Bharat Book Bureau provides the report, on “Global Mobile Wallet Market Trends, Analysis and Forecast”. This report provides insights on the factors that are driving and restraining the demand globally as well as regionally. https://www.bharatbook.com/telecommunications-market-research-reports-760453/global-mobile-wallet.html
Bharatbook.com announces a report on “Global Mobile Wallet Market Trends, Analysis and Forecast”. The market attractiveness analysis provided in this report highlights key investing markets in the world.
Global mobile wallet market is expected to grow between 52% and 53% over the Forecast period from 2016 to 2021. Growing number of tablet computer and smartphone users has significantly created the platform for the mobile wallet companies to penetrate the global market. The Global mobile wallet market is expected to be primarily driven by Factors such as Trending offers and promotional activities by market players, increasing number of smartphone users and Customer shift towards electronic money. However, the growth in Global mobile wallet market is likely to be hampered by factors such as Security concerns among consumers lack of awareness in emerging markets and .
Government support for cashless transactions and electronic money to encourage the transparency of financial transactions is augmenting the market size of mobile wallet. Several international as well as domestic players operate in this market across countries in the world; however large players such as PayPal, Visa and MasterCard hold a significant market share in the global mobile wallet market. .Among the geographies Asia-Pacific is expected to be the largest market for mobile wallet market over the Forecast period from 2016 to 2021.
Furthermore, among the applications, Money Transfers segment is expected to grow at the highest CAGR over the Forecast period from 2016 to 2021 .The report covers the analysis of global as well as regional markets of mobile wallet market...