This Future Market Insights
report examines the Global mobile
payment transaction market for the period 2014- 2020. The primary
objective is to offer updates on the advancement in mobile
applications that has given rise to a futuristic technology: Mobile
Payment, which is significantly transforming the global payment
systems. Report also reveals the future business trends in mobile
payment systems and their transformative impacts across the value
chain.
The mobile payment is an
integrated system linked by various components of value chain which
typically includes the merchant, the consumer, the financial
institution involved and not to forget the payment gateway and the
telecom network.
The report starts with an
overview and evolution of the mobile payment system, and the changing
consumer behaviour across the globe.
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In the next section FMI covers
up Mobile Payment system market performance in terms of Value and
volume (number of transactions). This section additionally includes
FMI’s analysis of key trends, drivers, and restraints from a supply
side demand side and economy which are influencing the market. Impact
analysis of key growth drivers and restraints based on weighted
average model included in the report better equips and arms the
client with crystal clear decision making insights.
Mobile payment transaction are
done for variety of operations like for merchandise payments,
ticketing, money transfers, bill payments and many more. All these
applications areas are included in the study and scrutinized on the
basis of revenue generated by each of them and future growth
prospect. E commerce industry is mainly seen driving the market.
Following section of the
report analyses the mobile payment transaction market on the basis of
technologies used. The primary technologies covered under the scope
of report are Wireless Application Protocol, SMS, Unstructured
Supplementary Service Data (USSD) and Near Field Communication (NFC).
Study includes in detail analysis of key technologies along with the
attractiveness index.
The next section of the report
highlights, mobile payment transaction market by regions. It provides
a market outlook for 2014-2020 and sets forecast within the context
of mobile payment ecosystem, including the technologies to build a
completed picture at regional level. This study discusses the
regional key trends contributing to the growth of the mobile payment
system on worldwide basis well as analyses the degree at which global
drivers are influencing mobile payment transactions in each region.
For this report key regions assessed are North America, Latin
America, Western Europe, Eastern Europe, Asia Pacific excluding
Japan, Japan as a separate region, Middle East and North Africa.
All the above sections, by
technology, by application or by region evaluates the present
scenario and the growth prospect of mobile payment transactions
market for the period 2014-2020. The report considers 2014 as a base
year and provides data for the trailing 12 months.
To calculate the mobile
payment system market size, the report considers number of online
payment transactions conducted, and the fees incurred by respective
service providers. The forecast presented has assessed both value
and volume across the mobile payment transaction market. When
forecasting the mobile payment transaction market, the starting point
is sizing the current market, which forms the basis for the forecast
how market will develop in future. Given the characteristics of
market, we triangulated the outcome of three different analysis on
supplier side, demand side and economy. However forecasting the
market in terms of various mobile payment technologies, and
applications is more of quantifying expectations and identify
opportunities rather than rationalizing them after the forecast has
been completed.
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In addition, it is imperative
to note that in an ever-fluctuating global economy, we not only
conduct forecasts in terms of CAGR, but also analyse on the basis of
key parameters such as year-on-year (Y-o-Y) growth to understand the
predictability of the market and to identify the right opportunities
across the mobile payment transaction market.
About Us
Future Market Insights is the
premier provider of market intelligence and consulting services,
serving clients in over 150 countries. FMI is headquartered in
London, the global financial capital, and has delivery centres in the
U.S. and India.FMI’s research and consulting services help
businesses around the globe navigate the challenges in a rapidly
evolving marketplace with confidence and clarity. Our customised and
syndicated market research reports deliver actionable insights that
drive sustainable growth. We continuously track emerging trends and
events in a broad range of end industries to ensure our clients
prepare for the evolving needs of their consumers.
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