Stratview Research delivers key insights on the global Mobile Payment Technologies Market. According to Stratview Research, the market 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), and Rest of the World [Brazil, Argentina, and Others]).
The report suggests that the overall mobile payment technologies market was 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.
Market Segments' Analysis
The 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.
The 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.
The following are some of the key players in the mobile payment technologies market:
- Ant Financial Service Group,
- Google Inc.,
- American Express,
- Mastercard International,
- Apple Inc.,
- AT & T In
FREQUENTLY ASKED QUESTIONS
The report answers several questions related to the market. The user can get to know the answers to the following questions…
- What is the global demand for mobile payment technologies market in terms of revenue?
- Which are the prominent players in the market?
- At what CAGR is the market projected to grow within the forecast period?
- What are the driving factors fuelling the growth of the market?
- Which region accounted for the largest share in the market?
- How did the Covid19 impacted the market?
- How long will it take to recover from the Covid impact?
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