The latest report on the market Mobile commerce payments offers a detailed assessment of the business vertical in question, along with a brief overview of the industry segments. An extremely viable estimate of the current industry scenario was delivered in the study, and the size of the Mobile Commerce Payments market with respect to revenue and volume was also mentioned in the study. Overall, the research report is a compilation of key data regarding the competitive landscape of these multiple regions where the company has successfully recognized its position.
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The mobile commerce payments market value was US$7,345.21 billion in 2020 and is forecast to reach US$33,153.12 billion by 2030 with an increasing CAGR of 16.3% over the year. forecast period of 2021-2030.
Some of the key players in the global Mobile Commerce Payments market include: Apple, Mastercard, Square, Visa, Alphabet, Samsung, ACI Worldwide, DH Corporation, FIS, PayPal, Fiserv
Recent news and updates
JANUARY 23, 2014 Judo Payments launches judoHub to support mobile commerce: judo, the UK’s leading provider of simple and secure payment solutions for mobile devices, has launched judoHub, a repository of educational content and streams to help businesses and application developers to understand and learn about mobile devices. trade and payments.
Jul 24, 2014 SIA and Swish launch mobile commerce push: Italian financial infrastructure company SIA has signed an agreement with mobile commerce provider Swish Payments to support mobile payments in Africa and Europe. The two firms claim that the agreement will help bring more efficient forms of payment to both regions.
Market Overview
Mobile commerce (m-commerce) is the sale and electronic commerce executed by mobile or smartphone. It involves the buying and selling of goods and services through mobile devices and allows consumers to pay conveniently. Mobile dominance and reliance is increasing significantly, and mobile commerce payment applications are being developed to make payments anywhere, anytime, further redefining the consumer shopping experience.
On the basis of payment mode, the global mobile commerce payment market has been segmented into peer-to-peer transfer payments, near-field communication mobile commerce payments, and barcode mobile commerce payments. In 2017, the peer-to-peer transfer payment segment accounted for $2.68 billion or 45.1% of total demand, and by 2022, the numbers are projected to reach $4.97 billion or 46.2%, respectively . Demand for P2P transfer payments is anticipated to expand at a CAGR of 40.0%, and this absolute growth is higher than any other segment.
Mobile Commerce Payments Market Segmentation:
Fragmented mobile commerce payment market by type
Near a communication field
Peer-to-peer transfer
Barcode
Fragmented mobile commerce payment market by type
Retail sale
IT and Telecommunications
Media and Entertainment
BFSI
Health care
Tourism and Hospitality
Others
Analysis at regional and national level
The Mobile Commerce Payments Market report deals with a complete geographical analysis of the global Mobile Commerce Payments Market, covering important regions, namely, North America, Europe, China, and Japan. This report also covers key countries (regions), namely USA, Canada, Germany, France, UK, Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia , Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, United Arab Emirates, etc.
Strategic Points Covered in TOC:
The report focuses on global major players in the industry with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Analyzes of raw materials, equipment and downstream consumers are also carried out. Furthermore, the Mobile Commerce Payments industry development trends and marketing channels are analyzed. To conclude, the feasibility of new investment projects is evaluated and general research assumptions are offered.
The Mobile Commerce Payments market research includes a methodical overview of the various factors such as market growth, and detailed information on the revenue, technological developments, production, and other strategic developments of different companies. Regional gaps of important components are analyzed, including capacity, cost, price, technology, supplies, profits, and competition.
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Mobile commerce payments market analysis and strategies are carried out as follows:
- The report explains the essence of the proven and innovative strategies undertaken by the potential stakeholders regarding the commercialization of the product.
- The chosen sales channels (including direct and indirect marketing) by the companies are briefly listed in the Mobile Commerce Payments market report.
- The suppliers of these products and the essence of the best customers for them are also included in the study.
- The report includes the fundamental driving forces influencing the Mobile Commerce Payments market marketing landscape and their impact on the revenue scale in this business sphere.
- Increasing product demand from key geographies as well as fundamental applications and potential business fields are also covered in the Mobile Commerce Payments market report.
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