Where the mobile money market has hitherto been dominated by companies such as Fortumo OÜ, Boku, Inc., WePay, Inc., Square, Inc., and Paypal, the competition is building up dramatically with the advent of new players such as Dwolla, Inc., Bango.net, and Judo payments. According to Transparency Market Research (TMR), the market leaders controlled by about 40% of the global mobile money market in 2015.
The way ahead for companies wanting to fortify their presence in the market, ... Read more
The global mobile money market is currently witnessing intense competition, which is expected to intensify further with the entry of new players in the coming years. As per a new study by Transparency Market Research (TMR), Square, Inc., PayPal Holdings, Inc., Boku, Inc., WePay, Inc., and Fortumo OÜ are some of the leading market players. These companies held nearly 40% of the global market in 2015.
The global mobile money market is currently witnessing intense competition, which is expected to intensify further with the entry of new players in the coming years. As per a new study by Transparency Market Research (TMR), Square, Inc., PayPal Holdings, Inc., Boku, Inc., WePay, Inc., and Fortumo OÜ are some of the leading market players. These companies held nearly 40% of the global market ... Read more
"Mobile Money Market: Global Industry Analysis and Opportunity Assessment 2017-2027" is the latest addition to MarketResearchReports.Biz industry research reports collection.
The main objective of this report is to aid the user in understanding the market “ Mobile Money ” as a whole, its definitions, segmentation, market potential, influential trends, and the barriers that it is facing. Meticulous research and analysis were an important part of the ... Read more
The business intelligence report from TMR is an all-important tool that enables vendors to discover growth opportunities, and undertake strategic planning to tap into these opportunities. The valuable facts, figures, and statistical information provided is compiled based on extensive primary and secondary research and insightful inputs received by industry experts.
Market Insights
The market research study from TMR discusses ... Read more
The global mobile money market is currently witnessing intense competition, which is expected to intensify further with the entry of new players in the coming years. As per a new study by Transparency Market Research (TMR), Square, Inc., PayPal Holdings, Inc., Boku, Inc., WePay, Inc., and Fortumo OÜ are some of the leading market players. These companies held nearly 40% of the global market in ... Read more
MarketsandMarkets expects the global Mobile Money market size to grow from USD 3.4 billion in 2019 to USD 12.0 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 28.7% during the forecast period. Mobile payments is an easy way to carry out transactions and people across the globe are adopting mobile money to reduce their dependence on cash while traveling. A rise in the number of payment transactions, banking values, and mobile penetration rate across the world are factors driving ... Read more
The major contributing factor for the growth of the market for Mobile Money can be the growth of mobile penetration. The majority of the population today use mobile devices for transactions, due to penetration of e-commerce, e-banking services, e-governance, and others.
Mobile Money Market Size – USD 23.12 Billion in 2020, Market Growth - CAGR of 36.42%, Market Trends – Growth in e-commerce.
