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Global Mobile Payment Market Forecast 2018-2026

Global Mobile Payment Market Forecast 2018-2026

KEY FINDINGS
The Global Mobile payment market is predicted to grow at a CAGR of 22.25% over the forecast period of 2018-2026. Some of the factors that have been instrumental for such a phenomenal growth of the market include the growing preference for Mobile payment over traditional banking methods, technological advancements, increasing usage of mobile payments by unbanked population and the rising e-commerce.

MARKET INSIGHTS
The mobile payment market can be segmented on the basis of the type of Medium that comprises of SMS, Internet, Contactless, and USSD. The SMS is a major segment of the market by medium. The market is also segmented by the type of payments that include P2P, Mobile Commerce, Prepaid Mobile Wallet, In-App Billing, Carrier Billing and Closed Loop Payments. The P2P mobile payment is popular in this market because of its growing use in emerging nations like Tanzania, Kenya, Rwanda, Vietnam, and the Philippines.

REGIONAL INSIGHTS
The mobile payment market is divided into 4 major regions that include North America (U.S., Canada and rest of North America), Asia Pacific (China, India, Japan, Vietnam, Philippines, Australia, South Korea, and RoAPAC), Europe (UK, Finland, Sweden, Norway, Germany, RoE) and the rest of the world (Kenya, Tanzania, Zimbabwe, Rwanda, Nigeria and others). The North American market is the dominating region in the global mobile payment market with the United States being the major contributing country. The Asia-Pacific region too has witnessed a rapid development over the past few years with countries like China, India, South Korea and Japan being its major contributors.

COMPETITIVE INSIGHTS
The major players for this market include Apple Inc, Alipay, Airtel Money, Boku, Bank Of America, Banco Bilbao Vizcaya Argentaria Wallet, Beijing Qiandaibao Payment Technology Ltd, China UnionPay, Merchant Customer Exchange, M-Pesa, Dwolla Corp, G-Xchange, Google, Izettle, Intuit Pay, Mastercard, Square Inc, Tenpay Technology Ltd, The Western Union Company, We Pay Inc, Yeepay, 99bill Corporation, Softcard, Paytm, Paypal, Paymentwall and Obopay Inc.


1. Research Scope
1.1. Study Goals
1.2. Scope Of The Market Study
1.3. Who Will Find This Report Useful?
1.4. Study And Forecasting Years
2. Research Methodology
2.1. Sources Of Data
2.1.1. Secondary Data
2.1.2. Primary Data
2.2. Top Down Approach
2.3. Bottom-up Approach
2.4. Data Triangulation
2.5. Estimation Methodology
3. Executive Summary
3.1. Market Summary
3.2. Key Findings
3.2.1. North America Dominates The Global Mobile Payment Market
3.2.2. Mobile Payments Have Become A Mainstream Payment Method In African Countries
3.2.3. Mobile Person To Person Transfer (P2p) Holds Major Chunk Of The Global Mobile Payment Market By Type Of Payment
4. Market Overview
4.1. Market Definition
4.2. Market Constituents
4.2.1. Banks And Telecom Companies
4.3. Regulatory Bodies
4.3.1. Financial Regulators
4.3.2. Telecom Regulators
4.3.3. Data Protection
4.4. Mobile Payment Platform Providers
4.4.1. Application Developers
4.5. Drivers
4.5.1. The Global Mobile Payment Market Is Driven By Acquisitions And Partnerships
4.5.2. Mobile Payment Is Being Preferred Over Traditional Banking Methods
4.5.3. Technological Advancement Blooming The Mobile Payment Market
4.5.4. Small Merchants And Businesses Accepting Mobile Payments
4.5.5. Extensive Use Of Mobile Payment By Unbanked Population
4.5.6. Mobile Payment Market Driven By Growth In E-commerce
4.6. Restraints
4.6.1. Security Threats Are The Major Concerns
4.6.2. Spyware And Malware Attacks May Slow Down The Mobile Payment Market
4.6.3. Interoperability Is A Key Concern
4.7. Opportunities
4.7.1. Introduction Of More User-friendly Technologies To Create Scope For Mobile Payment Market
4.7.2. Entry Of Big Players In Mobile Payment Market To Create Huge Scope For Global Payment Market
4.7.3. Emphasis On User-convenience Giving Rise To Adoption Of Mobile Payment Systems
4.7.4. Cash Transaction Limit
4.7.5. Smart Cities Expected To Bring Significant Business For Mobile Payment Market
4.7.6. Unbanked Geographies Are The Opportunity Markets
4.8. Challenges
4.8.1. Unwillingness To Switch To New Technology
4.8.2. Huge Capital Requirement
4.8.3. New Additions To The Technology And Unclear Rules Confuse The Market Players And Customers
4.8.4. Lack Of Confidence And Late Arrival Scenario May Affect The Growth Of The Market
4.8.5. Addressing The Complexities Is A Concern
4.8.6. Lack Of Technological Standards
4.8.7. Mobile Payments Need To Create Space For Long-term Growth
5. Global Mobile Payment Market By Types Of Payment 2018-2026 ($ Billion)
5.1. Mobile Person To Person Transfer (P2p)
5.2. Mobile Commerce
5.2.1. Various Mobile Commerce Services
5.3. Prepaid Mobile Wallet
5.4. In-app Billing
5.5. Carrier Billing
5.6. Closed Loop Payments
6. Global Mobile Payment Market By Medium 2018-2026 ($ Billion)
6.1. Sms
6.2. Internet
6.3. Contactless
6.4. Ussd
7. Key Analytics
7.1. Porter’s 5 Force Model
7.1.1. Bargaining Power Of Buyers
7.1.2. Bargaining Power Of Suppliers
7.1.3. Threat Of Substitute Products
7.1.4. Threat Of New Entrants
7.1.5. Intensity Of Competitive Rivalry
7.2. Vendor Landscape
7.3. Opportunity Matrix
8. Global Mobile Payment Market By Geography 2018-2026 ($ Billion)
8.1. North America
8.1.1. United States
8.1.2. Canada
8.1.3. Rest Of North America
8.2. Europe
8.2.1. Uk
8.2.2. Sweden
8.2.3. Finland
8.2.4. Norway
8.2.5. Germany
8.2.6. Rest Of Europe
8.3. Asia Pacific
8.3.1. China
8.3.2. India
8.3.3. Vietnam
8.3.4. The Philippines
8.3.5. Australia
8.3.6. Japan
8.3.7. South Korea
8.3.8. Rest Of Apac
8.4. Rest Of The World
8.4.1. Kenya
8.4.2. Tanzania
8.4.3. Zimbabwe
8.4.4. Rwanda
8.4.5. Nigeria
9. Competitive Landscape
9.1. Market Share Analysis
9.2. Strategic Moves
9.3. Company Profiles
9.3.1. Apple Inc.
9.3.2. Alipay
9.3.3. Airtel Money
9.3.4. Boku
9.3.5. Bank Of America
9.3.6. Banco Bilbao Vizcaya Argentaria Wallet
9.3.7. Beijing Qiandaibao Payment Technology Ltd.
9.3.8. China Unionpay
9.3.9. Merchant Customer Exchange
9.3.10. M-pesa
9.3.11. Dwolla Corp
9.3.12. G-xchange
9.3.13. Google
9.3.14. Izettle
9.3.15. Intuit Pay
9.3.16. Mastercard
9.3.17. Square Inc
9.3.18. Tenpay Technology Ltd
9.3.19. The Western Union Company
9.3.20. We Pay Inc
9.3.21. Yeepay
9.3.22. 99bill Corporation
9.3.23. Softcard
9.3.24. Paytm
9.3.25. Paypal
9.3.26. Paymentwall
9.3.27. Obopay Inc
List Of Tables
Table 1 Global Mobile Payment Market By Region 2018-2026 ($ Billion)
Table 2 Laws Related To The South Korean Payment And Settlement System
Table 3 Mobile Payment Risks And Challenges
Table 4 Global Mobile Payment Market By Types Of Payment 2018-2026 ($ Billion)
Table 5 Global Mobile Person To Person Transfer (P2p) Market By Geography 2018-2026 ($ Billion)
Table 6 Global Mobile Commerce Market By Geography 2018-2026 ($ Billion)
Table 7 Global Prepaid Mobile Wallet Market By Geography 2018-2026 ($ Billion)
Table 8 Mobile Wallet Technologies
Table 9 Global In-app Billing Market By Geography 2018-2026 ($ Billion)
Table 10 Global Carrier Billing Market By Geography 2018-2026 ($ Billion)
Table 11 Global Closed Loop Payments Market By Geography 2018-2026 ($ Billion)
Table 12 Global Mobile Payment Market By Medium 2018-2026 ($ Billion)
Table 13 Global Sms Market By Geography 2018-2026 ($ Billion)
Table 14 Global Internet Market By Geography 2018-2026 ($ Billion)
Table 15 Global Contactless Market By Geography 2018-2026 ($ Billion)
Table 16 Global Ussd Market By Geography 2018-2026 ($ Billion)
Table 17 Global Mobile Payment Market By Geography 2018-2026 ($ Billion)
Table 18 North America Mobile Payment Market By Countries 2018-2026 ($ Billion)
Table 19 Europe Mobile Payment Market By Countries 2018-2026 ($ Billion)
Table 20 Asia Pacific Mobile Payment Market By Countries 2018-2026 ($ Billion)
Table 21 Comparative Analysis Of Gcash And Smart Money
Table 22 Row Mobile Payment Market By Countries 2018-2026 ($ Billion)
Table 23 Key Market Players In Kenya Mobile Payment Market In 2015
List Of Figures
Figure 1 Global Mobile Payment Market By Types Of Mobile Payment 2018-2026 ($ Billion)
Figure 2 Growth Of Registered Mobile Money Accounts In Sub-saharan Africa
Figure 3 Evolution Of Payment System
Figure 4 Regulatory Bodies Impacting Mobile Payment Market
Figure 5 Number Of Commercial Bank Branches In Southeast Asian Countries
Figure 6 Models Of Mobile Money In Nigeria
Figure 7 Percentage Of Phishing Attacks By Sector In 2015
Figure 8 Mobile Payments Global Product Mix By Value 2014
Figure 9 Global Urban Population, 2016-2050 (%)
Figure 10 Impact Of Mobile Financial Services On Unbanked Geographies In 2016
Figure 11 Global Mobile Person To Person Transfer (P2p) Market 2018-2026 ($ Million)
Figure 12 Global Mobile Commerce Market 2018-2026 ($ Billion)
Figure 13 Global Prepaid Mobile Wallet Market 2018-2026 ($ Billion)
Figure 14 Global In-app Billing Market 2018-2026 ($ Billion)
Figure 15 Global Carrier Billing Market 2018-2026 ($ Billion)
Figure 16 Global Closed Loop Payments Market 2018-2026 ($ Billion)
Figure 17 Global Sms Market 2018-2026 ($ Billion)
Figure 18 Global Internet Market 2018-2026 ($ Billion)
Figure 19 Global Contactless Market 2018-2026 ($ Billion)
Figure 20 Global Ussd Market 2018-2026 ($ Billion)
Figure 21 Us Mobile Payment Market 2018-2026 ($ Billion)
Figure 22 Number Of Smartphones And Tablet Users In Us From 2014 To 2020 (In Million)
Figure 23 Number Of Smartphone And Tablet Users In Canada 2014-2018 (In Million)
Figure 24 Canada Mobile Payment Market 2018-2026 ($ Billion)
Figure 25 Rest Of North America Mobile Payment Market 2018-2026 ($ Billion)
Figure 26 Smartphone Users In Uk By Age Group In 2015
Figure 27 Uk Mobile Payment Market 2018-2026 ($ Billion)
Figure 28 Sweden Mobile Payment Market 2018-2026 ($ Billion)
Figure 29 Finland Mobile Payment Market 2018-2026 ($ Billion)
Figure 30 Smartphone Users In Finland 2014-2018 ($ Million)
Figure 31 Norway Mobile Payment Market 2018-2026 ($ Billion)
Figure 32 Germany Mobile Payment Market 2018-2026 ($ Billion)
Figure 33 Rest Of Europe Mobile Payment Market 2018-2026 ($ Billion)
Figure 34 China Mobile Payment Market 2018-2026 ($ Billion)
Figure 35 Mobile Subscribers In China Till November 2015 ($ Million)
Figure 36 India Mobile Payment Market 2018-2026 ($ Billion)
Figure 37 Number Of Mobile Connections In India (In Million)
Figure 38 Mobile Cellular Subscriptions (Per 100 People) In Vietnam 2011-2017
Figure 39 Vietnam Mobile Payment Market 2018-2026 ($ Billion)
Figure 40 Philippines Mobile Payment Market 2018-2026 ($ Billion)
Figure 41 Australia Mobile Payment Market 2018-2026 ($ Billion)
Figure 42 Japan Mobile Payment Market 2018-2026 ($ Billion)
Figure 43 Mobile Subscribers And Population Of Japan 2016
Figure 44 South Korea Mobile Payments Market 2018-2026 ($ Billion)
Figure 45 Rest Of Apac Mobile Payment Market 2018-2026 ($ Billion)
Figure 46 Mobile Payment Users Of Africa (In Million)
Figure 47 Value Of Transactions By Mobile As Percentage Of Gdp In 2015
Figure 48 Kenya Mobile Payment Market 2018-2026 ($ Billion)
Figure 49 Tanzania Mobile Payment Market 2018-2026 ($ Billion)
Figure 50 Mobile Money Market Share Of Mnos In Tanzania (2016)
Figure 51 Zimbabwe Mobile Payments Market 2018-2026 ($ Billion)
Figure 52 Rwanda Mobile Payment Market 2018-2026 ($ Billion)
Figure 53 Share Of Mobile Network Operators In Rwanda (Million)
Figure 54 Nigeria Mobile Payment Market 2018-2026 ($ Billion)
Figure 55 Market Share Of Mobile Payment Market 2017

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