What is the market size for the ?

. <a href='https://www.technavio.com/report/global-internet-and-e-commerce-global-mobile-wallet-market-2017-2021'>Read More</a>

What is the CAGR for the ?

. <a href='https://www.technavio.com/report/global-internet-and-e-commerce-global-mobile-wallet-market-2017-2021'>Read More</a>

What is the growth rate of the market?

. <a href='https://www.technavio.com/report/global-internet-and-e-commerce-global-mobile-wallet-market-2017-2021'>Read More</a>

Which region held the largest market share in the market?

. <a href='https://www.technavio.com/report/global-internet-and-e-commerce-global-mobile-wallet-market-2017-2021'>Read More</a>

Who are the prominent players in the market?

. <a href='https://www.technavio.com/report/global-internet-and-e-commerce-global-mobile-wallet-market-2017-2021'>Read More</a>

Global Mobile Wallet Market 2017-2021

Q: What is the market size for the ?

. <a href='https://www.technavio.com/report/global-internet-and-e-commerce-global-mobile-wallet-market-2017-2021'>Read More</a>

Q: What is the CAGR for the ?

. <a href='https://www.technavio.com/report/global-internet-and-e-commerce-global-mobile-wallet-market-2017-2021'>Read More</a>

Q: What is the growth rate of the market?

. <a href='https://www.technavio.com/report/global-internet-and-e-commerce-global-mobile-wallet-market-2017-2021'>Read More</a>

Q: Which region held the largest market share in the market?

. <a href='https://www.technavio.com/report/global-internet-and-e-commerce-global-mobile-wallet-market-2017-2021'>Read More</a>

Q: Who are the prominent players in the market?

. <a href='https://www.technavio.com/report/global-internet-and-e-commerce-global-mobile-wallet-market-2017-2021'>Read More</a>

Published: Dec 2016
Pages: 69
SKU: IRTNTR11131

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Global mobile wallet market overview

Market research analysts at Technavio predict that the global mobile wallet market size and share will grow steadily during the next four years and post an impressive CAGR of more than 35% by 2021. This market research analysis identifies the increased use of m-commerce as one of the primary factors for the phone wallet market. The constantly rising number of smartphones across the globe and high internet penetration have resulted in the increased popularity of m-commerce among consumers. In addition to offering easy access to a variety of products even from remote locations, m-commerce also offers flexibility and easy payment services to customers. This enhances the brand recall value and benefits for vendors in the long-term. As a result, there will be an increased adoption of mobile phone wallets among m-commerce companies, which will drive the mobile wallet market growth in the coming years.

This market research and analysis estimates that in terms of geographical regions, APAC will be the major revenue contributor to the market by the end of the forecast period. Though EMEA currently accounts for the major market shares, factors such as the increasing penetration of smartphones and mobile internet, the rise in usage of mobile devices in developed countries such as Australia, Hong Kong, and Singapore, and the increased adoption of mobile wallet technology in the developing countries such as India and China will augment the market’s growth prospects in this region.