Mobile Payment Market 35.55% CAGR Grow to 2021

Press Release   •   Aug 22, 2017 00:52 EDT

This report covers the present scenario and the growth prospects of the Global Mobile Payment Market for 2017-2021. To calculate the market size, the report considers mobile payment transaction values.

The market is divided into the following segments based on geography:




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The analysts forecast Global Mobile Payment Market to grow at a CAGR of 35.55% during the period 2017-2021. One trend in the market is cloud-based mobile payment solutions. Cloud-based mobile payment solutions are gaining momentum worldwide, owing to the rise in the technological innovations that provide customers with the capabilities to use digital wallets. Technological convenience is also increasing at a faster pace. Cloud-based mobile payment solutions offer new levels of convenience.””

About Mobile Payment

Mobile payments are the payments made using mobile devices such as cell phones or tablets, using mobile money or mobile wallets. Technological innovations and rapid technological advances are changing the way people connect with each other and manage their finances. With the advent of mobile banks, users are able to conduct monetary transactions with ease. Mobile banking is an affordable alternative to the traditional banking ways.

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This report, Global Mobile Payment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Market driver

Increasing use of mobile devices

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Market challenge

Security of mobile payment apps

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Market trend

Cloud-based mobile payment solutions

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Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

Browse full table of contents and List of Exhibits at http://www.rnrmarketresearch.com/global-mobile-payment-market-2017-2021-market-report.html

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