Mobile Payment Technologies Market Growth During the Forecast Period 2021-2026

The Mobile Payment Technologies market is projected to grow from USD 60.4 billion in 2020 to USD 212.5 billion by 2026 at a CAGR of over 23.8% during the forecast period.

Stratview Research has published a new report titled “Mobile Payment Technologies Market” which is segmented By Solutions (Point-of sale (PoS), In-store payments, Remote payments), By Remote Payments (Internet payments, SMS payments, Direct carrier billing, Mobile banking) By Application (Retail E-Commerce, Healthcare, BFSI, Enterprise) By In-store Payments Solutions (Mobile wallets, Quick response (QR) code payments),and by Region Asia-Pacific [China, Japan, India, and Rest of Asia-Pacific], and Rest of the World [Brazil, Saudi Arabia, and Others]).

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Report Highlights

This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the market dynamics of the industry. It provides thorough analysis of the market segments which include products, applications, and competitor analysis.

The market is bifurcated into various segments. Below given is the segment-wise analysis -

Based on application, the Mobile Payment Technologies market has been classified into Retail E-Commerce, Healthcare, BFSI, and Enterprise. E-Commerce accounted for the largest market share in 2020 With an increasing number of mobile devices and high-speed cellular networks around the world, the e-commerce industry is booming.

Which Region is expected to remain the largest market?

By region, the Mobile Payment Technologies market in Asia-Pacific accounted for the largest market share in 2020. The Asia-Pacific region is becoming increasingly popular for the adoption of electronic payment models. Countries such as India, Japan, China, and Australia are creating a stable environment for the growth of the mobile payment market. In India, the recent demonetization act has raised public awareness of alternative payment methods to cash (which is a major medium of the transaction all over the Asia-Pacific).

Who are the Key Players in the Market?

This report provides market intelligence in the most comprehensive way. It also provides critical insights into the key players active in the market, that will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key players activen in the Mobile Payment Technologies Market:

  • Vodafone Ltd.,
  • Microsoft Corporation,
  • Bharti Airtel Ltd.,
  • Paypal Inc.,
  • Ant Financial Service Group,
  • Google Inc.,
  • American Express,
  • Mastercard International,
  • Apple Inc

Key questions answered by the report

  • What is the projected CAGR for revenue from the Mobile Payment Technologies Market during the forecast period?
  • What would be the market be valued at by 2027?
  • What is a major driving factor for growth of the market?
  • Which region accounted for largest revenue share in the Mobile Payment Technologies Market?
  • Which are the major market players?

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About Us

Stratview Research is a global market research firm, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with insightful market data to aid strategic decision making. These exclusive reports are the result of exclusive research methodology and are available for key industries such as chemicals, composites, advanced materials, technology, renewable energy, and more.


James McGill

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