Global Mobile Money Market Segment by Regions and Industry Analysis by Players till 2025
This report focuses on the Mobile Money Market in Global market, especially in United States, China, South Korea, United Kingdom, Southeast Asia and India. This report categorizes the market based on manufacturers, countries, type and application.
(EMAILWIRE.COM, September 18, 2018 ) The Global Mobile Money Market was valued at USD 21.35 billion in 2016 and is projected to reach USD 443.96 billion by 2025, growing at a CAGR of 40.1% from 2017 to 2025.
Mobile money is the usage of mobile phones to pay bills, deposit or withdraw funds, or to transfer money between accounts. It is an alternative to having bank accounts and therefore is a popular substitute. Mobile money has many advantages such as brand building, personalization of corporate banking services and customer education. The feature can be used on both basic phones as well as smartphones and therefore makes it accessible to a larger population of people.
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Mobile Money’s market growth is driven by the need for creation of business avenues for stakeholders and to have ubiquitous access to financial situations, flexible money services, the growing trends of mobile money services and therefore cashless payments. Apart from these, some factors that restrain mobile money’s market growth is the weak network coverage, the concerns for data security and less knowledge about the benefits of mobile money service.
Competitive Landscape:
The major players in the market are as follows:
Mastercard Incorporated
Bharti Airtel Limited
Vodafone Group PLC
Paypal PTE. Ltd.
Orange S.A.
Gemalto
Monitise PLC
Google Inc.
Mahindra Comviva
Fidelity National Information Services, Inc.
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Mobile money is the usage of mobile phones to pay bills, deposit or withdraw funds, or to transfer money between accounts. It is an alternative to having bank accounts and therefore is a popular substitute. Mobile money has many advantages such as brand building, personalization of corporate banking services and customer education. The feature can be used on both basic phones as well as smartphones and therefore makes it accessible to a larger population of people.
Download Sample Copy@ https://www.verifiedmarketresearch.com/download-sample/?rid=1789
Mobile Money’s market growth is driven by the need for creation of business avenues for stakeholders and to have ubiquitous access to financial situations, flexible money services, the growing trends of mobile money services and therefore cashless payments. Apart from these, some factors that restrain mobile money’s market growth is the weak network coverage, the concerns for data security and less knowledge about the benefits of mobile money service.
Competitive Landscape:
The major players in the market are as follows:
Mastercard Incorporated
Bharti Airtel Limited
Vodafone Group PLC
Paypal PTE. Ltd.
Orange S.A.
Gemalto
Monitise PLC
Google Inc.
Mahindra Comviva
Fidelity National Information Services, Inc.
Ask for Discount @ https://www.verifiedmarketresearch.com/ask-for-discount/?rid=1789
About Us:
Verified Market Research Insights is a stand-alone organization with a solid history of advancing and exchanging market research reports and logical surveys delivered by our numerous transnational accomplices, which incorporate both huge multinationals and littler, more expert concerns.
Contact Information:
Verified Market Research
Contact Person: Ankush
Tel: +1650781 4080
Email us: sales@verifiedmarketresearch.com
Contact Information:
Verified Market Research
Amaan Kazi
Tel: +1 (650) 781 4080
Email us
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Verified Market Research
Amaan Kazi
Tel: +1 (650) 781 4080
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results