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Yahoo Finance Plus Global Mobile Payment Market Report 2023: Sector to Reach $494.5 Billion by 2030 at a CAGR of 27.2%
Global Market for Mobile Payment
Dublin, March 21, 2023 (GLOBE NEWSWIRE) -- The "Mobile Payment: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Mobile Payment estimated at US$72 Billion in the year 2022, is projected to reach a revised size of US$494.5 Billion by 2030, growing at a CAGR of 27.2% over the analysis period 2022-2030.
Near Field Communications (NFC), one of the segments analyzed in the report, is projected to record 35.3% CAGR and reach US$166.2 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Direct Mobile Billing segment is readjusted to a revised 30.8% CAGR for the next 8-year period.
The U.S. Market is Estimated at $19.6 Billion, While China is Forecast to Grow at 37.6% CAGR
The Mobile Payment market in the U.S. is estimated at US$19.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$155.7 Billion by the year 2030 trailing a CAGR of 37.6% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.6% and 23% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 20.8% CAGR.
Select Competitors (Total 98 Featured) -
Bharti Airtel Ltd.
Comviva Technologies Limited
FIS
Gemalto NV
Google LLC
MasterCard International, Inc.
Orange SA
PayPal, Inc.
Vodafone Group PLC
What`s New for 2023?
Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year
Key Attributes:
Report Attribute | Details |
No. of Pages | 198 |
Forecast Period | 2020 - 2027 |
Estimated Market Value (USD) in 2020 | $39.4 Billion |
Forecasted Market Value (USD) by 2027 | $218.6 Billion |
Compound Annual Growth Rate | 27.7% |
Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Mobile Payment (Mobile Money) - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/goc7cu
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
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