Global Mobile Wallet Market Will Grow with CAGR of 35.6% - Industry Research, Share, Size, Analysis, Growth
The Global Mobile Wallet market is anticipated tgrow at a strong CAGR of 35.6% during the forecast period 2014 t2022. The factors that are driving the market growth include rising awareness regarding mobile wallets and their applications, growing smart phone penetration and escalating benefits of mobile wallets. However factors such as security, huge capital investment and technology immaturity of mobile wallet are hindering the market growth. In the digital payments industry, Mobile wallets are considered tbe a revolutionary trend.
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