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Insights on the Mobile Payment Global Market (2022 to 2027) – Adoption of Mobile Payment Services in Emerging Countries Presents Opportunities


DUBLIN, April 27, 2022 /PRNewswire/ — The “Global Mobile Payment Market (2022-2027) by Pay Option, Purchase Type, Payment Type, Industry, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis” report has been added to ResearchAndMarkets.com’s offering.

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The Global Mobile Payment Market is estimated to be USD 4.23 Tn in 2022 and is expected to reach USD 15.75 Tn by 2027, growing at a CAGR of 30.07%.

Market dynamics are forces that impact the prices and behaviors of the Global Mobile Payment Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.



As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies’ recent development and competitive scenario. Some of the companies covered in this report are Alibaba Group, Bank of – America Corporation, eBay (PayPal Holdings, Inc.), MoneyGram International, Inc., Thales Group, etc.



Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of – Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of – Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA.
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.



Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Mobile Payment Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.



The analyst analyses Global Mobile Payment Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.



Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.



Why buy this report?

  • The report offers a comprehensive evaluation of the Global Mobile Payment Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst’s competitive positioning tool.

Key Topics Covered:



1 Report Description



2 Research Methodology



3 Executive Summary



4 Market Dynamics

4.1 Drivers

4.1.1 Increasing Penetration of Internet and Smartphones and Rising E-Commerce

4.1.2 Favorable Government Initiatives for Digitalise Payments

4.1.3 Increase in Adoption of Automated Payment Options – Direct Carrier Billing, Mobile Point of Sale(mPOS), Mobile Wallets, etc

4.2 Restraints

4.2.1 The Spending Limit for Contactless Payments by Government

4.3 Opportunities

4.3.1 Opportunity to Reduce Barriers for Cross-Border Payments

4.3.2 Adoption of Mobile Payment Services in Emerging Countries

4.4 Challenges

4.4.1 Closing the Gap Between the Awareness and Adoption of this Technology

4.4.2 Security Risk

4.4.3 Availability of Alternative



5 Market Analysis

5.1 Regulatory Scenario

5.2 Porter’s Five Forces Analysis

5.3 Impact of COVID-19

5.4 Ansoff Matrix Analysis



6 Global Mobile Payment Market, By Pay Option

6.1 Introduction

6.2 Mobile Wallet/Bank Cards

6.3 Mobile Money



7 Global Mobile Payment Market, By Purchase Type

7.1 Introduction

7.2 Airtime Transfer and Top Ups

7.3 Money Transfers and Bill Payments

7.4 Merchandise and Coupons

7.5 Travel and Ticketing

7.6 Others



8 Global Mobile Payment Market, By Payment Type

8.1 Introduction

8.2 Proximity Payment

8.3 Near Field Communication (NFC)

8.4 QR Code Payment

8.5 Remote Payment

8.6 Internet Payment

8.7 Direct Operator Billing

8.8 Digital Wallet

8.9 SMS Payment



9 Global Mobile Payment Market, By Industry

9.1 Introduction

9.2 Media and Entertainment

9.3 Retails and Ecommerce

9.4 BFSI

9.5 Automotive

9.6 Medical and Healthcare

9.7 Transportation

9.8 Consumer Electronics

9.9 Other



10 Americas’ Mobile Payment Market

10.1 Introduction

10.2 Argentina

10.3 Brazil

10.4 Canada

10.5 Chile

10.6 Colombia

10.7 Mexico

10.8 Peru

10.9 United States

10.10 Rest of Americas



11 Europe’s Mobile Payment Market

11.1 Introduction

11.2 Austria

11.3 Belgium

11.4 Denmark

11.5 Finland

11.6 France

11.7 Germany

11.8 Italy

11.9 Netherlands

11.10 Norway

11.11 Poland

11.12 Russia

11.13 Spain

11.14 Sweden

11.15 Switzerland

11.16 United Kingdom

11.17 Rest of Europe



12 Middle East and Africa’s Mobile Payment Market

12.1 Introduction

12.2 Egypt

12.3 Israel

12.4 Qatar

12.5 Saudi Arabia

12.6 South Africa

12.7 United Arab Emirates

12.8 Rest of MEA



13 APAC’s Mobile Payment Market

13.1 Introduction

13.2 Australia

13.3 Bangladesh

13.4 China

13.5 India

13.6 Indonesia

13.7 Japan

13.8 Malaysia

13.9 Philippines

13.10 Singapore

13.11 South Korea

13.12 Sri Lanka

13.13 Thailand

13.14 Taiwan

13.15 Rest of Asia-Pacific



14 Competitive Landscape

14.1 Competitive Quadrant

14.2 Market Share Analysis

14.3 Strategic Initiatives

14.3.1 M&A and Investments

14.3.2 Partnerships and Collaborations

14.3.3 Product Developments and Improvements



15 Company Profiles

15.1 Alibaba Group

15.2 Amazon.com, Inc

15.3 American Express

15.4 Company

15.5 Apple Inc.

15.6 Bank of America Corporation

15.7 eBay (PayPal Holdings, Inc.)

15.8 FIS

15.9 Google Llc

15.10 JPMorgan Chase & Co.

15.11 LevelUp

15.12 M Pesa(Vodafone Group)

15.13 Mastercard Inc.

15.14 MobiKwik Company

15.15 MoneyGram International, Inc.

15.16 One97 Communications (Paytm)

15.17 Oxigen Services Pvt.

15.18 PayU

15.19 Samsung Electronics Co., Ltd.

15.20 Square, Inc. (Block, Inc.)

15.21 Thales Group

15.22 Visa Inc.

15.23 WeChat (Tencent Holdings Limited)

15.24 ZIpCash



16 Appendix



For more information about this report visit https://www.researchandmarkets.com/r/myrcz2

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