Mobile Wallet And Payment Market Scope And Analysis

Report Code : TIPTE100000231
Category : Banking, Financial Services, and Insurance

Status : Published
No. of Pages : 212

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Mobile Wallet and Payment Market Drivers and Analysis 2031

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Mobile Wallet and Payment Market Report Scope

Report Attribute	Details
Market size in 2023	US$ 10.28 Billion
Market Size by 2031	US$ 71.28 Billion
Global CAGR (2023 - 2031)	27.4%
Historical Data	2021-2022
Forecast period	2024-2031
Segments Covered	By Type Proximity Remote By Technology NFC QR-based Text-based Digital-only By End User Personal Business
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Apple Inc Alphabet Inc AT and T Inc Paypal Holdings Inc Samsung Electronics Co Ltd Mastercard Inc Thales SA American Express Visa Inc ACI Worldwide Inc

Mobile Wallet and Payment Market News and Recent Developments

The global mobile wallet and payment market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes critical corporate publications, association data, and databases. A few of the developments in the global mobile wallet and payment market are listed below:

Apple Inc announced changes to iOS, Safari, and the App Store impacting developers’ apps in the European Union (EU) to comply with the Digital Markets Act (DMA). The changes include more than 600 new APIs, expanded app analytics, functionality for alternative browser engines, and options for processing app payments and distributing iOS apps. (Source: Apple Inc, Press Release, January 2024)

Mastercard Inc launched a new mobile virtual card app that enables virtual commercial cards to be seamlessly added to digital wallets. The innovative app is designed to offer financial institutions more choices in how they deliver the secure and sustainable contactless payment solutions that companies increasingly expect. (Source: Mastercard Inc, Press Release, April 2024)

Mobile Wallet and Payment Market Report Coverage and Deliverables

The "Mobile Wallet and Payment Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:

Mobile wallet and payment market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
Mobile wallet and payment market trends as well as market dynamics such as drivers, restraints, and key opportunities
Detailed PEST/Porter's Five Forces and SWOT analysis
Mobile wallet and payment market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the mobile wallet and payment market
Detailed company profiles