Mobile Payment Technologies Market- Increasing Adoption Of Smartphones And Tablets Across Emerging Economies Mobile Payment Technologies Market – Snapshot According to a new market report published by Transparency Market Research titled “ Mobile payment technologies market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”, the global mobile payment technologies market is expected to reach US$ 50,561.64 Mn by 2026, expanding at a CAGR of 37.8% from 2018 to 2026. Asia Pacific held a prominent share of the mobile payment technologies market in 2017 and is projected to be at the forefront of global demand, and the market in the region is expected to expand at a significant CAGR among all regions. Mobile payment is a concept wherein a portable electronic device such as a smartphone, tablet, or cell phone is operated as a payment medium. Mobile payment technology allows consumers to make immediate payments for products and services. Growing adoption of advanced technologies such as near field communication (NFC), wearable devices, and mobile point-of-sale (m-POS) are expected to lift the demand for mobile payment technologies in the forthcoming years. The idea of using mobile payment technologies derives from avoiding the usage of currency, coins, plastic, and paper media such as checks, cash, bank transactions, and debit/credit cards. Currently, the mobile payment technologies market is expanding at a higher rate due to the increasing adoption of smartphones and tablets across emerging economies. Get PDF Sample for Detailed Analysis of this Research @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=157 Remote payment segment to expand rapidly during the forecast period The mobile payment technologies market can be segmented based on type, purchase type, end-use applications,end-user, and geography. Based on type, the mobile payment technologies market has been segmented into proximity payment and remote payment. The growth of the remote payment segment is due to increasing adoption of mobile wallets by consumers for payment purposes at the retailers or for ecommerce. Proximity payment technology market is further segmented into near field communication (NFC) and QR code payments. Download Report TOC for in-depth analysis @ https://www.transparencymarketresearch.com/report-toc/157 Money Transfers & Payments segment to be a major revenue generating segment in 2026 Based onpurchase type,the mobile payment technologies market has been divided intoairtime transfers & top-ups, money transfers & payments, merchandise & coupons, travel & ticketing and others. In terms of end-user, the mobile payment technologies market has been divided into hospitality and tourism sector, BFSI, media and entertainment, retail sector, healthcare, education, IT & Telecommunication, and others. Major players operating in the global mobile payment technologies market include MasterCard International Inc., Visa, Inc., American Express, Co., Boku, Inc., Fortumo, PayPal, Inc., Bharti Airtel Ltd., Vodafone Ltd., AT & T, Inc., Google, Inc., Apple, Inc.,Tencent,Ant Financial Services Group, and Microsoft Corporation.
Mobile Payment Technologies Market
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