Mobile Money Market size was valued at US$ 4.91 Bn. in 2021 and the total revenue is expected to grow at 26 % through 2021 to 2029, reaching nearly US$ 31.21 Bn.
Mobile Money Market Overview:
The Mobile Money Market Research Report includes a comprehensive analysis of strategy, micro and macro market trends and scenarios, price analysis, and short-term market conditions, as well as a close examination of significant competitors. The primary and secondary market drivers, market share, important market categories, and regional market analysis are all covered in this report. The Maximize Market Research, an Mobile Money market research firm, has served more than 600 clients across the world since 2017.
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Market Scope
In the Mobile Money market report, the forecast period is considered from 2021 to 2029, and 2021 is a based year. 2020 market size in terms of value and volume is estimated on real numbers and outputs of the prominent players across the globe. The year 2020 is an exception and is analysed specifically with the impact of the region.
The qualitative and quantitative data in the Mobile Money market report assist decision-makers in determining which market segments, regions, and variables driving the market are likely to develop at higher rates, as well as major opportunity areas.
Segmentation:
By Payment Type, proximity payments have a 57% market share in 2021. Proximity payments are made via mobile phones and point-of-sale equipment. Nowadays, many businesses have applications that support proximity payments. Proximity payments are specifically enabled for short distances and function if both the payer and the payee are in the same place.
Mobile money is being included into a wider spectrum of mobile-based health interventions (mHealth) by the market, paving the way for the upkeep of mHealth apps that mainly rely on donor funding. The healthcare system in poor nations is primarily reliant on financial exchanges. Cash transactions for business transactions lead to inefficiencies, leakage, and security concerns. Cash is frequently used by patients to cover costs such as hospital services, pharmacy drugs, health insurance fees, and travel to appointments.
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Key Players:
• Vodafone
• Google
• Orange
• FIS
• PayPal
• MasterCard
• Fiserve
• Airtel
• Gemalto
• Alipay
• MTN
• PAYTM
• Samsung
• VISA
• Tencent
• Global Payments
• Square
• Amazon
• Apple
• Western Union Holdings
• Comviva
• T- Mobile
The report looks at the most recent notable breakthroughs in the Mobile Money market, as well as the major producers and inventors.
Vendors can examine the competitive landscape from the perspectives of market, application, and geography, as well as determine whether current capabilities and future growth prospects are appropriate, using the Competition Strategy window.
Mobile Money Market Regional Analysis
The global level report for Mobile Money market provides the detailed region wise share distribution along with the demand growth factors in that particular region. Mobile Money Region dominated the Mobile Money Market in 2021 and is expected to witness significant growth during the forecast period investigations. The region portion of the research also provides key market influencing aspects and changes in market regulation that impact the market’s current and future trends.
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Key Questions answered in the Mobile Money Market Report are:
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Mar 07, 2023