Global Mobile Payment Market with Focus on Fingerprint Technology (2016 - 2020)
SKU ID : DR-10111982 | Publishing Date : 01-Apr-2016 | No. of pages : 61
"Scope of the Report
The report titled “Global Mobile Payment Market with Focus on Fingerprint Technology (2016 - 2020)” offers detailed examination of the mobile payment market with in- depth study of market size and growth, market share and economic impact of the market. The mobile payment industry report also gives details about the market size of the global payments market.
Furthermore, it also delivers regional analysis of Africa, Western Europe, Middle East, Japan, Rest of Asia Pacific, Eastern Europe and North America for the mobile payments market. Regional analysis comprises of the actual and predicted market sizing of the mobile payments market for the above-mentioned areas. Additionally, the report also offers comprehensive examination of the global mobile payment platforms and study of fingerprint technology for mobile payments.
Subsequently, the report also assesses the key opportunities in the market and summaries the factors that are and will be driving the growth of the industry. Also, Mobile payment with fingerprint technology market leaders and Mobile payment with fingerprint technology industry key players are also mentioned. Growth of the complete global mobile payments market has also been predicted for the period 2016-2020, considering the previous growth patterns, the growth drivers and the present and future trends. The competition in the global payment market is controlled by the big players like Apple Pay, Android Pay and Samsung Pay, whose company profiling has also been prepared in the report.
Country Coverage
- Rest of APAC, Eastern Europe, Middle East and Africa
- Japan
- Western Europe
- North America
Company Coverage
- Google (Android Pay)
- Apple (Apple Pay)
- Samsung (Samsung Pay)
Executive Summary
is. A transfer of value from one party to another in exchange for some good, service or both known as Payment. Payment revenues can be classified into the following: Domestic Transaction, Cross Border Transactions, Liquidity and Credit Cards.
Mobile payments refer to payment services performed via a mobile device, such as a cellular telephone or a smartphone. Instead of paying with cash, cheque, or credit cards, a consumer can use a mobile phone to pay for a wide range of services and digital or hard good. Other names for mobile payments are mobile money, mobile money transfer or mobile wallet.
The mobile Payment market can be segmented by type of payments, into P2P Transfer, bill payment, bulk disbursement, merchant payment, international remittance and airtime top up. The mobile payment facility can be accessed using various technologies like SMS/ USSD, direct mobile billing, WAP and NFC. Four types of mobile payment service provider model exist, they are: operator-centric model, bank-centric model, collaboration model and peer to peer model. Market participants in the mobile payment market include banks, Telco, smartphone manufacturers, social media, retailers, and niche providers that offer a wide range of products.
The global mobile payment market has increased at a significant annual growth rate in 2015 as compared to the preceding year and projections are made that the market would rise in the next five years i.e. 2016-2020. The major growth drivers for the market are increasing global smartphone sales, rising NFC enabled smartphones, increasing international remittance, development of fintech players, bank’s focus on mobile payment facilities, etc. Yet there are some challenges, which the market faces, such as security concerns, immaturity, regulatory hold-back and availability of alternatives."
Frequently Asked Questions
- By product type
- By End User/Applications
- By Technology
- By Region