Global Mobile Payment Technologies Market 2022 | Business Overview And Forecasts
Mobile Payment Technologies Global Market Report 2022 by The Business Research Company is the most comprehensive report available on the market, being wide-ranging both in terms of chronology and geography. It covers the historic period – 2016-2021, and the forecast period – 2022-2026, with additional forecasts for 2026-2031. The report helps gain a truly global perspective as it covers 60 geographies, focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
TBRC’s market report includes a chapter on the COVID-19 impact on the mobile payment technologies industry, which gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market and how companies can strategize to bounce back from it. With updated market numbers according to the effects of the coronavirus, the report provides the most accurate expected mobile payment technologies market growth numbers from 2022-2031.
The global mobile payment technologies market size is expected to grow from $68.85 billion in 2021 to $86.91 billion in 2022 at a compound annual growth rate (CAGR) of 26.2%. The change in the market growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2021. The market is expected to reach $212.70 billion in 2026 at a CAGR of 25.1%.
The Mobile Payment Technologies Global Market Report 2022-31 by The Business Research Company evaluates mobile payment technologies market size, growth rate, drivers, mobile payment technologies industry trends, and major companies.
The mobile
payment technologies market segments in the report are:
1) By Solution:
Point-of-Sale (POS), In-Store Payments, Remote Payments
2) By
Application: Retail and E-Commerce, Healthcare, BFSI, Others
3) By POS
Solution: Near-Field Communication (NFC) Payments, Sound-Wave Based Payments,
Magnetic Secure Transmission (MST) Payments
4) By In-Store
Payments Solution: Mobile Wallets, Quick Response (QR) Code Payments
5) By Remote Payment: Internet Payments, SMS Payments, Direct Carrier Billing, Mobile Banking
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