Global Wallet as a Service (WaaS) Market Growth (Status and Outlook) 2024-2030

Global Wallet as a Service (WaaS) Market Growth (Status and Outlook) 2024-2030

Wallet as a Service (WaaS) refers to a cloud-based solution that provides businesses with the infrastructure and tools to create, manage, and deploy digital wallets without having to build the technology from scratch. This service typically includes functionalities for secure storage, transaction processing, user authentication, and compliance with regulatory standards. WaaS allows companies to integrate digital wallet capabilities into their platforms, enabling them to offer features such as mobile payments, digital asset management, and loyalty programs efficiently. By leveraging WaaS, businesses can focus on their core operations while outsourcing the complexities of wallet infrastructure to specialized providers.

The global Wallet as a Service (WaaS) market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.

LPI (LP Information)' newest research report, the “Wallet as a Service (WaaS) Industry Forecast” looks at past sales and reviews total world Wallet as a Service (WaaS) sales in 2022, providing a comprehensive analysis by region and market sector of projected Wallet as a Service (WaaS) sales for 2023 through 2029. With Wallet as a Service (WaaS) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Wallet as a Service (WaaS) industry.

This Insight Report provides a comprehensive analysis of the global Wallet as a Service (WaaS) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Wallet as a Service (WaaS) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Wallet as a Service (WaaS) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Wallet as a Service (WaaS) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Wallet as a Service (WaaS).

The Wallet as a Service (WaaS) market is experiencing significant growth, driven by the increasing demand for digital payment solutions and the rising adoption of cryptocurrencies. Major sales regions include North America, Europe, and Asia-Pacific, with the latter showing particularly robust expansion due to the rapid digitization of financial services and a high rate of mobile wallet adoption. Market opportunities are abundant in sectors such as e-commerce, banking, and fintech, where seamless and secure transaction capabilities are critical. However, challenges persist, including stringent regulatory environments, cybersecurity risks, and the need for continuous technological innovation to meet evolving consumer expectations and combat sophisticated fraud tactics. The integration of blockchain technology and artificial intelligence presents promising avenues for addressing these challenges and enhancing the functionality and security of WaaS platforms.

This report presents a comprehensive overview, market shares, and growth opportunities of Wallet as a Service (WaaS) market by product type, application, key players and key regions and countries.

Segmentation by Type:
Managed Wallet as a Service (WaaS)
Non-managed Wallet as a Service (WaaS)

Segmentation by Application:
Retail and E-commerce
Banking and Financial Services
Telecommunications
Transportation and Mobility
Gaming and Entertainment
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

Segmentation by Type:
Managed Wallet as a Service (WaaS)
Non-managed Wallet as a Service (WaaS)

Segmentation by Application:
Retail and E-commerce
Banking and Financial Services
Telecommunications
Transportation and Mobility
Gaming and Entertainment
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Coinbase
Fireblocks
Crypto APIs
Cobo
Wallet Factory
Green Packet
ChainUp
Thirdweb
CPAY
Magic
Particle
Web3Auth
Trust Wallet
OKX
Stardust
Fordefi
SmartMediaTech

Please note: The report will take approximately 2 business days to prepare and deliver.