M-Commerce Payment Market size is expected to reach nearly US $ 52.41 Bn by 2029 with the CAGR of 16.5% during the forecast period.
Market Overview:
The market research study M-Commerce Payment investigates and assesses the market’s position during the forecast period. It is comprehensive research that focuses on primary and secondary drivers, market share, leading segments, and regional analysis. The study also examines prominent persons, big partnerships, mergers, and acquisitions, as well as current innovation and corporate strategy.
Market Scope:
“Furthermore, we have an in-house data forecasting system that forecasts market growth until 2029. Extensive primary research was conducted to obtain information and verify and validate key numbers. Following the completion of market engineering, which included calculations for market statistics, market size estimations, market projections, market breakdown, and data triangulation, we looked at the M-Commerce Payment Market from every perspective possible, using both primary and secondary research methodologies. Top-down and bottom-up strategies, as well as several data triangulation procedures, were often used throughout the market engineering process to perform market estimating and forecasting for the overall market segments and sub-segments discussed in this research. This increased our understanding of current market dynamics such as supply-demand imbalances, pricing trends, product preferences, and customer habits, among other things. In order to give vital information throughout the report, extensive qualitative and quantitative analysis is done on all data gathered throughout the market engineering process.”
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Segmentation:
The near field communication (NFC) market was worth USD xx Mn. in 2021 and is projected to grow at a CAGR of to USD Mn. by 2029. Samsung Pay, Apple Pay, and Google Pay are among the digital wallets that use near field communication (NFC) for contactless card readers, and this is expected to drive the growth of the mobile commerce sector. Using close-proximity radio regularity identification, NFC phones can connect with NFC-enabled card readers. The mobile phones must be a few inches away from the terminal but should not touch it in order to transmit money.
by Transactions
• M-Retailing
• M-ticketing/booking
• M-billing
• Other M-Commerce Services
by Payment Modes
• Near Field Communication (NFC)
• Premium SMS
• Wireless application protocol (WAP)
• Direct Carrier Billing
by End User
• Smart device users
• Feature phone users
Key Players:
“The core study included in-depth interviews with key thought leaders and industry specialists such as seasoned front-line employees, CEOs, and marketing personnel. Primary research comprised in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff and marketing personnel, while secondary research included a review of the main manufacturers’ annual and financial reports. Primary and secondary research are used to identify industry leaders, and primary and secondary research are used to estimate market revenue. In-depth interviews with important thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing personnel were conducted as part of the primary study. Secondary data is utilized to compute percentage splits, market shares, growth rates, and global market breakdowns, which are then checked using primary data. The players highlighted in this report are as follows:”
• Ericsson
• Gemalto
• Jack Henry & Associates Inc
• Google Inc.
• IBM Corp.
• Mastercard Inc.
• Mopay AG
• ACI Wrldwide, Inc.
• Oxygen8
• Fiserv, Inc.
• Paypal
• SAP AG
• Visa Inc.
• Samsung Electronics Company Limited
• Square, Inc
• Fidelity National Information Services, Inc.
• Apple Inc
• Alphabet Inc
• DH Corporation
• Fiserv, Inc.
• Jack Henry & Associates Inc.
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Regional Analysis:
The research includes both qualitative and quantitative data and provides an in-depth look into the M-Commerce Payment industrial sector by region. It provides an overview and prediction of the global M-Commerce Payment market segment by segment. It also projects and estimates the market size for five key regions from 2022 to 2029: North America, Europe, Asia-Pacific, the Middle East, Africa, and South America. The M-Commerce Payment market in each area is further segmented into regions and sectors. The research studies and anticipates a wide range of nations, as well as current trends and opportunities in the sector.
COVID-19 Impact Analysis on M-Commerce Payment Market:
We investigated and analyzed the Global M-Commerce Payment Business Expansion Strategy post-COVID-19, by organizational strategic analysis, landscape, category, utilization, and leading countries, which encapsulates and analyses the global M-Commerce Payment industry’s potential, providing statistical data on market trends, growth regulators, major challenges, PORTER analysis, and market entry strategy analysis, prospects, and forecasts. The primary goal of the study is to provide industrial enterprises with a strategic analysis of COVID-19’s impact. Simultaneously, this research examined key nations’ marketplaces and emphasized their market potential in post-pandemic situations.
Key Questions Answered in the M-Commerce Payment Market Report are:
- What are the most promising high-growth opportunities in the global M-Commerce Payment sector, as defined by product category, End User, and Region?
- Which M-Commerce Payment market segments will expand the fastest, and why?
- Which regions will have the fastest growth, and why?
- What are the primary elements influencing M-Commerce Payment market dynamics? What are the primary drivers and obstacles in the M-Commerce Payment market?
- What are the M-Commerce Payment market’s weaknesses and threats?
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