Mobile wallet is a system that allows consumers to pay by phone during travel, from any location, anytime. The global mobile wallet market is expected to grow at a CAGR of 12.5% from 2012 to 2020. The key driver for the growth of the market is it to provide consumers with greater convenience for payment.
Mobile Wallet (NFC, Digital Wallet) Market (Applications, Mode of Payment, Stakeholders and Geography)
1. Published : 26-Nov-2013 Pages: 111
Mobile Wallet (NFC, Digital Wallet) Market
Mobile Wallet (NFC, Digital Wallet) Market (Applications, Mode of Payment, Stakeholders
and Geography) - Global Share, Size, Industry Analysis, Trends, Opportunities, Growth and
Forecast, 2012 - 2020
2. Report Overview
Mobile wallet is a system that allows consumers to pay by phone during travel, from any
location, anytime. The global mobile wallet market is expected to grow at a CAGR of 12.5%
from 2012 to 2020. The key driver for the growth of the market is it to provide consumers
with greater convenience for payment. It is estimated that more than 70% smartphone users
are willing to adopt mobile payment modes and 15% have already completed the adoption.
However, the payment method can be used till the mobile has power and battery backup.
Therefore, when the battery of the mobile is down, the mobile wallet cannot be used. This is
one of the key restraints for the growth of the market. Smartphone users have multiple
applications on their phones which consume power and the chances of battery outages are
high. This limits the usability of the mobile wallet application. An important challenge for
technology providers is to make the advances in the emerging NFC technology, as it is
expected to have high demand among consumers.
3. Key Benefits
This report provides market intelligence with respect to applications, mode of payment,
stakeholders and geographies
Deep dive of top factors impacting the market growth
SWOT analysis and strategic developments are included in the report for key players
To study the challenges and opportunities available in the mobile wallet market
To derive market estimates for mobile wallet market and its sub-segments
To analyze the key strategies adopted by major market players engaged in the market
To analyze the market factors in various geographic regions and understand business
opportunities
To assess and rank the top factors that are expected to affect the growth of the market
4. Table Of Contents
1. Introduction
2. Executive Summary
3. Key Finding : Mobile Wallet & NFC Market Study
4. Market Dynamics
5. Global Mobile Wallet Market By Application
6. Global Mobile Wallet Market By Mode Of Payment
7. Mobile Wallet Market By Stakeholders
8. Geographic Analysis
9. Corporate Profiles And Analysis
5. Mobile Wallet & NFC Market Study
Mobile Wallet Scope and Definition
Why Mobile Wallet?
Top Ten Factors Impacting the Mobile Wallet Market
Top Winning Strategies in the Mobile Wallet & NFC
Global Market Players Positioning
Porters Five Force Model For Mobile Wallet & NFC Markets
Mobile Wallet Venture Capital Investments
Mobile Wallet Payment Aspects, Basics and Concerns
6. Market Dynamics
Key Market Drivers
Greater Convenience and Accessibility
High Smartphone Penetration Levels
Increasing Usage of Value-Added
Services and Other Benefits
Market Restraints
Investment and Deployment Issues
Battery Down, Mobile Wallet Down
Consumers’ Habits and Concerns
Pertaining to Mobile Wallet
7. Global Market, By Application
Mobile Commerce Market
• Mobile Wallet Shopping Market
• Mobile Wallet Bill Payments Market
• Mobile Wallet Hotel Booking and Payments Market
Mobile Ticketing Market
• Rail, Metro and Bus Tickets
• Airline Tickets and Boarding Passes
Mobile Coupons Market
Mobile Transfers Market
Micropayments
8. Global Market, By Mode Of Payment
2012 –
2020
($Billion)
Remote
Payment
NFC
Payment
NFC
Product
Market
9. Global Market, By Stakeholders
STAKEHOLDERS
Mobile
Network
Operators
(MNOs)
Handset and
other
Hardware
Solution
Manufacturers
Other
Stakeholders
Content and
Applications
Aggregators
Software
Developers
and Cloud
Computing
OSS/BSS
Solution
Providers