6. Rest of The World Mobile Money Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Vodafone Idea Limited
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. Google LLC
10.2.3. Orange S.A.
10.2.4. Fidelity National Information Services (FIS)
10.2.5. Mastercard, Inc.
10.2.6. Fiserve, Inc.
10.2.7. Bharti Airtel Limited
10.2.8. Gemalto
10.2.9. Alipay
10.2.10. Paytm Group
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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