Consumer Mobile Payments Strategic Assessment and Forecast Till 2025: Google, Samsung, Amazon
Research Reports
Jan 16, 2021
Latest Research Study on Global Consumer Mobile Payments Market published by AMA, offers a detailed overview of the factors influencing the global business scope. Global Consumer Mobile Payments Market research report shows the latest market insights with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors, Challenges and Current Scenario Analysis of the Global Consumer Mobile Payments. This Report also covers the emerging player’s data, including: competitive situation, sales, revenue and global market share of top manufacturers are Google LLC (United States), Samsung Group (South Korea), Amazon.com Inc. (United States), Apple Inc. (United States), PayPal Inc. (United States), MasterCard PLC (United States), Visa Inc. (United States), American Express Co. (United States), Mahindra ComViva (India) and Orange SA (France)
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Brief Overview on Global Consumer Mobile Payments
This fast-growing mobile phone penetration also brings with it increasingly sophisticated mobile devices, which outpace ordinary computers. Mobile payments can be a more convenient and portable means of payment than traditional payment methods because they eliminate the burden of carrying multiple plastic cards, coins and currency in a physical wallet Mobile commerce in Europe is expected to grow significantly over the next few years, with an average compound annual growth rate of 42%. In 2014, Europe experienced an all-time peak in mobile revenues and mobile transactions. According to a RetailMeNot forecast based on data from some EU countries, Europeans will be spending about Euro 45 billion via mobile devices in 2015; this currently corresponds to around 14% of all online purchases made in the EU and represents an increase of 88.7% compared to 2014. According to one study, this type of payment is up to 15 to 30 seconds faster than swiping a traditional card, signing the receipt, or entering a PIN code. That can be important to consumers, especially to those who value saving time highly, as well as being able to pay bills at any given location According to AMA, the Global Consumer Mobile Payments market is expected to see growth rate of 27.1% and may see market size of USD4690.65 Billion by 2025.
Market Drivers
- The rapid growth in online retailing
- The rise in demand for easy and hassle-free purchase of goods and services results in increased preference of consumers toward digital and cashless payments
Opportunities
- Increasing Internet Penetration and Growing M-commerce Market
- Growing demand from developing countries
The Global Consumer Mobile Payments Market segments and Market Data Break Down are illuminated below:
Type (Remote (Peer-to-peer, M-commerce), Proximity (Near Field Communication, Barcode)), Application (Retail, Hospitality & Tourism, IT & Telecommunication, BFSI, Media & Entertainment, Healthcare, Airline, Others), Type of Mobile Pay (Mobile Wallet/Bank Cards, Mobile Money)
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global Consumer Mobile Payments Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Global Consumer Mobile Payments market
Chapter 2: Exclusive Summary – the basic information of the Global Consumer Mobile Payments Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Global Consumer Mobile Payments
Chapter 4: Presenting the Global Consumer Mobile Payments Market Factor Analysis, Post COVID Impact Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2014-2019
Chapter 6: Evaluating the leading manufacturers of the Global Consumer Mobile Payments market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2020-2025)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Global Consumer Mobile Payments Market is a valuable source of guidance for individuals and companies in their decision framework.
Data Sources & Methodology
The primary sources involves the industry experts from the Global Consumer Mobile Payments Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company’s Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.
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What benefits does AMA research studies provides?
- Supporting company financial and cash flow planning
- Latest industry influencing trends and development scenario
- Open up New Markets
- To Seize powerful market opportunities
- Key decision in planning and to further expand market share
- Identify Key Business Segments, Market proposition & Gap Analysis
- Assisting in allocating marketing investments
Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.
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