Market World Mobile Wallet Market Opportunities | Page 3

Development in various applications such as NFC-based transactions, ticketing and access control in European
market is anticipated over the forecasted period. Increase in number of NFC tags implementation has led to use
of NFC readers. It is forecasted that Restaurant applications and public transportation will have key share in
European market
“Building trust among consumers is expected to increase the adoption rate"
Bharti Airtel limited, Apple Inc (US), and American express company are Major competitors in mobile wallet
market. These key players are continuously investing in R&D to develop innovative platform for users so as to
gain market share.
Market Segment:
Mobile Wallet Product Outlook (Revenue, USD Billion, 2014 - 2024)
• Proximity
• Remote
Mobile Wallet Application Outlook (Revenue, USD Billion, 2014 - 2024)
• Retail
• Vending Machine
• Public Transportation
• Restaurants
Mobile Wallet Regional Outlook (Revenue, USD Billion, 2014 - 2024)
• North America
• Europe
• Asia Pacific
• Latin America
• MEA
See More Reports of this Category by Million Insights @
https://www.millioninsights.com/industry/technology