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Mobile Money Market Analysis, Top Players, Demand, Industry Challenges and Opportunities to 2027

The Mobile Money market is expected to grow from USD 16.1 Billion in 2018 to USD 143.2 Billion by 2026, at a CAGR of 36.4% during the forecast period.

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Mobile Money Market Analysis, Top Players, Demand, Industry Challenges and Opportunities to 2027

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  1. Mobile Money Transfer Market to Reach USD 143.2 Billion By 2027 www.reportsanddata.com

  2. Market Summary Mobile Money Transfer Market Size – USD 16.1 billion in 2018, Market Growth - CAGR of 36.4%, Market Trends – Growth in e-commerce. The Mobile Money Transfer Market is expected to grow from USD 16.1 Billion in 2018 to USD 143.2 Billion by 2026, at a CAGR of 36.4% during the forecast period. Increasing usage of smartphones, increase in online transactions and e-banking, rise in advanced mobile applications and technology advancements, rise of e- commerce, Need to connect the virtual financial world with reality and enhanced flexibility provisions among the mobile money services, NFC taking mobile money to a new level and supporting public authorities are some of the driving factors of the market. Further key findings from the report suggest The Mobile Money market is segmented by transaction mode into NFC/smart card, direct mobile billing, mobile web/WAP payments, SMS, STK/USSD, mobile apps, IVRS and others (Wi-Fi, QR codes, and Bluetooth). The mobile apps are expected to witness the highest growth of approximately CAGR of 37.1% in the forecast period, due to their easy operability and customization facilities. The Mobile Money market is segmented by payment nature into person-to-business, business-to- business, business-to-person and person-to-person. Person-to-person mostly dominate the market, with approximately USD 47.26 billion in the forecasted year, due to the payment services, provided by banks, which offer their customers with heightened convenience, immediate withdraws and deposits, and facilitate instant money transfers through any mobile device and Mobile Network Operator (MNO). • www.reportsanddata.com •

  3. Market Summary Key Players: Vodafone Group Plc (UK), Gemalto (Netherlands), FIS (US), Google Inc. (US), MasterCard Incorporated (US), Bharti Airtel Limited (India), Orange S.A. (France), Monitise PLC (UK), and Mahindra Comviva (India)., others Segmentation: Transaction mode Outlook (Revenue, USD Million; 2018–2026) • NFC/Smart card • Direct mobile billing • Mobile web/WAP payments • SMS • STK/USSD • Mobile apps • IVRS • Others (Wi-Fi, QR codes, and Bluetooth) www.reportsanddata.com Payment nature Outlook (Revenue, USD Million; 2018–2026) • Person to person • Person to business • Business to person • Business to business Ask for Sample Report at: https://www.reportsanddata.com/sample-enquiry-form/1113

  4. Market Summary Payment location Outlook (Revenue, USD Million; 2018–2026) • Remote payments • Proximity payments Purchase type Outlook (Revenue, USD Million; 2018–2026) • Airtime transfer and top-ups • Money transfers and payments • Merchandise and coupons • Travel and ticketing Regional Outlook (Revenue: USD Million; 2016-2026) • North America • Europe • Asia Pacific • MEA • Latin America www.reportsanddata.com Upcoming Related Reports: Aircraft Radar Systems Market Analysis, Size, Growth rate, Market Demand and Forecasts to 2027 Voice over 5G (Vo5G) Market Trends and Forecasts to 2027 Trends and Forecasts to 2027 Request a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/1113

  5. The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com

  6. About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. Contact US We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. www.reportsanddata.com John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

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