Nigeria Mobile Retail Shopping Business and Investment Opportunities (Databook Series) – Market Size and Forecast, Retail Spend Analysis, and Consumer Attitude & Behaviour
Report Description
According to PayNXT360, the retail shopping through mobile in Nigeria is expected to record a CAGR of 26.7% to reach US$ 44,919.9 million by 2025. The mobile wallet payment in retail industry increased at a CAGR of 26.8% during 2018-2025.
This report from PayNXT360 provides a comprehensive view on retail shopping through mobile payment / mobile wallet, covering market size and growth dynamics, retail spending, and consumer attitude and behaviour in Nigeria. The report focuses on data-centric analysis to help companies understand business and investment opportunities along with risks.
Report Scope
This report provides in-depth market opportunity analysis and growth dynamics of mobile payment across retail shopping segments in Nigeria.
Market Size and Forecast
Mobile payment and mobile wallet market size and forecast across 15+ markets segments on three essential KPIs – mobile payment transaction value, volume and average transaction value.
Nigeria Market Share of Key Mobile Wallet Companies
Provides market share by key players in value terms.
Nigeria Market Share by Mobile Payment Technology: Provides market share by key mobile payment technologies –
SMS / USSD,
NFC,
Code Based, and
Web Based.
Nigeria Mobile Proximity Payment Market Size and Forecast
Mobile payment and mobile wallet market size and forecast by mobile proximity payment.
Nigeria 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 Nigeria
In-Store Retail
Online Retail
Domestic Online Retail
International Online Retail
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.
Reason to Buy
In-depth Understanding of Mobile Payment Market Dynamics in Retail Shopping: Understand market opportunities and key trends along with forecast (2016-2025) in Nigeria.
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 Nigeria.
- 1 About this Report
- 1.1 Summary
- 1.2 Scope
- 1.3 Methodology
- 1.4 Disclaimer
- 2 Nigeria Mobile Payment Industry Attractiveness
- 2.1 Nigeria Mobile Payment – Transaction Value Trend Analysis, 2016-2025
- 2.2 Nigeria Mobile Payment – Average Transaction Value Trend Analysis, 2016-2025
- 2.3 Nigeria Mobile Payment – Transaction Volume Trend Analysis, 2016-2025
- 2.4 Mobile Payment Market Share by Application – Emerging Avenues and Future Growth Prospects
- 2.5 Nigeria Mobile Wallet – Transaction Value Trend Analysis, 2016-2025
- 2.6 Nigeria Mobile Wallet – Average Transaction Value Trend Analysis, 2016-2025
- 2.7 Nigeria Mobile Wallet – Transaction Volume Trend Analysis, 2016-2025
- 2.8 Nigeria Mobile Wallet – Load Value Analysis by Payment Instrument, 2018
- 2.9 Analysis of Mobile Payment User Base
- 2.9.1 Nigeria Number of Mobile Phone Users, 2016 – 2025
- 2.9.2 Nigeria Number of Smartphone Users, 2016 – 2025
- 2.9.3 Nigeria Number of Mobile Payment Users, 2016 – 2025
- 3 Nigeria Mobile Wallet Competitive Landscape and Market Share Analysis
- 3.1 Mobile Wallet Market Share Analysis by Key Players
- 3.2 Mobile Wallet Market Share Analysis by Business Model
- 4 Nigeria Analysis of Mobile Wallet Market Share by Technology Channel
- 5 Nigeria Mobile Payment in Retail Shopping: Market Size and Forecast by Key Segments, 2016 – 2025
- 5.1 Market Share Analysis in Retail Shopping Segment by Payment Instrument
- 5.2 Mobile Payment in Retail Shopping: Market Size and Forecast by Transaction Value, 2016 – 2025
- 5.3 Mobile Wallet Payment in Retail Shopping: Market Size and Forecast by Transaction Value, 2016 – 2025
- 5.4 Mobile Wallet Payment in Retail Shopping: Market Size and Forecast by Average Transaction Value, 2016 – 2025
- 5.5 Mobile Wallet Payment in Retail Shopping: Market Size and Forecast by Transaction Volume, 2016 – 2025
- 6 Nigeria Mobile Payment in Retail In-Store Shopping: Market Size and Forecast by Key Segments, 2016 – 2025
- 6.1 Market Share Analysis in Retail In-Store Shopping Segment by Payment Instrument
- 6.2 Mobile Wallet Payment in Retail In-Store Shopping: Market Size and Forecast by Transaction Value, 2016 – 2025
- 6.3 Mobile Wallet Payment in Retail In-Store Shopping: Market Size and Forecast by Average Transaction Value, 2016 – 2025
- 6.4 Mobile Wallet Payment in Retail In-Store Shopping: Market Size and Forecast by Transaction Volume, 2016 – 2025
- 7 Nigeria Mobile Payment in Retail Online Shopping: Market Size and Forecast by Key Segments, 2016 – 2025
- 7.1 Market Share Analysis in Retail Online Shopping Segment by Payment Instrument
- 7.2 Mobile Payment in Retail Online Shopping: Market Size and Forecast by Transaction Value, 2016 – 2025
- 7.3 Mobile Wallet Payment in Retail Online Shopping: Market Size and Forecast by Transaction Value, 2016 – 2025
- 7.4 Mobile Wallet Payment in Retail Online Shopping: Market Size and Forecast by Average Transaction Value, 2016 – 2025
- 7.5 Mobile Wallet Payment in Retail Online Shopping: Market Size and Forecast by Transaction Volume, 2016 – 2025
- 8 Nigeria Mobile Payment in Retail Online Domestic Shopping: Market Size and Forecast by Key Segments, 2016 – 2025
- 8.1 Market Share Analysis in Retail Online Domestic Shopping Segment by Payment Instrument
- 8.2 Mobile Payment in Retail Online Domestic Shopping: Market Size and Forecast by Transaction Value, 2016 – 2025
- 8.3 Mobile Wallet Payment in Retail Online Domestic Shopping: Market Size and Forecast by Transaction Value, 2016 – 2025
- 8.4 Mobile Wallet Payment in Retail Online Domestic Shopping: Market Size and Forecast by Average Transaction Value, 2016 – 2025
- 8.5 Mobile Wallet Payment in Retail Online Domestic Shopping: Market Size and Forecast by Transaction Volume, 2016 – 2025
- 9 Nigeria Mobile Payment in Retail Online International Shopping: Market Size and Forecast by Key Segments, 2016 – 2025
- 9.1 Market Share Analysis in Retail Online International Shopping Segment by Payment Instrument
- 9.2 Mobile Payment in Retail Online International Shopping: Market Size and Forecast by Transaction Value, 2016 – 2025
- 9.3 Mobile Wallet Payment in Retail Online International Shopping: Market Size and Forecast by Transaction Value, 2016 – 2025
- 9.4 Mobile Wallet Payment in Retail Online International Shopping: Market Size and Forecast by Average Transaction Value, 2016 – 2025
- 9.5 Mobile Wallet Payment in Retail Online International Shopping: Market Size and Forecast by Transaction Volume, 2016 – 2025
- 10 Nigeria Mobile Payment Analysis by Consumer Attitude and Behaviour
- 10.1 Mobile Payment Spend Analysis by Age Group in Value and Volume Terms
- 10.1.1 Trend Analysis by Age Group in Value Terms
- 10.1.2 Trend Analysis by Age Group in Volume Terms
- 10.2 Mobile Payment Transaction Value and Volume Analysis by Income Group in Value and Volume Terms
- 10.2.1 Trend Analysis by Income Group in Value Terms
- 10.2.2 Trend Analysis by Income Group in Volume Terms
- 10.3 Mobile Payment Transaction Value Analysis by Gender
- 10.4 Spend Analysis by Retail Categories, Value
- 11 Further Reading
- 11.1 About PayNXT360
- 11.2 Related Research
- 11.3 PayNXT360 Knowledge Center
- List of Tables
- Table 1: Nigeria Mobile Payment – Transaction Value Trend Analysis (US$ Million), 2016-2025
- Table 2: Nigeria Mobile Payment – Average Transaction Value Trend Analysis (US$), 2016-2025
- Table 3: Nigeria Mobile Payment – Transaction Volume Trend Analysis (000’), 2016-2025
- Table 4: Nigeria Mobile Wallet – Transaction Value Trend Analysis (US$ Million), 2016-2025
- Table 5: Nigeria Mobile Wallet – Average Transaction Value Trend Analysis (US$), 2016-2025
- Table 6: Nigeria Mobile Wallet – Transaction Volume Trend Analysis (000’), 2016-2025
- Table 7: Nigeria Mobile Payment – Mobile Phone Users Trend Analysis (Million), 2016-2025
- Table 8: Nigeria Mobile Payment – Smartphone Users Trend Analysis (Million), 2016-2025
- Table 9: Nigeria Mobile Payment – Mobile Payment Users Trend Analysis (Million), 2016-2025
- Table 10: Nigeria Mobile Payment – Retail Shopping Segment – Transaction Value Trend Analysis (US$ Million), 2016-2025
- Table 11: Nigeria Mobile Wallet Payment – Retail Shopping Segment – Transaction Value Trend Analysis (US$ Million), 2016-2025
- Table 12: Nigeria Mobile Wallet Payment – Retail Shopping Segment – Average Transaction Value Trend Analysis (US$), 2016-2025
- Table 13: Nigeria Mobile Wallet Payment – Retail Shopping Segment – Transaction Volume Trend Analysis (000’), 2016-2025
- Table 14: Nigeria Mobile Wallet Payment – Retail In-Store Shopping Segment – Transaction Value Trend Analysis (US$ Million), 2016-2025
- Table 15: Nigeria Mobile Wallet Payment – Retail In-Store Shopping Segment – Average Transaction Value Trend Analysis (US$), 2016-2025
- Table 16: Nigeria Mobile Wallet Payment – Retail In-Store Shopping Segment – Transaction Volume Trend Analysis (000’), 2016-2025
- Table 17: Nigeria Mobile Payment – Retail Online Shopping Segment – Transaction Value Trend Analysis (US$ Million), 2016-2025
- Table 18: Nigeria Mobile Wallet Payment – Retail Online Shopping Segment – Transaction Value Trend Analysis (US$ Million), 2016-2025
- Table 19: Nigeria Mobile Wallet Payment – Retail Online Shopping Segment – Average Transaction Value Trend Analysis (US$), 2016-2025
- Table 20: Nigeria Mobile Wallet Payment – Retail Online Shopping Segment – Transaction Volume Trend Analysis (000’), 2016-2025
- Table 21: Nigeria Mobile Payment – Retail Online Domestic Shopping Segment – Transaction Value Trend Analysis (US$ Million), 2016-2025
- Table 22: Nigeria Mobile Wallet Payment – Retail Online Domestic Shopping Segment – Transaction Value Trend Analysis (US$ Million), 2016-2025
- Table 23: Nigeria Mobile Wallet Payment – Retail Online Domestic Shopping Segment – Average Transaction Value Trend Analysis (US$), 2016-2025
- Table 24: Nigeria Mobile Wallet Payment – Retail Online Domestic Shopping Segment – Transaction Volume Trend Analysis (000’), 2016-2025
- Table 25: Nigeria Mobile Payment – Retail Online International Shopping Segment – Transaction Value Trend Analysis (US$ Million), 2016-2025
- Table 26: Nigeria Mobile Wallet Payment – Retail Online International Shopping Segment – Transaction Value Trend Analysis (US$ Million), 2016-2025
- Table 27: Nigeria Mobile Wallet Payment – Retail Online International Shopping Segment – Average Transaction Value Trend Analysis (US$), 2016-2025
- Table 28: Nigeria Mobile Wallet Payment – Retail Online International Shopping Segment – Transaction Volume Trend Analysis (000’), 2016-2025
- List of Figures
- Figure 1: PayNXT360’s Methodology Framework
- Figure 2: Nigeria Mobile Payment – Transaction Value Trend Analysis (US$ Million), 2016-2025
- Figure 3: Nigeria Mobile Payment – Average Transaction Value Trend Analysis (US$), 2016-2025
- Figure 4: Nigeria Mobile Payment – Transaction Volume Trend Analysis (000’), 2016-2025
- Figure 5: Nigeria Mobile Payment – Market Share by Application, 2018 Vs. 2025
- Figure 6: Nigeria Mobile Wallet – Transaction Value Trend Analysis (US$ Million), 2016-2025
- Figure 7: Nigeria Mobile Wallet – Average Transaction Value Trend Analysis (US$), 2016-2025
- Figure 8: Nigeria Mobile Wallet – Transaction Volume Trend Analysis (000’), 2016-2025
- Figure 9: Nigeria Mobile Wallet – Load Value Analysis by Payment Instrument (Value), 2018
- Figure 10: Nigeria Mobile Payment – Mobile Phone Users Trend Analysis (Million), 2016-2025
- Figure 11: Nigeria Mobile Payment – Smartphone Users Trend Analysis (Million), 2016-2025
- Figure 12: Nigeria Mobile Payment – Mobile Payment Users Trend Analysis (Million), 2016-2025
- Figure 13: Nigeria Mobile Wallet – Market Share Analysis by Key Players (by Value), 2018
- Figure 14: Nigeria Mobile Wallet – Market Share Analysis by Business Model (US$ Million), 2018
- Figure 15: Nigeria Mobile Wallet – Market Share by Technology Channel (by Value), 2018
- Figure 16: Nigeria Payment Statistics – Retail Shopping Segment by Payment Instrument (US$ Million), 2018 Vs. 2025
- Figure 17: Nigeria Mobile Payment – Retail Shopping Segment – Transaction Value Trend Analysis (US$ Million), 2016-2025
- Figure 18: Nigeria Mobile Wallet Payment – Retail Shopping Segment – Transaction Value Trend Analysis (US$ Million), 2016-2025
- Figure 19: Nigeria Mobile Wallet Payment – Retail Shopping Segment – Average Transaction Value Trend Analysis (US$), 2016-2025
- Figure 20: Nigeria Mobile Wallet Payment – Retail Shopping Segment – Transaction Volume Trend Analysis (000’), 2016-2025
- Figure 21: Nigeria Payment Statistics – Retail In-Store Shopping Segment by Payment Instrument (US$ Million), 2018 Vs. 2025
- Figure 22: Nigeria Mobile Wallet Payment – Retail In-Store Shopping Segment – Transaction Value Trend Analysis (US$ Million), 2016-2025
- Figure 23: Nigeria Mobile Wallet Payment – Retail In-Store Shopping Segment – Average Transaction Value Trend Analysis (US$), 2016-2025
- Figure 24: Nigeria Mobile Wallet Payment – Retail In-Store Shopping Segment – Transaction Volume Trend Analysis (000’), 2016-2025
- Figure 25: Nigeria Mobile Payment – Retail Online Shopping Segment by Payment Instrument (US$ Million), 2018 Vs. 2025
- Figure 26: Nigeria Mobile Payment – Retail Online Shopping Segment – Transaction Value Trend Analysis (US$ Million), 2016-2025
- Figure 27: Nigeria Mobile Wallet Payment – Retail Online Shopping Segment – Transaction Value Trend Analysis (US$ Million), 2016-2025
- Figure 28: Nigeria Mobile Wallet Payment – Retail Online Shopping Segment – Average Transaction Value Trend Analysis (US$), 2016-2025
- Figure 29: Nigeria Mobile Wallet Payment – Retail Online Shopping Segment – Transaction Volume Trend Analysis (000’), 2016-2025
- Figure 30: Nigeria Payment Statistics – Retail Online Domestic Shopping Segment by Payment Instrument (US$ Million), 2018 Vs. 2025
- Figure 31: Nigeria Mobile Payment – Retail Online Domestic Shopping Segment – Transaction Value Trend Analysis (US$ Million), 2016-2025
- Figure 32: Nigeria Mobile Wallet Payment – Retail Online Domestic Shopping Segment – Transaction Value Trend Analysis (US$ Million), 2016-2025
- Figure 33: Nigeria Mobile Wallet Payment – Retail Online Domestic Shopping Segment – Average Transaction Value Trend Analysis (US$), 2016-2025
- Figure 34: Nigeria Mobile Wallet Payment – Retail Online Domestic Shopping Segment – Transaction Volume Trend Analysis (000’), 2016-2025
- Figure 35: Nigeria Payment Statistics – Retail Online International Shopping Segment by Payment Instrument (US$ Million), 2018 Vs. 2025
- Figure 36: Nigeria Mobile Payment – Retail Online International Shopping Segment – Transaction Value Trend Analysis (US$ Million), 2016-2025
- Figure 37: Nigeria Mobile Wallet Payment – Retail Online International Shopping Segment – Transaction Value Trend Analysis (US$ Million), 2016-2025
- Figure 38: Nigeria Mobile Wallet Payment – Retail Online International Shopping Segment – Average Transaction Value Trend Analysis (US$), 2016-2025
- Figure 39: Nigeria Mobile Wallet Payment – Retail Online International Shopping Segment – Transaction Volume Trend Analysis (000’), 2016-2025
- Figure 40: Nigeria Mobile Payment – Trend Analysis by Age Group in Transaction Value Terms
- Figure 41: Nigeria Mobile Payment – Trend Analysis by Age Group in Volume Terms
- Figure 42: Nigeria Mobile Payment – Trend Analysis by Income Group in Value Terms
- Figure 43: Nigeria Mobile Payment – Trend Analysis by Income Group in Volume Terms
- Figure 44: Nigeria Mobile Payment – Trend Analysis by Gender in Value Terms
- Figure 45: Nigeria Mobile Payment – Spend Analysis by Retail Categories in Value Terms