Report overview
Mobile wallet is a technology where debit and credit card information can be stored in the smart phone. In the other words instead of keeping the physical cards, one can just pay the bill with the help of the smart phone where the credentials of bank details, card and internet banking information is stored.
This report aims to provide a comprehensive presentation of the global market for Mobile Wallet (NFC, Digital Wallet), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Mobile Wallet (NFC, Digital Wallet). This report contains market size and forecasts of Mobile Wallet (NFC, Digital Wallet) in global, including the following market information:
Global Mobile Wallet (NFC, Digital Wallet) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Mobile Wallet (NFC, Digital Wallet) market was valued at US$ 1033 million in 2022 and is projected to reach US$ 3160.5 million by 2029, at a CAGR of 17.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
NFC product type is expected to have highest growth rate with the increasing penetration of NFC-enabled smartphones across all the regions. The product flexibility for converting the devices to NFC-enabled is expected to drive the mobile wallet market growth.
We surveyed the Mobile Wallet (NFC, Digital Wallet) 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 Wallet (NFC, Digital Wallet) Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Mobile Wallet (NFC, Digital Wallet) Market Segment Percentages, by Type, 2022 (%)
Hardware
Software
Services
Global Mobile Wallet (NFC, Digital Wallet) Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Mobile Wallet (NFC, Digital Wallet) Market Segment Percentages, by Application, 2022 (%)
MNOs
Financial Institutions (Banks)
Payment Network
Intermediaries
Merchants
Customers
Global Mobile Wallet (NFC, Digital Wallet) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Mobile Wallet (NFC, Digital Wallet) Market Segment Percentages, By Region and Country, 2022 (%)
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 Wallet (NFC, Digital Wallet) revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Mobile Wallet (NFC, Digital Wallet) revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
MasterCard
Apple
Amazon
Square
Citibank
Citrus Payment
Dwolla
Merchant Customer Exchange
Visa
Microsoft
Sprint
First Data
Paytm
Samsung
Google
Outline of Major Chapters:
Chapter 1: Introduces the definition of Mobile Wallet (NFC, Digital Wallet), market overview.
Chapter 2: Global Mobile Wallet (NFC, Digital Wallet) market size in revenue.
Chapter 3: Detailed analysis of Mobile Wallet (NFC, Digital Wallet) company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Mobile Wallet (NFC, Digital Wallet) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
