Mobile Payment Technologies Industry Sales Revenue, Comprehensive Plans, Growth Potential & Forecast 2020-2027 | Coronavirus Effects

 Market Highlights

The percolation of mobile technology is anticipated to create a promising scope for the mobile payment technologies market 2020. The information & communication technology industry reports are created by Market Research Future, which centers on market choices for expansion. An 88 billion income is projected by 2023 growing with 17% CAGR approximately in the forthcoming period.

The progress in digital payments is estimated to create a favorable scenario for the mobile payment technologies market share. The smartphone usage rate is projected to create a promising growth outlook for the mobile payment industry growth in the upcoming period. The progressive technologies such as artificial intelligence, cloud, IoT, and big data are anticipated to boost the market in the coming period.

Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/7367

Segmentation:

The segmental insight in the mobile payment technologies market includes segments such as vertical, solutions, organization size, deployment mode, and region. On the basis of solutions, the mobile payment technologies market is segmented into in-store payments, point-of sale (PoS) solutions, and remote payments. Based on the deployment, the mobile payment technologies market is segmented into on-premise, hybrid, and on-cloud. On the basis of organization sizes, the mobile payment technologies market is segmented into SMEs and large enterprises. On the basis of vertical, the mobile payment technologies market is segmented into IT & telecommunication, retail & e-commerce, BFSI, media & entertainment, among others. Based on the regions, the mobile payment technologies market is segmented into Europe, Asia-Pacific, North America, and the rest of the regions.

Detailed Regional Analysis

The regional assessment of the mobile payment technologies market includes regions such as Europe, Asia-Pacific, North America, and the rest of the regions. The North American region is guiding the mobile payment technologies market as it is one of the principal markets for smartphone usage after China, and the incidence of key companies such as BlueSnap, PayPal, Google, and Global Payments, among others. The Asia Pacific region is the next primary revenue-generating market of mobile payment technologies and is estimated to observe the fastest development rate throughout the forecast period. The emerging rate of digital technology, the growing rate of smartphone implementation, the growing adoption of online or mobile payment methods, and emerging payment set-up are some of the major factors which are driving the market further in the region.

Competitive Analysis

The market is anticipated to be driven by developments in technology in the upcoming period. The existing state of the economy is projected to spur the market demand in the future. The products and services in the market are fine-tuned to meet the consumer requirements favorably in the forecast period. The impediments to market success are swiftly and effectively being addressed so as to reduce the eventuality of a slump in the market. The availability of funding through strong backers in the market is predicted to enhance the market’s global standing further. The innovations in the market are being induced by effective research of consumer’s likings. The expansion of resources being used in the market is expected to be revolutionized with a sufficient allotment of resources. Government support for the market is anticipated to create new opportunities for growth. The market size is also projected to develop at an incremental pace in the forecast period.

The well-known players in the mobile payment technologies market are PayPal, Fiserv, First Data, PayU, Novatti, Paytm, Wirecard, Google, global payments, BlueSnap, Worldpay, Dwolla, Stripe, ACI Worldwide, Six Payment Services, and Paysafe among others.

Industry Updates:

Feb 2020 Fiserv Inc. recently stated that it is checking ground-breaking PIN on mobile technology with the support of Samsung Electronics Co., Visa Inc., and PayCore Inc., which permits merchants to receive payments on a consumer-grade mobile device.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/mobile-payment-technologies-market-7367

Mobile Payment Technologies Market, By Vertical (Entertainment, BFSI, Retail, Media, E-commerce), By Solution (QR Code, POS, NFC, Mobile Wallet, Mobile Banking, Internet Payment), By Deployment (Hybrid, On-Cloud) – Global Forecast till 2023

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:                                                                                    

Market Research Future

+1 646 845 9312

Email: sales@marketresearchfuture.com

 

Comments

Post a Comment

Popular posts from this blog

IT Asset Management Software Market Share, Growth Factors, Comprehensive Research, Analysis by Leading Companies with Forecast till 2027 | Coronavirus Effects

  Market Highlights The IT assets include the hardware component as well as the software component. IT asset management software has a prominent role in the growth strategy of an enterprise. It helps the senior level management to make accurate purchase decisions. IT asset management is also referred to as IT inventory management as it largely involves the collection of information, regarding hardware and software used in an organization. The IT asset management software market is estimated to reach a valuation of USD 3 Bn towards the end of 2023. The software has developed a significant role in devising growth strategies of enterprises which is likely to accelerate its adoption over the next couple of years. Additionally, the reduced cost of software licensing by relocating non-utilized resources is expected to fuel the growth of the market. IT asset management can be categorized as hardware asset management, digital asset management, and software asset management. Get a F...
Read more

Intelligent Railway Transport System Market Key Findings, Regional Analysis, Top Key Players, Profiles and Future Prospects | Impact of COVID-19

  Market Scenario: The intelligent railway transport system facilitates the use of information technology for managing the services provided by the railways. The railway relies on the radio network and the GPS system for effective implementation of intelligent transport system. The intelligent railway transport system market is majorly driven by its ability of providing high security for the passengers and the high service quality to the customers. The market will also grow with the increase in adoptions of internet of things technology in the railway system. The increasing trend of internet services is contributing in the growth of Intelligent Railway Transport System Market. The increasing use of rail transport among all modes of transportation has created an effective and timely management of services among others such as scheduling of trains. Whereas, the increased need for adoption of intelligent transport system in railways has made this possible and hence has increased the...
Read more

Network Slicing Market Research Report- Forecast till 2026

  Market Highlights The global network slicing market is projected to reach USD 1,936.67 million by 2026, registering a CAGR of 51.48% during the forecast period. In this report, Market Research Future (MRFR) includes the segmentation and dynamics of the network slicing market to offer a better glimpse into the coming years Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/10624 Segmentation: The global network slicing market has been segmented based on component, end user, application, and region Based on component, the global network slicing market has been segmented into solution and services. The services segment is further sub-divided into professional and managed services. The solution segment is expected to account for a significant market share over the projected period. The increasing adoption of network slicing solutions in the market for delivering high-speed network coverage services across various end users contributes to the growth of...
Read more