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Mobile Wallet Technologies: Global Markets

Mobile Wallet Technologies: Global Markets. Bharat Book Bureau. Summary. This report provides: An overview of the global mobile wallet market. Analyses of global market trends, with data from 2011 and 2012, and projections of compound annual growth rates (CAGRs) through 2017.

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Mobile Wallet Technologies: Global Markets

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  1. Mobile Wallet Technologies: Global Markets Bharat Book Bureau

  2. Summary This report provides: • An overview of the global mobile wallet market. • Analyses of global market trends, with data from 2011 and 2012, and projections of compound annual growth rates (CAGRs) through 2017. • Examination of supporting equipment and technologies, including RFID, smartphones, and 4G technology. • Discussion of payment framework and challenges, and legislation and regulatory framework for devices and technologies. • Delineation of technologies, such as mobile commerce, mobile payments (taxis, hotels, phone bills and others, and entertainment events), premium messages, mobile Web payments, near-field communication (NFC), cloud computing, and social media. • Comprehensive company profiles of major players.

  3. Continue.. TECHNOLOGIES AND APPLICATIONThis study provides thorough analysis of the market for mobile wallet technology. The market is segmented on the basis of technologies: mobile commerce—mobile payment solutions (taxi, hotel, phone bills and others), entertainment and event, premium messages, direct mobile billing, mobile Web payments, frictionless/contactless near field communication (NFC); mobile commerce—cloud computing and social media; mobile ticketing—rail, metro and bus tickets; airline tickets and boarding passes; passenger check-in; and baggage check-in; and micropayments. The report will also detail NFC chips, NFC tags, NFC readers, NFC micro secure digital (SD) cards and NFC SIM/universal integrated circuit cards (UICC). This report includes revenues through value chains and covers stakeholder segmentation as mobile network operators, mobile software developers, and operational support systems/business support systems (OSS/BSS) solution providers; handset and tablet manufacturers; mobile payment service providers; content; and applications aggregators.

  4. Continue.. STUDY BACKGROUNDCredit and debit cards, which significantly replaced the need to carry “real” money, has a few disadvantages such as risk of theft or loss, inconvenience of carrying significant amount of money etc. These disadvantages are increasing the scope of the mobile wallet. A mobile wallet facilitates transaction even during travel, which is the key cause for its adoption rate. A mobile wallet does not limit the user to have a particular bank account to transact. It also evades the need to stand in long lines. Therefore, mobile wallet banking offers visible advantages over plastic money and mobile banking.Service providers are collaborating with each other to provide one-stop solutions to the greatest challenges of mobile wallets with respect to standardization, privacy and security. Recent innovation of smartphones and the increasing penetration of Internet services in developing economies are all multiplying the adoption of the mobile wallet concept.

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