Global Mobile Payments
Summary
Global Mobile Payments industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Mobile payment is a technology that allows individuals to make financial transactions through their mobile devices, such as smartphones or tablets. It involves the use of mobile applications or web-based platforms that enable users to complete transactions, including online purchases, bill payments, and money transfers, among others. Mobile payment methods vary, but they generally involve the use of digital wallets, which store users' payment information, such as credit or debit card details, and authenticate transactions using biometric data or security codes.
- The global mobile payments market recorded revenues of $10,273.6 billion in 2023, representing a compound annual growth rate (CAGR) of 29.6% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 31.7% between 2018 and 2023, reaching a total of 432.4 billion transactions in 2023.
- Asia-Pacific held the largest share of 88.1% of the global mobile payments market in 2023, followed by Europe at 5.5%, North America at 3.5%, South America at 1.0%, and Middle East & Africa at 0.8% in 2023.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the mobile payments market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global mobile payments market
- Leading company profiles reveal details of key mobile payments market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Global mobile payments market with five year forecasts by both value and volume
- What was the size of the Global mobile payments market by value in 2023?
- What will be the size of the Global mobile payments market in 2028?
- What factors are affecting the strength of competition in the Global mobile payments market?
- How has the market performed over the last five years?
- Who are the top competitors in the global's mobile payments market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Geography segmentation
- 1.6. Market rivalry
- 1.7. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the recent developments in the market?
- 8 Company Profiles
- 8.1. Alipay.com Co Ltd
- 8.2. Apple Pay Ltd
- 8.3. PayPal Holdings Inc
- 8.4. WeChat Payment
- 8.5. Google India Digital Services Pvt Ltd
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Global mobile payments market value: $ million, 2018-23
- Table 2: Global mobile payments market volume: million units, 2018-23
- Table 3: Global mobile payments market geography segmentation: $ million, 2023
- Table 4: Global mobile payments market value forecast: $ million, 2023-28
- Table 5: Global mobile payments market volume forecast: million units, 2023-28
- Table 6: Alipay.com Co Ltd: key facts
- Table 7: Alipay.com Co Ltd: Key Employees
- Table 8: Apple Pay Ltd: key facts
- Table 9: PayPal Holdings Inc: key facts
- Table 10: PayPal Holdings Inc: Annual Financial Ratios
- Table 11: PayPal Holdings Inc: Key Employees
- Table 12: PayPal Holdings Inc: Key Employees Continued
- Table 13: WeChat Payment: key facts
- Table 14: Google India Digital Services Pvt Ltd: key facts
- Table 15: Global exchange rate, 2018-23
- List of Figures
- Figure 1: Global mobile payments market value: $ million, 2018-23
- Figure 2: Global mobile payments market volume: million units, 2018-23
- Figure 3: Global mobile payments market geography segmentation: % share, by value, 2023
- Figure 4: Global mobile payments market value forecast: $ million, 2023-28
- Figure 5: Global mobile payments market volume forecast: million units, 2023-28
- Figure 6: Forces driving competition in the global mobile payments market, 2023
- Figure 7: Drivers of buyer power in the global mobile payments market, 2023
- Figure 8: Drivers of supplier power in the global mobile payments market, 2023
- Figure 9: Factors influencing the likelihood of new entrants in the global mobile payments market, 2023
- Figure 10: Factors influencing the threat of substitutes in the global mobile payments market, 2023
- Figure 11: Drivers of degree of rivalry in the global mobile payments market, 2023
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