Market Research

Mobile Payment Technologies Market Next Big Thing | Major Giants Visa, Microsoft, Apple

Jul 9, 2020 1:45 PM ET

iCrowd Newswire – Jul 9, 2020

Latest released the research study on Global Mobile Payment Technologies Market, offers a detailed overview of the factors influencing the global business scope. Mobile Payment Technologies Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Mobile Payment Technologies. The study covers emerging player’s data, including: competitive landscape, sales, revenue and global market share of top manufacturers are Visa (United States), American Express (United States), Boku, Inc. (United States), , Fortumo (Estonia), Microsoft Corporation (United States), Google (United States), Apple (United States), MasterCard Incorporated (United States), MTN Group Limited (South Africa) and Safaricom Limited (Kenya).

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Analyst at AMA have conducted special survey and have connected with opinion leaders and Industry experts from various region to minutely understand impact on growth as well as local reforms to fight the situation. A special chapter in the study presents Impact Analysis of COVID-19 on Global Mobile Payment Technologies Market along with tables and graphs related to various country and segments showcasing impact on growth trends.

Mobile payment technologies are used for the payment of goods, products and other things using smartphones. There are several modes of technologies such as NFC, SMS, Bluetooth and so on. These modes of transaction use multiple payment methods that include proximity and remote payment. Early on, payment was sent by text message, later the advancement in technology allowed for the picture of the check to be taken and it eventually morphed into mobile check deposit capabilities for banking apps. Moreover, it works by bringing together two electronic devices, typically a mobile device such as a smartphone and reader of some kind. According to the Federal Reserve report, 39% of all mobile users in the United States had made a mobile payment in 2015. It is expected to see the growth in the mobile payments industry and startups in the space evolve to meet the growing demands of users.This growth is primarily driven by Increasing Demand for Ease in Transaction of Money from Retail & other Sectors Is Driving the Demand for the Mobile Payment Technologies, Rapid Adoption of Mobile Payment Technologies in the Emerging Economies Such As India, China and So On and The Increasing Smartphones Adoption Is Further Fueling The Use Of Mobile Payment Technologies.

Market Drivers

  • Increasing Demand for Ease in Transaction of Money from Retail & other Sectors Is Driving the Demand for the Mobile Payment Technologies
  • Rapid Adoption of Mobile Payment Technologies in the Emerging Economies Such As India, China and So On
  • The Increasing Smartphones Adoption Is Further Fueling The Use Of Mobile Payment Technologies

Market Trend

  • The Trend for the Cloud-Based Payment Technologies That Doesn’t Require a Physical Device

Restraints

  • Issue Related To the Security While Processing Mobile Payments with Financial Details

Opportunities

The Use of IoT & Cloud-Based Technologies With Payment Applications Is Anticipated To Provide Several Opportunities Of Growth

Challenges

Lack in Network Connectivity Is Major Issue for All Mobile Payment Technologies

The Global Mobile Payment Technologies Market segments and Market Data Break Down are illuminated below:
by Type (SMS Payment, QR Code Payment, NFC Payment, Bluetooth Technology Payment, Others), Application (Hospitality, Tourism Sector, Entertainment, Retail Sector, Health Care Sector, Education, Others), Mobile Payment Support (Credit Card, Prepaid Wallet), Mobile Payment (Proximity Payment (Quick Response (QR) Code, Mobile Wallets, Other), Remote Payment (Internet Payments, SMS Payments, Direct Carrier Billing, Other)), Payment Nature (P2P, P2B, B2P, B2B)

 

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Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

What benefits does AMA research study is going to provide?

  • Latest industry influencing trends and development scenario
  • Open up New Markets
  • To Seize powerful market opportunities
  • Key decision in planning and to further expand market share
  • Identify Key Business Segments, Market proposition & Gap Analysis
  • Assisting in allocating marketing investments


Strategic Points Covered in Table of Content of Global Mobile Payment Technologies Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Mobile Payment Technologies market

Chapter 2: Exclusive Summary – the basic information of the Mobile Payment Technologies Market.

Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Mobile Payment Technologies

Chapter 4: Presenting the Mobile Payment Technologies Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying market size by Type, End User and Region 2014-2019

Chapter 6: Evaluating the leading manufacturers of the Mobile Payment Technologies market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries (2020-2025).

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, Mobile Payment Technologies Market is a valuable source of guidance for individuals and companies in decision framework.

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Key questions answered

  • Who are the Leading key players and what are their Key Business plans in the Global Mobile Payment Technologies market?
  • What are the key concerns of the five forces analysis of the Global Mobile Payment Technologies market?
  • What are different prospects and threats faced by the dealers in the Global Mobile Payment Technologies market?
  • What are the strengths and weaknesses of the key vendors?

Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

Contact Information:

Craig Francis (PR & Marketing Manager)
AMA Research & Media LLP
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA – 08837
Phone: +1 (206) 317 1218
[email protected]


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