Japan Mobile Payments Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The Japanese mobile payments market is estimated to register a CAGR of 24.7% from 2022 to 2027. The market is witnessing an influx of global players, collaborating with and acquiring locally established players. The Japanese economy and the technological advancements in the country are attracting more investors to the growing mobile payments sector.
Key HighlightsThe Japanese mobile payments market is moderately fragmented, portraying intense competition among the companies offering services. Several communication companies are offering integration with their existing apps to make payments using smartphones. Telecom operators are also looking forward to entering the space with their unique offerings. The ecosystem is seeing new players from global ecosystems expand through Japan.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook