Mobile Wallet Market

Global Mobile Wallet Market Size, Trends & Analysis - Forecasts to 2029 By Technology (Remote and Proximity), By Application (Retail & E-commerce, Hospitality & Transportation, Banking, Vending Machine, and Others), and By Region (North America, Asia Pacific, Central and South America, Europe, and Middle East and Africa), Competitive Landscape, Company Market Share Analysis, and End User Analysis

Category Electronics, Semiconductors and Information & Communication Technology
Format
  • ms word
  • ms excel
  • ms ppt
  • pdf
This report was recently updated on July 20 2024 with the latest and most recent market numbers

Global Mobile Wallet Market Size

The global mobile wallet market is projected to grow at a CAGR of 26.5% from 2024 to 2029.

Widespread use of digital payment solutions and mobile payment platforms is a major factor contributing to the growth of the mobile wallet market. Consumers are increasingly preferring the convenience of completing cashless transactions through e-wallet services or online payment wallets, which provide seamless and secure transactions across several platforms. The merging of mobile banking apps and digital wallet apps has accelerated this rise by allowing users to manage their money and make payments from a single interface.

Contactless payment technology, such as NFC payment systems and QR code payments, have also played an important role. These technologies improve transaction efficiency, making payments faster and more convenient in retail, transportation, and other industries. The wallet security features which are built in mobile wallet apps have increased consumer confidence by resolving concerns about mobile payment security. This incorporates encryption techniques, biometric authentication, and real-time transaction monitoring to ensure that consumers' financial information is secure.

Mobile wallet market analysis shows that the proliferation of digital currency wallets and P2P payment apps contributes to the increase in mobile wallet adoption. These platforms enable fast mobile money transfer between individuals and businesses, increasing financial inclusion and decreasing reliance on traditional banking institutions. Furthermore, the adoption of wallet rewards programs by providers has encouraged consumers to use mobile wallets for their daily activities. These programs include rewards, discounts, and loyalty points to enhance wallet user experience.

Restraint in the mobile wallet market is the need to ensure universal compatibility and interoperability across multiple mobile devices, operating systems, and payment networks.

global mobile wallet market

Global Mobile Wallet Market: By Technology

The proximity segment is expected to hold the largest share of the market. This growth is due to its convenience and extensive use in contactless payments. This technology enables customers to conduct secure transactions by waving or tapping their cell phones near a payment terminal. With growing trends favoring cashless transactions and rising smartphone penetration globally, the Proximity category is projected to maintain its lead owing to its ease of use and better security features.

The remote segment is expected to be the fastest-growing segment in the market from 2024 to 2029, as internet connectivity improves and e-commerce and online payments become more popular worldwide. This technology allows customers to do transactions from anywhere, providing accessibility and convenience. Increasing consumer trust in internet security measures contributes to the remote segment's market growth.

Global Mobile Wallet Market: By Application

The banking segment is anticipated to be the fastest-growing segment in the market from 2024 to 2029 as banking services become more digitally integrated. Mobile wallets enable banks to increase consumer engagement through features such as mobile payments, digital wallets, and tailored banking experiences. As financial institutions prioritize digital transformation and customer-centric solutions, mobile wallet acceptance in the banking sector will likely increase significantly over the forecast period.

The retail and e-commerce segment is expected to hold the largest share of the market. The segment's growth is due to consumers increasing demand for secure digital payment solutions. Mobile wallets simplify transactions at retail and online establishments, providing advantages such as speedier checkouts and reward program integration. As e-commerce grows globally, the retail and e-commerce industries are projected to maintain their lead in mobile wallet use.

asia pacific mobile wallet market

Global Mobile Wallet Market: By Region

North America is expected to be the largest region in the global market. The primary reasons boosting the market growth in this region include high smartphone usage, advanced payment infrastructure, and strong digital payment ecosystems. North America's supremacy is partly due to rising consumer demand for simple payment options, strong legislative frameworks that encourage digital transactions, and a mature financial services sector. The region's early adoption of mobile wallet technology and favorable consumer behaviour toward digital payments helped strengthen its position as the leading regional market.

Asia Pacific is predicted to witness rapid growth during the forecast period. The regional market growth is attributed to the rising smartphone penetration, increased internet connectivity, and rising consumer desire for cashless transactions. Countries such as China, India, and Southeast Asian nations are critical, with significant government programs pushing digital payments. The region's dynamic e-commerce sector and growing middle-class population drive mobile wallet use, establishing Asia Pacific as one of the major regions in the global market.

Global Mobile Wallet Market Share and Competitor Analysis

Amazon Web Services, Inc., Visa Inc., American Express, PayPal Holdings Inc., Apple Inc., Google Inc., Airtel, Mastercard, Alipay, Samsung, and AT&T, among others, are some of the key players operating in the global mobile wallet market.

Please note: This is not an exhaustive list of companies profiled in the report.

Global Mobile Wallet Market: Recent Developments

In February 2024, Visa announced significant enhancements to its digital wallet capabilities through Visa Commercial Pay, targeting B2B transactions globally. This expansion includes integrating Conferma Pay’s virtual payments technology, allowing businesses to add virtual corporate cards to digital wallets like Apple Pay and Google Pay.

In May 2024, Google launched its Google Wallet app in India, focusing on non-payment use cases such as storing and managing digital documents like boarding passes, loyalty cards, and event tickets. Unlike Google Pay, which handles payments, the Google Wallet app in India does not support payment card storage or tap-and-pay features in stores. This marks a strategic move by Google to expand its ecosystem offerings explicitly tailored for the Indian market, enhancing user convenience in everyday transactions and travel experiences.

 

1          STRATEGIC INSIGHTS ON NEW REVENUE POCKETS

1.1    Strategic Opportunity & Attractiveness Analysis

1.1.1        Hot Revenue Pockets

1.1.2        Market Attractiveness Score

1.1.3        Revenue Impacting Opportunity

1.1.4        High Growing Region/Country

1.1.5        Competitor Analysis

1.1.6        Consumer Analysis

1.2    Global Market Estimates' View

1.3    Strategic Insights across Business Functions

1.3.1        For Chief Executive Officers

1.3.2        For Chief Marketing Officers

1.3.3        For Chief Strategy Officers

1.4    Evaluate the Potential of your Existing Business Lines vs. New Lines to Enter Into

2          TECHNOLOGICAL TRENDS

2.1   Technological Adoption Rate

2.2   Current Trend Impact Analysis

2.3   Future Trend Impact Analysis

3          GLOBAL MARKET OUTLOOK

3.1   Market Pyramid Analysis

3.1.1        Introduction

3.1.2        Adjacent Market Opportunities

3.1.3        Ancillary Market Opportunities

3.2   Demand Side Analysis

3.2.1        Market Drivers: Impact Analysis

3.2.2        Market Restraints: Impact Analysis

3.2.3        Market Opportunities: Impact Analysis

3.2.4        Market Challenges: Impact Analysis

3.3   Supply Side Analysis

3.3.1        Porter’s Five Forces Analysis

3.3.1.1 Threat of New Entrants

3.3.1.2 Threat of New Substitutes

3.3.1.3 Bargaining Power of Suppliers

3.3.1.4 Bargaining Power of Buyers

3.3.1.5 Intensity of Competitive Rivalry

3.3.2        SWOT Analysis; By Factor (Political & Legal, Economic, and Technological)

3.3.2.1 Political Landscape

3.3.2.2 Economic Landscape

3.3.2.3 Social Landscape

3.3.2.4 Technology Landscape

3.3.3        Value Chain Analysis

3.3.4        Trend Analysis

3.3.5        Gap Analysis

3.3.6        Cost Analysis

4          GLOBAL MOBILE WALLET MARKET, BY APPLICATION

4.1   Introduction

4.2   Mobile Wallet Market: Application Scope Key Takeaways

4.3   Revenue Growth Analysis, 2023 & 2029

4.4   Retail & E-commerce

4.4.1        Retail & E-commerce Market Estimates and Forecast, 2021-2029 (USD Million)

4.5   Hospitality & Transportation

4.5.1        Hospitality & Transportation Market Estimates and Forecast, 2021-2029 (USD Million)

4.6   Banking

4.6.1        Banking Market Estimates and Forecast, 2021-2029 (USD Million)

4.7   Vending Machine

4.7.1        Vending Machine Market Estimates and Forecast, 2021-2029 (USD Million)

4.8   Others

4.8.1        Others Market Estimates and Forecast, 2021-2029 (USD Million)

5          GLOBAL MOBILE WALLET MARKET, BY TECHNOLOGY

5.1   Introduction

5.2   Mobile Wallet Market: Technology Scope Key Takeaways

5.3   Revenue Growth Analysis, 2023 & 2029

5.4   Remote

5.4.1        Remote Market Estimates and Forecast, 2021-2029 (USD Million)

5.5   Proximity

5.5.1        Proximity Market Estimates and Forecast, 2021-2029 (USD Million)

6          GLOBAL MOBILE WALLET MARKET, BY REGION

6.1   Introduction

6.2   North America Mobile Wallet Market Estimates and Forecast, 2021-2029 (USD Million)

6.2.1        By Application

6.2.2        By Technology

6.2.3        By Country

6.2.3.1     U.S. Mobile Wallet Market Estimates and Forecast, 2021-2029 (USD Million)

6.2.3.1.1        By Application

6.2.3.1.2        By Technology

6.2.3.2     Canada Mobile Wallet Market Estimates and Forecast, 2021-2029 (USD Million)

6.2.3.2.1        By Application

6.2.3.2.2        By Technology

6.2.3.3     Mexico Mobile Wallet Market Estimates and Forecast, 2021-2029 (USD Million)

6.2.3.3.1        By Application

6.2.3.3.2        By Technology

6.3   Europe Mobile Wallet Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.1        By Application

6.3.2        By Technology

6.3.3        By Country

6.3.3.1     Germany Mobile Wallet Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.1.1        By Application

6.3.3.1.2        By Technology

6.3.3.2     U.K. Mobile Wallet Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.2.1        By Application

6.3.3.2.2        By Technology

6.3.3.3     France Mobile Wallet Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.3.1        By Application

6.3.3.3.2        By Technology

6.3.3.4     Italy Mobile Wallet Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.4.1        By Application

6.3.3.4.2        By Technology

6.3.3.5     Spain Mobile Wallet Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.5.1        By Application

6.3.3.5.2        By Technology

6.3.3.6     Netherlands Mobile Wallet Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.6.1        By Application

6.3.3.6.2        By Technology

6.3.3.7     Rest of Europe Mobile Wallet Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.6.1        By Application

6.3.3.6.2        By Technology

6.4   Asia Pacific Mobile Wallet Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.1        By Application

6.4.2        By Technology

6.4.3        By Country

6.4.3.1     China Mobile Wallet Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.1.1        By Application

6.4.3.1.2        By Technology

6.4.3.2     Japan Mobile Wallet Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.2.1        By Application

6.4.3.2.2        By Technology

6.4.3.3     India Mobile Wallet Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.3.1        By Application

6.4.3.3.2        By Technology

6.4.3.4     South Korea Mobile Wallet Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.4.1        By Application

6.4.3.4.2        By Technology

6.4.3.5     Singapore Mobile Wallet Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.5.1        By Application

6.4.3.5.2        By Technology

6.4.3.6     Malaysia Mobile Wallet Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.6.1        By Application

6.4.3.6.2        By Technology

6.4.3.7     Thailand Mobile Wallet Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.6.1        By Application

6.4.3.6.2        By Technology

6.4.3.8     Indonesia Mobile Wallet Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.7.1        By Application

6.4.3.7.2        By Technology

6.4.3.9     Vietnam Mobile Wallet Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.8.1        By Application

6.4.3.8.2        By Technology

6.4.3.10  Taiwan Mobile Wallet Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.10.1 By Application

6.4.3.10.2 By Technology

6.4.3.11  Rest of Asia Pacific Mobile Wallet Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.11.1 By Application

6.4.3.11.2 By Technology

6.5   Middle East and Africa Mobile Wallet Market Estimates and Forecast, 2021-2029 (USD Million)

6.5.1        By Application

6.5.2        By Technology

6.5.3        By Country

6.5.3.1     Saudi Arabia Mobile Wallet Market Estimates and Forecast, 2021-2029 (USD Million)

6.5.3.1.1        By Application

6.5.3.1.2        By Technology

6.5.3.2     U.A.E. Mobile Wallet Market Estimates and Forecast, 2021-2029 (USD Million)

6.5.3.2.1        By Application

6.5.3.2.2        By Technology

6.5.3.3     Israel Mobile Wallet Market Estimates and Forecast, 2021-2029 (USD Million)

6.5.3.3.1        By Application

6.5.3.3.2        By Technology

6.5.3.4     South Africa Mobile Wallet Market Estimates and Forecast, 2021-2029 (USD Million)

6.5.3.4.1        By Application

6.5.3.4.2        By Technology

6.5.3.5     Rest of Middle East and Africa Mobile Wallet Market Estimates and Forecast, 2021-2029 (USD Million)

6.5.3.5.1        By Application

6.5.3.5.2        By Technology

6.6   Central and South America Mobile Wallet Market Estimates and Forecast, 2021-2029 (USD Million)

6.6.1        By Application

6.6.2        By Technology

6.6.3        By Country

6.6.3.1     Brazil Mobile Wallet Market Estimates and Forecast, 2021-2029 (USD Million)

6.6.3.1.1        By Application

6.6.3.1.2        By Technology

6.6.3.2     Argentina Mobile Wallet Market Estimates and Forecast, 2021-2029 (USD Million)

6.6.3.2.1        By Application

6.6.3.2.2        By Technology

6.6.3.3     Chile Mobile Wallet Market Estimates and Forecast, 2021-2029 (USD Million)

6.6.3.3.1        By Application

6.6.3.3.2        By Technology

6.6.3.3     Rest of Central and South America Mobile Wallet Market Estimates and Forecast, 2021-2029 (USD Million)

6.6.3.3.1        By Application

6.6.3.3.2        By Technology

7          COMPETITIVE LANDCAPE

7.1   Company Market Share Analysis

7.2   Four Quadrant Positioning Matrix

7.2.1        Market Leaders

7.2.2        Market Visionaries

7.2.3        Market Challengers

7.2.4        Niche Market Players

7.3   Vendor Landscape

7.3.1        North America

7.3.2        Europe

7.3.3        Asia Pacific

7.3.4        Rest of the World

7.4   Company Profiles  

7.4.1        Amazon Web Services, Inc.

7.4.1.1 Business Description & Financial Analysis

7.4.1.2 SWOT Analysis

7.4.1.3 Products & Services Offered

7.4.1.4 Strategic Alliances between Business Partners

7.4.2        Visa Inc.

7.4.2.1 Business Description & Financial Analysis

7.4.2.2 SWOT Analysis

7.4.2.3 Products & Services Offered

7.4.2.4 Strategic Alliances between Business Partners

7.4.3        American Express

7.4.3.1 Business Description & Financial Analysis

7.4.3.2 SWOT Analysis

7.4.3.3 Products & Services Offered

7.4.3.4 Strategic Alliances between Business Partners

7.4.4        PayPal Holdings Inc.

7.4.4.1 Business Description & Financial Analysis

7.4.4.2 SWOT Analysis

7.4.4.3 Products & Services Offered

7.4.4.4 Strategic Alliances between Business Partners

7.4.5        Apple Inc.

7.4.5.1 Business Description & Financial Analysis

7.4.5.2 SWOT Analysis

7.4.5.3 Products & Services Offered

7.4.5.4 Strategic Alliances between Business Partners

7.4.6        AT&T

7.4.6.1 Business Description & Financial Analysis

7.4.6.2 SWOT Analysis

7.4.6.3 Products & Services Offered

7.4.6.4 Strategic Alliances between Business Partners

7.4.7        Google Inc.  

7.4.7.1 Business Description & Financial Analysis

7.4.7.2 SWOT Analysis

7.4.7.3 Products & Services Offered

7.4.7.4 Strategic Alliances between Business Partners

7.4.8        Airtel

7.4.8.1 Business Description & Financial Analysis

7.4.8.2 SWOT Analysis

7.4.8.3 Products & Services Offered

7.4.8.4 Strategic Alliances between Business Partners

7.4.9        Mastercard

7.4.9.1 Business Description & Financial Analysis

7.4.9.2 SWOT Analysis

7.4.9.3 Products & Services Offered

7.4.9.4 Strategic Alliances between Business Partners

7.4.10      Alipay

7.4.10.1 Business Description & Financial Analysis

7.4.10.2 SWOT Analysis

7.4.10.3 Products & Services Offered

7.4.10.4 Strategic Alliances between Business Partners

7.4.11      Other Companies

7.4.11.1 Business Description & Financial Analysis

7.4.11.2 SWOT Analysis

7.4.11.3 Products & Services Offered

7.4.11.4 Strategic Alliances between Business Partners

8          RESEARCH METHODOLOGY

8.1   Market Introduction

8.1.1        Market Definition

8.1.2        Market Scope & Segmentation

8.2   Information Procurement

8.2.1        Secondary Research

8.2.1.1 Purchased Databases

8.2.1.2 GMEs Internal Data Repository

8.2.1.3 Secondary Resources & Third Party Perspectives

8.2.1.4 Company Information Sources

8.2.2        Primary Research

8.2.2.1 Various Types of Respondents for Primary Interviews

8.2.2.2 Number of Interviews Conducted throughout the Research Process

8.2.2.3 Primary Stakeholders

8.2.2.4 Discussion Guide for Primary Participants

8.2.3        Expert Panels

8.2.3.1 Expert Panels Across 30+ Industry

8.2.4        Paid Local Experts

8.2.4.1 Paid Local Experts Across 30+ Industry Across each Region

8.3   Market Estimation

8.3.1        Top-Down Approach

8.3.1.1 Macro-Economic Indicators Considered

8.3.1.2 Micro-Economic Indicators Considered

8.3.2        Bottom Up Approach

8.3.2.1 Company Share Analysis Approach

8.3.2.2 Estimation of Potential Product Sales

8.4   Data Triangulation

8.4.1        Data Collection

8.4.2        Time Series, Cross Sectional & Panel Data Analysis

8.4.3        Cluster Analysis

8.5   Analysis and Output

8.5.1        Inhouse AI Based Real Time Analytics Tool

8.5.2        Output From Desk & Primary Research

8.6   Research Assumptions & Limitations

8.6.1        Research Assumptions

8.6.2        Research Limitations

LIST OF TABLES

1 Global Mobile Wallet Market, By Application, 2021-2029 (USD Mllion)

2 Retail & E-commerce Market, By Region, 2021-2029 (USD Mllion)

3 Hospitality & Transportation Market, By Region, 2021-2029 (USD Mllion)             

4 Vending Machine Market, By Region, 2021-2029 (USD Mllion)         

5 Banking Market, By Region, 2021-2029 (USD Mllion)            

6 Others Market, By Region, 2021-2029 (USD Mllion)

7 Global Mobile Wallet Market, By Technology, 2021-2029 (USD Mllion)   

8 Remote Market, By Region, 2021-2029 (USD Mllion)              

9 Proximity Market, By Region, 2021-2029 (USD Mllion)

10 Regional Analysis, 2021-2029 (USD Mllion)

11 North America Mobile Wallet Market, By Application, 2021-2029 (USD Mllion)

12 North America Mobile Wallet Market, By Technology, 2021-2029 (USD Mllion)

13 North America Mobile Wallet Market, By COUNTRY, 2021-2029 (USD Mllion)

14 U.S. Mobile Wallet Market, By Application, 2021-2029 (USD Mllion)

15 U.S. Mobile Wallet Market, By Technology, 2021-2029 (USD Mllion)

16 Canada Mobile Wallet Market, By Application, 2021-2029 (USD Mllion)   

17 Canada Mobile Wallet Market, By Technology, 2021-2029 (USD Mllion)  

18 Mexico Mobile Wallet Market, By Application, 2021-2029 (USD Mllion)

19 Mexico Mobile Wallet Market, By Technology, 2021-2029 (USD Mllion)   

20 Europe Mobile Wallet Market, By Application, 2021-2029 (USD Mllion)   

21 Europe Mobile Wallet Market, By Technology, 2021-2029 (USD Mllion)   

22 Europe Mobile Wallet Market, By Country, 2021-2029 (USD Mllion)           

23 Germany Mobile Wallet Market, By Application, 2021-2029 (USD Mllion)

24 Germany Mobile Wallet Market, By Technology, 2021-2029 (USD Mllion)

25 U.K. Mobile Wallet Market, By Application, 2021-2029 (USD Mllion)

26 U.K. Mobile Wallet Market, By Technology, 2021-2029 (USD Mllion)

27 France Mobile Wallet Market, By Application, 2021-2029 (USD Mllion)

28 France Mobile Wallet Market, By Technology, 2021-2029 (USD Mllion)   

29 Italy Mobile Wallet Market, By Application, 2021-2029 (USD Mllion)

30 Italy Mobile Wallet Market, By Technology, 2021-2029 (USD Mllion)

31 Spain Mobile Wallet Market, By Application, 2021-2029 (USD Mllion)

32 Spain Mobile Wallet Market, By Technology, 2021-2029 (USD Mllion)       

33 Netherlands Mobile Wallet Market, By Application, 2021-2029 (USD Mllion)

34 Netherlands Mobile Wallet Market, By Technology, 2021-2029 (USD Mllion)

35 Rest Of Europe Mobile Wallet Market, By Application, 2021-2029 (USD Mllion)

36 Rest Of Europe Mobile Wallet Market, By Technology, 2021-2029 (USD Mllion)

37 Asia Pacific Mobile Wallet Market, By Application, 2021-2029 (USD Mllion)

38 Asia Pacific Mobile Wallet Market, By Technology, 2021-2029 (USD Mllion)

39 Asia Pacific Mobile Wallet Market, By Country, 2021-2029 (USD Mllion)

40 China Mobile Wallet Market, By Application, 2021-2029 (USD Mllion)

41 China Mobile Wallet Market, By Technology, 2021-2029 (USD Mllion)       

42 Japan Mobile Wallet Market, By Application, 2021-2029 (USD Mllion)

43 Japan Mobile Wallet Market, By Technology, 2021-2029 (USD Mllion)       

44 India Mobile Wallet Market, By Application, 2021-2029 (USD Mllion)

45 India Mobile Wallet Market, By Technology, 2021-2029 (USD Mllion)        

46 South Korea Mobile Wallet Market, By Application, 2021-2029 (USD Mllion)

47 South Korea Mobile Wallet Market, By Technology, 2021-2029 (USD Mllion)

48 Singapore Mobile Wallet Market, By Application, 2021-2029 (USD Mllion)

49 Singapore Mobile Wallet Market, By Technology, 2021-2029 (USD Mllion)

50 Thailand Mobile Wallet Market, By Application, 2021-2029 (USD Mllion)

51 Thailand Mobile Wallet Market, By Technology, 2021-2029 (USD Mllion)

52 Malaysia Mobile Wallet Market, By Application, 2021-2029 (USD Mllion)

53 Malaysia Mobile Wallet Market, By Technology, 2021-2029 (USD Mllion)

54 Indonesia Mobile Wallet Market, By Application, 2021-2029 (USD Mllion)

55 Indonesia Mobile Wallet Market, By Technology, 2021-2029 (USD Mllion)

56 Vietnam Mobile Wallet Market, By Application, 2021-2029 (USD Mllion)  

57 Vietnam Mobile Wallet Market, By Technology, 2021-2029 (USD Mllion)  

58 Taiwan Mobile Wallet Market, By Application, 2021-2029 (USD Mllion)    

59 Taiwan Mobile Wallet Market, By Technology, 2021-2029 (USD Mllion)    

60 Rest of APAC Mobile Wallet Market, By Application, 2021-2029 (USD Mllion)

61 Rest of APAC Mobile Wallet Market, By Technology, 2021-2029 (USD Mllion)       

62 Middle East and Africa Mobile Wallet Market, By Application, 2021-2029 (USD Mllion)

63 Middle East and Africa Mobile Wallet Market, By Technology, 2021-2029 (USD Mllion)

64 Middle East and Africa Mobile Wallet Market, By Country, 2021-2029 (USD Mllion)

65 Saudi Arabia Mobile Wallet Market, By Application, 2021-2029 (USD Mllion)

66 Saudi Arabia Mobile Wallet Market, By Technology, 2021-2029 (USD Mllion)

67 UAE Mobile Wallet Market, By Application, 2021-2029 (USD Mllion)

68 UAE Mobile Wallet Market, By Technology, 2021-2029 (USD Mllion)

69 Israel Mobile Wallet Market, By Application, 2021-2029 (USD Mllion)

70 Israel Mobile Wallet Market, By Technology, 2021-2029 (USD Mllion)     

71 South Africa Mobile Wallet Market, By Application, 2021-2029 (USD Mllion)

72 South Africa Mobile Wallet Market, By Technology, 2021-2029 (USD Mllion)

73 Rest Of Middle East and Africa Mobile Wallet Market, By Application, 2021-2029 (USD Mllion)       

74 Rest Of Middle East and Africa Mobile Wallet Market, By Technology, 2021-2029 (USD Mllion)       

75 Central and  South America Mobile Wallet Market, By Application, 2021-2029 (USD Mllion)     

76 Central and South America Mobile Wallet Market, By Technology, 2021-2029 (USD Mllion)      

77 Central and South America Mobile Wallet Market, By Country, 2021-2029 (USD Mllion)

78 Brazil Mobile Wallet Market, By Application, 2021-2029 (USD Mllion)

79 Brazil Mobile Wallet Market, By Technology, 2021-2029 (USD Mllion)     

80 Chile Mobile Wallet Market, By Application, 2021-2029 (USD Mllion)

81 Chile Mobile Wallet Market, By Technology, 2021-2029 (USD Mllion)        

82 Argentina Mobile Wallet Market, By Application, 2021-2029 (USD Mllion)

83 Argentina Mobile Wallet Market, By Technology, 2021-2029 (USD Mllion)

84 Rest Of Central and South America Mobile Wallet Market, By Application, 2021-2029 (USD Mllion)       

85 Rest Of Central and South America Mobile Wallet Market, By Technology, 2021-2029 (USD Mllion)       

86 Amazon Web Services, Inc.: Products & Services Offering              

87 Visa Inc.: Products & Services Offering      

88 American Express: Products & Services Offering

89 PayPal Holdings Inc.: Products & Services Offering          

90 Apple Inc.: Products & Services Offering   

91 AT&T: Products & Services Offering               

92 Google Inc. : Products & Services Offering              

93 Airtel: Products & Services Offering           

94 Mastercard, Inc: Products & Services Offering    

95 Alipay: Products & Services Offering           

96 Other Companies: Products & Services Offering  

LIST OF FIGURES

1 Global Mobile Wallet Market Overview

2 Global Mobile Wallet Market Value From 2021-2029 (USD Mllion)

3 Global Mobile Wallet Market Share, By Application (2023)

4 Global Mobile Wallet Market Share, By Technology (2023)

5 Global Mobile Wallet Market, By Region (Asia Pacific Market)

6 Technological Trends In Global Mobile Wallet Market

7 Four Quadrant Competitor Positioning Matrix

8 Impact Of Macro & Micro Indicators On The Market

9 Impact Of Key Drivers On The Global Mobile Wallet Market

10 Impact Of Challenges On The Global Mobile Wallet Market

11 Porter’s Five Forces Analysis

12 Global Mobile Wallet Market: By Application Scope Key Takeaways

13 Global Mobile Wallet Market, By Application Segment: Revenue Growth Analysis

14 Retail & E-commerce Market, By Region, 2021-2029 (USD Mllion)

15 Hospitality & Transportation Market, By Region, 2021-2029 (USD Mllion)

16 Vending MachineMarket, By Region, 2021-2029 (USD Mllion)

17 Banking Market, By Region, 2021-2029 (USD Mllion)

18 Others Market, By Region, 2021-2029 (USD Mllion)    

19 Global Mobile Wallet Market: By Technology Scope Key Takeaways

20 Global Mobile Wallet Market, By Technology Segment: Revenue Growth Analysis

21 Remote Market, By Region, 2021-2029 (USD Mllion)  

22 Proximity Market, By Region, 2021-2029 (USD Mllion)

23 Regional Segment: Revenue Growth Analysis

24 Global Mobile Wallet Market: Regional Analysis

25 North America Mobile Wallet Market Overview

26 North America Mobile Wallet Market, By Application

27 North America Mobile Wallet Market, By Technology

28 North America Mobile Wallet Market, By Country

29 U.S. Mobile Wallet Market, By Application

30 U.S. Mobile Wallet Market, By Technology

31 Canada Mobile Wallet Market, By Application

32 Canada Mobile Wallet Market, By Technology

33 Mexico Mobile Wallet Market, By Application

34 Mexico Mobile Wallet Market, By Technology

35 Four Quadrant Positioning Matrix

36 Company Market Share Analysis

37 Amazon Web Services, Inc.: Company Snapshot

38 Amazon Web Services, Inc.: SWOT Analysis

39 Amazon Web Services, Inc.: Geographic Presence

40 Visa Inc.: Company Snapshot

41 Visa Inc.: SWOT Analysis

42 Visa Inc.: Geographic Presence

43 American Express: Company Snapshot

44 American Express: SWOT Analysis

45 American Express: Geographic Presence

46 PayPal Holdings Inc.: Company Snapshot

47 PayPal Holdings Inc.: Swot Analysis

48 PayPal Holdings Inc.: Geographic Presence

49 Apple Inc.: Company Snapshot

50 Apple Inc.: SWOT Analysis

51 Apple Inc.: Geographic Presence

52 AT&T: Company Snapshot

53 AT&T: SWOT Analysis

54 AT&T: Geographic Presence

55 Google Inc. : Company Snapshot

56 Google Inc. : SWOT Analysis

57 Google Inc. : Geographic Presence

58 Airtel: Company Snapshot

59 Airtel: SWOT Analysis

60 Airtel: Geographic Presence

61 Mastercard, Inc.: Company Snapshot

62 Mastercard, Inc.: SWOT Analysis

63 Mastercard, Inc.: Geographic Presence

64 Alipay: Company Snapshot

65 Alipay: SWOT Analysis

66 Alipay: Geographic Presence

67 Other Companies: Company Snapshot

68 Other Companies: SWOT Analysis

69 Other Companies: Geographic Presence

The Global Mobile Wallet Market has been studied from the year 2019 till 2029. However, the CAGR provided in the report is from the year 2024 to 2029. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

Mobile Wallet Market Size

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Mobile Wallet Market.

Mobile Wallet Market Growth

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Mobile Wallet Market Trends

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.

Mobile Wallet Market Share

We value your investment and offer free customization with every report to fulfil your exact research needs.
This website is secure and your personal details are safe. Privacy
You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The global Mobile Wallet market is projected to grow at a CAGR of 26.5% from 2024 to 2029.
Amazon Web Services, Inc., Visa Inc., American Express, PayPal Holdings Inc., Apple Inc., Google Inc., Airtel, Mastercard, Alipay, Samsung, and AT&T, among others, are some of the key players operating in the global mobile wallet market.
Opportunities in the global mobile wallet market include the growing adoption of smartphones, increasing digital payment transactions, expanding internet penetration, demand for convenient and secure payment methods, integration of advanced technologies like NFC and biometrics, and the rise of e-commerce and digital banking, driving market expansion and innovation.
The increasing smartphone adoption, rising preference for cashless transactions, convenience of mobile payments, integration with loyalty programs, and enhanced security measures are the major drivers for global mobile wallet market growth.

Tailor made solutions just for you

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

OUR CLIENTS

  • Client of Global Market Estimates - Fedex
  • Client of Global Market Estimates - Samsung
  • Client of Global Market Estimates - Siemens
  • Client of Global Market Estimates - Lonza
  • Client of Global Market Estimates - DuPont
  • Client of Global Market Estimates - Medtronic
  • Client of Global Market Estimates - Toray
  • Client of Global Market Estimates - Signify
  • Client of Global Market Estimates - Teledyne
  • Client of Global Market Estimates - Trelleborg
  • Client of Global Market Estimates - Kikkoman Biochemifa
  • Client of Global Market Estimates - Leoni
  • Client of Global Market Estimates - Molnlycke
  • Client of Global Market Estimates - Spirent
  • Client of Global Market Estimates - Tokyo Electron Limited
  • Client of Global Market Estimates - Aranca
  • Client of Global Market Estimates - Asahi Kasei
  • Client of Global Market Estimates - Chimai
  • Client of Global Market Estimates - Grapsud
  • Client of Global Market Estimates - Horiba
  • Client of Global Market Estimates - Indorama
  • Client of Global Market Estimates - L&T
  • Client of Global Market Estimates - Integralife
  • Client of Global Market Estimates - Synamedia
  • Client of Global Market Estimates - Sorrento Therapeutics
  • Client of Global Market Estimates - Solenis
  • Client of Global Market Estimates - Sartorius