Mobile Wallet Market (NFC, Remote Wallet) for Retail payments Vending machines Public transportation, Restaurants and other application and Forecast, 2016 – 2022

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According to the report, the global mobile wallet market was valued at approximately USD 594.00 billion in 2016 and is expected to reach approximately USD 3,142.17 billion by 2022, growing at a CAGR of around 32% between 2017 and 2022.Worldwide adoption of smartphones and technological advancements are influencing the growth of mobile wallet market. The mobile wallet is a type of payment service by which anyone can receive and send money via mobile devices. A mobile wallet is a form of e-commerce model that is made to be used with mobile devices and offers convenience and easy access. It provides service of the online transaction for every single operation in a routine. Mobile wallet offers various facilities such as debit, credit and online transaction from a bank account.

 

According to the report, the global mobile wallet market was valued at approximately USD 594.00 billion in 2016 and is expected to reach approximately USD 3,142.17 billion by 2022, growing at a CAGR of around 32% between 2017 and 2022.

The mobile wallet also is known as m-wallet is an innovative technological feature. It is an online interface that offers ease of carrying the money or cash like the physical wallet. This is the simple way to carry credit card or debit card information in a digital form on a mobile device. Instead of using a physical plastic card to make payment, payment can be easily done by smartphone, tablet, or smart watch.

A mobile wallet is very convenient, easy and safe way of payment. Increasing awareness of comfort, convenience, and adoption of the smartphone is a key driver of the mobile wallet market.Additionally, high growth in e-commerce is anticipated to fuel the growth of mobile wallet market during upcoming years. However, increasing hacking and fraud cases along with the lack of trust can impact the growth of the market. Although, these challenges are prevalent, many companies from telecom sector are collaborating with each other to provide better service to end user.Many businesses are now focusing on security to provide safe service to end-user and technological advancements are together boosting mobile wallet market growth. Currently, the mobile wallet is largely adopted by different businesses across the globe that will increase the revenue, reduce operation cost, augment safety from thefts and improve end-user satisfaction.

Global-Mobile-Wallet-Market

Mobile wallet market is segmented on the basis of product, application, and geography. Product segment is the ways to make the payment which include near field communications (NFC) and remote payment. Recently, remote payment is dominating the market as many payments is done out of the states or country. The high amount of payment and transaction can be done through remote payment. NFC payment is also in growing phase as there are several NFC compatible smartphones such as Google’s Nexus Series, Samsung’s Galaxy Series, and the iPhone are providing NFC payment option. Mobile wallet market has high growth potential due to considerable growth of e-commerce industry.

On the basis of the application, the market has been segmented retail payments, vending machines, public transportation, restaurants and others. Retail and restaurants segment are growing rapidly due to increasing demand of online clothes, cookery, and grocery and easily available cooked food items.  North America is a leading region for the mobile wallet market due to its enormous efforts to convert its economy into the digital economy. Europe is also growing with robust growth rate followed by Asia Pacific. In Asian countries, there is a high growth opportunity for mobile wallet payments due to high adoption of smartphones.

Key industry participants in the global mobile wallet market include American Express, Apple Inc., Amazon.com inc.,  Bank of America, Citibank, Citrus Payment Solutions, Dwolla, MasterCard, Visa, AT&T, Sprint, First Data, BlackBerry, Samsung, Google, Paytm, and others.

  • Chapter1. Preface
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  • Chapter2. Executive Summary
    • 2.1. Global mobile wallet market, 2016 – 2022, (USD Billion)
    • 2.2. Mobile wallet: Market snapshot
  • Chapter3. Mobile Wallet Market– Industry Analysis
    • 3.1. Mobile wallet: Market dynamics
    • 3.2. Value Chain Analysis
    • 3.3. Market Drivers
      • 3.3.1. Easy accessibility and excellent convenience
      • 3.3.2. High smart phones saturation levels
      • 3.3.3. Mounting convention of value-added services
      • 3.3.4. Efforts for improving security dilemma
    • 3.4. Restraints
      • 3.4.1. Consumer’s habits and concerns for security related to mobile wallet
      • 3.4.2. Battery issues 3.4.3. Investment and deployment issues
    • 3.5. Opportunity
      • 3.5.1. Advancement in new trends
    • 3.6. Porter’s Five Forces Analysis
    • 3.7. Market Attractiveness Analysis
      • 3.7.1. Market attractiveness analysis by product segment
      • 3.7.2. Market attractiveness analysis by application segment
      • 3.7.3. Market attractiveness analysis by regional segment
  • Chapter4. Global Mobile Wallet Market – Competitive Landscape
    • 4.1. Company market share analysis
  • Chapter5. Mobile Wallet Market – Product Analysis
    • 5.1. Global mobile wallet market revenue share, by product, 2014 & 2020
    • 5.2. Global NFC mobile wallet market, 2016 – 2022 (USD Billion)
    • 5.3. Global remote payment mobile wallet market, 2016 – 2022 (USD Billion)
  • Chapter6. Global Mobile Wallet Market: Application Overview
    • 6.1. Global mobile wallet market revenue share, by application, 2016 – 2022
    • 6.2. Retail payments
      • 6.2.1. Global mobile wallet market for retail payments, 2016 – 2022 (USD Billion)
    • 6.3. Vending machines
      • 6.3.1. Global mobile wallet market for vending machines, 2016 – 2022 (USD Billion)
    • 6.4. Public transportation
      • 6.4.1. Global mobile wallet market for public transportation, 2014 -2020 (USD Billion)
    • 6.6. Restaurants
      • 6.6.1. Global mobile wallet market for restaurants, 2016 – 2022 (USD Billion)
  • Chapter7. Mobile Wallet Market – Regional Analysis
    • 7.1. Global mobile wallet market: Regional overview
      • 7.1.1. Global mobile wallet market revenue share, by region, 2016 – 2022
    • 7.2. North America
      • 7.2.1. North America mobile wallet market revenue, by product, 2016 – 2022 (USD Billion)
      • 7.2.2. North America mobile wallet market revenue, by application, 2016 – 2022 (USD Billion)
    • 7.3. U.S.
      • 7.3.1. U.S. mobile wallet market revenue, by product, 2016 – 2022 (USD Billion)
      • 7.3.2. U.S. mobile wallet market revenue, by application, 2014 – 2020 (USD Billion)
    • 7.4. Europe
      • 7.4.1. Europe mobile wallet market revenue, by product, 2016 – 2022 (USD Billion)
      • 7.4.2. Europe mobile wallet market revenue, by application, 2016 – 2022 (USD Billion)
    • 7.5. Germany
      • 7.5.1. Germany mobile wallet market revenue, by product, 2016 – 2022 (USD Billion)
      • 7.5.2. Germany mobile wallet market revenue, by application, 2016 – 2022 (USD Billion)
    • 7.6. UK
      • 7.6.1. UK mobile wallet market revenue, by product, 2016 – 2022 (USD Billion)
      • 7.6.2. UK mobile wallet market revenue, by application, 2016 – 2022 (USD Billion)
    • 7.7. France
      • 7.7.1. France mobile wallet market revenue, by product, 2016 – 2022 (USD Billion)
      • 7.7.2. France mobile wallet market revenue, by application, 2016 – 2022 (USD Billion)
    • 7.8. Asia Pacific
      • 7.8.1. Asia-Pacific mobile wallet market revenue, by product, 2016 – 2022 (USD Billion)
      • 7.8.2. Asia-Pacific mobile wallet market revenue, by application, 2016 – 2022 (USD Billion)
    • 7.9. China
      • 7.9.1. China mobile wallet market revenue, by product, 2016 – 2022 (USD Billion)
      • 7.9.2. China mobile wallet market revenue, by application, 2016 – 2022 (USD Billion)
    • 7.10. Japan
      • 7.10.1. Japan mobile wallet market revenue, by product, 2016 – 2022 (USD Billion)
      • 7.10.2. Japan mobile wallet market revenue, by application, 2016 – 2022 (USD Billion)
    • 7.11. India
      • 7.11.1. India mobile wallet market revenue, by product, 2016 – 2022 (USD Billion)
      • 7.11.2. India mobile wallet market revenue, by application, 2016 – 2022 (USD Billion)
    • 7.12. Latin America
      • 7.12.1. Latin America mobile wallet market revenue, by product, 2016 – 2022 (USD Billion)
      • 7.12.2. Latin America mobile wallet market revenue, by application, 2016 – 2022 (USD Billion)
    • 7.13. Brazil
      • 7.13.1. Brazil mobile wallet market revenue, by product, 2016 – 2022 (USD Billion)
      • 7.13.2. Brazil mobile wallet market revenue, by application, 2016 – 2022 (USD Billion)
    • 7.14. Middle East & Africa
      • 7.14.1. Middle East & Africa mobile wallet market revenue, by product, 2016 – 2022 (USD Billion)
      • 7.14.2. Middle East & Africa mobile wallet market revenue, by application, 2016 – 2022 (USD Billion)
  • Chapter8. Company Profiles
    • 8.1. American Express
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Product portfolio
      • 8.1.4. Business strategy
      • 8.1.5. Recent developments
    • 8.2. Apple Inc.
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Product portfolio
      • 8.2.4. Business strategy
      • 8.2.5. Recent developments
    • 8.3. MasterCard
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Product portfolio
      • 8.3.4. Business strategy
      • 8.3.5. Recent developments
    • 8.4. Visa
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Product portfolio
      • 8.4.4. Business strategy
      • 8.4.5. Recent developments
    • 8.5. AT&T
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Product portfolio
      • 8.5.4. Business strategy
      • 8.5.5. Recent developments
    • 8.6. Sprint
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Product portfolio
      • 8.6.4. Business strategy
      • 8.6.5. Recent developments
    • 8.7. First Data
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Product portfolio
      • 8.7.4. Business strategy
      • 8.7.5. Recent developments
    • 8.8. BlackBerry
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Product portfolio
      • 8.8.4. Business strategy
      • 8.8.5. Recent developments
    • 8.9. Samsung
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Product portfolio
      • 8.9.4. Business strategy
      • 8.9.5. Recent developments
    • 8.10. Google
      • 8.10.1. Overview
      • 8.10.2. Financials
      • 8.10.3. Product portfolio
      • 8.10.4. Business strategy
      • 8.10.5. Recent development

List of Tables

1. Global mobile wallet market snapshot
2. Drivers for mobile wallet market: Impact analysis
3. Restraints of mobile wallet market: Impact analysis
4. North America mobile wallet market revenue, by product, 2016 – 2022 (USD Billion)
5. North America mobile wallet market revenue, by application, 2016 – 2022 (USD Billion)
6. U.S. mobile wallet market revenue, by product, 2016 – 2022 (USD Billion)
7. U.S. mobile wallet market revenue, by application, 2016 – 2022 (USD Billion)
8. Europe mobile wallet market revenue, by product, 2016 – 2022 (USD Billion)
9. Europe mobile wallet market revenue, by application, 2016 – 2022 (USD Billion)
10. Germany mobile wallet market revenue, by product, 2016 – 2022 (USD Billion)
11. Germany mobile wallet market revenue, by application, 2016 – 2022 (USD Billion)
12. UK mobile wallet market revenue, by product, 2016 – 2022 (USD Billion)
13. UK mobile wallet market revenue, by application, 2016 – 2022 (USD Billion)
14. France mobile wallet market revenue, by product, 2016 – 2022 (USD Billion)
15. France mobile wallet market revenue, by application, 2016 – 2022 (USD Billion)
16. Asia Pacific mobile wallet market revenue, by product, 2016 – 2022 (USD Billion)
17. Asia Pacific mobile wallet market revenue, by application, 2016 – 2022 (USD Billion)
18. China mobile wallet market revenue, by product, 2016 – 2022 (USD Billion)
19. China mobile wallet market revenue, by application, 2016 – 2022 (USD Billion)
20. Japan mobile wallet market revenue, by product, 2016 – 2022 (USD Billion)
21. Japan mobile wallet market revenue, by application, 2016 – 2022 (USD Billion)
22. India mobile wallet market revenue, by product, 2016 – 2022 (USD Billion)
23. India mobile wallet market revenue, by application, 2016 – 2022 (USD Billion)
24. Latin America mobile wallet market revenue, by product, 2016 – 2022 (USD Billion)
25. Latin America mobile wallet market revenue, by application, 2016 – 2022 (USD Billion)
26. Brazil mobile wallet market revenue, by product, 2016 – 2022 (USD Billion)
27. Brazil mobile wallet market revenue, by application, 2016 – 2022 (USD Billion)
28. Middle East & Africa mobile wallet market revenue, by product, 2016 – 2022 (USD Billion)
29. Middle East & Africa mobile wallet market revenue, by application, 2016 – 2022 (USD Billion)


List of Figures

1. Global mobile wallet market segmentation by application, product and geography
2. Global mobile wallet market, 2016 – 2022 (USD Billion)
4. Porter’s five forces analysis: Mobile wallet market
5. Global mobile wallet market attractiveness, by application, 2016
6. Global mobile wallet market revenue share, by product, 2016 – 2022
7. Global NFC mobile wallet market, 2016 – 2022 (USD Billion)
8. Global remote payment mobile wallet market, 2016 – 2022 (USD Billion)
9. Global mobile wallet market revenue share, by application, 2016-2022
10. Global mobile wallet market for application, 2016 – 2022 (USD Billion)
11. Global mobile wallet market for mode of payment, 2016 – 2022 (USD Billion)
12. Global mobile wallet market for stakeholders, 2014 – 2020 (USD Billion)
13. Global mobile wallet market revenue share, by region, 2016-2022
14. North America mobile wallet market, 2016 – 2022, (USD Billion)
15. U.S. mobile wallet market, 2016 – 2022, (USD Billion)
16. Europe mobile wallet market, 2016 – 2022, (USD Billion)
17. Germany mobile wallet market, 2016 – 2022, (USD Billion)
18. UK mobile wallet market, 2014 – 2020, (USD Billion)
19. France mobile wallet market, 2016 – 2022, (USD Billion)
20. Asia Pacific mobile wallet market, 2014 – 2020, (USD Billion)
21. China mobile wallet market, 2016 – 2022, (USD Billion)
22. Japan mobile wallet market, 2014 – 2020, (USD Billion)
23. India mobile wallet market, 2016 – 2022, (USD Billion)
24. Latin America mobile wallet market, 2014-2020, (USD Billion
25. Brazil mobile wallet market, 2016 – 2022, (USD Billion)
26. Middle East & Africa mobile wallet market, 2016 – 2022, (USD Billion)

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