Mobile Wallet Market to Send Market Booming with 30% CAGR by 2020

Posted April 19, 2016 by alishagonzales

Global demand for mobile wallet market was valued at USD 500 billion in 2014 and expected to reach USD 2,500 billion in 2020, growing at a CAGR of approximately 30% between 2015 and 2020.

The report covers forecast and analysis for the Mobile Wallet market on a global and regional level. The study provides historic data of 2014 along with a forecast from 2015 to 2020 based on revenue (USD billion). The study includes drivers and restraints for the mobile wallet market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the mobile wallet market on a global level.
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In order to give the users of this report a comprehensive view on the mobile wallet market, we have included a detailed value chain analysis. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the mobile wallet market has also been included. The study encompasses a market attractiveness analysis, wherein product segments and application segments are benchmarked based on their market size, growth rate and general attractiveness.
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The study provides a decisive view on the mobile wallet market by segmenting the market based on applications. All the application segments have been analyzed based on present and future trends and the market is estimated from 2014 to 2020. Key product segments covered under this study includes near file communication (NFC) and remote payment. Key application market covered under this study includes retail payments, vending machines, public transportation, grocery stores, and restaurants. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and Rest of the World with its further bifurcation into major countries including U.S. Germany, France, UK, China, Japan, India and Brazil. This segmentation includes demand for mobile wallet based on individual applications in all the regions and countries.
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Key industry participants analyzed and profiled in this study includes American Express, Apple Inc., MasterCard, Visa, AT&T, Sprint, First Data, BlackBerry, Samsung, Google and others.
The report segments the global mobile wallet market as:
Mobile Wallet Market: Product Segment Analysis
Near field communication (NFC)
Remote payments
Mobile Wallet Market: Application Segment Analysis
Retail payments
Vending machines
Public transportation
Grocery stores
Mobile Wallet Market: Regional Segment Analysis
North America
Asia Pacific
Latin America
Middle East & Africa
Table Of Content:

Chapter 1. Preface
1.1. Report description and scope
1.2. Research scope
1.3. Research methodology
1.3.1. Market research process
1.3.2. Market research methodology
Chapter 2. Executive Summary
2.1. Global mobile wallet market, 2014 - 2020, (USD Billion)
2.2. Mobile wallet: Market snapshot
Chapter 3. Mobile Wallet Market– Industry Analysis
3.1. Mobile wallet: Market dynamics
3.2. Value Chain Analysis
3.3. Market Drivers
3.3.1. Easy accessibility and excellent convenience
3.3.2. High smart phones saturation levels
3.3.3. Mounting convention of value-added services
3.3.4. Efforts for improving security dilemma
3.4. Restraints
3.4.1. Consumer's habits and concerns for security related to mobile wallet
3.4.2. Battery down will stop the mobile wallet process
3.4.3. Investment and deployment issues
3.5. Opportunity
3.5.1. Advancement in new trends can grow mobile wallet market
3.6. Porter's Five Forces Analysis
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Phone +1-386-310-3803
Business Address 3422 SW 15 Street,Suit #8138, Deerfield Beach,Florida 33442, USA
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Categories Technology
Tags mobile wallet market
Last Updated April 19, 2016