Mobile Wallet Market Research Report by Mode of Payment (NFC Payment and Remote Payment), by Stakeholders (Content and Applications Aggregators, Handset and Other Hardware Solution Manufacturers, and Mobile Network Operators), by Application, by Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2026 - Cumulative Impact of COVID-19
The Global Mobile Wallet Market size was estimated at USD 112.62 Billion in 2020 and expected to reach USD 133.46 Billion in 2021, at a Compound Annual Growth Rate (CAGR) 18.84% from 2020 to 2026 to reach USD 317.31 Billion by 2026.
Market Statistics: The report provides market sizing and forecast across five major currencies - USD, EUR GBP, JPY, and AUD. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2019 are considered historical years, 2020 as the base year, 2021 as the estimated year, and years from 2022 to 2026 are considered the forecast period.
Market Segmentation & Coverage: This research report categorizes the Mobile Wallet to forecast the revenues and analyze the trends in each of the following sub-markets:
Based on Mode of Payment, the Mobile Wallet Market was studied across NFC Payment and Remote Payment.
Based on Stakeholders, the Mobile Wallet Market was studied across Content and Applications Aggregators, Handset and Other Hardware Solution Manufacturers, Mobile Network Operators, OSS/BSS Solution Providers, and Software Developers and Cloud Computing.
Based on Application, the Mobile Wallet Market was studied across Mobile Commerce, Mobile Coupons, Mobile Ticketing, Mobile Transfers, and Micropayments.
Based on Geography, the Mobile Wallet Market was studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The Asia-Pacific is further studied across China, India, Indonesia, Japan, Malaysia, Philippines, South Korea, and Thailand. The Europe, Middle East & Africa is further studied across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom.
Cumulative Impact of COVID-19: COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.
Competitive Strategic Window: The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.
FPNV Positioning Matrix: The FPNV Positioning Matrix evaluates and categorizes the vendors in the Mobile Wallet Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.
Market Share Analysis: The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.
Company Usability Profiles: The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Mobile Wallet Market, including Amazon.com, Inc., American Express Company, Ant Financial Services Group, Apple Inc., AT&T Inc., First Data Corporation, Google LLC, JPMorgan Chase & Co., Mastercard Incorporated, One97 Communications Limited, PayPal Holdings, Inc, Samsung Group, Sprint Corporation, Tencent Holdings Limited, and Visa Inc..
The report provides insights on the following pointers: 1. Market Penetration: Provides comprehensive information on the market offered by the key players 2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets 3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments 4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players 5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as: 1. What is the market size and forecast of the Global Mobile Wallet Market? 2. What are the inhibiting factors and impact of COVID-19 shaping the Global Mobile Wallet Market during the forecast period? 3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Mobile Wallet Market? 4. What is the competitive strategic window for opportunities in the Global Mobile Wallet Market? 5. What are the technology trends and regulatory frameworks in the Global Mobile Wallet Market? 6. What is the market share of the leading vendors in the Global Mobile Wallet Market? 7. What modes and strategic moves are considered suitable for entering the Global Mobile Wallet Market?
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