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The bill splitting apps market size is forecast to increase by USD 423.6 million at a CAGR of 11.32% between 2023 and 2028. The growth of the market depends on several factors, including a rising number of online transactions, growth in the global travel and tourism sector, and a rising preference for bill splitting apps in household bill and rental payment applications. Bill splitting apps are smartphone applications that allow users to split bills among peers and link their credit or debit cards so that money can be sent instantly. This application is available on both the Android and IOS platforms. This application works by listing the expenses, dividing shared items, specifying the tax and tip amounts, tracking receipts and past bills, paying bills or rent, and dividing the expenses among people. Some of the newly introduced bill splitting apps have features such as integrated notifications, uneven splitting of bills, recurring costs, tips, taxes, and more, thereby making them a preferred choice among multiple groups of individuals for both personal and commercial applications. This market research and growth report also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Platform
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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