Mobile Money Market Synopsis

Mobile Money Market was valued at USD 7.26 Billion in 2022 and is expected to reach USD 55.02 Billion by the year 2030, at a CAGR of 28.8%.

The term "mobile money" describes financial services and transactions that can be performed using a mobile device, such as a smartphone or tablet. These services could be directly linked to a bank account or not.

  • Mobile money is cash that is generated through digital means. In digital payments, both the payer and the payee send and receive money digitally. It is also known as electronic payment. Real money is not included in mobile money. Mobile money is the term used to describe non-cash transactions made through digital platforms, according to industry standards. Additionally, Near-Field Communication (NFC) in mobile payment technology efficiently transmits encrypted data to the Point of Sale (POS) devices directly and instantly.
  • An important factor accelerating market growth is the expansion of government initiatives to support the cashless economy. Other factors include an increase in the adoption of digital payment-based business models by organizations, improvement in the efficiency of mobile money transactions, and increased overall spending, all of which can encourage businesses to invest in developing new mobile payment technologies. Additionally, growing flexibility in using mobile money to draw in more business, an increase in NFC-enabled handset availability, and increased R&D activity in the market will all lead to new opportunities for the mobile money market during the aforementioned forecast period.

Mobile Money Market

The Mobile Money Market Trend Analysis

Rise in the Use of Digital Payment-Based Business Models

  • An electronic payment, also known as a digital payment, is one that moves money from one payment account to another through a digital device or channel. The landscape of mobile money services is changing due to an increase in the adoption of digital payment-based solutions like mobile wallets, UPI, and card payments. Additionally, by integrating these facilities with banking operations, they are better able to visualize data, respond to customer inquiries, and make challenging data accessible.
  • Additionally, mobile applications offer end users real-time insights and aid in enhancing network security, accelerating digital businesses, and improving customer experience. Numerous opportunities for players in the mobile money market are anticipated to arise as a result of the increasing adoption of such initiatives. Key businesses concentrate on concluding alliances and collaborations with other participants to introduce advanced solutions based on fundamental technologies like AI and others.

  • The projected US$8.4 trillion in total transaction value in the digital payments market for 2022 is expected to be a significant growth driver for the mobile money market. This astounding statistic emphasizes the fundamental shift in consumer behavior and corporate strategies toward embracing digital payment solutions.
  • Mobile money services become an essential component of consumers' financial ecosystems as they depend more and more on digital payments for a variety of transactions, from retail purchases to utility bill payments. Mobile money platforms are a popular option for people looking for effective and hassle-free payment options due to the convenience, accessibility, and security they provide.

Increasing Government Initiatives to Promote a Cashless Economy

  • The government's growing initiatives to encourage a cashless society offer the mobile money market a sizable opportunity. Governments all over the world are becoming aware of the benefits of shifting from an economy that is primarily based on cash to one that relies on digital payment solutions. Increased transparency, decreased tax evasion, improved financial inclusion, and increased overall economic efficiency are just a few advantages of this change.
  • Governments are actively promoting the use of digital payment methods among their citizens through a variety of initiatives, including incentives, subsidies, and awareness-raising campaigns. To encourage people and businesses to use mobile money services and other electronic payment platforms, these initiatives frequently offer financial incentives or discounts for transactions made through digital channels. The promotion of cashless transactions also supports broader economic objectives because it lowers the cost of producing and disseminating physical currency, reduces the dangers of using fake money, and promotes a more transparent and accountable financial ecosystem.

Mobile Money Market Segmentation Analysis

Mobile Money market segments cover the Payment Type, Nature of Payment, Transaction Mode, Application, and Industry Vertical. By Application, the Money Transfers, segment is anticipated to dominate the Market Over the Forecast period.

  • Over the forecast period, the Mobile Money Market's Money Transfers segment is anticipated to firmly establish its dominance. Several factors support this projection, but the main ones are the rising reliance on off-net transfers, cash-in/cash-out transactions, and international remittances. Particularly in developed countries, the rising cost of real estate has increased the demand for quick and affordable money transfer services. The significant diaspora of people from developing countries who live abroad in more developed economies also encourages the use of money transfer apps.
  • Banks and other financial institutions have historically been crucial in facilitating money transfers. However, there has been a noticeable shift toward carrying out these transactions via mobile phones as society continues to embrace and integrate new technologies into daily life. In addition to providing more convenience, the switch to mobile-based money transfers also expands the market for these services, making a wider range of people eligible to use them. Therefore, it is anticipated that in the future, the Money Transfers segment will retain its dominance and continue to propel the growth of the Mobile Money Market.

Mobile Money Market Regional Analysis

Asia Pacific is Expected to Dominate the Market Over the Forecast Period.

  • Over the forecast period, the Asia-Pacific (APAC) region is likely to become the dominant force in the mobile money market. Several important factors that highlight the region's remarkable growth trajectory in mobile money adoption can be linked to this anticipated dominance. Due to the high penetration of smartphones, APAC is leading the way in embracing mobile payment solutions. Because there are so many smartphones in the area, operators have an ideal platform to launch and run advanced mobile wallet services, which are becoming more and more crucial to residents' daily lives. Additionally, the rapid expansion of e-commerce in APAC has significantly increased the use of electronic payment methods, such as mobile money services.
  • A sizeable portion of the population lacks direct access to traditional financial services due to the region's large population and developing economies. Traditional banking frequently has high operational costs and finds it difficult to expand into outlying and rural areas. Mobile-based solutions, on the other hand, provide a more affordable option that can cater to a wide range of people, promoting financial inclusion by connecting underserved communities to economic opportunities.
  • The statistics show that mobile money is expanding rapidly in the region, according to the GSMA's Mobile Economy Asia Pacific 2022 report. The region is expanding exponentially, with 86 active mobile money services, 328 million registered accounts in East Asia and the Pacific by the end of 2021, and 283 million in South Asia. The fact that these regions' combined transaction value is getting close to $300 billion further emphasizes APAC's growing dominance in the mobile money market.

COVID-19 Impact Analysis On Mobile Money Market

  • The COVID-19 pandemic has had a significant impact on the mobile money market, spurring a sharp increase in digital payments and promoting financial inclusion on a global level. As the pandemic spread, the use of digital payment methods accelerated at a never-before-seen rate as people and businesses looked for safer, contactless replacements for conventional cash transactions. Notably, with over 80 million and 100 million adults, respectively, adopting digital merchant payments for the first time since the pandemic's start, India and China emerged as leaders in this digital transformation.
  • As formal financial services expanded their global reach, the widespread use of digital payment methods reflects a shift towards greater financial inclusion. The Mobile Money Market, which provides easily accessible and secure digital solutions that have proven indispensable in the face of the pandemic's challenges, has played a crucial role in facilitating this transformation. In a post-pandemic world, this trend is anticipated to have a lasting impact on increased digitalization and financial inclusion by continuing to shape the mobile money market. 

Top Key Players Covered in The Mobile Money Market

  • Google (US)
  • FIS (US)
  • Paypal (US)
  • Mastercard (US)
  • Fiserve (US)
  • Global Payments (US)
  • Square (US)
  • Amazon (US)
  • Apple (US)
  • T- T-Mobile (US)
  • Western Union Holdings (US)
  • Vodafone (UK)
  • Orange (France)
  • Samsung (South Korea)
  • Gemalto (Netherlands)
  • Alipay (China)
  • MTN (South Africa)
  • PAYTM (India)
  • VISA (US)
  • Tencent (China)
  • Airtel (India)
  • Comviva (India), and Other Major Players

Key Industry Developments in the Mobile Money Market

In August 2023, Safaricom launched M-Pesa mobile money service in Ethiopia. Safaricom's M-Pesa mobile money service is a boost to the Kenyan telecoms operator as it seeks to kickstart growth in one of Africa's biggest economies.

In April 2023, Africell launched its ‘Afrimoney’ mobile money service in Angola in collaboration with the National Bank of Angola (BNA) following a pilot phase, declaring that the new platform will boost the country’s economy by digitizing its informal economy and ‘unlocking’ the unbanked population.

Mobile Money Market

Base Year:

2022

Forecast Period:

2023-2030

Historical Data:

2017 to 2022

Market Size in 2022:

USD 7.26 Bn.

Forecast Period 2023-30 CAGR:

28.8%

Market Size in 2030:

USD 55.02 Bn.

Segments Covered:

By Payment Type

  • Remote Payment
  • Proximity Payment

By Nature of Payment

  • Person to Person (P2P)
  • Person to Business (P2B)
  • Business to Person (B2P)
  • Business to Business (B2B)

By Transaction Mode

  • NFC/Smart card
  • Point of Sale (POS)
  • Mobile Apps
  • QR codes

By Application

  • Money Transfers
  • Transfer and Top-Ups
  • Bill Payments
  • Airtime Travel and Ticketing
  • Other

By Industry Vertical

  • BFSI
  • Telecom and IT
  • Healthcare
  • Media and Entertainment
  • Retail
  • Other

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Rise In The Use of Digital Payment-Based Business Models

Key Market Restraints:

  • Rising Concerns Over Data Security

Key Opportunities:

  • Increasing Government Initiatives To Promote Cashless Economy

Companies Covered in the Report:

  • Google, FIS, Paypal, Mastercard, Fiserv, and Other Major Players.
  1. INTRODUCTION
    1. RESEARCH OBJECTIVES
    2. RESEARCH METHODOLOGY
    3. RESEARCH PROCESS
    4. SCOPE AND COVERAGE
      1. Market Definition
      2. Key Questions Answered
    5. MARKET SEGMENTATION
  2. EXECUTIVE SUMMARY
  3. MARKET OVERVIEW
  4. GROWTH OPPORTUNITIES BY SEGMENT
  5. MARKET LANDSCAPE
    1. PORTER’S FIVE FORCES ANALYSIS
      1. Bargaining Power Of Supplier
      2. Threat Of New Entrants
      3. Threat Of Substitutes
      4. Competitive Rivalry
      5. Bargaining Power Among Buyers
    2. INDUSTRY VALUE CHAIN ANALYSIS
    3. MARKET DYNAMICS
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
    4. MARKET TREND ANALYSIS
    5. REGULATORY LANDSCAPE
    6. PESTLE ANALYSIS
    7. PRICE TREND ANALYSIS
    8. PATENT ANALYSIS
    9. TECHNOLOGY EVALUATION
    10. ANALYSIS OF THE IMPACT OF COVID-19
      1. Impact On The Overall Market
      2. Impact On The Supply Chain
      3. Impact On The Key Manufacturers
      4. Impact On The Pricing
      5. Post COVID Situation
    11. MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
      1. Geopolitical Market Disruptions
      2. Supply Chain Disruptions
      3. Instability in Emerging Markets
    12. ECOSYSTEM
  6. MOBILE MONEY MARKET BY PAYMENT TYPE (2016-2030)
    1. MOBILE MONEY MARKET SNAPSHOT AND GROWTH ENGINE
    2. MARKET OVERVIEW
    3. REMOTE PAYMENT
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
    4. PROXIMITY PAYMENT
  7. MOBILE MONEY MARKET BY NATURE OF PAYMENT (2016-2030)
    1. MOBILE MONEY MARKET SNAPSHOT AND GROWTH ENGINE
    2. MARKET OVERVIEW
    3. PERSON TO PERSON (P2P)
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
    4. PERSON TO BUSINESS (P2B)
    5. BUSINESS TO PERSON (B2P)
    6. BUSINESS TO BUSINESS (B2B)
  8. MOBILE MONEY MARKET BY TRANSACTION MODE (2016-2030)
    1. MOBILE MONEY MARKET SNAPSHOT AND GROWTH ENGINE
    2. MARKET OVERVIEW
    3. NFC/SMART CARD
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
    4. POINT OF SALE (POS)
    5. MOBILE APPS
    6. QR CODES
  9. MOBILE MONEY MARKET BY APPLICATION (2016-2030)
    1. MOBILE MONEY MARKET SNAPSHOT AND GROWTH ENGINE
    2. MARKET OVERVIEW
    3. MONEY TRANSFER
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
    4. TRANSFER AND TOP-UPS
    5. BILL PAYMENTS
    6. AIRTIME TRAVEL AND TICKETING
    7. OTHER
  10. MOBILE MONEY MARKET BY INDUSTRY VERTICAL (2016-2030)
    1. MOBILE MONEY MARKET SNAPSHOT AND GROWTH ENGINE
    2. MARKET OVERVIEW
    3. BFSI
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
    4. TELECOM AND IT
    5. HEALTHCARE
    6. MEDIA AND ENTERTAINMENT
    7. RETAIL
    8. OTHER
  11. COMPANY PROFILES AND COMPETITIVE ANALYSIS
    1. COMPETITIVE LANDSCAPE
      1. Competitive Positioning
      2. MOBILE MONEY Market Share By Manufacturer (2022)
      3. Industry BCG Matrix
      4. Heat Map Analysis
      5. Mergers & Acquisitions
    2. GOOGLE (US)
      1. Company Overview
      2. Key Executives
      3. Company Snapshot
      4. Role of the Company in the Market
      5. Sustainability and Social Responsibility
      6. Operating Business Segments
      7. Product Portfolio
      8. Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
      9. Key Strategic Moves And Recent Developments
      10. SWOT Analysis
    3. FIS (US)
    4. PAYPAL (US)
    5. MASTERCARD (US)
    6. FISERVE (US)
    7. GLOBAL PAYMENTS (US)
    8. SQUARE (US)
    9. AMAZON (US)
    10. APPLE (US)
    11. T- MOBILE (US)
    12. WESTERN UNION HOLDINGS (US)
    13. VODAFONE (UK)
    14. ORANGE (FRANCE)
    15. SAMSUNG (SOUTH KOREA)
    16. GEMALTO (NETHERLANDS)
    17. ALIPAY (CHINA)
    18. MTN (SOUTH AFRICA)
    19. PAYTM (INDIA)
    20. VISA (US)
    21. TENCENT (CHINA)
  12. GLOBAL MOBILE MONEY MARKET BY REGION
    1. OVERVIEW
    2. NORTH AMERICA
      1. Key Market Trends, Growth Factors And Opportunities
      2. Impact Of Covid-19
      3. Key Manufacturers
      4. Historic And Forecasted Market Size By Payment Type
      5. Historic And Forecasted Market Size By Nature of Payment
      6. Historic And Forecasted Market Size By Transaction Mode
      7. Historic And Forecasted Market Size By Application
      8. Historic And Forecasted Market Size By Industry Vertical
      9. Historic And Forecasted Market Size By Country
        1. USA
        2. Canada
        3. Mexico
    3. EASTERN EUROPE
      1. Key Market Trends, Growth Factors And Opportunities
      2. Impact Of Covid-19
      3. Key Manufacturers
      4. Historic And Forecasted Market Size By Segments
      5. Historic And Forecasted Market Size By Country
        1. Russia
        2. Bulgaria
        3. The Czech Republic
        4. Hungary
        5. Poland
        6. Romania
        7. Rest Of Eastern Europe
    4. WESTERN EUROPE
      1. Key Market Trends, Growth Factors And Opportunities
      2. Impact Of Covid-19
      3. Key Manufacturers
      4. Historic And Forecasted Market Size By Segments
      5. Historic And Forecasted Market Size By Country
        1. Germany
        2. United Kingdom
        3. France
        4. The Netherlands
        5. Italy
        6. Spain
        7. Rest Of Western Europe
    5. ASIA PACIFIC
      1. Key Market Trends, Growth Factors And Opportunities
      2. Impact Of Covid-19
      3. Key Manufacturers
      4. Historic And Forecasted Market Size By Segments
      5. Historic And Forecasted Market Size By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Malaysia
        6. Thailand
        7. Vietnam
        8. The Philippines
        9. Australia
        10. New-Zealand
        11. Rest Of APAC
    6. MIDDLE EAST & AFRICA
      1. Key Market Trends, Growth Factors And Opportunities
      2. Impact Of Covid-19
      3. Key Manufacturers
      4. Historic And Forecasted Market Size By Segments
      5. Historic And Forecasted Market Size By Country
        1. Turkey
        2. Bahrain
        3. Kuwait
        4. Saudi Arabia
        5. Qatar
        6. UAE
        7. Israel
        8. South Africa
    7. SOUTH AMERICA
      1. Key Market Trends, Growth Factors And Opportunities
      2. Impact Of Covid-19
      3. Key Manufacturers
      4. Historic And Forecasted Market Size By Segments
      5. Historic And Forecasted Market Size By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
  13. INVESTMENT ANALYSIS
  14. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis
    2. Potential Market Strategies

Mobile Money Market

Base Year:

2022

Forecast Period:

2023-2030

Historical Data:

2017 to 2022

Market Size in 2022:

USD 7.26 Bn.

Forecast Period 2023-30 CAGR:

28.8%

Market Size in 2030:

USD 55.02 Bn.

Segments Covered:

By Payment Type

  • Remote Payment
  • Proximity Payment

By Nature of Payment

  • Person to Person (P2P)
  • Person to Business (P2B)
  • Business to Person (B2P)
  • Business to Business (B2B)

By Transaction Mode

  • NFC/Smart card
  • Point of Sale (POS)
  • Mobile Apps
  • QR codes

By Application

  • Money Transfers
  • Transfer and Top-Ups
  • Bill Payments
  • Airtime Travel and Ticketing
  • Other

By Industry Vertical

  • BFSI
  • Telecom and IT
  • Healthcare
  • Media and Entertainment
  • Retail
  • Other

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Rise In The Use of Digital Payment-Based Business Models

Key Market Restraints:

  • Rising Concerns Over Data Security

Key Opportunities:

  • Increasing Government Initiatives To Promote Cashless Economy

Companies Covered in the Report:

  • Google, FIS, Paypal, Mastercard, Fiserv, and Other Major Players.

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. MOBILE MONEY MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. MOBILE MONEY MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. MOBILE MONEY MARKET COMPETITIVE RIVALRY
TABLE 005. MOBILE MONEY MARKET THREAT OF NEW ENTRANTS
TABLE 006. MOBILE MONEY MARKET THREAT OF SUBSTITUTES
TABLE 007. MOBILE MONEY MARKET BY PAYMENT TYPE
TABLE 008. REMOTE PAYMENT MARKET OVERVIEW (2016-2030)
TABLE 009. PROXIMITY PAYMENT MARKET OVERVIEW (2016-2030)
TABLE 010. MOBILE MONEY MARKET BY NATURE OF PAYMENT
TABLE 011. PERSON TO PERSON (P2P) MARKET OVERVIEW (2016-2030)
TABLE 012. PERSON TO BUSINESS (P2B) MARKET OVERVIEW (2016-2030)
TABLE 013. BUSINESS TO PERSON (B2P) MARKET OVERVIEW (2016-2030)
TABLE 014. BUSINESS TO BUSINESS (B2B) MARKET OVERVIEW (2016-2030)
TABLE 015. MOBILE MONEY MARKET BY TRANSACTION MODE
TABLE 016. NFC/SMART CARD MARKET OVERVIEW (2016-2030)
TABLE 017. POINT OF SALE (POS) MARKET OVERVIEW (2016-2030)
TABLE 018. MOBILE APPS MARKET OVERVIEW (2016-2030)
TABLE 019. QR CODES MARKET OVERVIEW (2016-2030)
TABLE 020. MOBILE MONEY MARKET BY APPLICATION
TABLE 021. MONEY TRANSFERS MARKET OVERVIEW (2016-2030)
TABLE 022. TRANSFER AND TOP-UPS MARKET OVERVIEW (2016-2030)
TABLE 023. BILL PAYMENTS MARKET OVERVIEW (2016-2030)
TABLE 024. AIRTIME TRAVEL AND TICKETING MARKET OVERVIEW (2016-2030)
TABLE 025. OTHER MARKET OVERVIEW (2016-2030)
TABLE 026. MOBILE MONEY MARKET BY INDUSTRY VERTICAL
TABLE 027. BFSI MARKET OVERVIEW (2016-2030)
TABLE 028. TELECOM AND IT MARKET OVERVIEW (2016-2030)
TABLE 029. HEALTHCARE MARKET OVERVIEW (2016-2030)
TABLE 030. MEDIA AND ENTERTAINMENT MARKET OVERVIEW (2016-2030)
TABLE 031. RETAIL MARKET OVERVIEW (2016-2030)
TABLE 032. OTHER MARKET OVERVIEW (2016-2030)
TABLE 033. NORTH AMERICA MOBILE MONEY MARKET, BY PAYMENT TYPE (2016-2030)
TABLE 034. NORTH AMERICA MOBILE MONEY MARKET, BY NATURE OF PAYMENT (2016-2030)
TABLE 035. NORTH AMERICA MOBILE MONEY MARKET, BY TRANSACTION MODE (2016-2030)
TABLE 036. NORTH AMERICA MOBILE MONEY MARKET, BY APPLICATION (2016-2030)
TABLE 037. NORTH AMERICA MOBILE MONEY MARKET, BY INDUSTRY VERTICAL (2016-2030)
TABLE 038. N MOBILE MONEY MARKET, BY COUNTRY (2016-2030)
TABLE 039. EASTERN EUROPE MOBILE MONEY MARKET, BY PAYMENT TYPE (2016-2030)
TABLE 040. EASTERN EUROPE MOBILE MONEY MARKET, BY NATURE OF PAYMENT (2016-2030)
TABLE 041. EASTERN EUROPE MOBILE MONEY MARKET, BY TRANSACTION MODE (2016-2030)
TABLE 042. EASTERN EUROPE MOBILE MONEY MARKET, BY APPLICATION (2016-2030)
TABLE 043. EASTERN EUROPE MOBILE MONEY MARKET, BY INDUSTRY VERTICAL (2016-2030)
TABLE 044. MOBILE MONEY MARKET, BY COUNTRY (2016-2030)
TABLE 045. WESTERN EUROPE MOBILE MONEY MARKET, BY PAYMENT TYPE (2016-2030)
TABLE 046. WESTERN EUROPE MOBILE MONEY MARKET, BY NATURE OF PAYMENT (2016-2030)
TABLE 047. WESTERN EUROPE MOBILE MONEY MARKET, BY TRANSACTION MODE (2016-2030)
TABLE 048. WESTERN EUROPE MOBILE MONEY MARKET, BY APPLICATION (2016-2030)
TABLE 049. WESTERN EUROPE MOBILE MONEY MARKET, BY INDUSTRY VERTICAL (2016-2030)
TABLE 050. MOBILE MONEY MARKET, BY COUNTRY (2016-2030)
TABLE 051. ASIA PACIFIC MOBILE MONEY MARKET, BY PAYMENT TYPE (2016-2030)
TABLE 052. ASIA PACIFIC MOBILE MONEY MARKET, BY NATURE OF PAYMENT (2016-2030)
TABLE 053. ASIA PACIFIC MOBILE MONEY MARKET, BY TRANSACTION MODE (2016-2030)
TABLE 054. ASIA PACIFIC MOBILE MONEY MARKET, BY APPLICATION (2016-2030)
TABLE 055. ASIA PACIFIC MOBILE MONEY MARKET, BY INDUSTRY VERTICAL (2016-2030)
TABLE 056. MOBILE MONEY MARKET, BY COUNTRY (2016-2030)
TABLE 057. MIDDLE EAST & AFRICA MOBILE MONEY MARKET, BY PAYMENT TYPE (2016-2030)
TABLE 058. MIDDLE EAST & AFRICA MOBILE MONEY MARKET, BY NATURE OF PAYMENT (2016-2030)
TABLE 059. MIDDLE EAST & AFRICA MOBILE MONEY MARKET, BY TRANSACTION MODE (2016-2030)
TABLE 060. MIDDLE EAST & AFRICA MOBILE MONEY MARKET, BY APPLICATION (2016-2030)
TABLE 061. MIDDLE EAST & AFRICA MOBILE MONEY MARKET, BY INDUSTRY VERTICAL (2016-2030)
TABLE 062. MOBILE MONEY MARKET, BY COUNTRY (2016-2030)
TABLE 063. SOUTH AMERICA MOBILE MONEY MARKET, BY PAYMENT TYPE (2016-2030)
TABLE 064. SOUTH AMERICA MOBILE MONEY MARKET, BY NATURE OF PAYMENT (2016-2030)
TABLE 065. SOUTH AMERICA MOBILE MONEY MARKET, BY TRANSACTION MODE (2016-2030)
TABLE 066. SOUTH AMERICA MOBILE MONEY MARKET, BY APPLICATION (2016-2030)
TABLE 067. SOUTH AMERICA MOBILE MONEY MARKET, BY INDUSTRY VERTICAL (2016-2030)
TABLE 068. MOBILE MONEY MARKET, BY COUNTRY (2016-2030)
TABLE 069. GOOGLE (US): SNAPSHOT
TABLE 070. GOOGLE (US): BUSINESS PERFORMANCE
TABLE 071. GOOGLE (US): PRODUCT PORTFOLIO
TABLE 072. GOOGLE (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 072. FIS (US): SNAPSHOT
TABLE 073. FIS (US): BUSINESS PERFORMANCE
TABLE 074. FIS (US): PRODUCT PORTFOLIO
TABLE 075. FIS (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 075. PAYPAL (US): SNAPSHOT
TABLE 076. PAYPAL (US): BUSINESS PERFORMANCE
TABLE 077. PAYPAL (US): PRODUCT PORTFOLIO
TABLE 078. PAYPAL (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 078. MASTERCARD (US): SNAPSHOT
TABLE 079. MASTERCARD (US): BUSINESS PERFORMANCE
TABLE 080. MASTERCARD (US): PRODUCT PORTFOLIO
TABLE 081. MASTERCARD (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 081. FISERV (US): SNAPSHOT
TABLE 082. FISERV (US): BUSINESS PERFORMANCE
TABLE 083. FISERV (US): PRODUCT PORTFOLIO
TABLE 084. FISERV (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 084. GLOBAL PAYMENTS (US): SNAPSHOT
TABLE 085. GLOBAL PAYMENTS (US): BUSINESS PERFORMANCE
TABLE 086. GLOBAL PAYMENTS (US): PRODUCT PORTFOLIO
TABLE 087. GLOBAL PAYMENTS (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 087. SQUARE (US): SNAPSHOT
TABLE 088. SQUARE (US): BUSINESS PERFORMANCE
TABLE 089. SQUARE (US): PRODUCT PORTFOLIO
TABLE 090. SQUARE (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 090. AMAZON (US): SNAPSHOT
TABLE 091. AMAZON (US): BUSINESS PERFORMANCE
TABLE 092. AMAZON (US): PRODUCT PORTFOLIO
TABLE 093. AMAZON (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 093. APPLE (US): SNAPSHOT
TABLE 094. APPLE (US): BUSINESS PERFORMANCE
TABLE 095. APPLE (US): PRODUCT PORTFOLIO
TABLE 096. APPLE (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 096. T-MOBILE (US): SNAPSHOT
TABLE 097. T-MOBILE (US): BUSINESS PERFORMANCE
TABLE 098. T-MOBILE (US): PRODUCT PORTFOLIO
TABLE 099. T-MOBILE (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 099. WESTERN UNION HOLDINGS (US): SNAPSHOT
TABLE 100. WESTERN UNION HOLDINGS (US): BUSINESS PERFORMANCE
TABLE 101. WESTERN UNION HOLDINGS (US): PRODUCT PORTFOLIO
TABLE 102. WESTERN UNION HOLDINGS (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 102. VODAFONE (UK): SNAPSHOT
TABLE 103. VODAFONE (UK): BUSINESS PERFORMANCE
TABLE 104. VODAFONE (UK): PRODUCT PORTFOLIO
TABLE 105. VODAFONE (UK): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 105. ORANGE (FRANCE): SNAPSHOT
TABLE 106. ORANGE (FRANCE): BUSINESS PERFORMANCE
TABLE 107. ORANGE (FRANCE): PRODUCT PORTFOLIO
TABLE 108. ORANGE (FRANCE): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 108. SAMSUNG (SOUTH KOREA): SNAPSHOT
TABLE 109. SAMSUNG (SOUTH KOREA): BUSINESS PERFORMANCE
TABLE 110. SAMSUNG (SOUTH KOREA): PRODUCT PORTFOLIO
TABLE 111. SAMSUNG (SOUTH KOREA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 111. GEMALTO (NETHERLANDS): SNAPSHOT
TABLE 112. GEMALTO (NETHERLANDS): BUSINESS PERFORMANCE
TABLE 113. GEMALTO (NETHERLANDS): PRODUCT PORTFOLIO
TABLE 114. GEMALTO (NETHERLANDS): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 114. ALIPAY (CHINA): SNAPSHOT
TABLE 115. ALIPAY (CHINA): BUSINESS PERFORMANCE
TABLE 116. ALIPAY (CHINA): PRODUCT PORTFOLIO
TABLE 117. ALIPAY (CHINA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 117. MTN (SOUTH AFRICA): SNAPSHOT
TABLE 118. MTN (SOUTH AFRICA): BUSINESS PERFORMANCE
TABLE 119. MTN (SOUTH AFRICA): PRODUCT PORTFOLIO
TABLE 120. MTN (SOUTH AFRICA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 120. PAYTM (INDIA): SNAPSHOT
TABLE 121. PAYTM (INDIA): BUSINESS PERFORMANCE
TABLE 122. PAYTM (INDIA): PRODUCT PORTFOLIO
TABLE 123. PAYTM (INDIA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 123. VISA (US): SNAPSHOT
TABLE 124. VISA (US): BUSINESS PERFORMANCE
TABLE 125. VISA (US): PRODUCT PORTFOLIO
TABLE 126. VISA (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 126. TENCENT (CHINA): SNAPSHOT
TABLE 127. TENCENT (CHINA): BUSINESS PERFORMANCE
TABLE 128. TENCENT (CHINA): PRODUCT PORTFOLIO
TABLE 129. TENCENT (CHINA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 129. AIRTEL (INDIA): SNAPSHOT
TABLE 130. AIRTEL (INDIA): BUSINESS PERFORMANCE
TABLE 131. AIRTEL (INDIA): PRODUCT PORTFOLIO
TABLE 132. AIRTEL (INDIA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 132. COMVIVA (INDIA): SNAPSHOT
TABLE 133. COMVIVA (INDIA): BUSINESS PERFORMANCE
TABLE 134. COMVIVA (INDIA): PRODUCT PORTFOLIO
TABLE 135. COMVIVA (INDIA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 135. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 136. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 137. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 138. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. MOBILE MONEY MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. MOBILE MONEY MARKET OVERVIEW BY PAYMENT TYPE
FIGURE 012. REMOTE PAYMENT MARKET OVERVIEW (2016-2030)
FIGURE 013. PROXIMITY PAYMENT MARKET OVERVIEW (2016-2030)
FIGURE 014. MOBILE MONEY MARKET OVERVIEW BY NATURE OF PAYMENT
FIGURE 015. PERSON TO PERSON (P2P) MARKET OVERVIEW (2016-2030)
FIGURE 016. PERSON TO BUSINESS (P2B) MARKET OVERVIEW (2016-2030)
FIGURE 017. BUSINESS TO PERSON (B2P) MARKET OVERVIEW (2016-2030)
FIGURE 018. BUSINESS TO BUSINESS (B2B) MARKET OVERVIEW (2016-2030)
FIGURE 019. MOBILE MONEY MARKET OVERVIEW BY TRANSACTION MODE
FIGURE 020. NFC/SMART CARD MARKET OVERVIEW (2016-2030)
FIGURE 021. POINT OF SALE (POS) MARKET OVERVIEW (2016-2030)
FIGURE 022. MOBILE APPS MARKET OVERVIEW (2016-2030)
FIGURE 023. QR CODES MARKET OVERVIEW (2016-2030)
FIGURE 024. MOBILE MONEY MARKET OVERVIEW BY APPLICATION
FIGURE 025. MONEY TRANSFERS MARKET OVERVIEW (2016-2030)
FIGURE 026. TRANSFER AND TOP-UPS MARKET OVERVIEW (2016-2030)
FIGURE 027. BILL PAYMENTS MARKET OVERVIEW (2016-2030)
FIGURE 028. AIRTIME TRAVEL AND TICKETING MARKET OVERVIEW (2016-2030)
FIGURE 029. OTHER MARKET OVERVIEW (2016-2030)
FIGURE 030. MOBILE MONEY MARKET OVERVIEW BY INDUSTRY VERTICAL
FIGURE 031. BFSI MARKET OVERVIEW (2016-2030)
FIGURE 032. TELECOM AND IT MARKET OVERVIEW (2016-2030)
FIGURE 033. HEALTHCARE MARKET OVERVIEW (2016-2030)
FIGURE 034. MEDIA AND ENTERTAINMENT MARKET OVERVIEW (2016-2030)
FIGURE 035. RETAIL MARKET OVERVIEW (2016-2030)
FIGURE 036. OTHER MARKET OVERVIEW (2016-2030)
FIGURE 037. NORTH AMERICA MOBILE MONEY MARKET OVERVIEW BY COUNTRY (2016-2030)
FIGURE 038. EASTERN EUROPE MOBILE MONEY MARKET OVERVIEW BY COUNTRY (2016-2030)
FIGURE 039. WESTERN EUROPE MOBILE MONEY MARKET OVERVIEW BY COUNTRY (2016-2030)
FIGURE 040. ASIA PACIFIC MOBILE MONEY MARKET OVERVIEW BY COUNTRY (2016-2030)
FIGURE 041. MIDDLE EAST & AFRICA MOBILE MONEY MARKET OVERVIEW BY COUNTRY (2016-2030)
FIGURE 042. SOUTH AMERICA MOBILE MONEY MARKET OVERVIEW BY COUNTRY (2016-2030)

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Frequently Asked Questions :

What would be the forecast period in the Mobile Money Market research report?

The forecast period in the Mobile Money Market research report is 2023-2030.

Who are the key players in the Mobile Money Market?

Google (US), FIS (US), Paypal (US), Mastercard (US), Fiserv (US), Global Payments (US), Square (US), Amazon (US), Apple (US), T-Mobile (US), Western Union Holdings (US), Vodafone (UK), Orange (France), Samsung (South Korea), Gemalto (Netherlands), Alipay (China), MTN (South Africa), PAYTM (India), VISA (US), Tencent (China), Airtel (India), Comviva (India), and Other Major Players.

What are the segments of the Mobile Money Market?

The Mobile Money Market is segmented into Payment Type, Nature of Payment, Transaction Mode, Application, and region. By Payment Type, the market is categorized into Remote Payment, Proximity Payment. By Nature of Payment, the market is categorized into person-to-person (P2P), person-to-business (P2B), Business to Person (B2P), Business to Business (B2B). By Transaction Mode, the market is categorized into NFC/Smart card, Point of Sale (POS), Mobile Apps, and QR codes. By Application, the market is categorized into Money Transfers, Transfers and Top-Ups, Bill Payments, Airtime Travel and Ticketing, and others. By Industry Vertical, the market is categorized into BFSI, Telecom and IT, Healthcare, Media and Entertainment, Retail, and Others. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Mobile Money Market?

The term "mobile money" describes financial services and transactions that can be performed using a mobile device, such as a smartphone or tablet. These services could be directly linked to a bank account or not. Mobile money is cash that is generated through digital means. In digital payments, both the payer and the payee send and receive money digitally. It is also known as electronic payment.

How big is the Mobile Money Market?

The global Mobile Money Market was valued at USD 7.26 Billion in 2022 and is expected to reach USD 55.02 Billion by the year 2030, at a CAGR of 28.8%.