Learn about the global mobile payment technologies market through The Business Research Company, which provides information on mobile payment technologies market size, mobile payment technologies market drivers and restraints, mobile payment technologies market players, the COVID-19 impact on the mobile payment technologies market, and more.

The global mobile payment technologies market is expected to grow from $68.85 billion in 2021 to $86.91 billion in 2022 at a compound annual growth rate (CAGR) of 26.2%. The change in the mobile payment technology market growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2021. The market is expected to reach $212.70 billion in 2026 at a CAGR of 25.1%.

The initiatives taken by governments to promote a cashless economy is a major driver for the growth of the mobile payment technologies market.

Request A Sample For The Global Mobile Payment Technologies Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2523&type=smp

The mobile payment technologies market consists of sales of mobile payment technologies and related services. This market deals with a method of payment that does not involve cash or cheques, but allows consumer to make immediate payments using portable electronic devices such as smartphones or tablets.

Global Mobile Payment Technologies Market Segments Include:
By Solution: Point-of-Sale (POS), In-Store Payments, Remote Payments

By Application: Retail and E-Commerce, Healthcare, BFSI, Others

By POS Solution: Near-Field Communication (NFC) Payments, Sound-Wave Based Payments, Magnetic Secure Transmission (MST) Payments

By In-Store Payments Solution: Mobile Wallets, Quick Response (QR) Code Payments

By Remote Payment: Internet Payments, SMS Payments, Direct Carrier Billing, Mobile Banking

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The integration of Internet of Things (IoT) with mobile payments is an emerging trend in the mobile payment technologies market. IoT is a system of interrelated computing devices, mechanical and digital machines, or people that can transfer data over a network without requiring any human-to-human or human-to-computer interaction. The integration of IoT in mobile payment technologies eases the payment experience of consumers and merchants, ensuring smooth and efficient payments on both ends. Due to increased convenience and safety provided by IoT-based mobile payments, many people are moving towards mobile payment technologies.

TBRC’s mobile payment technologies market report covers:

Major Market Players: PayPalInc., MasterCard, Bharti Airtel, GoogleInc., Apple Inc., First Data Corporation, American Express Co., Vodacom Group, Millicom International Cellular, Mahindra Comviva, Orange, DwollaInc., WorldPay, Paytm, AT & TInc., Safaricom Limited, MTN Group, Econet Wireless Zimbabwe, Visa, BlueSnap, PayU, Bank of America, Amazon, Citrus Payment Solutions, Stripe, Six Payment services, Paysafe, Wirecard, Novatti, Vodafone Ltd., and Microsoft Corporation.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Mobile Payment Technologies Global Market Report 2022 –Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides mobile payment technologies market overviews, analyzes and forecasts market size, share, mobile payment technologies market players, mobile payment technologies market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s mobile payment technologies market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here Is A List Of Similar Reports From The Business Research Company:

Cellular or Mobile Telephone Services Global Market Report 2022

Mobile Payment Technologies Global Market Report 2022

Payments Global Market Report 2021

Interested To Know More About The Business Research Company?

The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

Read More About Us At https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company
Follow us on Twitter: https://twitter.com/tbrc_info
Check out our Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: