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Can Consumer Mobile Payments Market Biggest Opportunity Could Also Be Its Biggest Problem?

By: SBWire

NJ New Jersey, USA -- (SBWIRE) -- 10/12/2022 -- Advance Market Analytics published a new research publication on "Consumer Mobile Payments Market Insights, to 2027" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Consumer Mobile Payments market was mainly driven by the increasing R&D spending across the world.
Some of the key players profiled in the study are:
Google LLC (United States), Samsung Group (South Korea), Inc. (United States), Apple Inc. (United States), PayPal Inc. (United States), MasterCard PLC (United States), Visa Inc. (United States), American Express Co. (United States), Mahindra ComViva (India), Orange SA (France).

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Scope of the Report of Consumer Mobile Payments
This fast-growing mobile phone penetration also brings with it increasingly sophisticated mobile devices, which outpace ordinary computers. Mobile payments can be a more convenient and portable means of payment than traditional payment methods because they eliminate the burden of carrying multiple plastic cards, coins and currency in a physical wallet Mobile commerce in Europe is expected to grow significantly over the next few years, with an average compound annual growth rate of 42%. In 2014, Europe experienced an all-time peak in mobile revenues and mobile transactions. According to a RetailMeNot forecast based on data from some EU countries, Europeans will be spending about Euro 45 billion via mobile devices in 2015; this currently corresponds to around 14% of all online purchases made in the EU and represents an increase of 88.7% compared to 2014. According to one study, this type of payment is up to 15 to 30 seconds faster than swiping a traditional card, signing the receipt, or entering a PIN code. That can be important to consumers, especially to those who value saving time highly, as well as being able to pay bills at any given location

The titled segments and sub-section of the market are illuminated below:
by Type (Remote (Peer-to-peer, M-commerce), Proximity (Near Field Communication, Barcode)), Application (Retail, Hospitality & Tourism, IT & Telecommunication, BFSI, Media & Entertainment, Healthcare, Airline, Others), Type of Mobile Pay (Mobile Wallet/Bank Cards, Mobile Money)

Market Trends:

- Increasing Number of Loyalty Benefits in Mobile Environment
- Upsurging Demand due to Increasing Inclination towards E-commerce


- Increasing Internet Penetration and Growing M-commerce Market
- Growing demand from developing countries


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.

Have Any Questions Regarding Global Consumer Mobile Payments Market Report, Ask Our Experts@

Strategic Points Covered in Table of Content of Global Consumer Mobile Payments Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Consumer Mobile Payments market
Chapter 2: Exclusive Summary – the basic information of the Consumer Mobile Payments Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Consumer Mobile Payments
Chapter 4: Presenting the Consumer Mobile Payments Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Consumer Mobile Payments 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/Company with revenue share and sales by key countries in these various regions (2021-2027)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

finally, Consumer Mobile Payments Market is a valuable source of guidance for individuals and companies.

Read Detailed Index of full Research Study at @

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

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Telephone: +15513331547
Email: Click to Email Praveen Kumar

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