GLOBAL MOBILE PAYMENT MARKET FORECAST 2018-2026 (2024)

RESEARCH SCOPE
- STUDY GOALS
- SCOPE OF THE MARKET STUDY
- WHO WILL FIND THIS REPORT USEFUL?
- STUDY AND FORECASTING YEARS
RESEARCH METHODOLOGY
- SOURCES OF DATA
  - SECONDARY DATA
  - PRIMARY DATA
- TOP DOWN APPROACH
- BOTTOM-UP APPROACH
- DATA TRIANGULATION
- ESTIMATION METHODOLOGY
EXECUTIVE SUMMARY
- MARKET SUMMARY
- KEY FINDINGS
  - NORTH AMERICA DOMINATES THE GLOBAL MOBILE PAYMENT MARKET
  - MOBILE PAYMENTS HAVE BECOME A MAINSTREAM PAYMENT METHOD IN AFRICAN COUNTRIES
  - MOBILE PERSON TO PERSON TRANSFER (P2P) HOLDS MAJOR CHUNK OF THE GLOBAL MOBILE PAYMENT MARKET BY TYPE OF PAYMENT

MARKET OVERVIEW
- MARKET DEFINITION
- MARKET CONSTITUENTS
  - BANKS AND TELECOM COMPANIES
- REGULATORY BODIES
  - FINANCIAL REGULATORS
  - TELECOM REGULATORS
  - DATA PROTECTION
- MOBILE PAYMENT PLATFORM PROVIDERS
  - APPLICATION DEVELOPERS
- DRIVERS
  - THE GLOBAL MOBILE PAYMENT MARKET IS DRIVEN BY ACQUISITIONS AND PARTNERSHIPS
  - MOBILE PAYMENT IS BEING PREFERRED OVER TRADITIONAL BANKING METHODS
  - TECHNOLOGICAL ADVANCEMENT BLOOMING THE MOBILE PAYMENT MARKET
  - SMALL MERCHANTS AND BUSINESSES ACCEPTING MOBILE PAYMENTS
  - EXTENSIVE USE OF MOBILE PAYMENT BY UNBANKED POPULATION
  - MOBILE PAYMENT MARKET DRIVEN BY GROWTH IN E-COMMERCE
- RESTRAINTS
  - SECURITY THREATS ARE THE MAJOR CONCERNS
  - SPYWARE AND MALWARE ATTACKS MAY SLOW DOWN THE MOBILE PAYMENT MARKET
  - INTEROPERABILITY IS A KEY CONCERN
- OPPORTUNITIES
  - INTRODUCTION OF MORE USER-FRIENDLY TECHNOLOGIES TO CREATE SCOPE FOR MOBILE PAYMENT MARKET
  - ENTRY OF BIG PLAYERS IN MOBILE PAYMENT MARKET TO CREATE HUGE SCOPE FOR GLOBAL PAYMENT MARKET
  - EMPHASIS ON USER-CONVENIENCE GIVING RISE TO ADOPTION OF MOBILE PAYMENT SYSTEMS
  - CASH TRANSACTION LIMIT
  - SMART CITIES EXPECTED TO BRING SIGNIFICANT BUSINESS FOR MOBILE PAYMENT MARKET
  - UNBANKED GEOGRAPHIES ARE THE OPPORTUNITY MARKETS
- CHALLENGES
  - UNWILLINGNESS TO SWITCH TO NEW TECHNOLOGY
  - HUGE CAPITAL REQUIREMENT
  - NEW ADDITIONS TO THE TECHNOLOGY AND UNCLEAR RULES CONFUSE THE MARKET PLAYERS AND CUSTOMERS
  - LACK OF CONFIDENCE AND LATE ARRIVAL SCENARIO MAY AFFECT THE GROWTH OF THE MARKET
  - ADDRESSING THE COMPLEXITIES IS A CONCERN
  - LACK OF TECHNOLOGICAL STANDARDS
  - MOBILE PAYMENTS NEED TO CREATE SPACE FOR LONG-TERM GROWTH

GLOBAL MOBILE PAYMENT MARKET BY TYPES OF PAYMENT 2018-2026 ($ BILLION)
- MOBILE PERSON TO PERSON TRANSFER (P2P)
- MOBILE COMMERCE
  - VARIOUS MOBILE COMMERCE SERVICES
- PREPAID MOBILE WALLET
- IN-APP BILLING
- CARRIER BILLING
- CLOSED LOOP PAYMENTS
GLOBAL MOBILE PAYMENT MARKET BY MEDIUM 2018-2026 ($ BILLION)
- SMS
- INTERNET
- CONTACTLESS
- USSD
KEY ANALYTICS
- PORTER’S 5 FORCE MODEL
  - BARGAINING POWER OF BUYERS
  - BARGAINING POWER OF SUPPLIERS
  - THREAT OF SUBSTITUTE PRODUCTS
  - THREAT OF NEW ENTRANTS
  - INTENSITY OF COMPETITIVE RIVALRY
- VENDOR LANDSCAPE
- OPPORTUNITY MATRIX
GLOBAL MOBILE PAYMENT MARKET BY GEOGRAPHY 2018-2026 ($ BILLION)
- NORTH AMERICA
  - UNITED STATES
  - CANADA
  - REST OF NORTH AMERICA
- EUROPE
  - UK
  - SWEDEN
  - FINLAND
  - NORWAY
  - GERMANY
  - REST OF EUROPE
- ASIA PACIFIC
  - CHINA
  - INDIA
  - VIETNAM
  - THE PHILIPPINES
  - AUSTRALIA
  - JAPAN
  - SOUTH KOREA
  - REST OF APAC
- REST OF THE WORLD
  - KENYA
  - TANZANIA
  - ZIMBABWE
  - RWANDA
  - NIGERIA

COMPETITIVE LANDSCAPE
- MARKET SHARE ANALYSIS
- STRATEGIC MOVES
- COMPANY PROFILES
  - APPLE INC.
  - ALIPAY
  - AIRTEL MONEY
  - BOKU
  - BANK OF AMERICA
  - BANCO BILBAO VIZCAYA ARGENTARIA WALLET
  - BEIJING QIANDAIBAO PAYMENT TECHNOLOGY LTD.
  - CHINA UNIONPAY
  - MERCHANT CUSTOMER EXCHANGE
  - M-PESA
  - DWOLLA CORP
  - G-XCHANGE
  - GOOGLE
  - IZETTLE
  - INTUIT PAY
  - MASTERCARD
  - SQUARE INC
  - TENPAY TECHNOLOGY LTD
  - THE WESTERN UNION COMPANY
  - WE PAY INC
  - YEEPAY
  - 99BILL CORPORATION
  - SOFTCARD
  - PAYTM
  - PAYPAL
  - PAYMENTWALL
  - OBOPAY INC

LIST OF TABLES

TABLE 1 GLOBAL MOBILE PAYMENT MARKET BY REGION 2018-2026 ($ BILLION)

TABLE 2 LAWS RELATED TO THE SOUTH KOREAN PAYMENT AND SETTLEMENT SYSTEM

TABLE 3 MOBILE PAYMENT RISKS AND CHALLENGES

TABLE 4 GLOBAL MOBILE PAYMENT MARKET BY TYPES OF PAYMENT 2018-2026 ($ BILLION)

TABLE 5 GLOBAL MOBILE PERSON TO PERSON TRANSFER (P2P) MARKET BY GEOGRAPHY 2018-2026 ($ BILLION)

TABLE 6 GLOBAL MOBILE COMMERCE MARKET BY GEOGRAPHY 2018-2026 ($ BILLION)

TABLE 7 GLOBAL PREPAID MOBILE WALLET MARKET BY GEOGRAPHY 2018-2026 ($ BILLION)

TABLE 8 MOBILE WALLET TECHNOLOGIES

TABLE 9 GLOBAL IN-APP BILLING MARKET BY GEOGRAPHY 2018-2026 ($ BILLION)

TABLE 10 GLOBAL CARRIER BILLING MARKET BY GEOGRAPHY 2018-2026 ($ BILLION)

TABLE 11 GLOBAL CLOSED LOOP PAYMENTS MARKET BY GEOGRAPHY 2018-2026 ($ BILLION)

TABLE 12 GLOBAL MOBILE PAYMENT MARKET BY MEDIUM 2018-2026 ($ BILLION)

TABLE 13 GLOBAL SMS MARKET BY GEOGRAPHY 2018-2026 ($ BILLION)

TABLE 14 GLOBAL INTERNET MARKET BY GEOGRAPHY 2018-2026 ($ BILLION)

TABLE 15 GLOBAL CONTACTLESS MARKET BY GEOGRAPHY 2018-2026 ($ BILLION)

TABLE 16 GLOBAL USSD MARKET BY GEOGRAPHY 2018-2026 ($ BILLION)

TABLE 17 GLOBAL MOBILE PAYMENT MARKET BY GEOGRAPHY 2018-2026 ($ BILLION)