Home » Business, Manufacturing & Industry, Marketing & Sales, Technology, Telecom » Global Mobile Payment Market to Grow at a CAGR of 36.26% Analysis and Segment Forecast year 2015-2019: Hexa Reports
Global Research on “Mobile Payment” is a form of payment where an end-user can initiate a transaction using a mobile device for goods and services through communication networks or technologies.

Mobile payment allows consumers to use a mobile device to pay for goods and services instead of using cash, check, and credit/debit cards. It is also referred to as mobile money, mobile money transfer, and mobile wallet. Technavio’s analysts forecast the global mobile payment market to grow at a CAGR of 36.26%, in terms of transaction volume, over the period 2014-2019. In terms of number of end-users, the market is expected to grow at a CAGR of 18.10% during the forecast period.

Covered in this Report

This report covers the present scenario and the growth prospects of the global mobile payment market for the period 2015-2019. To calculate the market size, the report considers the total transaction volume sourced through mobile devices. In addition, the report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market.

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Technavio’s report, Global Mobile Payment Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the global mobile payment market and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

 Mahindra Comviva
 Vodafone Group

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Key Market Driver

Increased security
For a full, detailed list, view our report

Key Market Challenge

Infrastructure inadequacies
For a full, detailed list, view our report

Key market trend

Growing awareness about use of mobile wallets
For a full, detailed list, view our report

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Key Questions Answered in this Report

What will the market size be in 2019 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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About Us:

Hexa Reports Inc. is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

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