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(CityRegions.Com, January 04, 2017 ) About Mobile Wallets
The growing use of 3G and 2G mobile data and broadband globally is a major factor contributing to the growth of the global Mobile Wallet market. Mobile wallets are equipped with options like integration with coupons and tickets, which are making them highly popular among users. In addition, users can also save their card and bank details on their smartphones and make payments and purchases easily. The increasing technological advances in NFC devices and growing security of payment portals are other factors driving the market growth.
Technavios analysts forecast the global mobile wallet market to grow at a CAGR of 35.5% during the period 2017-2021.
Covered : The report covers the present scenario and the growth prospects of the global mobile wallet market for 2017-2021. To calculate the market size, the report considers the revenue generated from the from retail transactions sourced through mobile wallets. These transactions include m-commerce transactions, mobile ticketing, mobile coupons, money transfer, and micropayments.
Segments based on geography: Americas APAC EMEA
Technavio's report, Global Mobile Wallet 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.
To Get Sample Copy of Report visit @ http://www.researchmoz.us/enquiry.php?type=S&repid=902763
Key vendors Alibaba Group Apple Citrus Payment Solutions Google MasterCard Oxigen Services PayPal Holdings Samsung Electronics Visa
Other prominent vendors Airtel American Express Bank of America Dwolla LevelUp LivQuik Merchant Customer Exchange MobiKwik M-Pesa Square Venmo Y-cash Software Solutions ZipCash
Key driver High adoption of contactless payment solutions For a full, detailed list, view our report
Key challenge Lack of awareness about features of mobile wallet technology For a full, detailed list, view our report
Key trend Rapid growth in 3G/4G subscriptions and mobile data consumption For a full, detailed list, view our report
For More Information Kindly Contact:
ResearchMoz Mr. Nachiket Ghumare, Tel: +1-518-621-2074 USA-Canada Toll Free: 866-997-4948 Email: sales@researchmoz.us Follow us on LinkedIn @ http://bit.ly/1TBmnVG
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Source: EmailWire.Com
Source: EmailWire.com
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