
Mobile Payment TechnologiesSize, Share, and Outlook, H2-2025 Report-By Type (SMS Payment, QR Code Payment, NFC Payment, Bluetooth Technology Payment, Others), By Application (Hospitality, Tourism Sector, Entertainment, Retail Sector, Health Care Sector, E
Description
Mobile Payment Technologies Market Outlook
The Mobile Payment Technologies Market size is expected to register a robust growth rate during the forecast period from 2025 to 2032. The Mobile Payment Technologies market is a thriving business that is poised to keep growing and presents potential growth opportunities for companies across the industry value chain.
The comprehensive market research report presents 12-year historic and forecast data on Mobile Payment Technologies segments across 22 countries from 2021 to 2032. Key segments in the report include By Type (SMS Payment, QR Code Payment, NFC Payment, Bluetooth Technology Payment, Others), By Application (Hospitality, Tourism Sector, Entertainment, Retail Sector, Health Care Sector, Education, Others), By Mobile Payment (Proximity Payment, Remote Payment), By Payment (P2P, P2B, B2P, B2B). Over 70 tables and charts showcase findings from our latest survey report on Mobile Payment Technologies markets.
Mobile Payment Technologies Market Insights, 2025
The rapid adoption of smartphones, combined with changing consumer preferences toward contactless transactions, is a key driver of the mobile payment technologies market. Platforms like Apple Pay, Google Pay, and Samsung Pay have redefined retail payment landscapes, especially in urban areas where speed and convenience are paramount. E-commerce growth, QR code-based payments, and fintech innovations such as digital wallets and super apps are reinforcing the ecosystem. Moreover, developing regions are bypassing traditional banking through mobile payments, fueled by initiatives such as M-Pesa in Kenya and India’s UPI platform. COVID-19 accelerated the shift toward cashless transactions, leading to infrastructure upgrades at point-of-sale (POS) terminals to support NFC and mobile wallet payments. Regulatory encouragement and the rising integration of loyalty programs, biometric security, and tokenization are further enhancing consumer trust and usability..
Five Trends that will define global Mobile Payment Technologies market in 2025 and Beyond
A closer look at the multi-million market for Mobile Payment Technologies identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading Mobile Payment Technologies companies are prioritizing their investments across categories, markets, and geographies. The report analyses the most important market trends shaping the new landscape to support better decisions for the long and short-term future. The impact of tariffs by the US administration also significantly impact the profitability of Mobile Payment Technologies vendors.
What are the biggest opportunities for growth in the Mobile Payment Technologies industry?
The Mobile Payment Technologies sector demonstrated remarkable resilience over the past year across developed and developing economies. Further, the market presents significant opportunities to leverage the existing momentum towards actions by 2032. On the other hand, recent macroeconomic developments including rising inflation and supply chain disruptions are putting pressure on companies. The chapter assists users to identify growth avenues and address business challenges to make informed commercial decisions with unique insights, data forecasts, and in-depth market analyses.
Mobile Payment Technologies Market Segment Insights
The Mobile Payment Technologies industry presents strong offers across categories. The analytical report offers forecasts of Mobile Payment Technologies industry performance across segments and countries. Key segments in the industry include- By Type (SMS Payment, QR Code Payment, NFC Payment, Bluetooth Technology Payment, Others), By Application (Hospitality, Tourism Sector, Entertainment, Retail Sector, Health Care Sector, Education, Others), By Mobile Payment (Proximity Payment, Remote Payment), By Payment (P2P, P2B, B2P, B2B). The largest types, applications, and sales channels, fastest growing segments, and the key factors driving each of the categories are included in the report.
Forecasts of each segment across five regions are provided from 2021 through 2032 for Asia Pacific, North America, Europe, South America, Middle East, and African regions. In addition, Mobile Payment Technologies market size outlook is provided for 22 countries across these regions.
Market Value Chain
The chapter identifies potential companies and their operations across the global Mobile Payment Technologies industry ecosystem. It assists decision-makers in evaluating global Mobile Payment Technologies market fundamentals, market dynamics, and disruptive trends across the value chain segments.
Scenario Analysis and Forecasts
Strategic decision-making in the Mobile Payment Technologies industry is multi-faceted with the increased need for planning across scenarios. The report provides forecasts across three case scenarios- low growth, reference case, and high growth cases.
Asia Pacific Mobile Payment Technologies Market Analysis- A Promising Growth Arena for Business Expansion
As companies increasingly expand across promising Asia Pacific markets with over 4.5 billion population, the medium-to-long-term future remains robust. The presence of the fastest-growing economies such as China, India, Thailand, Indonesia, and Vietnam coupled with strengthening middle-class populations and rising disposable incomes drive the market. In particular, China and India are witnessing rapid shifts in consumer purchasing behavior. China is recovering steadily with optimistic forecasts for 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.
The State of Europe Mobile Payment Technologies Industry 2025- Focus on Accelerating Competitiveness
As companies opt for an integrated agenda for competitiveness, the year 2025 presents optimistic scenarios for companies across the ecosystem. With signs of economic recovery across markets, companies are increasing their investments. Europe is one of the largest markets for Mobile Payment Technologies with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. Increasing omnichannel shopping amidst robust consumer demand for value purchases shapes the market outlook. The report analyses the key Mobile Payment Technologies market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.
The US Mobile Payment Technologies market Insights- Vendors are exploring new opportunities within the US Mobile Payment Technologies industry.
Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US Mobile Payment Technologies companies. Market players consistently focusing on innovation and pursuing new ways to create value are set to excel in 2025. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American Mobile Payment Technologies market.
Latin American Mobile Payment Technologies market outlook rebounds in line with economic growth.
Underlying demand remains higher among urban consumers with an optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries. Increased consumer spending has been reported in Q1 -2025 and the prospects remain strong for rest of 2025. Aggressive ecosystem moves to create new sources of income are widely observed across markets in the region. Marketing activities focused on customer insights, operations, and support functions are quickly gaining business growth in the region.
Middle East and Africa Mobile Payment Technologies Markets- New Opportunities for Companies Harnessing Diversity
Rapid growth in burgeoning urban locations coupled with a young and fast-growing population base is attracting new investments in the Middle East and African Mobile Payment Technologies markets. Designing expansion and marketing strategies to cater to the local consumer base supports the market prospects. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies. On the other hand, Middle Eastern Mobile Payment Technologies markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.
Competitive Landscape- How Mobile Payment Technologies companies outcompete in 2025?
The ability to respond quickly to evolving consumer preferences and adapt businesses to niche consumer segments remains a key growth factor. The report identifies the leading companies in the industry and provides their revenue for 2024. The market shares of each company are also included in the report. Further, business profiles, SWOT analysis, and financial analysis of each company are provided in detail. Key companies analyzed in the report include American Express, Apple, Boku Inc, Fortumo, Google, MasterCard Inc, Microsoft Corp, MTN Group Ltd, Safaricom Ltd, Visa.
Mobile Payment Technologies Market Segmentation
By Type
SMS Payment
QR Code Payment
NFC Payment
Bluetooth Technology Payment
Others
By Application
Hospitality
Tourism Sector
Entertainment
Retail Sector
Health Care Sector
Education
Others
By Mobile Payment
Proximity Payment
Remote Payment
By Payment
P2P
P2B
B2P
B2B
Leading Companies
American Express
Apple
Boku Inc
Fortumo
Google
MasterCard Inc
Microsoft Corp
MTN Group Ltd
Safaricom Ltd
Visa
Reasons to Buy the report Make informed decisions through long and short-term forecasts across 22 countries and segments. Evaluate market fundamentals, dynamics, and disrupting trends set to shape 2025 and beyond. Gain a clear understanding of the competitive landscape, with product portfolio and growth strategies. Get an integrated understanding of the entire market ecosystem and companies. Stay ahead of the competition through plans for growth in a changing environment for your geographic expansion. Assess the impact of advanced technologies and identify growth opportunities based on actionable data and insights. Get free Excel spreadsheet and PPT versions along with the report PDF.
The Mobile Payment Technologies Market size is expected to register a robust growth rate during the forecast period from 2025 to 2032. The Mobile Payment Technologies market is a thriving business that is poised to keep growing and presents potential growth opportunities for companies across the industry value chain.
The comprehensive market research report presents 12-year historic and forecast data on Mobile Payment Technologies segments across 22 countries from 2021 to 2032. Key segments in the report include By Type (SMS Payment, QR Code Payment, NFC Payment, Bluetooth Technology Payment, Others), By Application (Hospitality, Tourism Sector, Entertainment, Retail Sector, Health Care Sector, Education, Others), By Mobile Payment (Proximity Payment, Remote Payment), By Payment (P2P, P2B, B2P, B2B). Over 70 tables and charts showcase findings from our latest survey report on Mobile Payment Technologies markets.
Mobile Payment Technologies Market Insights, 2025
The rapid adoption of smartphones, combined with changing consumer preferences toward contactless transactions, is a key driver of the mobile payment technologies market. Platforms like Apple Pay, Google Pay, and Samsung Pay have redefined retail payment landscapes, especially in urban areas where speed and convenience are paramount. E-commerce growth, QR code-based payments, and fintech innovations such as digital wallets and super apps are reinforcing the ecosystem. Moreover, developing regions are bypassing traditional banking through mobile payments, fueled by initiatives such as M-Pesa in Kenya and India’s UPI platform. COVID-19 accelerated the shift toward cashless transactions, leading to infrastructure upgrades at point-of-sale (POS) terminals to support NFC and mobile wallet payments. Regulatory encouragement and the rising integration of loyalty programs, biometric security, and tokenization are further enhancing consumer trust and usability..
Five Trends that will define global Mobile Payment Technologies market in 2025 and Beyond
A closer look at the multi-million market for Mobile Payment Technologies identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading Mobile Payment Technologies companies are prioritizing their investments across categories, markets, and geographies. The report analyses the most important market trends shaping the new landscape to support better decisions for the long and short-term future. The impact of tariffs by the US administration also significantly impact the profitability of Mobile Payment Technologies vendors.
What are the biggest opportunities for growth in the Mobile Payment Technologies industry?
The Mobile Payment Technologies sector demonstrated remarkable resilience over the past year across developed and developing economies. Further, the market presents significant opportunities to leverage the existing momentum towards actions by 2032. On the other hand, recent macroeconomic developments including rising inflation and supply chain disruptions are putting pressure on companies. The chapter assists users to identify growth avenues and address business challenges to make informed commercial decisions with unique insights, data forecasts, and in-depth market analyses.
Mobile Payment Technologies Market Segment Insights
The Mobile Payment Technologies industry presents strong offers across categories. The analytical report offers forecasts of Mobile Payment Technologies industry performance across segments and countries. Key segments in the industry include- By Type (SMS Payment, QR Code Payment, NFC Payment, Bluetooth Technology Payment, Others), By Application (Hospitality, Tourism Sector, Entertainment, Retail Sector, Health Care Sector, Education, Others), By Mobile Payment (Proximity Payment, Remote Payment), By Payment (P2P, P2B, B2P, B2B). The largest types, applications, and sales channels, fastest growing segments, and the key factors driving each of the categories are included in the report.
Forecasts of each segment across five regions are provided from 2021 through 2032 for Asia Pacific, North America, Europe, South America, Middle East, and African regions. In addition, Mobile Payment Technologies market size outlook is provided for 22 countries across these regions.
Market Value Chain
The chapter identifies potential companies and their operations across the global Mobile Payment Technologies industry ecosystem. It assists decision-makers in evaluating global Mobile Payment Technologies market fundamentals, market dynamics, and disruptive trends across the value chain segments.
Scenario Analysis and Forecasts
Strategic decision-making in the Mobile Payment Technologies industry is multi-faceted with the increased need for planning across scenarios. The report provides forecasts across three case scenarios- low growth, reference case, and high growth cases.
Asia Pacific Mobile Payment Technologies Market Analysis- A Promising Growth Arena for Business Expansion
As companies increasingly expand across promising Asia Pacific markets with over 4.5 billion population, the medium-to-long-term future remains robust. The presence of the fastest-growing economies such as China, India, Thailand, Indonesia, and Vietnam coupled with strengthening middle-class populations and rising disposable incomes drive the market. In particular, China and India are witnessing rapid shifts in consumer purchasing behavior. China is recovering steadily with optimistic forecasts for 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.
The State of Europe Mobile Payment Technologies Industry 2025- Focus on Accelerating Competitiveness
As companies opt for an integrated agenda for competitiveness, the year 2025 presents optimistic scenarios for companies across the ecosystem. With signs of economic recovery across markets, companies are increasing their investments. Europe is one of the largest markets for Mobile Payment Technologies with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. Increasing omnichannel shopping amidst robust consumer demand for value purchases shapes the market outlook. The report analyses the key Mobile Payment Technologies market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.
The US Mobile Payment Technologies market Insights- Vendors are exploring new opportunities within the US Mobile Payment Technologies industry.
Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US Mobile Payment Technologies companies. Market players consistently focusing on innovation and pursuing new ways to create value are set to excel in 2025. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American Mobile Payment Technologies market.
Latin American Mobile Payment Technologies market outlook rebounds in line with economic growth.
Underlying demand remains higher among urban consumers with an optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries. Increased consumer spending has been reported in Q1 -2025 and the prospects remain strong for rest of 2025. Aggressive ecosystem moves to create new sources of income are widely observed across markets in the region. Marketing activities focused on customer insights, operations, and support functions are quickly gaining business growth in the region.
Middle East and Africa Mobile Payment Technologies Markets- New Opportunities for Companies Harnessing Diversity
Rapid growth in burgeoning urban locations coupled with a young and fast-growing population base is attracting new investments in the Middle East and African Mobile Payment Technologies markets. Designing expansion and marketing strategies to cater to the local consumer base supports the market prospects. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies. On the other hand, Middle Eastern Mobile Payment Technologies markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.
Competitive Landscape- How Mobile Payment Technologies companies outcompete in 2025?
The ability to respond quickly to evolving consumer preferences and adapt businesses to niche consumer segments remains a key growth factor. The report identifies the leading companies in the industry and provides their revenue for 2024. The market shares of each company are also included in the report. Further, business profiles, SWOT analysis, and financial analysis of each company are provided in detail. Key companies analyzed in the report include American Express, Apple, Boku Inc, Fortumo, Google, MasterCard Inc, Microsoft Corp, MTN Group Ltd, Safaricom Ltd, Visa.
Mobile Payment Technologies Market Segmentation
By Type
SMS Payment
QR Code Payment
NFC Payment
Bluetooth Technology Payment
Others
By Application
Hospitality
Tourism Sector
Entertainment
Retail Sector
Health Care Sector
Education
Others
By Mobile Payment
Proximity Payment
Remote Payment
By Payment
P2P
P2B
B2P
B2B
Leading Companies
American Express
Apple
Boku Inc
Fortumo
MasterCard Inc
Microsoft Corp
MTN Group Ltd
Safaricom Ltd
Visa
Reasons to Buy the report
Table of Contents
167 Pages
- 1. Table of Contents
- List of Figures and Tables
- 2. Executive Summary
- 2.1 Key Highlights
- 2.1.1 Mobile Payment Technologies Market Size Outlook, 2018-2024 and 2025-2032
- 2.1.2 Largest Mobile Payment Technologies Market Types and Applications
- 2.1.3 Fastest Growing Segments
- 2.1.4 Potential Markets
- 2.1.5 Market Concentration
- 2.2 Market Scope and Segmentation
- 2.2.1 Market Scope- Segments
- 2.2.2 Market Scope- Countries
- 2.2.3 Macroeconomic and Demographic Outlook
- 2.2.4 Abbreviations
- 2.2.5 Units and Currency Conversions
- 3. Research Methodology
- 3.1 Primary Research Surveys
- 3.2 Secondary Data Sources
- 3.3 Data Triangulation
- 3.4 Forecast Methodology
- 3.5 Assumptions and Limitations
- 4. Introduction to Global Mobile Payment Technologies Market in 2025
- 4.1 Industry Panorama
- 4.2 Leading Companies Profiled in the Study
- 4.3 Asia Pacific Markets offer Robust Market Prospects for New Entrants
- 4.4 Market Dynamics
- 4.4.1 Market Dynamics- Trends and Drivers
- 4.4.2 Market Dynamics- Opportunities and Challenges
- 4.5 Regional Analysis
- 4.6 Porter’s Five Force Analysis
- 4.6.1 Intensity of Competitive Rivalry
- 4.6.2 Threat of New Entrants
- 4.6.3 Threat of Substitutes
- 4.6.4 Bargaining Power of Buyers
- 4.6.5 Bargaining Power of Suppliers
- 4.7 Mobile Payment Technologies Industry Value Chain Analysis
- 4.7.1 Stage of Value Chain
- 4.7.2 Key Activities of Companies
- 4.7.3 Companies Included in Each Stage
- 4.7.4 Key Insights
- 5. Mobile Payment Technologies Market Outlook to 2032
- 5.1 Market Size Forecast by Type, 2021-2024 and 2025-2032
- 5.2 Market Size Forecast by Application, 2021-2024 and 2024-2032
- 5.3 Market Size Forecast by Geography, 2021-2024 and 2024-2032
- By Type
- SMS Payment
- QR Code Payment
- NFC Payment
- Bluetooth Technology Payment
- Others
- By Application
- Hospitality
- Tourism Sector
- Entertainment
- Retail Sector
- Health Care Sector
- Education
- Others
- By Mobile Payment
- Proximity Payment
- Remote Payment
- By Payment
- P2P
- P2B
- B2P
- B2B
- 6. Global Mobile Payment Technologies Market Outlook across Growth Scenarios
- 6.1 Low Growth Scenario
- 6.2 Base/Reference Case
- 6.3 High Growth Scenario
- 6. North America Mobile Payment Technologies Market Size Outlook
- 6.1 Key Market Statistics, 2024
- 6.2 North America Mobile Payment Technologies Market Trends and Growth Opportunities
- 6.2.1 North America Mobile Payment Technologies Market Outlook by Type
- 6.2.2 North America Mobile Payment Technologies Market Outlook by Application
- 6.3 North America Mobile Payment Technologies Market Outlook by Country
- 6.3.1 The US Mobile Payment Technologies Market Outlook, 2021- 2032
- 6.3.2 Canada Mobile Payment Technologies Market Outlook, 2021- 2032
- 6.3.3 Mexico Mobile Payment Technologies Market Outlook, 2021- 2032
- 7. Europe Mobile Payment Technologies Market Size Outlook
- 7.1 Key Market Statistics, 2024
- 7.2 Europe Mobile Payment Technologies Market Trends and Growth Opportunities
- 7.2.1 Europe Mobile Payment Technologies Market Outlook by Type
- 7.2.2 Europe Mobile Payment Technologies Market Outlook by Application
- 7.3 Europe Mobile Payment Technologies Market Outlook by Country
- 7.3.2 Germany Mobile Payment Technologies Market Outlook, 2021- 2032
- 7.3.3 France Mobile Payment Technologies Market Outlook, 2021- 2032
- 7.3.4 The UK Mobile Payment Technologies Market Outlook, 2021- 2032
- 7.3.5 Spain Mobile Payment Technologies Market Outlook, 2021- 2032
- 7.3.6 Italy Mobile Payment Technologies Market Outlook, 2021- 2032
- 7.3.7 Russia Mobile Payment Technologies Market Outlook, 2021- 2032
- 7.3.8 Rest of Europe Mobile Payment Technologies Market Outlook, 2021- 2032
- 8. Asia Pacific Mobile Payment Technologies Market Size Outlook
- 8.1 Key Market Statistics, 2024
- 8.2 Asia Pacific Mobile Payment Technologies Market Trends and Growth Opportunities
- 8.2.1 Asia Pacific Mobile Payment Technologies Market Outlook by Type
- 8.2.2 Asia Pacific Mobile Payment Technologies Market Outlook by Application
- 8.3 Asia Pacific Mobile Payment Technologies Market Outlook by Country
- 8.3.1 China Mobile Payment Technologies Market Outlook, 2021- 2032
- 8.3.2 India Mobile Payment Technologies Market Outlook, 2021- 2032
- 8.3.3 Japan Mobile Payment Technologies Market Outlook, 2021- 2032
- 8.3.4 South Korea Mobile Payment Technologies Market Outlook, 2021- 2032
- 8.3.5 Australia Mobile Payment Technologies Market Outlook, 2021- 2032
- 8.3.6 South East Asia Mobile Payment Technologies Market Outlook, 2021- 2032
- 8.3.7 Rest of Asia Pacific Mobile Payment Technologies Market Outlook, 2021- 2032
- 9. South America Mobile Payment Technologies Market Size Outlook
- 9.1 Key Market Statistics, 2024
- 9.2 South America Mobile Payment Technologies Market Trends and Growth Opportunities
- 9.2.1 South America Mobile Payment Technologies Market Outlook by Type
- 9.2.2 South America Mobile Payment Technologies Market Outlook by Application
- 9.3 South America Mobile Payment Technologies Market Outlook by Country
- 9.3.1 Brazil Mobile Payment Technologies Market Outlook, 2021- 2032
- 9.3.2 Argentina Mobile Payment Technologies Market Outlook, 2021- 2032
- 9.3.3 Rest of South and Central America Mobile Payment Technologies Market Outlook, 2021- 2032
- 10. Middle East and Africa Mobile Payment Technologies Market Size Outlook
- 10.1 Key Market Statistics, 2024
- 10.2 Middle East and Africa Mobile Payment Technologies Market Trends and Growth Opportunities
- 10.2.1 Middle East and Africa Mobile Payment Technologies Market Outlook by Type
- 10.2.2 Middle East and Africa Mobile Payment Technologies Market Outlook by Application
- 10.3 Middle East and Africa Mobile Payment Technologies Market Outlook by Country
- 10.3.1 Saudi Arabia Mobile Payment Technologies Market Outlook, 2021- 2032
- 10.3.2 The UAE Mobile Payment Technologies Market Outlook, 2021- 2032
- 10.3.3 Rest of Middle East Mobile Payment Technologies Market Outlook, 2021- 2032
- 10.3.4 South Africa Mobile Payment Technologies Market Outlook, 2021- 2032
- 10.3.5 Egypt Mobile Payment Technologies Market Outlook, 2021- 2032
- 10.3.6 Rest of Africa Mobile Payment Technologies Market Outlook, 2021- 2032
- 11. Company Profiles
- 11.1 Leading 10 Companies
- American Express
- Apple
- Boku Inc
- Fortumo
- MasterCard Inc
- Microsoft Corp
- MTN Group Ltd
- Safaricom Ltd
- Visa
- 11.2 Overview
- 11.3 Products and Services
- 11.4 SWOT Profile
- 12. Appendix
- 12.1 Subscription Options
- 12.2 Customization Options
- 12.3 Publisher Details
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