Finance Industry Today

Global Remote Mobile Payment Market, Top key players are Apple Inc. ,Alphabet Inc. ,Dh Corporation ,Samsung Electronics ,Xiaomi ,Visa Inc

Global Remote Mobile Payment Market valued approximately USD 1707.22 billion in 2018 is anticipated to grow with a healthy growth rate of more than 44.90% over the forecast period 2019-2026.
Published 28 June 2019
Global Remote Mobile Payment Market Size study, by Type (Peer-to-Peer, M-commerce), by Application (Retail, Hospitality and Tourism, IT & Telecommunication, BFSI, Media and Entertainment, Others) and Regional Forecasts 2019-2026

The Remote Mobile Payment Market is continuously growing in the global scenario at significant pace. The Remote mobile payment occurs when the retailer is far off, and a customer wishes to purchase goods via SMS text message or mobile website with their mobile phones. Remote mobile payment offers a secure and safe payment method. The data security is precisely maintained and with advancement in technology the remote mobile payment option is also being developed further. The remote mobile payment technology is being used in various sectors such as retail, IT, telecommunications, hospitality, healthcare and many more.

Rising penetration of smartphones in both the developed and developing countries, emergence of near field communication and rising adoption of big data and Internet of Things are the substantial driving factors of the market during the forecast period. Moreover, rising government initiatives and technological innovations that has enabled real time authentication of personnel’s is the factors that likely to create numerous opportunity in the near future. However, data security concerns and complications associated with processing mobile payments such as threat of financial details of the card owner are the factors that hampering the growth of the market during the forecast period.
The regional analysis of Global Remote Mobile Payment Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share due to rising adoption of smartphones among people and early adoption of latest technology in the region. Europe is also estimated to grow at significant growth rate in the global Remote Mobile Payment market due to rising government initiatives to promote digital currency over the upcoming years. Further, Asia-Pacific is also anticipated to exhibit higher growth rate / CAGR over the forecast period 2019-2026 due to large consumer base of smartphone in the region.

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Some of the key players operating in this market include: Apple Inc. ,Alphabet Inc. ,Dh Corporation ,Samsung Electronics ,Xiaomi ,Visa Inc.

Reasons for Buying this Report

This report provides pin-point analysis for changing competitive dynamics

It provides a forward looking perspective on different factors driving or restraining market growth

It provides a six-year forecast assessed on the basis of how the market is predicted to grow

It helps in understanding the key product segments and their future

It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors

It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

TABLE OF CONTENT:

Chapter 1. Executive Summary

Chapter 2. Remote Mobile Payment Market Definition and Scope

Chapter 3. Remote Mobile Payment Market Dynamics

Chapter 4. Remote Mobile Payment Market Industry Analysis

Chapter 5. Remote Mobile Payment Market, by Type

Chapter 6. Remote Mobile Payment Market, by Application

Chapter 7. Remote Mobile Payment Market, by Regional Analysis

Chapter 8. Competitive Intelligence

Chapter 9. Research Process

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