Industry Forecast on India Mobile Wallet Market Upto 2016-2022
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- Date Submitted: 11/23/2015 10:39 PM
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Market reports on India presents the latest report on “Industry Forecast on India Mobile Wallet Market upto 2016-2022” http://www.marketreportsonindia.com/consumer-goods-market-research-reports-13388/india-mobile-wallet.html The report thoroughly covers the market by verticals, applications, devices used and regions.
24th Nov 2015, – Navi Mumbai, India: Market reports on India presents the latest report on “Industry Forecast on India Mobile Wallet Market upto 2016-2022”. The report provides unbiased and detailed analysis of the on-going trends, opportunities/ high growth areas, market drivers.
India has emerged as one of the fastest growing mobile wallet markets in the Asia Pacific region. In financial year 2014-15 alone, m-wallet transactions registered a swashbuckling growth of more than 130% as compared to previous year. Thanks to increasing penetration of smartphones & tablets, gaining consumer confidence and surging mobile internet subscribers are providing necessary boost to the market.
India Mobile Wallet market is projected to generate $11.5 billion by 2022. Reserve Bank of India expected measures to increase the mobile wallet limit and players investing heavily in the marketing campaigns would further fuel the growth of the market. Telecom and broadcasting vertical is the leading revenue contributor in the overall market followed banking vertical. In the forecast period, banking vertical is expected to grow with fastest CAGR amongst all verticals. In application market, recharge application captured lion share of the market.
“India's Mobile wallet Market (2016-2022)” provides in-depth analysis with 53 figures and 3 tables covered in more than 100 pages. The report thoroughly covers the market by verticals, applications, devices used and regions. The report provides unbiased and detailed analysis of the on-going trends, opportunities/ high growth areas, market drivers, which would help stakeholders to device and align market strategies...
24th Nov 2015, – Navi Mumbai, India: Market reports on India presents the latest report on “Industry Forecast on India Mobile Wallet Market upto 2016-2022”. The report provides unbiased and detailed analysis of the on-going trends, opportunities/ high growth areas, market drivers.
India has emerged as one of the fastest growing mobile wallet markets in the Asia Pacific region. In financial year 2014-15 alone, m-wallet transactions registered a swashbuckling growth of more than 130% as compared to previous year. Thanks to increasing penetration of smartphones & tablets, gaining consumer confidence and surging mobile internet subscribers are providing necessary boost to the market.
India Mobile Wallet market is projected to generate $11.5 billion by 2022. Reserve Bank of India expected measures to increase the mobile wallet limit and players investing heavily in the marketing campaigns would further fuel the growth of the market. Telecom and broadcasting vertical is the leading revenue contributor in the overall market followed banking vertical. In the forecast period, banking vertical is expected to grow with fastest CAGR amongst all verticals. In application market, recharge application captured lion share of the market.
“India's Mobile wallet Market (2016-2022)” provides in-depth analysis with 53 figures and 3 tables covered in more than 100 pages. The report thoroughly covers the market by verticals, applications, devices used and regions. The report provides unbiased and detailed analysis of the on-going trends, opportunities/ high growth areas, market drivers, which would help stakeholders to device and align market strategies...