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MOBILE MONEY Market Outlook, Growth by Top Company, Region, Application, Driver, Trends & Forecasts by 2020

Tuesday, November 8, 2016 8:11
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(Before It's News)

Mobile Money Market Size Is Estimated to Grow from USD 21.15 Billion in 2016 To USD 112.29 Billion by 2021, At an Estimated Compound Annual Growth Rate (CAGR) Of 39.64% From 2016 To 2021

Mobile money market is in new boom due to creation of new business avenues for stakeholders, rising use of non-cash payments, evolving demographic needs across regions, rising use of mobile money services across businesses, technological advancement in mobile devices, indispensable requirement to have ubiquitous access to financial solutions are some of the driving forces in the mobile money market.

Browse detailed TOC, Tables, Figures, Charts and Companies mentioned in Mobile Money Market Report @http://www.marketreportsworld.com/10152609

 

The mobile money market size is estimated to grow from USD 21.15 billion in 2016 to USD 112.29 billion by 2021, at an estimated Compound Annual Growth Rate (CAGR) of 39.64% from 2016 to 2021.

Key Drivers of Mobile Money Market are  

  • Increased use of mobile devices among users and technological advancements

  • Indispensable requirement to have ubiquitous access to financial solutions

  • Rising use of non-cash payments

  • Creation of new business avenues for stakeholders

  • Evolving demographic needs across regions

  • Rising use of mobile money services across businesses

 

“Indispensable requirement to have ubiquitous access to financial solutions is driving the mobile money market”

Request sample PDF Disposable Mobile Money Market Report @ http://www.marketreportsworld.com/enquiry/request-sample/10152609 

 

Key Market Trends of Mobile Money Market

  • Mobile Money Technologies & Regulatory Trends

  • Technologies & Platforms

  • Current Regulations & Strategic Initiatives

  • Mobile Money Service Provider Business Models

  • Mobile Money Market Analysis, By Transaction Mode

  • Mobile Money Market Analysis, By Nature of Payment

 

The various key vendors profiled in the Mobile Money Market report are as follows:

1. Vodafone Group Plc 
2. Gemalto
3. FIS
4. Google Inc. 
5. Mastercard Incorporated 
6. Bharti Airtel Limited
7. Orange S.A. 
8. Monitise Plc 
9. Mahindra Comviva 
10. PayPal

“Person to person nature of payment segment to gain maximum market size during the forecast period”

Person to person segment, under nature of payments, is expected to account for the largest market share during the forecast period 2016–2021 as this payment service provided by banks offers customers with heightened convenience of immediate withdraws and deposits and facilitate instant money transfers through any mobile device and Mobile Network Operator (MNO).

“By location, remote payments dominate the mobile money market during the forecast period”

Ask for Discount on Report at Mobile Money Market @ http://www.marketreportsworld.com/enquiry/request-discount/10152609 

By location, remote payments segment dominates the mobile money market and contributes the largest market share. The reason being this type of payment usually makes use of premium SMS, mobile web/WAP, STK/USSD, browser, and mobile applications and can be processed over a subscriber’s mobile phone bill, prepaid payments, and debit or credit card payments. These payments are beneficial for consumers as they can be conducted through any type of mobile phone, ranging from a basic handset to smartphones.
In the process of determining and verifying the market size for several segments and sub-segments gathered through secondary research, extensive primary interviews were conducted with key people.

 

The report will help the market leaders/new entrants in this market in the following ways:

1. This report segments the Mobile Money comprehensively and provides the closest approximations of the revenue numbers for the overall market and subsegments across different verticals and regions.

2. The report helps stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.

This report will help stakeholders to better understand the competitors and gain more insights to better their position in the business. The competitive landscape section includes new product launches, partnerships, agreements & collaborations, mergers & acquisitions, and expansions

 

“APAC to be the leading and fastest-growing market for fingerprint sensors during the forecast period”

 

The growth of the fingerprint sensors market in APAC is attributed to the increase in demand for mobile devices, increased government projects in law enforcements, rapid urbanization, growing population, and the increasing disposable income.

 

Geographic Analysis of Mobile Money Market

1.         NORTH AMERICA

2.         U.S.

3.         CANADA

4.         MEXICO

5.         EUROPE

6.         GERMANY

7.         U.K.

8.         FRANCE

9.         ITALY

10.       REST OF EUROPE

11.       APAC

12.       CHINA

13.       INDIA

14.       JAPAN

15.       SOUTH KOREA

16.       REST OF APAC

 

“Our Value Added Services provide you with 10% on demand customization with no additional costs”

 

Need Assistance (Content, Price, Sample, Discount), Ask us @ http://www.marketreportsworld.com/enquiry/pre-order-enquiry/10152609 

 

Reasons to buy the Finger Print Sensor Market report:

• Illustrative segmentation, analysis, and forecast for the market based on type, technology, application, and geography have been conducted to give an overall view of the fingerprint sensors market.

• The Porter’s five forces framework has been utilized along with the value chain analysis to provide an in-depth insight into the fingerprint sensors market.

• The major drivers, restraints, opportunities, and challenges for the fingerprint sensors market have been detailed in this report.

• The report includes a detailed competitive landscape along with key players, in-depth analysis, and revenue of key players.

About Market Reports World:

Market Reports World is the credible source for gaining the market research reports that will exponentially accelerate your business. We are among the leading report resellers in the business world committed towards optimizing your business. The reports we provide are based on a research that covers a magnitude of factors such as technological evolution, economic shifts and a detailed study of market segments.

Contact

Mr. Ameya Pingaley

Market Reports World

+1 408 520 9750

Email – sales@marketreportsworld.com

 

For Latest News about Current Market Trends and Forecast Visit @ http://www.marketreportsworld.com/news/

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