Global Mobile Wallet Market 2016-2020 - New Market Report

Boston, MA -- (SBWire) -- 09/01/2016 --Mobile wallets are electronic money accounts that can be maintained and used via cell phones and other mobile devices. These wallets help account holders pay bills or purchase goods online. Often, companies give offers and discounts to encourage customers to use these apps. Mobile wallets are based on technologies, such as near-field communication (NFC), and have revolutionized the digital payments market. There has been a rise in the number of point of sale (POS) terminals worldwide since the advent of this technology.

Technavio's analysts forecast the global mobile wallet market to grow at a CAGR of 34.58% by revenue, during the period 2016-2020.

Get More Details on this Report and a Full Table of Contents at Global Mobile Wallet Market 2016-2020

Covered in this report

The report covers the present scenario and the growth prospects of the global mobile wallet market for 2016-2020. To calculate the market size, the report considers the revenue generated from retail transactions sourced through mobile wallets.

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

-Americas
-APAC
-EMEA

Technavio's report, Global Mobile Wallet Market 2016-2020, 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

-Apple
-Google
-PayPal
-Visa

Other prominent vendors

-Airtel Money
-Alipay
-American Express
-Bank of America
-Citibank
-Citrus Payment Solutions
-Dwolla
-First Data
-LevelUp
-LivQuik
-MasterCard
-MCX
-Mobikwik
-Vodafone
-One97 communications
-Oxigen
-Softcard
-Square
-Starbucks
-Tata Teleservices
-Venmo
-Y-Cash Software Solutions
-ZipCash
-ZipPay

Market driver

-High transaction volumes through m-commerce
-For a full, detailed list, view our report

Market challenge

-Infrastructure inadequacies in developing countries
-For a full, detailed list, view our report

Market trend

-Rise in mobile Internet users
-For a full, detailed list, view our report

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?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Apple, , Google, , PayPal, , Visa, , Airtel Money, , Alipay, , American Express, , Bank of America, , Citibank, , Citrus Payment Solutions, , Dwolla, , First Data, , LevelUp, , LivQuik, , MasterCard, , MCX, , Mobikwik, , Vodafone, , One97 communications, , Oxigen, , Softcard, , Square, , Starbucks, , Tata Teleservices, , Venmo, , Y-Cash Software Solutions, , ZipCash, , ZipPay.

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