Mobile money is a digital wallet service that enables consumers to store, send, and receive money using mobile devices.

Portland, OR -- (SBWire) -- 09/20/2017 --Mobile money market is a digital wallet service that enables consumers to store, send, and receive money using mobile devices. Mobile money is a popular alternative to bank accounts, as it can be used both on smartphones and basic feature phones. Mobile money stores funds in a secure electronic account connected to a mobile phone number. Mobile money services are accessed through Short Message Service (SMS), direct mobile billing, and mobile web application systems.

Based on transaction mode, the market is divided into near field communication, direct mobile billing, SMS, mobile application, and others. Based on the type of purchase, it is categorized into airtime transfer, money transfers and payments, travel and ticketing, and others. Based on industry vertical, the market is segmented into BFSI, telecom and IT, retail, healthcare, media and entertainment, transportation and logistics, and others. Geographic breakdown and deep analysis of each of the previously mentioned segments is included for North America, Europe, Asia-Pacific, and LAMEA.

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Market Dynamics:

Drivers:

Growth in use of mobile money services in developing economies such as India, China, Brazil, and Mexico due to growing urbanization and increasing dependability on internet and e-commerce.

Increase in demand for mobile money services due to rise in use of mobile devices among users and increasing awareness of non-cash payments

Restraints:
-Increasing data security concerns

Market Players:

The key players in the global mobile money market include Vodafone Group Plc, Gemalto, MasterCard Incorporated, Obopay, Orange S.A., Bharti Airtel Ltd., Monitise Plc, Mahindra Comviva, FIS, and Google, Inc.

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MARKET LANDSCAPE

By Transaction Mode
- Near field communication
- Direct mobile billing
- SMS
- Mobile application
- Others
By Type of Purchase
- Airtime transfer
- Money transfer and payments
- Travel and ticketing
- Others
By Industry Vertical
- BFSI
- IT and telecom
- Retail
- Healthcare
- Media and entertainment
- Transportation and logistics
- Others
By Geography
- North America
o U.S.
o Canada
o Mexico
- Europe
o UK
o Germany
o France
o Russia
o Rest of Europe

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Table Of Contents:

Executive summary
1.1. Key findings
1.2. Market attractiveness and trend analysis
1.3. Competitive landscape and recent industry development analysis
2. Introduction
2.1. Report description
2.2. Scope and definitions
2.3. Research methodology
3. Market landscape
3.1. Growth drivers
3.1.1. Impact analysis
3.2. Restraints and challenges
3.2.1. Impact analysis
3.3. Porter's analysis
=4. Global mobile money market by transaction mode
4.1. Near field communication
4.1.1. Historical market size by region, 2014-2016
4.1.2. Market forecast by region, 2017-2025
4.2. Direct mobile billing