IGR Mobile Wallet Market | Page 3

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. Make an Enquiry https://www.infiniumglobalresearch.com/ict_semiconductor/global_mobile_wallet_market 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.