NJ New Jersey, USA -- (SBWIRE) -- 05/23/2023 -- Latest Study on Industrial Growth of Global Consumer Mobile Payments Market 2022-2028. A detailed study accumulated to offer Latest insights about acute features of the Consumer Mobile Payments market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis.

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Some of the key players profiled in the study are:
Google LLC (United States), Samsung Group (South Korea), Amazon.com Inc. (United States), Apple Inc. (United States), PayPal Inc. (United States), MasterCard PLC (United States), Visa Inc. (United States), American Express Co. (United States), Mahindra ComViva (India), Orange SA (France).

Scope of the Report of Consumer Mobile Payments
This fast-growing mobile phone penetration also brings with it increasingly sophisticated mobile devices, which outpace ordinary computers. Mobile payments can be a more convenient and portable means of payment than traditional payment methods because they eliminate the burden of carrying multiple plastic cards, coins and currency in a physical wallet Mobile commerce in Europe is expected to grow significantly over the next few years, with an average compound annual growth rate of 42%. In 2014, Europe experienced an all-time peak in mobile revenues and mobile transactions. According to a RetailMeNot forecast based on data from some EU countries, Europeans will be spending about Euro 45 billion via mobile devices in 2015; this currently corresponds to around 14% of all online purchases made in the EU and represents an increase of 88.7% compared to 2014. According to one study, this type of payment is up to 15 to 30 seconds faster than swiping a traditional card, signing the receipt, or entering a PIN code.

The titled segments and sub-section of the market are illuminated below:
by Type (Remote (Peer-to-peer, M-commerce), Proximity (Near Field Communication, Barcode)), Application (Retail, Hospitality & Tourism, IT & Telecommunication, BFSI, Media & Entertainment, Healthcare, Airline, Others), Type of Mobile Pay (Mobile Wallet/Bank Cards, Mobile Money)

Market Drivers:
The rise in demand for easy and hassle-free purchase of goods and services results in increased preference of consumers toward digital and cashless payments
The rapid growth in online retailing

Market Trends:
Increasing Number of Loyalty Benefits in Mobile Environment
Upsurging Demand due to Increasing Inclination towards E-commerce

Opportunities:
Growing demand from developing countries
Increasing Internet Penetration and Growing M-commerce Market

Restraints:
Security Issues Associated with Mobile Payments

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Strategic Points Covered in Table of Content of Global Consumer Mobile Payments Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Consumer Mobile Payments market
Chapter 2: Exclusive Summary – the basic information of the Consumer Mobile Payments Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Consumer Mobile Payments
Chapter 4: Presenting the Consumer Mobile Payments Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Consumer Mobile Payments market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2027)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

finally, Consumer Mobile Payments Market is a valuable source of guidance for individuals and companies.

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