The report provides key statistics on the market status of the Mobile Payment manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry. Firstly, the report provides a basic overview of the industry including its definition, applications and manufacturing technology.
Pune, India -- (SBWIRE) -- 02/26/2018 -- Mobile Payment Market
Outlook of the Mobile Payment Market:
Garner Insights published a new industry research that Bull's Eye on Mobile Payment market and delivers in-depth market analysis and future prospects of Mobile Payment market.
Global Mobile Payment Market industry valued approximately USD 253.2 billion in 2016 is anticipated to grow with a healthy growth rate of more than 33.40% over the forecast period 2017-2025. The major factors driving the growth is due to increased penetration of smartphones, growth in m-commerce industry, change in lifestyle, and the need for quick and hassle-free transaction.
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Scope of the report:
The objective of the study is to define market sizes of different segments & countries in previous years and to forecast the values to the next eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers & restraining factors which will define the future growth of the market. Additionally, it will also incorporate the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Mode of Transaction:
Short Message Service(SMS)
Near Field Communication(NFC)
WAP
Types of Mobile Payment:
Mobile Wallet/Bank Cards
Mobile Money
Livestock Monitoring
Agriculture Robots
Other
Application:
Energy & Utilities
Hospitality & Transportation
Healthcare
Retail
Entertainment
Others
Some of the key manufacturers involved in the market are Vodacom Group Limited, Orange SA, Bharti Airtel Limited, Mastercard Incorporated, Safaricom Limited, Paypal Holdings, Inc, and MTN Group Limited. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and focuses on continuous technology innovations are also strategies adopted by the major players. The companies are also trying to dominate the market by investing in research and development.
Target Audience of the Mobile Payment 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
Furthermore, the years considered for the study are as follows:
Historical year - 2014
Base year – 2015
Forecast period – 2014 to 2025
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Table of Contents:
Chapter 1. Research Methodology
Chapter 2. Global Mobile Payment Market Definition & Scope
Chapter 3. Executive Summary
Chapter 4. Global Mobile Payment Industry Dynamics
Chapter 5. Global Mobile Payment Market by Application
Chapter 6. Global Mobile Payment Market, Regional Analysis
Chapter 7. Competitive Intelligence
Continued…
Browse Detailed TOC, Tables, Figures, Charts and Companies Mentioned in Mobile Payment Market Research Report@ http://garnerinsights.com/Global-Mobile-Payment-Market-Size-Study-by-Mode-of-Transaction-by-Types-of-Mobile-Payment-by-Application-and-Regional-Forecasts-2018-2025-
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