About Mobile Payment

Mobile payments are the payments made using mobile devices such as cell phones or tablets, using mobile money or mobile wallets. Technological innovations and rapid technological advances are changing the way people connect with each other and manage their finances. With the advent of mobile banks, users are able to conduct monetary transactions with ease. Mobile banking is an affordable alternative to the traditional banking ways.

Technavio’s analysts forecast the global mobile payment market to grow at a CAGR of 35.55% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global mobile payment market for 2017-2021. To calculate the market size, the report considers mobile payment transaction values.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Mobile Payment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• FIS
• Gemalto
• MasterCard
• PayPal
• Alibaba Group
• Apple
• Google
• Samsung Electronics

Other prominent vendors
• Bharti Airtel
• American Express
• Bank of America
• Citrus Payment Solutions
• LevelUp
• MobiKwik
• One97 Communication
• Orange
• Oxigen
• Square
• Venmo
• Visa
• ZipCash Card Services

Market driver
• Increasing use of mobile devices
• For a full, detailed list, view our report

Market challenge
• Security of mobile payment apps
• For a full, detailed list, view our report

Market trend
• Cloud-based mobile payment solutions
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.