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
MasterCard International, 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
No. of Pages
2020 - 2027
Estimated Market Value (USD) in 2020
Forecasted Market Value (USD) by 2027
Compound Annual Growth Rate
Key Topics Covered:
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
For more information about this report visit https://www.researchandmarkets.com/r/goc7cu
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