|
(Wireless-NewsWire.Com, April 28, 2017 ) Technological advancement in mobile devices, indispensable requirement to have ubiquitous access to financial solutions, rising use of non-cash payments, creation of new business avenues for stakeholders, evolving demographic needs across regions, rising use of mobile money services across businesses are some of the driving forces in the mobile money market.
Download PDF Brochure - http://www.marketsandmarkets.com/pdfdownload.asp?id=577
Mobile apps to play a key role in the mobile money market by 2021
Mobile apps are expected to have the largest market share in the mobile money market during the forecast period. Mobile apps market share is expected to rise because these are built on software which are compatible for use in smartphones and can be easily operated. Functions such as send, receive, and withdraw money as well as view account information and manage contacts can be done with these simple apps.
Person to business nature of payment expect to have the highest growth rate
In the nature of payment segment, the person to business sub-segment is expected to grow at the highest rate followed by business to business. This nature of payment is most prominently observed in case of e-commerce dealings, online shopping, bill payments, and air time transfers done over mobile devices. It is expected to grow at fast rate because the rate of transactions is high considering the high user base of the mobile-based ecommerce market.
Request For Sample Pages - http://www.marketsandmarkets.com/requestsample.asp?id=577
Asia-Pacific region expected to contribute the largest market share in the mobile money market
Asia-Pacific is expected to account for the largest market share in the mobile money market in the forecast period 2016–2021. This is because of large-scale acceptance of mobile money services by the users along with the escalating advancements in regulations and technologies benefitting all the stakeholders present in the mobile money ecosystem in this region with a vast number of mobile subscribers present in this region.
The major vendors in the mobile money market are Vodafone Group Plc, Gemalto, FIS, Google Inc., Mastercard Incorporated, Bharti Airtel Limited, Orange S.A., Monitise Plc, Mahindra Comviva, and PayPal.
For More Info - http://www.marketsandmarkets.com/Market-Reports/mobile-remittance-money-mcommerce-market-577.html
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
MarketsandMarkets
Mr. Rohan
1-888-600-6441
sales@marketsandmarkets.com
Source: EmailWire.Com 
|
