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Consumer Mobile Payments Market Growth Projection to 2025

 



(MoneyNewsWire.Net, September 12, 2018 ) Global Consumer Mobile Payments Market Size Status and Forecast 2018-2025

This report focuses on the global Consumer Mobile Payments status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Consumer Mobile Payments development in United States, Europe and China.

Get sample copy of this report: http://www.reportsweb.com/inquiry&RW00012227124/sample

Companies Profiled in this report includes: ACI Worldwide, Alphabet, Samsung Electronics, DH, Fidelity National Information Services, Fiserv, Jack Henry & Associates, MasterCard, PayPal Holdings, Square, Visa, Apple

E-commerce is well and truly here to stay and has revolutionized the retail industry. E-commerce has essentially transformed the world into one big global village, allowing companies to reach customers in far-flung areas. The developing world in particular is predicted to be 'mobile-first' or even 'mobile-only', and smartphone sales have already eclipsed that of traditional PCs. The comfort and convenience provided by mobile e-commerce is unparalleled and it aims to cater to the demand for niche products as well as traditional ones. Any company that chooses to ignore the mobile e-commerce movement does so at its own peril. The smartphone explosion has led to mobile wallets and contactless payments being adopted slowly but surely. Developing countries are leading the way when it comes to becoming cashless and they have taken to the mobile phone to transfer funds like no other device. A few of the factors responsible for widespread adoption of mobile payments include efficiency, cost-effectiveness, usability, transaction security and interoperability. Even though credit and debit cards currently enjoy a higher rate of usage, the advent of mobile payment Apps and other contactless payments should ensure that they become the go-to-solution for all kinds of payment needs in the future.

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As retailers install new payment terminals to enable contactless payment, this will go a long way in solving logistical constraints. With the introduction of Apple Pay, Samsung Pay and Android Pay, the millennial generation is at the forefront of adopting new technology by embracing mobile payments. With this seismic shift in payment methods, it is logical to assume that even older generations will follow millennials and take to mobile payments in retail. Adopting and enabling mobile payments allows companies to invest in newer technology that is far more user-friendly and intuitive. Consumers would also be happy to use these services that would make their daily lives immeasurably easier. A smartphone is a gadget that is more of a necessity than a luxury in the 21st century and companies have not been blind to this. They are well-aware that their customers are using their mobile for anything and everything and therefore, mobile payments would be the next logical step in the journey towards a cashless economy. Mobile contactless payments are quickly becoming the new normal method to pay retailers as the need to visit an ATM to withdraw cash is eliminated.

The study objectives of this report are:
To analyze global Consumer Mobile Payments status, future forecast, growth opportunity, key market and key players.
To present the Consumer Mobile Payments development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.

Table of Content:

1 Report Overview

2 Global Growth Trends

3 Market Share by Key Players

4 Breakdown Data by Type and Application

5 United States

6 Europe

7 China

8 Japan

9 Southeast Asia

10 India

11 Central & South America

12 International Players Profiles

12.1 ACI Worldwide

12.1.1 ACI Worldwide Company Details

12.1.2 Company Description and Business Overview

12.1.3 Consumer Mobile Payments Introduction

12.1.4 ACI Worldwide Revenue in Consumer Mobile Payments Business (2013-2018)

12.1.5 ACI Worldwide Recent Development

12.2 Alphabet

12.2.1 Alphabet Company Details

12.2.2 Company Description and Business Overview

12.2.3 Consumer Mobile Payments Introduction

12.2.4 Alphabet Revenue in Consumer Mobile Payments Business (2013-2018)

12.2.5 Alphabet Recent Development

12.3 Samsung Electronics

12.3.1 Samsung Electronics Company Details

12.3.2 Company Description and Business Overview

12.3.3 Consumer Mobile Payments Introduction

12.3.4 Samsung Electronics Revenue in Consumer Mobile Payments Business (2013-2018)

12.3.5 Samsung Electronics Recent Development

12.4 DH

13 Market Forecast 2018-2025

Complete Report: http://www.reportsweb.com/buy&RW00012227124/buy/3900

Contact Info:
Name: Sameer Joshi
Email: sales@reportsweb.com
Company Name: ReportsWeb
Website: Reportsweb.com

Phone: +1-646-491-9876

About ReportsWeb:

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Rajat Sahni

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sales@reportsweb.com

Source: EmailWire.Com


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