Report overview
Mobile payments are defined as any payment transactions whether in store or remote executed on the mobile phone. In the recent years, increased penetration of smartphones across the globe, comfort in using the applications and busy lifestyle is increasing the usage of mobile payment systems. Owing to its essential nature in today?s fast and busy lifestyle, mobile payments are gaining speed across the globe. The changing attitude of consumers and urge for faster transaction is creating positive impact on the mobile payments market.
This report contains market size and forecasts of Mobile Payment Transaction in Global, including the following market information:
Global Mobile Payment Transaction Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Mobile Payment Transaction market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Near Field Communication (NFC) Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Mobile Payment Transaction include PayPal, GoogleWallet, MasterCard, Visa, LevelUp, Brain Tree, MoneyBokkers, Worlpay and Clinkle and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Mobile Payment Transaction companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Mobile Payment Transaction Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Mobile Payment Transaction Market Segment Percentages, by Type, 2021 (%)
Near Field Communication (NFC)
Direct
WAP
SMS
USSD
Others
Global Mobile Payment Transaction Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Mobile Payment Transaction Market Segment Percentages, by Application, 2021 (%)
Travel and Ticketing
Banking
Merchandise
Food and Beverages
Airtime
Others
Global Mobile Payment Transaction Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Mobile Payment Transaction Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Mobile Payment Transaction revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Mobile Payment Transaction revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
PayPal
GoogleWallet
MasterCard
Visa
LevelUp
Brain Tree
MoneyBokkers
Worlpay
Clinkle
Single Point
