Mobile Payment Market Driven by Increasing Use of Mobile Devices: Growth at a CAGR of 35.55% Between 2017-2021 announces the availability of a report on the evolving market of "Global Mobile Payment Market 2017-2021”


Albany, NY -- (SBWIRE) -- 09/21/2017 -- This report mainly introduces volume and value market share by players, by regions, by product type, by consumers and also their price change details. As a MarketResearchReports.Biz report, it covers all details inside analysis and opinion in "global mobile payment market".

Mobile payments are the payments made using mobile devices such as cell phones or tablets, using mobile money or mobile wallets. Technological innovations and rapid technological advances are changing the way people connect with each other and manage their finances. With the advent of mobile banks, users are able to conduct monetary transactions with ease. Mobile banking is an affordable alternative to the traditional banking ways.

The global mobile payment market to grow at a CAGR of 35.55% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global mobile payment market for 2017-2021. To calculate the market size, the report considers mobile payment transaction values.

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The market is divided into the following segments based on geography:

Technavio's report, Global Mobile Payment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Alibaba Group
Samsung Electronics

Other prominent vendors
Bharti Airtel
American Express
Bank of America
Citrus Payment Solutions
One97 Communication
ZipCash Card Services

Market driver
Increasing use of mobile devices
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Market challenge
Security of mobile payment apps
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Market trend
Cloud-based mobile payment solutions
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Key questions answered in this report
What will the market size be in 2021 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?

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