Click here to close now.




















Welcome!

API Journal Authors: Elizabeth White, Carmen Gonzalez, Liz McMillan, AppDynamics Blog, Vormetric Blog

News Feed Item

Global Mobile Wallet Market: Reports and Intelligence

PORTLAND, Oregon, April 1, 2014 /PRNewswire/ --

Mobile wallet market set to register 127.5% CAGR in next seven years on account of growing smartphonesadoption. 

Reports and Intelligence today added a new study on "Mobile Wallet Market (Applications, Mode of Payment, Stakeholders and Geography) - Global Share, Size, Industry Analysis, Trends, Opportunities, Growth and Forecast, 2012 - 2020" (http://www.reportsandintelligence.com/mobile-wallet-market) to their offerings and is now available for purchase.

The analysts of the report predict that the mobile wallet market will witness an exponential growth during 2013 and 2020 to be worth $5.3 trillion in 2020; registering a CAGR of 127.5% during the forecast period. Mobile network operators will be most benefitted with wave and will bag largest chunk of the revenue, while OSS/BSS solution providers, handset and other hardware solution manufacturers, software developers and cloud computing companies, and content and applications aggregators will have their chunk of shares. The key vendors who have established their dominance include, ISIS, MasterCard Inc., PayPal Inc., and Visa Inc., American Express Serve, Citibank NA and Google Inc.

Strides in mobile phone technology have increased the scope of mobile wallet market. Its scope is further expected to increase due to continuous research and developments in the smartphone technology and enhanced security levels. Increasing forays of Smartphones in developing countries and widespread popularity in developed countries are working in the favor of global mobile wallet market. Further, the mobile wallet market would grow exponentially due to inclination of consumers and retailers for NFC (Near Filed Communication).

Mobile wallet is handy to use and also accessible anytime, anywhere. Apart from providing economical transaction facility, it also helps users to maintain account details. However, factors such as security, high investment cost, lack of technological understanding by consumers would prove to be detrimental for mobile wallet market.  Even though such limitations work against the growth of the market, many industry players are teaming up to study and provide an enhanced product in order to provide quality service to customers and fulfill their needs.

As per the report, global mobile wallet applications market is segmented based on mobile commerce, mobile coupons, mobile ticketing, micropayments and mobile transfers. Further, depending upon the mode of payment, the global mobile market consists of remote and NFC payments. Down the hierarchy, NFC mobile payment is categorized into NFC handsets, NFC tags and chips Micro SD, readers and NFC SIM/UICC card.

Also, global mobile wallet market stakeholders comprise of mobile network operators (MNOs), handset manufacturers, software developers, content applications and aggregators, OSS/BSS solution providers, and other stakeholders.

In terms of geographical locations, report segments global mobile wallet market into North America, EMEA, Asia Pacific and Latin America. Presently, Asia Pacific leads the global mobile wallet market, followed by EMEA and North America. Further, the report forecasts Asia Pacific region to have the highest share in global mobile wallet market during 2013 to 2020. This can be credited to factors such as increasing popularity of Smartphones, popularizing m-payments and m-banking and rising technological competence.

KEY BENEFITS OF THE REPORT 

  • This report provides market intelligence with respect to applications, mode of payment, stakeholders and geographies
  • Deep dive of top factors impacting the market growth
  • Value chain analysis, Porter's five forces, top investment pockets are analyzed and presented in detail in the report
  • SWOT analysis and strategic developments are included in the report for key players
  • Study the challenges and opportunities available in the mobile wallet market
  • Derive market estimates for mobile wallet market and its sub-segments
  • Analyze the key strategies adopted by major market players engaged in the market
  • Analyze the market factors in various geographic regions and understand business opportunities
  • Assess and rank the top factors that are expected to affect the growth of the market

MARKET SEGMENTS 

GLOBAL MARKET, BY APPLICATION 

  • Mobile Commerce Market
    • Mobile Wallet Shopping Market
    • Mobile Wallet Bill Payments Market
    • Mobile Wallet Hotel Booking and Payments Market
    • Mobile Wallet Entertainment and Event Pay Market
  • Mobile Ticketing Market
    • Rail, Metro and Bus Tickets
    • Airline Tickets and Boarding Passes
  • Mobile Coupons Market
  • Mobile Transfers Market
  • Micropayments

GLOBAL MARKET, BY MODE OF PAYMENT 

  • Remote Payment
  • NFC Payment
  • NFC Product Market

GLOBAL MARKET, BY STAKEHOLDERS 

  • Mobile Network Operators (MNOs)
  • Handset and other Hardware Solution Manufacturers
  • OSS/BSS Solution Providers
  • Software Developers and Cloud Computing
  • Content and Applications Aggregators
  • Other Stakeholders

GLOBAL MARKET, BY GEOGRAPHY 

  • North America
  • Europe
  • Asia-Pacific
  • RoW

Explore more reports on ICT & Media market at: http://www.reportsandintelligence.com/information-and-communication-technology-and-media-market-report

This report is available at 15% discount till April 30, 2014. Use promo code PRN15APR at checkout to avail instant discount.

About Us: 

Reports and Intelligence is an online platform which brings you well researched reports with unparalleled quality anywhere. All those trying to find reports with proper analysis; we assure you to forget all the worries and needs as soon as you land on our website, because of a strong belief that we will carter to your needs exactly the way you want us to. Here you will discover research reports of diverse fields that will help your business explore new avenues.

Contact:
Sona Padman
5320 SW Macadam Avenue,
Suite 100,
Portland, OR 97239,
United States
+1-(855)-711-1555 (Toll Free)
+1-(617)-674-4143 (Int'l)
Email: [email protected]
Blog: http://reportsandintelligence.blogspot.com


SOURCE Reports and Intelligence

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
The Internet of Everything (IoE) brings together people, process, data and things to make networked connections more relevant and valuable than ever before – transforming information into knowledge and knowledge into wisdom. IoE creates new capabilities, richer experiences, and unprecedented opportunities to improve business and government operations, decision making and mission support capabilities.
The Internet of Things is not only adding billions of sensors and billions of terabytes to the Internet. It is also forcing a fundamental change in the way we envision Information Technology. For the first time, more data is being created by devices at the edge of the Internet rather than from centralized systems. What does this mean for today's IT professional? In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists addressed this very serious issue of profound change in the industry.
Discussions about cloud computing are evolving into discussions about enterprise IT in general. As enterprises increasingly migrate toward their own unique clouds, new issues such as the use of containers and microservices emerge to keep things interesting. In this Power Panel at 16th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists addressed the state of cloud computing today, and what enterprise IT professionals need to know about how the latest topics and trends affect their organization.
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that solve complex business challenges. HPM Networks has designed solutions for both SMB and enterprise customers throughout the San Francisco Bay Area.
For IoT to grow as quickly as analyst firms’ project, a lot is going to fall on developers to quickly bring applications to market. But the lack of a standard development platform threatens to slow growth and make application development more time consuming and costly, much like we’ve seen in the mobile space. In his session at @ThingsExpo, Mike Weiner, Product Manager of the Omega DevCloud with KORE Telematics Inc., discussed the evolving requirements for developers as IoT matures and conducted a live demonstration of how quickly application development can happen when the need to comply wit...
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at @ThingsExpo, James Kirkland, Red Hat's Chief Architect for the Internet of Things and Intelligent Systems, described how to revolutionize your archit...
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society-changing applications of the future? The technology won’t be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed. In his session at @ThingsExpo, Jason Mondanaro, Director, Product Management at Metanga, discussed how you can plan to cooperate, partner, and form lasting all-star teams to change the world and it starts with business models and monetization strategies.
Converging digital disruptions is creating a major sea change - Cisco calls this the Internet of Everything (IoE). IoE is the network connection of People, Process, Data and Things, fueled by Cloud, Mobile, Social, Analytics and Security, and it represents a $19Trillion value-at-stake over the next 10 years. In her keynote at @ThingsExpo, Manjula Talreja, VP of Cisco Consulting Services, discussed IoE and the enormous opportunities it provides to public and private firms alike. She will share what businesses must do to thrive in the IoE economy, citing examples from several industry sectors.
Growth hacking is common for startups to make unheard-of progress in building their business. Career Hacks can help Geek Girls and those who support them (yes, that's you too, Dad!) to excel in this typically male-dominated world. Get ready to learn the facts: Is there a bias against women in the tech / developer communities? Why are women 50% of the workforce, but hold only 24% of the STEM or IT positions? Some beginnings of what to do about it! In her Opening Keynote at 16th Cloud Expo, Sandy Carter, IBM General Manager Cloud Ecosystem and Developers, and a Social Business Evangelist, d...
There will be 150 billion connected devices by 2020. New digital businesses have already disrupted value chains across every industry. APIs are at the center of the digital business. You need to understand what assets you have that can be exposed digitally, what their digital value chain is, and how to create an effective business model around that value chain to compete in this economy. No enterprise can be complacent and not engage in the digital economy. Learn how to be the disruptor and not the disruptee.
Akana has released Envision, an enhanced API analytics platform that helps enterprises mine critical insights across their digital eco-systems, understand their customers and partners and offer value-added personalized services. “In today’s digital economy, data-driven insights are proving to be a key differentiator for businesses. Understanding the data that is being tunneled through their APIs and how it can be used to optimize their business and operations is of paramount importance,” said Alistair Farquharson, CTO of Akana.
Business as usual for IT is evolving into a "Make or Buy" decision on a service-by-service conversation with input from the LOBs. How does your organization move forward with cloud? In his general session at 16th Cloud Expo, Paul Maravei, Regional Sales Manager, Hybrid Cloud and Managed Services at Cisco, discusses how Cisco and its partners offer a market-leading portfolio and ecosystem of cloud infrastructure and application services that allow you to uniquely and securely combine cloud business applications and services across multiple cloud delivery models.
The enterprise market will drive IoT device adoption over the next five years. In his session at @ThingsExpo, John Greenough, an analyst at BI Intelligence, division of Business Insider, analyzed how companies will adopt IoT products and the associated cost of adopting those products. John Greenough is the lead analyst covering the Internet of Things for BI Intelligence- Business Insider’s paid research service. Numerous IoT companies have cited his analysis of the IoT. Prior to joining BI Intelligence, he worked analyzing bank technology for Corporate Insight and The Clearing House Payment...
In his keynote at 16th Cloud Expo, Rodney Rogers, CEO of Virtustream, discussed the evolution of the company from inception to its recent acquisition by EMC – including personal insights, lessons learned (and some WTF moments) along the way. Learn how Virtustream’s unique approach of combining the economics and elasticity of the consumer cloud model with proper performance, application automation and security into a platform became a breakout success with enterprise customers and a natural fit for the EMC Federation.
"Optimal Design is a technology integration and product development firm that specializes in connecting devices to the cloud," stated Joe Wascow, Co-Founder & CMO of Optimal Design, in this SYS-CON.tv interview at @ThingsExpo, held June 9-11, 2015, at the Javits Center in New York City.
SYS-CON Events announced today that CommVault has been named “Bronze Sponsor” of SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. A singular vision – a belief in a better way to address current and future data management needs – guides CommVault in the development of Singular Information Management® solutions for high-performance data protection, universal availability and simplified management of data on complex storage networks. CommVault's exclusive single-platform architecture gives companies unp...
Electric Cloud and Arynga have announced a product integration partnership that will bring Continuous Delivery solutions to the automotive Internet-of-Things (IoT) market. The joint solution will help automotive manufacturers, OEMs and system integrators adopt DevOps automation and Continuous Delivery practices that reduce software build and release cycle times within the complex and specific parameters of embedded and IoT software systems.
"ciqada is a combined platform of hardware modules and server products that lets people take their existing devices or new devices and lets them be accessible over the Internet for their users," noted Geoff Engelstein of ciqada, a division of Mars International, in this SYS-CON.tv interview at @ThingsExpo, held June 9-11, 2015, at the Javits Center in New York City.
Internet of Things is moving from being a hype to a reality. Experts estimate that internet connected cars will grow to 152 million, while over 100 million internet connected wireless light bulbs and lamps will be operational by 2020. These and many other intriguing statistics highlight the importance of Internet powered devices and how market penetration is going to multiply many times over in the next few years.
SYS-CON Events announced today that Dyn, the worldwide leader in Internet Performance, will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Dyn is a cloud-based Internet Performance company. Dyn helps companies monitor, control, and optimize online infrastructure for an exceptional end-user experience. Through a world-class network and unrivaled, objective intelligence into Internet conditions, Dyn ensures traffic gets delivered faster, safer, and more reliably than ever.