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+48% CAGR to Be Achieved by Proximity Mobile Payment Market Based on Market Research, Global Trend Analysis and Industry Forecast 2023

Qualitative Research on Proximity Mobile Payment Market by Software, Application, Component, Market Share, Industry Vertical, Opportunities and Strategies profiling with key players- Samsung Electronics, Visa, Apple, Alphabet, Square, ACI, PayPal, Starbucks, Mastercard, CVS

 

Houston, TX -- (SBWIRE) -- 03/15/2018 -- Proximity Mobile Payment Market is expected to grow at a CAGR of +48% during the forecast period.

Proximity mobile payment technology has become an important part of the shopping experience in recent years due to the steady technological progression of the method and rising adoption of the necessary supporting technology across regional and consumer demographics. Proximity mobile payment consists of identifying a product by the aid of an encrypted key and making a payment through digital payment channels. Presently, proximity mobile payment technology is applied through barcodes and near field communication technology.

One of the major reasons for the worldwide increase of proximity mobile payment market is the growing utilization of cell phones over the globe. The comfort of near field communication innovation in proximity mobile payment has witnessed light because of the across the board consolidation of NFC innovation in current cell phones. This is probably going to remain a critical factor for the proximity mobile payment market in the future because of enduring advancement of the NFC stage to empower fluctuated applications. Developing endeavors from telecommunication goliaths towards the advancement of NFC are in this manner prone to enable the proximity mobile payment to market.

Companies Profiled In This Report:
Samsung Electronics, Visa, Apple, Alphabet, Square, ACI, PayPal, Starbucks, Mastercard, CVS

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This report analyzes the competitive landscape in this market by examining the profiles of the established market players to gain an insight into the current market hierarchy. The prevailing and the imminent organizations in the worldwide market for Proximity Mobile Payment has also been deliberated in this research report in specifics, making it a valuable resource for supervision for the stakeholders operating in this market.

This research report presents a comprehensive overview of the market for Proximity Mobile Payment discusses the driving forces, limiting factors, opportunities, and challenges of this market at length. This detailed evaluation of the driving factors, obstacles, and the prominent market trends assists the companies in understanding the issues they may face while functioning in this market over the coming years.

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Reason to Access Proximity Mobile Payment Market Research Report:
This research study offers a comprehensive overview of the latest developments and investment pattern in the Global Proximity Mobile Payment Market. Under investments, the report provides a brief overview of the major mergers and acquisitions in the big data security market. This market research report identifies key players in the market and provides a comprehensive analysis of their key company facts, business overview, segmentation, SWOT analysis, business strategies, and key information.

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Table of Contents:
Global Proximity Mobile Payment Market Research Report 2017
Chapter 1: Global Proximity Mobile Payment Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Global Market Competition by Manufacturers
Chapter 4: Global Production, Revenue (Value) by Region
Chapter 5: Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Global Production, Revenue (Value), Price Trend by Type
Chapter 7: Global Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: Global Proximity Mobile Payment Market Forecast

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