Global Mobile Payment Market Size study & Forecast, By Payment Type (B2B, B2C, B2G, others), By Industry (BFSI, Healthcare, IT & Telecom, Media & Entertainment, Retail & E-commerce, Transportation and Others) and Regional Analysis, 2022-2029

Description

List of Tables

Global Mobile Payment Market is valued at approximately USD 47 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 35.7% over the forecast period 2022-2029. Mobile payment transactions typically involve the use of mobile payment apps or digital wallets, which allow users to store their payment information securely on their mobile device and make payments quickly and easily. The growing use of the internet for online shopping is likely to drive market expansion throughout the forecast period. Businesses all over the world are making their payment methods mobile-friendly, which is fueling market growth. However, Concerns regarding security about mobile payment systems are projected to stymie market growth. The growing number of high-profile data breaches throughout the world is projected to impede the growth of the mobile payment market during the forecast period.

The increasing popularity of smartphones has driven the growth of the mobile payment market, as consumers have become more comfortable using their mobile devices for a variety of tasks, including making payments. As per The Telecom Regulatory Authority of India (TRAI) as of January 2021, India had over 1.2 billion active mobile connections, with over 750 million internet users. The country has seen a significant increase in the adoption of digital payments, driven in part by the government's push towards a cashless economy. Similarly, as per China Internet Network Information Center (CNNIC) China had over 1.4 billion mobile phone users in 2021, with over 900 million mobile payment users. The country has one of the highest rates of mobile payment adoption in the world, driven by the popularity of mobile payment apps like Alipay and WeChat Pay.

The key regions considered for the Global Mobile Payment Market study includes Asia Pacific, North America, Europe, Latin America, and the Rest of the World. With a revenue share of more than 34.0% in 2022, Asia Pacific dominated the market. Changing lifestyle, the latest online retailing trends, and expanding smartphone penetration are expected to fuel regional market growth. The expanding government initiatives to go cashless throughout Asia Pacific countries are likely to generate potential prospects for regional industry. The rapid adoption of mobile technology in emerging markets provides fintech players and banks with a new avenue for providing mobile banking solutions to underserved and unbanked people in rural places.

Major market players included in this report are:

Google (Alphabet Inc.)
Alibaba Group Holdings Limited
Amazon.com Inc.
Apple Inc.
American Express Company
M Pesa
Money Gram International
PayPal Holdings Inc.
Samsung Electronics Co. Ltd.
Visa Inc

Recent Developments in the Market:

In August 2021, Amazon Inc. partnered with Affirm Holdings to provide dedicated buy now, pay later (BNPL) services to some of the most renowned e-commerce consumers. During the pandemic, the companies saw a surge in demand for BPL services.
In August 2021, Boku Inc. has launched M1ST mobile payment network which is a significant development in the mobile payment industry. The integration of over 330 payment methods, including direct carrier billing, mobile wallets, and real-time payment schemes, allows consumers to choose the payment method that is most convenient and accessible for them.
In 2021, PayPal launched its "Pay in 4" service, which allows customers to split their purchase into four interest-free payments, with the first payment due at the time of purchase. This service is aimed at making purchases more affordable and accessible for customers.

Global Mobile Payment Market Report Scope:

Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Payment Type, Industry and Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Payment Type:

B2B
B2C
B2G
Others

By Industry:

BFSI
Healthcare
IT & Telecom
Media & Entertainment
Retail & E-commerce
Transportation
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Mobile Payment Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Mobile Payment Market, by Payment Type, 2019-2029 (USD Billion)
- 1.2.3. Mobile Payment Market, by Industry, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Mobile Payment Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Mobile Payment Market Dynamics

3.1. Mobile Payment Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing m-commerce business and increased smartphone adoption worldwide
  - 3.1.1.2. Growing internet penetration for online shopping
- 3.1.2. Market Challenges
  - 3.1.2.1. High security concerns associated with digital payment.
- 3.1.3. Market Opportunities
  - 3.1.3.1. Growing adoption of sound wave-based mobile payments solutions

Chapter 4. Global Mobile Payment Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Mobile Payment Market, by Payment Type

6.1. Market Snapshot
6.2. Global Mobile Payment Market by Payment Type, Performance - Potential Analysis
6.3. Global Mobile Payment Market Estimates & Forecasts by Payment Type 2019-2029 (USD Billion)
6.4. Mobile Payment Market, Sub Segment Analysis
- 6.4.1. B2B
- 6.4.2. B2C
- 6.4.3. B2G
- 6.4.4. Others

Chapter 7. Global Mobile Payment Market, by Industry

7.1. Market Snapshot
7.2. Global Mobile Payment Market by Industry, Performance - Potential Analysis
7.3. Global Mobile Payment Market Estimates & Forecasts by Industry 2019-2029 (USD Billion)
7.4. Mobile Payment Market, Sub Segment Analysis
- 7.4.1. BFSI
- 7.4.2. Healthcare
- 7.4.3. IT & Telecom
- 7.4.4. Media & Entertainment
- 7.4.5. Retail & E-commerce
- 7.4.6. Transportation
- 7.4.7. Others

Chapter 8. Global Mobile Payment Market, Regional Analysis

8.1. Mobile Payment Market, Regional Market Snapshot
8.2. North America Mobile Payment Market
- 8.2.1. U.S. Mobile Payment Market
  - 8.2.1.1. Payment Type breakdown estimates & forecasts, 2019-2029
  - 8.2.1.2. Industry breakdown estimates & forecasts, 2019-2029
- 8.2.2. Canada Mobile Payment Market
8.3. Europe Mobile Payment Market Snapshot
- 8.3.1. U.K. Mobile Payment Market
- 8.3.2. Germany Mobile Payment Market
- 8.3.3. France Mobile Payment Market
- 8.3.4. Spain Mobile Payment Market
- 8.3.5. Italy Mobile Payment Market
- 8.3.6. Rest of Europe Mobile Payment Market
8.4. Asia-Pacific Mobile Payment Market Snapshot
- 8.4.1. China Mobile Payment Market
- 8.4.2. India Mobile Payment Market
- 8.4.3. Japan Mobile Payment Market
- 8.4.4. Australia Mobile Payment Market
- 8.4.5. South Korea Mobile Payment Market
- 8.4.6. Rest of Asia Pacific Mobile Payment Market
8.5. Latin America Mobile Payment Market Snapshot
- 8.5.1. Brazil Mobile Payment Market
- 8.5.2. Mexico Mobile Payment Market
8.6. Rest of The World Mobile Payment Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies
9.2. Company Profiles
- 9.2.1. Google (Alphabet Inc.)
  - 9.2.1.1. Key Information
  - 9.2.1.2. Overview
  - 9.2.1.3. Financial (Subject to Data Availability)
  - 9.2.1.4. Product Summary
  - 9.2.1.5. Recent Developments
- 9.2.2. Alibaba Group Holdings Limited
- 9.2.3. Amazon.com Inc.
- 9.2.4. Apple Inc.
- 9.2.5. American Express Company
- 9.2.6. M Pesa
- 9.2.7. Money Gram International
- 9.2.8. PayPal Holdings Inc.
- 9.2.9. Samsung Electronics Co. Ltd.
- 9.2.10. Visa Inc.

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Mobile Payment Market, report scope
TABLE 2. Global Mobile Payment Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Mobile Payment Market estimates & forecasts by Payment Type 2019-2029 (USD Billion)
TABLE 4. Global Mobile Payment Market estimates & forecasts by Industry 2019-2029 (USD Billion)
TABLE 5. Global Mobile Payment Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 6. Global Mobile Payment Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Mobile Payment Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Mobile Payment Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Mobile Payment Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Mobile Payment Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Mobile Payment Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Mobile Payment Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Mobile Payment Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Mobile Payment Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. U.S. Mobile Payment Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Mobile Payment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 17. U.S. Mobile Payment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. Canada Mobile Payment Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 19. Canada Mobile Payment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Mobile Payment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. UK Mobile Payment Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 22. UK Mobile Payment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Mobile Payment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. Germany Mobile Payment Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 25. Germany Mobile Payment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Mobile Payment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. France Mobile Payment Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 28. France Mobile Payment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Mobile Payment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. Italy Mobile Payment Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 31. Italy Mobile Payment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Mobile Payment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Spain Mobile Payment Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 34. Spain Mobile Payment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Mobile Payment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. RoE Mobile Payment Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 37. RoE Mobile Payment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Mobile Payment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. China Mobile Payment Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 40. China Mobile Payment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Mobile Payment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. India Mobile Payment Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 43. India Mobile Payment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Mobile Payment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. Japan Mobile Payment Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 46. Japan Mobile Payment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Mobile Payment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. South Korea Mobile Payment Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 49. South Korea Mobile Payment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Mobile Payment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. Australia Mobile Payment Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 52. Australia Mobile Payment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Mobile Payment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. RoAPAC Mobile Payment Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 55. RoAPAC Mobile Payment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Mobile Payment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. Brazil Mobile Payment Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 58. Brazil Mobile Payment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Mobile Payment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Mexico Mobile Payment Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 61. Mexico Mobile Payment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Mobile Payment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. RoLA Mobile Payment Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 64. RoLA Mobile Payment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Mobile Payment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. Row Mobile Payment Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 67. Row Mobile Payment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Mobile Payment Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Mobile Payment Market
TABLE 70. List of primary sources, used in the study of global Mobile Payment Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Mobile Payment Market, research methodology
FIG 2. Global Mobile Payment Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Mobile Payment Market, key trends 2021
FIG 5. Global Mobile Payment Market, growth prospects 2022-2029
FIG 6. Global Mobile Payment Market, porters 5 force model
FIG 7. Global Mobile Payment Market, pest analysis
FIG 8. Global Mobile Payment Market, value chain analysis
FIG 9. Global Mobile Payment Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Mobile Payment Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Mobile Payment Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Mobile Payment Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Mobile Payment Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Mobile Payment Market, regional snapshot 2019 & 2029
FIG 15. North America Mobile Payment Market 2019 & 2029 (USD Billion)
FIG 16. Europe Mobile Payment Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Mobile Payment Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Mobile Payment Market 2019 & 2029 (USD Billion)
FIG 19. Global Mobile Payment Market, company Market share analysis (2021)