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Mobile Wallet and Payment Tech Market By Application(Micropayment, Mobile Ticketing, Money Transfer, Mobile Coupon, Mobile Commerce) By Mode of Payment (Remote Payment, Near - Field Communication) - Global outlook Analysis and Industry Forecast, 2018-2023.


Report Overview

Global Mobile Wallet & Payment Tech Market was valued at USD 114.25 Billion in the year 2017. Global Mobile Wallet & Payment Tech Market is further estimated to grow at a CAGR of 40.37% from 2018 to 2023 to reach USD 874.11 Billion. North America region holds the highest market share in 2017 and Asia-Pacific market is considered as the fastest growing market in the forecasted period. At a country level, developed markets like the U.S. as well the emerging markets like China & India with highest population base holds the notable market share in 2017 and it is projected to grow at a gradual rate in the coming years.

Deutsche Telekom AG (Germany), Paypal Holdings Inc (US), Apple Inc. (US), At&T Inc. (US), Vesta Corp. (US), are some of the key players in the Mobile Wallet & Payment Tech market with Paypal Holdings Inc holding the substantial market share because of its better global presence both at production and at an operational level. Rising research and development expenses to cater changing demand of end users, similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.


             Increasing number of smartphone users

             Introduction of high-speed internet services


             Resistance to change


             The Rise of Bluetooth in transactions


             Lack of knowledgeable customers

Amongst mode of Payment, Remote Payment type is holding highest market share because of the growing popularity and easy accessibility during the forecast period.

The Near - Field Communication Devices segment is also expected to grow at the highest CAGR during the year 2018-2023.

Key Benefits for Stakeholders

Mobile Wallet & Payment Tech Manufacturers, Distributors and Retailers

Research and Consulting organization

Technology Standards Organizations, Forums, Alliances and Associations

End-use industries

Regulatory bodies, policy actors, and consumers.

By Application


Mobile Ticketing

Money Transfer

Mobile Coupon

Mobile Commerce

By Mode of Payment

Remote Payment

Near - Field Communication

By Region

North America




Key Market Players

Deutsche Telekom AG (Germany)

Paypal Holdings Inc (US)

Apple Inc. (US)

At&T Inc. (US)

Vesta Corp. (US)

Fidelity National Information Services Inc. (US)

Verizon Communications Inc. (US)

(A brief overview of another 13 companies is also provided)

Research Methodology:

Genesis Market Insights follows in-depth Research Methodology focused on reducing deviation in the collected data. GMI offers the most precise evaluations and projection for the market numbers. GMI engages following Market Engineering techniques –

  1. Raw Market Data is collected and compared with the Existing in-house Data on a broad front.
  2. Both Bottom-Up and Top-Down approaches are analyzed for segmenting and estimating measurable aspects of the market.
  3. To avoid bias, we filter the collected data collected from authenticated sources.
  4. GMI has a well proven Statistical Modeling System for estimates and forecasts.
  5. Further, the report findings are validated with the Industry Expert Panel on face to face or telephonic interviews.
  6. Panelists are approached from Leading Enterprises across the value chain including manufacturers, suppliers, technology providers, domain experts and buyers so as to validate a thorough and balanced market overview. 

Detailed customization is also available for you. Further, if the report listed above does not meet your key requirements. Our customized research report will analytically cover the required market information you need which will help you to plan your business decisions.

Table Of Content

1. Introduction

1.1 Market Vision

       1.1.1 Market Definition

       1.1.2 Market Scope

1.2 Limitations

1.3 Stakeholders

2. Research Methodology

2.1. Research Process

       2.1.1. Secondary Research

    Key Data from Secondary Research

       2.1.2. Primary Research

    Key Data from Primary Research

    Breakdowns of Primary Interviews

2.2. Market Size Estimation

       2.2.1. Bottoms-Up Approach

       2.2.2. Top-Down Approach

       2.2.3. Annual Revenue Process

2.3. Data Triangulation 

2.4. Research Assumptions 

       2.4.1. Assumption

3. Executive Summary

4. Market Overview

4.1. Introduction

4.2. Drivers

4.3. Restraints

4.4. Opportunities

4.5. Challenges

4.6. Regulations

4.7. Supply Chain/Value Chain Analysis

4.8. Patent & Standards

5. Industry Trends

5.1. Introduction

5.2. Porter’s Five Forces Analysis

       5.2.1. Threat of New Entrants

       5.2.2. Threat of Substitutes

       5.2.3. Bargaining Power of Buyers

       5.2.4. Bargaining Power of Suppliers

       5.2.5. Intensity of Competitive Rivalry

6. Mobile Wallet & Payment Tech Market, By Application

6.1. Micropayment

6.2. Mobile Ticketing

6.3. Money Transfer

6.4. Mobile Coupon

6.5. Mobile Commerce

7. Mobile Wallet & Payment Tech Market, By Mode of Payment

7.1. Remote Payment

7.2. Near-Field Communication

8. Geographical Analysis

8.1. Introduction

8.2. North America

       8.2.1. U.S.

       8.2.2. Canada

       8.2.3. Mexico

8.3. Europe

       8.3.1. U.K.

       8.3.2. Germany

       8.3.3. France

       8.3.4. RoE

8.4. Asia Pacific

       8.4.1. South Korea

       8.4.2. China

       8.4.3. Japan

       8.4.4. RoAPAC

8.5. RoW

       8.5.1. Latin America

       8.5.2. Middle East and Africa

9. Company Profiles

(Business Overview, Financial Overview, Product write Up, Recent Developments)

9.1 First Data Corp.

9.2 Paytm Mobile Solutions Private Limited

9.3 Apple Inc.

9.4 AT&T Inc.

9.5 Vesta Corp.

9.6 Fidelity National Information Services Inc.

9.7 Verizon Communications Inc.

9.8 Deutsche Telekom AG

9.9 Blackberry Limited

(A brief overview of another 13 companies is also provided) 

11. Competitive Analysis

11.1. Introduction

11.2. Market Positioning of Key Players

11.3 Competitive Strategies Adopted by Leading Players

        11.3.1. Investments & Expansions

        11.3.2. New Product Launches

        11.3.3. Mergers & Acquisitions

        11.3.4. Agreements, Joint Ventures, and Partnerships

12. Appendix

12.1. Questionnaire

12.2. Available Customizations 

12.3. Upcoming Events (Trade Fair, Exhibitions, Conferences)


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