Mobile Wallet Market Size, Share, Growth & Trends 2032

Mobile Wallet Market Insights

A latest report by Market Research Store estimates that the Global Mobile Wallet Market was valued at USD 231.28 Billion in 2023 and is expected to reach USD 839.43 Billion by 2032, with a CAGR of 15.4% during the forecast period 2024-2032. The report Mobile Wallet Market overview, growth factors, restraints, opportunities, segmentation, key developments, competitive landscape, consumer insights, and market growth forecast in terms of value or volume. These structured details offer an all-inclusive market overview, providing valuable insights for investment decisions, business decisions, strategic planning, and competitive analysis.

The report covers forecast and analysis for the Mobile Wallet market on a global and regional level. The study provides historic data of 2014 along with a forecast from 2015 to 2020 based on revenue (USD billion). The study includes drivers and restraints for the mobile wallet market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the mobile wallet market on a global level.

In order to give the users of this report a comprehensive view on the mobile wallet market, we have included a detailed value chain analysis. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the mobile wallet market has also been included. The study encompasses a market attractiveness analysis, wherein product segments and application segments are benchmarked based on their market size, growth rate and general attractiveness.

Mobile Wallet Market: Report Scope

The study provides a decisive view on the mobile wallet market by segmenting the market based on applications. All the application segments have been analyzed based on present and future trends and the market is estimated from 2014 to 2020. Key product segments covered under this study includes near file communication (NFC) and remote payment. Key application market covered under this study includes retail payments, vending machines, public transportation, grocery stores, and restaurants. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and Rest of the World with its further bifurcation into major countries including U.S. Germany, France, UK, China, Japan, India and Brazil. This segmentation includes demand for mobile wallet based on individual applications in all the regions and countries.

Key industry participants analyzed and profiled in this study includes:

• American Express
• Apple Inc.
• MasterCard
• Visa
• AT&T
• Sprint
• First Data
• BlackBerry
• Samsung
• Google and others.

The report segments the global mobile wallet market as:

Mobile Wallet Market: Product Segment Analysis

• Near field communication (NFC)
• Remote payments

Mobile Wallet Market: Application Segment Analysis

• Retail payments
• Vending machines
• Public transportation
• Grocery stores
• Restaurants

Mobile Wallet Market: Regional Segment Analysis  

• North America
  • U.S.
• Europe
  • Germany
  • UK
  • France
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East & Africa

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