Key findings
The global Mobile wallet and payment technologies market is expected to grow at the CAGR of 38.1% during 2015-2022.
The significant growth in internet penetration across the globe and the rising number of smart phones are the major driving factors for the mobile payment industry. Also many technological developments like NFC technologies for contactless payment, new chip card technologies and many others are driving the market. The instantaneous transactions and growth of mobile payments are also driving the need to set up a real-time payment platform. Many other factors driving the market are value added benefits provided to the customers also the convenience and accessibility provided by the technologies is attracting the masses.
Some of the factors acting as the restraint for the market are consumer’s habits and concerns pertaining to mobile wallet, Issues related to deployment and investment are also hindering the growth of the market, Concerns related to consumer and data privacy is also one of the major issues to be handled by the market players.
Market segment insight
Mobile wallet and payment technologies market is segmented on the basis of application, mode of payment and stake holders. On the basis of application it is mainly used in mobile commerce market, mobile ticketing market, mobile coupons, mobile transfers and micropayments. On the basis of mode of payment it is further segmented as Airline Tickets and Boarding Passes, NFC Payment and NFC Product. On the basis of stake holders it is sub segmented as Mobile Network Operators, Handset and other Hardware Solution Manufacturers, OSS/BSS Solution Provider, Software Developers and Cloud Computing, Content and Applications Aggregators and other stake holders.
Regional insight
Geographically the market is segmented as North America, Europe, Asia Pacifica and rest of the word. Among all the segments Asia pacific is expected to grow with the fastest rate. It is expected to grow at a CAGR of almost 140.11%.
Figure: Mobile wallet market by geography 2012-2022 ($ billion)
Competitive insight
Some of the major players of the market include American Express, Apple Inc., Blackberry, Google, VISA etc.
Reasons for buying the report
1. Methodology & Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
2. Executive Summary
2.1. Global Mobile Wallet and Payment Technologies market – Industry summary & key buying criteria
2.2. Global Mobile Wallet and Payment Technologies market industry outlook
3. Market segmentation
3.1. Market size and growth prospects 2012-2022
3.2. Mobile Wallet and Payment Technologies market value chain analysis
3.3. Vendor Landscape
4. Global Mobile Wallet and Payment Technologies market dynamics
4.1. Market driver analysis
4.1.1. Greater Convenience and Accessibility
4.1.2. High Smartphone Penetration Levels
4.1.3. Increasing Usage of Value-Added Services and Other Benefits
4.2. Market restraint analysis
4.2.1. Consumers' Habits and Concerns Pertaining to Mobile Wallet
4.2.2. Problems related to Battery and Mobile Wallet Exhaustion
4.2.3. Investment and deployment issues
4.3. Key opportunities
4.3.1. Emerging economies
5. Industry analysis – Porter’s
5.1. Threat of new entrants
5.2. Barraging power of the buyers
5.3. Threat of substitute products
5.4. Bargaining power of the suppliers
6. Global Mobile Wallet and Payment Technologies market by application 2012-2022 ($ billion)
6.1. Global mobile wallet and payment technologies market by Mobile Commerce Market 2012-2022 ($ billion)
6.1.1. Global mobile wallet and payment technologies market by Shopping Market 2012-2022 ($ billion)
6.1.2. Global mobile wallet and payment technologies market by Wallet Bill Payments 2012-2022 ($ billion)
6.1.3. Global mobile wallet and payment technologies market by Hotel Booking and Payment 2012-2022 ($ billion)
6.1.4. Global mobile wallet and payment technologies market by Entertainment and Event Pay 2012-2022 ($ billion)
6.2. Global mobile wallet and payment technologies market by Mobile Ticketing 2012-2022 ($ billion)
6.2.1. Global mobile wallet and payment technologies market by Rail, Metro and Bus Tickets 2012-2022 ($ billion)
6.2.2. Global mobile wallet and payment technologies market by Airline Tickets and Boarding Passes 2012-2022 ($ billion)
6.3. Global mobile wallet and payments technology market by Mobile Coupons 2012-2022 ($ billion)
6.4. Global mobile wallet and payments technology market by Mobile Transfers 2012-2022 ($ billion)
6.5. Global mobile wallet and payments technology market by Micropayments 2012-2022 ($ billion)
7. Global Mobile Wallet and Payment Technologies market by mode of payment 2012-2022 ($ billion)
7.1. Global mobile wallet and technology market by Airline Tickets and Boarding Passes 2012-2022 ($ billion)
7.2. Global mobile wallet and technology market by NFC Payment 2012-2022 ($ billion)
7.3. Global mobile wallet and technology market by NFC Product 2012-2022 ($ billion)
7.3.1. Global mobile and wallet technology market by NFC Handsets 2012-2022 ($ billion)
7.3.2. Global mobile and wallet technology market by NFC Chips 2012-2022 ($ billion)
7.3.3. 2012-2022 ($ billion)
7.3.4. Global mobile and wallet technology market by NFC Readers 2012-2022 ($ billion)
7.3.5. Global mobile and wallet technology market by NFC Micro SD 2012-2022 ($ billion)
7.3.6. Global mobile and wallet technology market by NFC SIM/UICC Card 2012-2022 ($ billion)
8. Global Mobile Wallet and Payment Technologies market by stakeholders 2012-2022 ($ billion)
8.1. Global mobile wallet and technology market by Mobile Network Operators 2012-2022 ($ billion)
8.2. Global mobile wallet and technology market by Handset and other Hardware Solution Manufacturers 2012-2022 ($ billion)
8.3. Global mobile wallet and technology market by OSS/BSS Solution Provider 2012-2022 ($ billion)
8.4. Global mobile wallet and technologies market by Software Developers and Cloud Computing 2012-2022 ($ billion)
8.5. Global mobile wallet and technologies market by Content and Applications Aggregators 2012-2022 ($ billion)
8.6. Global mobile wallet and technologies market by Other Stakeholders (Value Service Providers, Retailers/Merchants) 2012-2022 ($ billion)
9. Global Mobile Wallet and Payment Technologies industry, regional outlook 2012-2022 ($ billion)
9.1. Global Mobile Wallet and Payment Technologies market volume share by region 2012-2022 ($ billion)
9.2. North America
9.2.1. North America Mobile Wallet and Payment Technologies market estimates and forecast by region 2012 – 2022 ($ billion)
9.2.2. North America Mobile Wallet and Payment Technologies market estimates and forecast by application 2012 – 2022 ($ billion)
9.2.2.1. U.S.
9.2.2.1.1. U.S. Mobile Wallet and Payment Technologies market estimates and forecast 2012-2022 ($ billion)
9.2.2.1.2. U.S. Mobile Wallet and Payment Technologies market estimates and forecast by application 2012-2022 ($ billion)
9.2.2.2. Canada
9.2.2.2.1. Canada Mobile Wallet and Payment Technologies market estimates and forecast 2012-2022 ($ billion)
9.2.2.2.2. Canada Mobile Wallet and Payment Technologies market estimates and forecast by application 2012-2022 ($ billion)
9.2.2.3. Mexico
9.2.2.3.1. Mexico Mobile Wallet and Payment Technologies market estimates and forecast 2012-2022 ($ billion)
9.2.2.3.2. Canada Mobile Wallet and Payment Technologies market estimates and forecast by application 2012-2022 ($ billion)
9.3. Europe
9.3.1. Europe Mobile Wallet and Payment Technologies market estimates and forecast 2012-2022 ($ billion)
9.3.2. Europe Mobile Wallet and Payment Technologies market estimates and forecast by region 2012-2022 ($ billion)
9.3.3. Europe Mobile Wallet and Payment Technologies market estimates and forecast by application 2012-2022 ($ billion)
9.3.3.1. Germany
9.3.3.1.1. Germany Mobile Wallet and Payment Technologies market estimates and forecast 2012-2022 ($ billion)
9.3.3.1.2. Germany Mobile Wallet and Payment Technologies market estimates and forecast by application 2012-2022 ($ billion)
9.3.3.2. UK
9.3.3.2.1. UK Mobile Wallet and Payment Technologies market estimates and forecast 2012-2022 ($ billion)
9.3.3.2.2. UK Mobile Wallet and Payment Technologies market estimates and forecast by application 2012-2022 ($ billion)
9.3.3.3. Russia
9.3.3.3.1. Russia Mobile Wallet and Payment Technologies market estimates and forecast 2012-2022 ($ billion)
9.3.3.3.2. Russia Mobile Wallet and Payment Technologies market estimates and forecast by application 2012-2022 ($ billion)
9.4. Asia Pacific
9.4.1. Asia Pacific Mobile Wallet and Payment Technologies market estimates and forecast 2012-2022 ($ billion)
9.4.2. Asia Pacific Mobile Wallet and Payment Technologies market estimates and forecast by region 2012-2022 ($ billion)
9.4.3. Asia Pacific Mobile Wallet and Payment Technologies market estimates and forecast by application 2012-2022 ($ billion)
9.4.3.1. China
9.4.3.1.1. China Mobile Wallet and Payment Technologies market estimates and forecast 2012-2022 ($ billion)
9.4.3.1.2. China Mobile Wallet and Payment Technologies market estimates and forecast by application 2012-2022 ($ billion)
9.4.3.2. India
9.4.3.2.1. India Mobile Wallet and Payment Technologies market estimates and forecast 2012-2022 ($ billion)
9.4.3.2.2. India Mobile Wallet and Payment Technologies market estimates and forecast by application 2012-2022 ($ billion)
9.4.3.3. South Korea
9.4.3.3.1. South Korea Mobile Wallet and Payment Technologies market estimates and forecast 2012-2022 ($ billion)
9.4.3.3.2. South Korea Mobile Wallet and Payment Technologies market estimates and forecast by application 2012-2022 ($ billion)
9.5. Middle East & Africa
9.5.1. Middle East & Africa Mobile Wallet and Payment Technologies market estimates and forecast 2012-2022 ($ billion)
9.5.2. Middle East & Africa Mobile Wallet and Payment Technologies market estimates and forecast by application 2012-2022 ($ billion)
9.6. Central & South America
9.6.1. Central & South America Mobile Wallet and Payment Technologies market estimates and forecast 2012-2022 ($ billion)
9.6.2. Central & South America Mobile Wallet and Payment Technologies market estimates and forecast by application 2012-2022 ($ billion)
9.6.2.1. Brazil
9.6.2.1.1. Brazil Mobile Wallet and Payment Technologies market estimates and forecast 2012-2022 ($ billion)
9.6.2.1.2. Brazil Mobile Wallet and Payment Technologies market estimates and forecast by application 2012-2022 ($ billion)
10. Competitive Landscape
10.1. American Express
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Product Benchmarking
10.1.4. Strategic Initiatives
10.2. Apple Inc.
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Product Benchmarking
10.2.4. Strategic Initiatives
10.3. AT&T INC.
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Product Benchmarking
10.3.4. Strategic Initiatives
10.4. Blackberry
10.4.1. Company Overview
10.4.2. Financial Performance
10.4.3. Product Benchmarking
10.4.4. Strategic Initiatives
10.5. First Data
10.5.1. Company Overview
10.5.2. Financial Performance
10.5.3. Product Benchmarking
10.5.4. Strategic Initiatives
10.6. Google
10.6.1. Company Overview
10.6.2. Financial Performance
10.6.3. Product Benchmarking
10.6.4. Strategic Initiatives
10.7. Sprint
10.7.1. Company Overview
10.7.2. Financial Performance
10.7.3. Product Benchmarking
10.7.4. Strategic Initiatives
10.8. Samsung
10.8.1. Company Overview
10.8.2. Financial Performance
10.8.3. Product Benchmarking
10.8.4. Strategic Initiatives
10.9. Master Card
10.9.1. Company Overview
10.9.2. Financial Performance
10.9.3. Product Benchmarking
10.9.4. Strategic Initiatives
10.10. VISA
10.10.1. Company Overview
10.10.2. Financial Performance
10.10.3. Product Benchmarking
10.10.4. Strategic Initiatives
10.11. Alipay Network Technology Co. Ltd.
10.11.1. Company Overview
10.11.2. Financial Performance
10.11.3. Product Benchmarking
10.11.4. Strategic Initiatives
10.12. Citrus Payment Solutions
10.12.1. Company Overview
10.12.2. Financial Performance
10.12.3. Product Benchmarking
10.12.4. Strategic Initiatives
10.13. Microsoft Corp. Inc.
10.13.1. Company Overview
10.13.2. Financial Performance
10.13.3. Product Benchmarking
10.13.4. Strategic Initiatives
10.14. Oxygen services
10.14.1. Company Overview
10.14.2. Financial Performance
10.14.3. Product Benchmarking
10.14.4. Strategic Initiatives
10.15. Paypal
10.15.1. Company Overview
10.15.2. Financial Performance
10.15.3. Product Benchmarking
10.15.4. Strategic Initiatives
1. Global Mobile Wallet and Payment Technologies market by application 2012-2022 ($ billion)
2. Global mobile wallet and payment technologies market by Mobile Commerce Market 2012-2022 ($ billion)
3. Global mobile wallet and payment technologies market by Shopping Market, 2012-2022 ($ billion
4. Global mobile wallet and payment technologies market by Wallet Bill Payments 2012-2022 ($ billion)
5. Global mobile wallet and payment technologies market by Hotel Booking and Payment 2012-2022 ($ billion)
6. Global mobile wallet and payment technologies market by Entertainment and Event Pay 2012-2022 ($ billion)
7. Global mobile wallet and payment technologies market by Mobile Ticketing 2012-2022 ($ billion)
8. Global mobile wallet and payment technologies market by Rail, Metro and Bus Tickets 2012-2022 ($ billion)
9. Global mobile wallet and payment technologies market by Airline Tickets and Boarding Passes 2012-2022 ($ billion)
10. Global mobile wallet and payments technology market by Mobile Coupons 2012-2022 ($ billion)
11. Global mobile wallet and payments technology market by Mobile Transfers Market 2012-2022 ($ billion)
12. Global mobile wallet and payments technology market by Micropayments 2012-2022 ($ billion)
13. Global Mobile Wallet and Payment Technologies market by mode of payment 2012-2022 ($ billion)
14. Global mobile wallet and technology market by Airline Tickets and Boarding Passes2012-2022 ($ billion)
15. Global mobile wallet and technology market by NFC Payment2012-2022 ($ billion)
16. Global mobile wallet and technology market by NFC Product Market2012-2022 ($ billion)
17. Global mobile and wallet technology market by NFC Handsets 2012-2022 ($ billion)
18. Global mobile and wallet technology market by NFC Chips 2012-2022 ($ billion)
19. Global mobile and wallet technology market by NFC Readers 2012-2022 ($ billion)
20. Global mobile and wallet technology market by NFC Micro SD 2012-2022 ($ billion)
21. Global mobile and wallet technology market by NFC SIM/UICC Card 2012-2022 ($ billion)
22. Global Mobile Wallet and Payment Technologies market by stakeholders 2012-2022 ($ billion)
23. Global mobile wallet and technology market by Mobile Network Operators 2012-2022 ($ billion)
24. Global mobile wallet and technology market by Handset and other Hardware Solution Manufacturers 2012-2022 ($ billion)
25. Global mobile wallet and technology market by OSS/BSS Solution Provider 2012-2022 ($ billion)
26. Global mobile wallet and technologies market by Software Developers and Cloud Computing 2012-2022 ($ billion)
27. Global mobile wallet and technologies market by Content and Applications Aggregators 2012-2022 ($ billion)
28. Global mobile wallet and technologies market by Other Stakeholders (Value Service Providers, Retailers/Merchants) 2012-2022 ($ billion)
29. North America Mobile Wallet and Payment Technologies market estimates and forecast 2012-2022 ($ billion)
30. North America Mobile Wallet and Payment Technologies market estimates and forecast by region 2012-2022 ($ billion)
31. North America Mobile Wallet and Payment Technologies market estimates and forecast by application 2012-2022 ($ billion)
32. U.S. Mobile Wallet and Payment Technologies market estimates and forecast 2012-2022 ($ billion)
33. U.S. Mobile Wallet and Payment Technologies market estimates and forecast by application 2012-2022 ($ billion)
34. Canada Mobile Wallet and Payment Technologies market estimates and forecast 2012-2022 ($ billion)
35. Canada Mobile Wallet and Payment Technologies market estimates and forecast by application, 2012 –2022 ($ billion
36. Mexico Mobile Wallet and Payment Technologies market estimates and forecast 2012-2022 ($ billion)
37. Canada Mobile Wallet and Payment Technologies market estimates and forecast by application 2012-2022 ($ billion)
38. Europe Mobile Wallet and Payment Technologies market estimates and forecast 2012-2022 ($ billion)
39. Europe Mobile Wallet and Payment Technologies market estimates and forecast by region 2012-2022 ($ billion)
40. Europe Mobile Wallet and Payment Technologies market estimates and forecast by application 2012-2022 ($ billion)
41. Germany Mobile Wallet and Payment Technologies market estimates and forecast 2012-2022 ($ billion)
42. Mobile Wallet and Payment Technologies market estimates and forecast by application, 2012 – 2022 ($ billion)
43. UK Mobile Wallet and Payment Technologies market estimates and forecast, 2012 – 2022 ($ billion)
44. UK Mobile Wallet and Payment Technologies market estimates and forecast by application 2012-2022 ($ billion)
45. Russia Mobile Wallet and Payment Technologies market estimates and forecast 2012-2022 ($ billion)
46. Russia Mobile Wallet and Payment Technologies market estimates and forecast by application 2012-2022 ($ billion)
47. Asia Pacific Mobile Wallet and Payment Technologies market estimates and forecast 2012-2022 ($ billion)
48. Asia Pacific Mobile Wallet and Payment Technologies market estimates and forecast by region 2012-2022 ($ billion)
49. Asia Pacific Mobile Wallet and Payment Technologies market estimates and forecast by application 2012-2022 ($ billion)
50. China Mobile Wallet and Payment Technologies market estimates and forecast 2012-2022 ($ billion)
51. China Mobile Wallet and Payment Technologies market estimates and forecast by application 2012-2022 ($ billion)
52. India Mobile Wallet and Payment Technologies market estimates and forecast 2012-2022 ($ billion)
53. India Mobile Wallet and Payment Technologies market estimates and forecast by application 2012-2022 ($ billion)
54. South Korea Mobile Wallet and Payment Technologies market estimates and forecast 2012-2022 ($ billion)
55. South Korea Mobile Wallet and Payment Technologies market estimates and forecast by application 2012-2022 ($ billion)
56. Middle East & Africa Mobile Wallet and Payment Technologies market estimates and forecast 2012-2022 ($ billion)
57. Middle East & Africa Mobile Wallet and Payment Technologies market estimates and forecast by application 2012-2022 ($ billion)
58. Central & South America Mobile Wallet and Payment Technologies market estimates and forecast 2012-2022 ($ billion)
59. Central & South America Mobile Wallet and Payment Technologies market estimates and forecast by application 2012-2022 ($ billion)
60. Brazil Mobile Wallet and Payment Technologies market estimates and forecast 2012-2022 ($ billion)
61. Brazil Mobile Wallet and Payment Technologies market estimates and forecast by application 2012-2022 ($ billion)
1. Global Mobile Wallet and Payment Technologies market industry market share, 2012 & 2022 ($ billion)
2. United Mobile Wallet and Payment Technologies market ingredients market estimates and forecast 2012-2022 ($ billion)
3. Canada Mobile Wallet and Payment Technologies market estimates and forecast 2012-2022 ($ billion)
4. Mexico Mobile Wallet and Payment Technologies market estimates and forecast 2012-2022 ($ billion)
5. UK Mobile Wallet and Payment Technologies market estimates and forecast 2012-2022 ($ billion)
6. France Mobile Wallet and Payment Technologies market estimates and forecast, 2012 – 2022 ($ billion)
7. Germany Mobile Wallet and Payment Technologies market estimates and forecast 2012-2022 ($ billion)
8. APAC Mobile Wallet and Payment Technologies market estimates and forecast 2012-2022 ($ billion)
9. China Mobile Wallet and Payment Technologies market estimates and forecast 2012-2022 ($ billion)
10. India Mobile Wallet and Payment Technologies market estimates and forecast 2012-2022 ($ billion)
11. Middle East & Africa Mobile Wallet and Payment Technologies market estimates and forecast 2012-2022 ($ billion)
12. Central & South America Mobile Wallet and Payment Technologies market estimates and forecast 2012-2022 ($ billion)
13. Brazil Mobile Wallet and Payment Technologies market estimates and forecast 2012-2022 ($ billion)