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. Mobile wallet is a technology where debit and credit card information can be stored in the smart phone. In the other words instead of keeping the physical cards, one can just pay the bill with the help of the smart phone where the credentials of bank details, card and internet banking information is stored. As the technology is growing and government of various countries are promoting digital economy, the mobile wallet market is expected to grow immensely. Increasing uses of smartphone and growing e-commerce industry are some of the major factor which is supporting the market of mobile wallet around the world whereas growing security proliferation and security are some of the major restraint to the market. Market Analysis and Insights: Global Mobile Wallet Market The global Mobile Wallet market size is projected to reach US$ 142700 million by 2027, from US$ 64000 million in 2020, at a CAGR of 12.0% during 2021-2027. With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Mobile Wallet market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Mobile Wallet market in terms of revenue. On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Mobile Wallet market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Mobile Wallet market. Global Mobile Wallet Scope and Market Size Mobile Wallet market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Mobile Wallet market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027. Segment by Type Open and Semi-Open Semi-Closed and Closed Segment by Application Banks Third Party Payment By Region North America U.S. Canada Europe Germany France U.K. Italy Russia Nordic Rest of Europe Asia-Pacific China Japan South Korea Southeast Asia India Australia Rest of Asia Latin America Mexico Brazil Rest of Latin America Middle East & Africa Turkey Saudi Arabia UAE Rest of MEA By Company MasterCard Apple Amazon Square Citibank Citrus Payment Dwolla Merchant Customer Exchange Visa Microsoft Sprint First Data Paytm Samsung Google Alipay Splio
1 Report Overview 1.1 Study Scope 1.2 Market Analysis by Type 1.2.1 Global Mobile Wallet Market Size Growth Rate by Type: 2016 VS 2021 VS 2027 1.2.2 Open and Semi-Open 1.2.3 Semi-Closed and Closed 1.3 Market by Application 1.3.1 Global Mobile Wallet Market Share by Application: 2016 VS 2021 VS 2027 1.3.2 Banks 1.3.3 Third Party Payment
