Consumer Mobile Payments Market to Witness Huge Growth By 2025
Edison, NJ -- (SBWIRE) -- 09/22/2020 -- Global Consumer Mobile Payments Market Size, Status and Forecast 2019-2025 is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study provides information on market trends and development, drivers, capacities, technologies, and on the changing investment structure of the Global Consumer Mobile Payments Market. Some of the key players profiled in the study are ACI Worldwide, Alphabet, Samsung Electronics, DH, Fidelity National Information Services, Fiserv, Jack Henry & Associates, MasterCard, PayPal Holdings, Square, Visa & Apple.
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Consumer Mobile Payments Market Overview:
As retailers install new payment terminals to enable contactless payment, this will go a long way in solving logistical constraints. With the introduction of Apple Pay, Samsung Pay and Android Pay, the millennial generation is at the forefront of adopting new technology by embracing mobile payments. With this seismic shift in payment methods, it is logical to assume that even older generations will follow millennials and take to mobile payments in retail. Adopting and enabling mobile payments allows companies to invest in newer technology that is far more user-friendly and intuitive. Consumers would also be happy to use these services that would make their daily lives immeasurably easier. A smartphone is a gadget that is more of a necessity than a luxury in the 21st century and companies have not been blind to this. They are well-aware that their customers are using their mobile for anything and everything and therefore, mobile payments would be the next logical step in the journey towards a cashless economy. Mobile contactless payments are quickly becoming the new normal method to pay retailers as the need to visit an ATM to withdraw cash is eliminated.
In 2018, the global Consumer Mobile Payments market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Consumer Mobile Payments status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Consumer Mobile Payments development in United States, Europe and China.
If you are involved in the Consumer Mobile Payments industry or intend to be, then this study will provide you comprehensive outlook. It's vital you keep your market knowledge up to date segmented by Retail, Hospitality & Tourism, IT & Telecommunication, BFSI, Media & Entertainment, Healthcare, Airline & Others, , Remote & Proximity and major players. If you want to classify different company according to your targeted objective or geography we can provide customization according to your requirement.
Consumer Mobile Payments Market: Demand Analysis & Opportunity Outlook 2025
Consumer Mobile Payments research study is to define market sizes of various segments & countries by past years and to forecast the values by next 5 years. The report is assembled to comprise each qualitative and quantitative elements of the industry facts including: market share, market size (value and volume 2014-19, and forecast to 2025) which admire each countries concerned in the competitive examination. Further, the study additionally caters the in-depth statistics about the crucial elements which includes drivers & restraining factors that defines future growth outlook of the market.
Important years considered in the study are:
Historical year – 2014-2019 ; Base year – 2019; Forecast period** – 2020 to 2025 [** unless otherwise stated]
The segments and sub-section of Consumer Mobile Payments market are shown below:
The Study is segmented by following Product Type: , Remote & Proximity
Major applications/end-users industry are as follows: Retail, Hospitality & Tourism, IT & Telecommunication, BFSI, Media & Entertainment, Healthcare, Airline & Others
Some of the key players/Manufacturers involved in the Market are – ACI Worldwide, Alphabet, Samsung Electronics, DH, Fidelity National Information Services, Fiserv, Jack Henry & Associates, MasterCard, PayPal Holdings, Square, Visa & Apple
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If opting for the Global version of Consumer Mobile Payments Market analysis is provided for major regions as follows:
- North America (USA, Canada and Mexico)
- Europe (Germany, France, the United Kingdom, Netherlands, Russia , Italy and Rest of Europe)
- Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia, rest of countries etc.)
- Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Nigeria and South Africa)
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Key Answers Captured in Study are
Which geography would have better demand for product/services?
What strategies of big players help them acquire share in regional market?
Countries that may see the steep rise in CAGR & year-on-year (Y-O-Y) growth?
How feasible is market for long term investment?
What opportunity the country would offer for existing and new players in the Consumer Mobile Payments market?
Risk side analysis involved with suppliers in specific geography?
What influencing factors driving the demand of Consumer Mobile Payments near future?
What is the impact analysis of various factors in the Global Consumer Mobile Payments market growth?
What are the recent trends in the regional market and how successful they are?
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There are 15 Chapters to display the Global Consumer Mobile Payments market.
Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of Global Consumer Mobile Payments market, Applications [Retail, Hospitality & Tourism, IT & Telecommunication, BFSI, Media & Entertainment, Healthcare, Airline & Others], Market Segment by Types , Remote & Proximity;
Chapter 2, objective of the study.
Chapter 3, to display Research methodology and techniques.
Chapter 4 and 5, to show the Consumer Mobile Payments Market Analysis, segmentation analysis, characteristics;
Chapter 6 and 7, to show Five forces (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 8 and 9, to show analysis by regional segmentation[United States, Europe, China, Japan, Southeast Asia, India & Central & South America ], comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis
Chapter 10, to identify major decision framework accumulated through Industry experts and strategic decision makers;
Chapter 11 and 12, Global Consumer Mobile Payments Market Trend Analysis, Drivers, Challenges by consumer behavior, Marketing Channels
Chapter 13 and 14, about vendor landscape (classification and Market Ranking)
Chapter 15, deals with Global Consumer Mobile Payments Market sales channel, distributors, Research Findings and Conclusion, appendix and data source.
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia or Oceania [Australia and New Zealand].