The growing use of 3G and 2G mobile data and broadband globally is a major factor contributing to the growth of the global mobile wallet market.

1. Mobile Wallet Market Globally Grow at a CAGR of 35.5% by Revenue
During the Forecast Period 2016-2021
Researchmoz added Most up-to-date research on "Global Mobile
Wallet Market 2017-2021" to its huge collection of research reports.
About Mobile Wallets
The growing use of 3G and 2G mobile data and broadband globally is a major
factor contributing to the growth of the global mobile wallet market. Mobile
wallets are equipped with options like integration with coupons and tickets,
which are making them highly popular among users. In addition, users can also
save their card and bank details on their smartphones and make payments and
purchases easily. The increasing technological advances in NFC devices and
growing security of payment portals are other factors driving the market
growth.
Technavios analysts forecast the global mobile wallet market to grow
at a CAGR of 35.5% during the period 2017-2021.
Covered :
The report covers the present scenario and the growth prospects of the global
mobile wallet market for 2017-2021. To calculate the market size, the report
considers the revenue generated from the from retail transactions sourced
through mobile wallets. These transactions include m-commerce transactions,
mobile ticketing, mobile coupons, money transfer, and micropayments.
Segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Mobile Wallet Market 2017-2021, has been prepared
based on an in-depth market analysis with inputs from industry experts. The
report covers the market landscape and its growth prospects over the coming
years. The report also includes a discussion of the key vendors operating in this
market.

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Key vendors
Alibaba Group
Apple
Citrus Payment Solutions
Google
MasterCard
Oxigen Services
PayPal Holdings
Samsung Electronics
Visa
Other prominent vendors
Airtel
American Express
Bank of America
Dwolla
LevelUp
LivQuik
Merchant Customer Exchange
MobiKwik
M-Pesa
Square
Venmo
Y-cash Software Solutions
ZipCash
Key driver
High adoption of contactless payment solutions
For a full, detailed list, view our report
Key challenge
Lack of awareness about features of mobile wallet technology
For a full, detailed list, view our report
Key trend
Rapid growth in 3G/4G subscriptions and mobile data consumption
For a full, detailed list, view our report

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