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(Wireless-NewsWire.Com, January 12, 2017 ) Even though organizations within telecom industry are concerned about security and privacy issues and lack of awareness about mobile money, increasing penetration of smartphones and internet, preference for cashless transactions and growing e-commerce will push mobile money usage over the next two years. Globally, investment on mobile money services is anticipated to increase by 22.2% during the next two years which will result in revenue share of mobile money reaching towards 9% in the coming two years. Asia and Africa are expected to offer significant growth for mobile money over the next two years with technological innovation and focus on interoperability emerging as prominent trends.
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Key Findings
Organizations prefer to provide bill payment and airtime top-up using mobile money as compared to other services
Globally, investment on mobile money services is anticipated to increase by 22.2% over the next two years
Increasing penetration of smartphones and internet, and preference for cashless transactions will drive mobile money usage during the next two years
Technological innovation and increasing focus on interoperability will significantly impact mobile money in the coming two years
Asia and Africa are expected to offer significant growth for mobile money over the next two years
Security and privacy concerns will restrict the growth prospects of mobile money during the next two years
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Table of Contents
Introduction
Acronyms and definitions
Methodology, sample size and key points
Profile of respondents
Product adoption status, revenue share projections and investment outlook
Organizations status on mobile money product offerings 11 Projected change in investment on mobile money services over the next two year
Expected contribution by mobile money towards overall revenue during the next two years
Key drivers, challenges and growth prospects
Major factors influencing mobile money usage over the next two years
Trends expected to significantly impact mobile money during the next two years
Expected change in growth prospects of product offerings over the next two years
Regional growth outlook for mobile money over the next two years
Barriers towards future growth outlook of mobile money
Appendix
List of Table
Distribution of survey respondents by region, 2015
Distribution of survey respondents by company type, 2015
Distribution of survey respondents by size (turnover), 2015
Distribution of survey respondents by position, 2015
Current adoption and future plans around mobile money services, 2015–2016
Top five mobile money services in North America and Latin America as measured by the sum of respondents currently using
and respondents planning to adopt each type of mobile money service, 2015–2016
Top five mobile money services in Europe, Asia and Middle East/Africa as measured by the sum of respondents
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