as Security concerns among consumers lack of awareness in emerging markets and government support for
cashless transactions and electronic money to encourage the transparency of financial transactions is
augmenting the market size of mobile wallet. Several international as well as domestic players operate in this
market across countries in the world; however large players such as PayPal, Visa and master card hold a
significant market share in the global mobile wallet market.
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Segments Covered
The report on global mobile wallet market covers segments such as application, mode of payment and
stakeholders. The application segments include mobile commerce, mobile ticketing, mobile coupons, mobile
transfer, and micropayments. On the basis of mode of payment, the global mobile wallet market is
categorized into remote payment and NFC payment. The NFC market is further sub-segmented into NFC
handsets, NFC chips and tags, NFC readers, NFC micro SD, and NFC SIM/UICC card. The global mobile wallet
market stakeholders encompass mobile network operators (MNOS), handset manufacturers, OSS/BSS solution
providers, software developers, content applications and aggregators, and other stakeholders.
Geographic Coverage and Analysis:
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and
Rest of the World. In this section the key trends and Market size for each geography is provided over the
period of 2017 – 2023.
North America prevails over another region on account of its shift towards the digital economy. Europe is also
showing robust growth rate, followed by Asia pacific. Asian countries show high growth potential due to the
adoption of smartphones.