Search

Mobile Payment Technologies Market Size to Hit $300+ Bn, Globally, by 2028 Growing at 32+% CAGR | Exclusive Report by The Insight Partners - GlobeNewswire

guduka.blogspot.com

New York, Oct. 14, 2022 (GLOBE NEWSWIRE) -- The Insight Partners published latest research study on “Mobile Payment Technologies Market Size, Share, Industry Trends and Forecast to 2028- Covid-19 Impact and Global Analysis - by Mode of Transaction (Wireless End Use Protocol (WAP), Near-Field Communication (NFC), and Short Message Service (SMS)), Payment Mode (Proximity Payment and Remote Payment); End Use(Hospitality & Tourism Sector, BFSI, Media and Entertainment, Retail Sector, Health care, Education, IT & Telecommunication)," the global mobile payment technologies market size is expected to grow from USD 45.36 billion in 2021 to USD 323.03 billion by 2028 with an estimated CAGR of 32.8% from 2022 to 2028.

Download Sample PDF Brochure of Mobile Payment Technologies Market Size - COVID-19 Impact and Global Analysis with Strategic Insights at: https://www.theinsightpartners.com/sample/TIPRE00003055/

Global Mobile Payment Technologies Market Report Scope, Segmentations, Regional & Country Scope:

Report Coverage Details
Market Size Value in USD 45.36 Billion in 2021
Market Size Value by USD 323.03 Billion by 2028
Growth rate CAGR of 32.8% from 2022 to 2028.
Forecast Period 2022-2028
Base Year 2021
No. of Pages 150
Historical data available Yes
Segments covered Mode of Transaction End Use
Regional scope North America; Europe; Asia Pacific; Latin America; MEA
Country scope US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina
Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Key Research Capabilities Global Market Assessment, Business Development Strategies, Competitive Landscape, Opportunity Analysis, Regional and Country Level Market Analysis, Market Entry Strategies, Market Dynamics, Risk and Return Assessments, Pricing Analysis, Market Size and Forecasting, Company Profiling, Value Chain Analysis, Expansion Strategies, SWOT Analysis, New Product Development
Global Mobile Payment Technologies Market Forecast to 2028 - Latest COVID-19 Analysis https://www.theinsightpartners.com/covid-analysis-sample/TIPRE00003055/

The difference between physical and digital commerce is dissolving, and channels are converging increasingly. The in-store purchase experience has shifted significantly closer to the online one due to the strong emphasis on contactless payments especially during the COVID-19 pandemic. Also, before the pandemic, contactless payments were already well-established in a few regions. Touchless payments and/or biometric identification are prevalent in the online purchase experience. The contactless card is the most prevalent kind of touch-free payment. Mobile payments, on the other hand, are gaining popularity due to ease of use and growing acceptance of original equipment manufacturer (OEM) Pay solutions as a retail payment method, contributing to the mobile payment technologies market growth.

Inquiry Before Purchase: https://www.theinsightpartners.com/inquiry/TIPRE00003055/

Global Mobile Payment Technologies Market: Competitive Landscape

Microsoft Corporation; Boku, Inc.; PayPal, Inc.; Alphabet Inc.; Apple, Inc.; AT&T, Inc.; MasterCard International, Inc.; Visa, Inc.; Ant Financial Services Group; and American Express, Co. are among the key mobile payment technologies market players profiled during the study. Several other major companies were studied and analyzed during this research study to get a holistic view of the mobile payment technologies market and its ecosystem.

Financial service companies are recognizing the importance of open banking initiatives and application programming interfaces. Traditional banks understand that they must improve their digital capabilities to compete in the sector and avoid being disintermediated by new entrants with superior offers and services. For instance, numerous financial services companies such as PayPal, Wells Fargo, and Visa are supporting Open Banking projects. Also, in Europe, Open Banking initiatives are progressively becoming the norm because banks are legally required to make account information accessible via APIs under the Revised Payment Services Directive (PSD2), effective from 2018. Open Banking APIs are significant assets for financial services organizations because they allow them to expand service offerings, boost client interaction, and create new digital income channels, which would offer a significant opportunity for the mobile payment technologies market to expand during the forecast period.

Speak to Research Expert - https://www.theinsightpartners.com/speak-to-analyst/TIPRE00003055

Based on technology, the mobile payment technologies market is further segmented into direct mobile billing, mobile web payment, SMS, interactive voice response system, mobile app, and others. By payment type, the mobile payment technologies market is categorized into B2B, B2C, and others. In terms of type, the mobile payment technologies market is divided into remote payment and proximity payment. From end use point of reference, the mobile payment technologies market is split into as hospitality & tourism sector, BFSI, media and entertainment, retail sector, health care, education, IT & telecommunication, and others.

Financial service companies are recognizing the importance of open banking initiatives and application programming interfaces. Traditional banks understand that they must improve their digital capabilities to compete in the sector and avoid being disintermediated by new entrants with superior offers and services. For instance, numerous financial services companies such as PayPal, Wells Fargo, and Visa are supporting Open Banking projects. Also, in Europe, Open Banking initiatives are progressively becoming the norm because banks are legally required to make account information accessible via APIs under the Revised Payment Services Directive (PSD2), effective from 2018. Open Banking APIs are significant assets for financial services organizations because they allow them to expand service offerings, boost client interaction, and create new digital income channels, which would offer a significant opportunity for the mobile payment technologies market to expand during the forecast period.

Quickly Purchase Premium Copy of Mobile Payment Technologies Market Growth Report (2022-2028) at: https://www.theinsightpartners.com/buy/TIPRE00003055/

Browse Adjoining Reports:

Digital Payment Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Component (Solutions and Services), Deployment (On-Premi           ses and Cloud-Based), Organization Size (Small and Medium Enterprises and Large Enterprises), and Industry (BFSI, Retail and Ecommerce, Healthcare, Travel and Hospitality, Media and Entertainment, IT and Telecom, and Others)

Contactless Payment Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Component (Hardware, Solution, Services); Industry Vertical (BFSI, Retail, IT and Telecom, Transportation, Hospitality, Government, Others) and Geography

Payment Processing Software Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Deployment (Cloud, On premise); Enterprise Size (SMEs, Large enterprises); Industry (BFSI, Automotive, IT and Telecom, Healthcare, Retail, Others) and Geography

Payment Security Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by Component (Solution, Service) ; Enterprise-Size (SMEs, Large Enterprise) ; Industry Vertical (Retail and E-commerce, Travel and Hospitality, Healthcare, Education, Media and Entertainment, Others) and Geography

Real-Time Payments Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Nature of Payment (P2P, P2B and B2P); Component (Solution, Services); Enterprise Size (Large Enterprises, SMEs) and Geography

Installment Payment Software Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Deployment Type (Cloud Based, Web Based); Organization Size (Large Enterprises, SMEs) and Geography

Wearable Payments Devices Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Device Type (Fitness Tracker, Payment Wristbands, Smart Watches); Technology (Barcodes, Contactless Point of Sale (POS) Terminals, Near Field Communication (NFC), Quick Response (QR) Codes, Radio Frequency Identification (RFID)); Application (Festival and Life Events, Fitness, Healthcare, Retail, Transportation, Others) and Geography 

Payment HSMs Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (PCI Based, USB Based, Network Based); Applications (Code and Document Signing, Secure Sockets Layer (SSL) and Transport Layer Security (TLS), Authentication, Database Encryption, PKI or Credential Management, Others); End User (BFSI, Government, Technology and Communications, Manufacturing Industry, Energy and Utilities, Retail and Consumer Products, Others) and Geography

Contactless PoS Terminal Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Component (Hardware, Software); Devices (Portable PoS Terminal, Fixed PoS Terminal); Technology (Mobile NFC, Smart-Card, Biometric, Others); End User (Retail, BFSI, Education and IT, Transportation and Logistics, Energy and Utility, Government, Defense, Healthcare, Hospitality) and Geography

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

Contact Us:
If you have any queries about this report or if you would like further information, please contact us:

Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
Press Release: https://www.theinsightpartners.com/pr/mobile-payment-technologies-market
Industry Research: https://www.biospace.com/employer/2309254/tip-knowledge-services-pvt-ltd-/


Adblock test (Why?)



"payment" - Google News
October 14, 2022 at 09:18PM
https://ift.tt/pmoKa5X

Mobile Payment Technologies Market Size to Hit $300+ Bn, Globally, by 2028 Growing at 32+% CAGR | Exclusive Report by The Insight Partners - GlobeNewswire
"payment" - Google News
https://ift.tt/TkVedmS
https://ift.tt/VIA34aB

Bagikan Berita Ini

0 Response to "Mobile Payment Technologies Market Size to Hit $300+ Bn, Globally, by 2028 Growing at 32+% CAGR | Exclusive Report by The Insight Partners - GlobeNewswire"

Post a Comment

Powered by Blogger.