Money Transfers Application Segment Is Expected to Realize the Fastest Growth (51% CAGR) During 2015 - 2020 in the Global Mobile Wallet Market
The global Mobile wallet market is expected to grow from $232.9 billion in 2014, and reach $3155.1 billion in 2020, growing with a CAGR of 52.0%. The growth in smartphone and mobile internet users, and convenience and accessibility are some of the factors, driving the growth of the global mobile wallet market. The growing preference for reward and loyalty programs is expected to give a major boost to the growth of the global mobile wallet market in future.
View full press release