Canada Mobile Wallet and Payment Market Opportunities (Databook Series) – Market Size and Forecast across 45+ Market Segments in Mobile Commerce, International Remittance, P2P transfer, Bill Payment, Retail Spend, Consumer Attitude & Behaviour, and Market

Canada Mobile Wallet and Payment Market Opportunities (Databook Series) – Market Size and Forecast across 45+ Market Segments in Mobile Commerce, International Remittance, P2P transfer, Bill Payment, Retail Spend, Consumer Attitude & Behaviour, and Market Risk

Report Description

The existing payment ecosystem in Canada is being disrupted by the mobile payment. There is a fundamental shift in both remote transaction and proximity payment. More than 70% of Canadians use their mobile devices for sending and receiving e-transfers. Canada has a significantly higher rate of digital payment, compared to markets such as US, Germany, and Japan. Consequently, mobile payment adoption is expected to outperform US.
According to PayNXT360, the Canadian mobile payment industry has recorded a steady growth across all key segments in both value and volume terms – mobile commerce, P2P transfer (both domestic and international remittance) through mobile, and bill payment. Over the next eight quarters, mobile payment industry is expected to witness increased adoption, taking share from other digital channels. PayNXT360 expects increased rate of innovation in solutions delivered through mobile wallets, primarily led by start-ups in Canada.

According to PayNXT360, the mobile payment industry in Canada is expected to record a CAGR of 9.1% to reach US$ 117,670.7 million by 2025. The mobile wallet payment segment in value terms increased at a CAGR of 8.9% during 2018-2025.

This report from PayNXT360 provides a comprehensive view on mobile payment / mobile wallet market size and growth dynamics, industry dynamics, retail spending, consumer attitude and behaviour, and competitive landscape in Canada. The report focuses on data-centric analysis of mobile payment market dynamics to help companies understand business and investment opportunities along with risks.

It details growth dynamics in 45+ market segments (600+ KPIs) across mobile commerce, mobile P2P transfer (domestic and international remittance), mobile lending, and a range of other payment avenues in Canada.

Report Scope

This report provides in-depth market opportunity analysis and growth dynamics of mobile payment industry in Canada. Below is a summary of key market segments:

Market Size and Forecast
Mobile payment and mobile wallet market size and forecast across 45+ markets segments on three essential KPIs – mobile payment transaction value, volume and average transaction value.

Canada Market Share of Key Mobile Wallet Companies
Provides market share by key players in value terms.

Canada Market Share by Mobile Payment Technology: Provides market share by key mobile payment technologies –
SMS / USSD,
NFC,
Code Based, and
Web Based.

Canada Mobile Proximity Payment Market Size and Forecast
Mobile payment and mobile wallet market size and forecast by mobile proximity payment.

Mobile Wallet Usage Analysis by Consumer Profile: Drawing from proprietary survey results, this report identifies and interprets key mobile payment KPIs, including spend by age, gender, and income level in both value and volume terms.

Retail Spend Analysis through Mobile Wallet: Breaks down retail spend across 10 categories to provide detailed insights on consumer behaviour and changing dynamics of spend through mobile wallet. Retail spend categories tracked include food and grocery, health & beauty, apparel and footwear, books / music / video, consumer electronics, pharmacy and wellness, restaurants & bars, toys, kids & babies, media and entertainment, services

Canada Mobile Retail Shopping Market Size and Forecast (2016 – 2025)
Market opportunity and growth dynamics in retail shopping by mobile payment transaction value, volume and average transaction value across following segments in Canada
In-Store Retail
Online Retail
Domestic Online Retail
International Online Retail

Canada Mobile Travel Booking Market Size and Forecast (2016 – 2025)
Market opportunity and growth dynamics by mobile payment transaction value, volume and average transaction value across following mobile travel booking segments in Canada
Offline Travel Booking
Online Travel Bookings
Online Flight Bookings
Online Bus & Train Bookings
Online Hotel Bookings
Online Domestic Travel Bookings
Online Domestic Flight Bookings
Online Domestic Bus & Train Bookings
Online Domestic Hotel Bookings
Online International Travel Bookings
Online International Flight Bookings
Online International Bus & Train Bookings
Online International Hotel Bookings
Spend During Travel
Transit & Toll – Metro & Cabs Bookings

Canada Mobile Domestic and International Remittance Market Size and Forecast (2016 – 2025)
Market opportunity and growth dynamics by mobile payment transaction value, volume and average transaction value across the following domestic and international remittance segments in Canada
Domestic Remittance (P2P)
Intra City P2P
Inter State P2P
International Remittance
Outbound Remittance
Inbound Remittance

Canada Mobile Recharge, Bill Payment, and Other Payment Market Size and Forecast (2016 – 2025)
Market opportunity and growth dynamics by mobile payment transaction value, volume and average transaction value across the following mobile recharge and bill payment segments in Canada
Insurance Payments
Fuel Bills
Healthcare and Wellness Bills
Rental Payment
Mobile Recharge/Payment
DTH Recharge/Payment
Broadband/Data Cards Recharge/Payment
Landline Recharge/Payment
Credit Cards Payment

Canada Mobile Financial Services Market Size and Forecast (2016 – 2025)
Market opportunity and growth dynamics by mobile payment transaction value, volume and average transaction value across the following financial services segments in Canada
Investment Payment
P2P Lending
Charity and Crowd Funding
Social Gifting
Fee
Person to Government (P2G) Payment

Reason to Buy

In-depth Understanding of Mobile Payment Market Dynamics: Understand market opportunities and key trends along with forecast (2016-2025) in Canada.

Develop Market Specific Strategies: Identify growth segments and target specific opportunities to formulate mobile payment / mobile wallet strategy; assess market specific key trends, drivers and risks in the mobile payment industry.

Get Insights into Consumer Attitude and Behaviour: Understand changing consumer attitude and behaviour. Get detailed insights into retail spend through mobile wallet in Canada.