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M-Payment Market is Booming Worldwide | Google, Apple, Paypal


M-Payment Market is

iCrowdNewswire   Nov 12, 2020  6:40 PM ET

Latest released the research study on Global M-Payment Market, offers a detailed overview of the factors influencing the global business scope. M-Payment Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the M-Payment. The study covers emerging player’s data, including: competitive landscape, sales, revenue and global market share of top manufacturers are Google (United State), Orange (France), Apple (United State), Paypal (United State), Mastercard (United State), One97 Communications (Paytm) (India), Bharti Airtel (India), VISA (United State), Amazon (United State), FIS (United State), PayOne ( Germany), PayU (The Netherland), Fiserve (United State), Airtel (India), Gemalto (Netherlands), Vodafone (United Kingdom), Alipay (China) and Samsung (South Korea).

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Definition:

M-Payment is a method of money payment that is made for a product or service through a portable electronic device such as a tablet or smartphone. This technology can also be used to send money to friends or family members, by using applications such as PayPal, Google Pay, Paytm and many more. The companies are thoroughly investing in mobile payment technology, owing to significant growth in the industry. For instance, in the Indian market, Mobile payments mechanize payment systems instead of paying with cash, cheque, or credit cards. Moreover, it is observed that the digital payments market in India is currently fastened at USD 200 billion and expected to reach USD 1 trillion by 2023 and has made the market grow at its fullest speed.This growth is primarily driven by The quickly cumulative global economy, particularly mobile phones (smartphones) have become an essential product for an individual or personnel. Similarly, the rising consumption of the internet has also become part and parcel of life for many people. Of late this has increased the penetration of smartphones and internet users all over the world driving the growth of the M-Payment market..

Market Drivers

Market Trend

Restraints

Opportunities

An increasing number of omnichannel vendors present all over the world and majorly in Asia-Pacific countries, such as India and China, the scenario is expected to more boost to the M-Payment market.

Challenges

Issue Related to the Loss of the Mobile Device Configured with Financial Details is a Credible Concern, Lack of Awareness and Low Adoption of M-Payment Technology and Diversified Regulations and Policies Present Across Regions

The Global M-Payment Market segments and Market Data Break Down are illuminated below:

by Type (Proximity Payment, Remote Payment), Application (Travel and Ticketing, Banking, Food and Beverages, Money transfers, Bill Payments, Airtime Transfer and Top-Ups, Merchandise and Coupons, Others), Mobile Pay (Mobile Money, Mobile Wallet/Bank Cards), Nature of Payment (Person to Person (P2P), Person to Business (P2B), Business to Person (B2P), Business to Business (B2B)), End-Users Industry (BFSI, IT and Telecommunication, Retail, Healthcare, Government, Media and Entertainment, Transportation and Logistics, Other End-user Industries), Devices (Smartphones, Tablets, Laptops, Others), Transaction Types (Near Field Communication (NFC), Direct, Wireless Application Protocol (WAP) (Direct operator billing, Online Wallets, Credit Card), QR Code Payments, Cloud-Based Mobile Payment, Short Message Service (SMS), Others)

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Analyst at AMA have conducted special survey and have connected with opinion leaders and Industry experts from various region to minutely understand impact on growth as well as local reforms to fight the situation. A special chapter in the study presents Impact Analysis of COVID-19 on Global M-Payment Market along with tables and graphs related to various country and segments showcasing impact on growth trends.

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

What benefits does AMA research study is going to provide?

Strategic Points Covered in Table of Content of Global M-Payment Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the M-Payment market

Chapter 2: Exclusive Summary – the basic information of the M-Payment Market.

Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the M-Payment

Chapter 4: Presenting the M-Payment Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying market size by Type, End User and Region 2014-2019

Chapter 6: Evaluating the leading manufacturers of the M-Payment market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries (2020-2025).

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, M-Payment Market is a valuable source of guidance for individuals and companies in decision framework.

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Key questions answered

Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

About Author:

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Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enable clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.

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Keywords:    M-Payment Market Size, M-Payment Market Share, M-Payment Market Trends, M-Payment Market Growth, M-Payment Market Analysis, M-Payment Market Forecast, M-Payment Market Opportunity

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