Global Mobile Wallet Market to Grow at a CAGR of 34.58% by Revenue, During the Period 2016-2020

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Mobile wallets are based on technologies, such as near-field communication (NFC), have revolutionized the digital payments market globally.

Albany, New York, August 10, 2016: Market Research HUB has announced the addition of the “Global Mobile Wallet Market 2016-2020” report to their offering.

Mobile wallets are electronic money accounts that can be maintained and used via cell phones and other mobile devices. These wallets help account holders pay bills or purchase goods online. Often, companies give offers and discounts to encourage customers to use these apps. Mobile wallets are based on technologies, such as near-field communication (NFC), and have revolutionized the digital payments market. There has been a rise in the number of point of sale (POS) terminals worldwide since the advent of this technology.

Browse Full Report on Global Mobile Wallet Market 2016-2020 –

Report forecast the global mobile wallet market to grow at a CAGR of 34.58% by revenue, during the period 2016-2020.

The report covers the present scenario and the growth prospects of the global mobile wallet market for 2016-2020. To calculate the market size, the report considers the revenue generated from retail transactions sourced through mobile wallets.

The market is divided into the following segments based on geography:

The report, Global Mobile Wallet Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Vendors

Other Prominent Vendors
Airtel Money
American Express
Bank of America
Citrus Payment Solutions
First Data
One97 communications
Tata Teleservices
Y-Cash Software Solutions

Market Driver
High transaction volumes through m-commerce
For a full, detailed list, view  report

Market Challenge
Infrastructure inadequacies in developing countries
For a full, detailed list, view report

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Market Trend
Rise in mobile Internet users
For a full, detailed list, view report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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