Mobile Payment Market, Users Worldwide & Countries Forecast to 2014

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Renub Research has announced the addition of the "Mobile Payment Market, Users Worldwide & Countries Forecast to 2014” report to its offering



Mobile Payment - Market Overview

In a world where technology can be used for multiple exchanges, the use of mobile phones is no longer limited to simple voice communication functions. Mobiles are now providing access to a growing number of services. Mobile payment or M-payment is a service which is continually gaining in popularity as there are huge number of mobile phone users and bank card holders. This service therefore has great potential as new economic market brings; together disconnected banking and telecom sectors.
The number of mobile payment subscribers worldwide was nearly 2 Billion users in 2011. The total value of mobile payment market is expected to cross US$ 500 Billion by 2014. North America and Asia is expected to become the most important markets; together both of them accounting for more than 60% of the total market share and 80% of mobile payment users.
In North American region, United State is expected to dominate the mobile payment market volume with more than US$ 200 Billion by 2015. In Asian region Japan will lead the mobile payment market due to higher per capita income. It will be followed by South Korea, China and India in the 2nd 3rd and 4th position respectively. In Latin America Brazil holds the mobile payment market with 90% market share in 2011. Western Europe mobile payment market is forecasted to grow with a CAGR of 68.17% with the spanning period of 2011 – 2015.
But, in terms of mobile payment users, China is the leader in Asian market. China is expecting to have nearly ten times more mobile payment users than Japan. India and Eastern Europe & Middle East & Africa are expected to have more than 100 Million and 150 Million mobile payment users by 2015.
In mobile payment methods, NFC based mobile payment market is growing tremendously. NFC based mobile payment market is likely to grow with a CAGR of 118% in the spanning period of 2011-2015. Mobile Ticketing is expected to capture around 40% share of the total mobile payment market by 2014. The premium SMS market share is predicted to decline due to consumer trend moving towards NFC enabled technology.

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Mobile Payment Market, Users Worldwide & Countries Forecast to 2014

  1. 1. Renub Research www.renub.com Mobile Payment Market, Users Worldwide & Countries Forecast to 2014 Published: March, 2012 Copyright © 2012 Renub Researchwww.renub.com - All Rights Reserved Renub Research
  2. 2. Worldwide- Mobile Payment Market 2011 - 2014 Worldwide – Mobile Payment Market & Forecast (Billion US$), 2011 – 2014 Source: Given in the report Renub Research www.renub.com
  3. 3. Order the report & get - Mobile Payment Market, Users Worldwide & Countries Forecast to 2014 A comprehensive – 2020 report, 2007 138 page supported by data-rich 95 Figures & 8 Tables Renub Research www.renub.com
  4. 4. Data Available for - Mobile Payment Market Share, Users Share & Forecast– North America, Asia, Western Europe, MEA, Latin America, Central & Eastern Europe (Percent), 2011 – 2014 Worldwide – Mobile Payment Market Share & Forecast (Percent), 2011 – 2014 Source: Given in the report Renub Research www.renub.com
  5. 5. Data available for:- Geographical Distribution – Mobile Payment Market Share, Users Share & Forecast – North America, Latin America, Asia and Europe (2010 – 2014) Asia – Forecast for Mobile Payment Market Share (Percent), 2014 Source: Given in the report Renub Research www.renub.com
  6. 6. Get data on - : Geographical Distribution - Mobile Payment Market, No. of Users & Forecast – US, Canada, Brazil, Mexico, Japan, China, India, South Korea, Europe (To 2015) United States – Forecast for Mobile Payment Market (Billion US$), 2012 – 2015 Source: Given in the report Renub Research www.renub.com
  7. 7. Get data on - Worldwide Mobile Payment Method Market Share & Forecast from 2011 - 2014 Worldwide – Mobile Payment Method Market Share & Forecast (Percent), 2011 – 2014 Source: Given in the report Renub Research www.renub.com
  8. 8. Get data on - : Mobile Payment Method Market- Near Field Communication (NFC) Payment, Mobile Ticketing Market, Mobile Money Transfer , Premium SMS and Digital Goods Market & Forecast to 2015 Worldwide – Forecast for Mobile NFC Payment Market (Billion US$), 2012 – 2015 Source: Given in the report Renub Research www.renub.com
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  10. 10. Format Report Title: Mobile Payment Market, Users Worldwide & Countries Forecast to 2014 For More Details: http://www.renub.com/report/mobile-payment-marketusers-worldwide-countries-forecast-to-2014-59 Single User (Email from Publisher) US$ 1,450 Hard Copy CD – Rom (Mail Delivery) (Mail Delivery) US$ 1,600 US$ 1,550 Renub Research Global Site License (Multiple User License) US$ 2,200 www.renub.com
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