Mobile Payment Technology Market
On the other hand , rising cases of fraud and online thefts are the main reason hampering the growth of the global mobile payment technology market . In addition to this , unawareness among the people is also one of the significant reasons that are restraining the growth of the global market . Furthermore , lack of job opportunities is also one of the reasons that are decreasing the growth of the global mobile payment technology market . Furthermore , the hefty cost of transportation is hindering the growth of the global market . High charge of payment gateways is also decreasing the growth of the global market to some extent .
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Global Mobile Payment Technology Market : Segmentation
Based on operating modes , the global mobile payment technology market is mainly classified as reader emulation , card emulation , and peer-to-peer modes .
On the basis of products and software , the global market is segmented into auxiliary and nonauxiliary .
Based on industry , the global market for mobile payment technology is segmented into transportation , retail , residential & commercial , automotive , consumer electronics , medical & healthcare , and others .
On the basis of the region , the global market is bifurcated as North America , South America , Latin America , Europe , Asia-Pacific , and Rest of the World .