Mobile Wallet

Mobile Wallet Market by Mode of Payment (NFC Payment, Remote Payment), Stakeholders (Content & Applications Aggregators, Handset & Hardware Solution Manufacturers, Mobile Network Operators), Application - Global Forecast 2024-2030

SKU
MRR-4316E4E8945E
Region
Global
Publication Date
March 2024
Delivery
Immediate
2023
USD 188.42 billion
2030
USD 638.11 billion
2024
USD 224.11 billion
CAGR
19.03%
360iResearch Analyst
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[196 Pages Report] The Mobile Wallet Market size was estimated at USD 188.42 billion in 2023 and expected to reach USD 224.11 billion in 2024, at a CAGR 19.03% to reach USD 638.11 billion by 2030.

Mobile Wallet Market
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A mobile wallet is a digital wallet that refers to an electronic device, usually a smartphone or tablet, that allows an individual to make electronic transactions. This can include purchasing items online, within a physical store, or transferring money to others via a mobile application. The mobile wallet stores payment information, such as credit and debit card details and digital currencies, and is secured with encryption and password protection. It simplifies the process of transactions for the user by eliminating the need to carry physical cards or cash and often enables additional functionalities such as loyalty rewards, digital coupons, and budget tracking. The mobile wallet market encompasses platforms that enable secure electronic transactions via mobile devices. Improved smartphone and internet access, ease of use, robust security measures, governmental support for digital payments, and financial inclusion initiatives drive the market growth. Emerging opportunities lie in integrating wearable technology, cryptocurrency support, global market expansion, and tailored user experiences. Security risks, the necessity for technological adaptation, regulatory complexities, market fragmentation, and consumer hesitancy toward digital payments hamper market growth. Innovation is pivotal for business expansion, focusing on optimizing user experience, state-of-the-art security, interoperability, and AI integration for predictive behavior analysis and IoT compatibility to ensure a seamless and secure payment ecosystem.
Mobile Wallet Market - Global Forecast 2024-2030
To learn more about this report, request a free PDF copy
FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Mobile Wallet Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Mobile Wallet Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Mobile Wallet Market, highlighting leading vendors and their innovative profiles. These include Amazon.com, Inc., American Express Company, Apple Inc., AT&T Inc., Cash App Investing LLC, Dwolla, Inc., Early Warning Services, LLC, Google LLC, JPMorgan Chase & Co., Mastercard Incorporated, PayPal Holdings, Inc., Skrill USA, Inc., Tencent Holdings Limited, and Vibes Media, LLC.

Market Segmentation & Coverage

This research report categorizes the Mobile Wallet Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Mode of Payment
    • NFC Payment
    • Remote Payment
  • Stakeholders
    • Content & Applications Aggregators
    • Handset & Hardware Solution Manufacturers
    • Mobile Network Operators
    • OSS/BSS Solution Providers
    • Software Developers
  • Application
    • Micropayments
    • Mobile Commerce
    • Mobile Coupons
    • Mobile Ticketing
    • Mobile Transfers

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects:

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

  1. What is the market size and forecast of the Mobile Wallet Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Mobile Wallet Market?
  3. What are the technology trends and regulatory frameworks in the Mobile Wallet Market?
  4. What is the market share of the leading vendors in the Mobile Wallet Market?
  5. Which modes and strategic moves are suitable for entering the Mobile Wallet Market?

Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Mobile Wallet Market, by Mode of Payment
  7. Mobile Wallet Market, by Stakeholders
  8. Mobile Wallet Market, by Application
  9. Americas Mobile Wallet Market
  10. Asia-Pacific Mobile Wallet Market
  11. Europe, Middle East & Africa Mobile Wallet Market
  12. Competitive Landscape
  13. Competitive Portfolio
  14. List of Figures [Total: 22]
  15. List of Tables [Total: 292]
  16. List of Companies Mentioned [Total: 14]
Frequently Asked Questions
  1. How big is the Mobile Wallet Market?
    Ans. The Global Mobile Wallet Market size was estimated at USD 188.42 billion in 2023 and expected to reach USD 224.11 billion in 2024.
  2. What is the Mobile Wallet Market growth?
    Ans. The Global Mobile Wallet Market to grow USD 638.11 billion by 2030, at a CAGR of 19.03%
  3. When do I get the report?
    Ans. Most reports are fulfilled immediately. In some cases, it could take up to 2 business days.
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    Ans. We will send you an email with login credentials to access the report. You will also be able to download the pdf and excel.
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