Report overview
A mobile wallet is a form of e-commerce model that is made to be used with mobile devices and offers convenience and easy access. It provides service of the online transaction for every single operation in a routine. Mobile wallet offers various facilities such as debit, credit and online transaction from a bank account.
This report aims to provide a comprehensive presentation of the global market for Mobile 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. This report contains market size and forecasts of Mobile Wallet in global, including the following market information:
Global Mobile Wallet Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Mobile Wallet market was valued at US$ 65850 million in 2022 and is projected to reach US$ 140950 million by 2029, at a CAGR of 11.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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. As the technology is growing and government of various countries are promoting digital economy, the mobile wallet market is expected to grow immensely. Increasing uses of smartphone and growing e-commerce industry are some of the major factor which is supporting the market of mobile wallet around the world whereas growing security proliferation and security are some of the major restraint to the market.
We surveyed the Mobile 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 Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Mobile Wallet Market Segment Percentages, by Type, 2022 (%)
Open and Semi-Open
Semi-Closed and Closed
Global Mobile Wallet Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Mobile Wallet Market Segment Percentages, by Application, 2022 (%)
Banks
Third Party Payment
Global Mobile Wallet Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Mobile 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 revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Mobile 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
Alipay
Splio
Outline of Major Chapters:
Chapter 1: Introduces the definition of Mobile Wallet, market overview.
Chapter 2: Global Mobile Wallet market size in revenue.
Chapter 3: Detailed analysis of Mobile 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 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.
