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(MoneyNewsWire.Net, April 10, 2017 ) According to Publisher, the Global Mobile Wallet market is anticipated to grow at a strong CAGR of 35.6% during the forecast period 2015 to 2022. The factors that are driving the market growth include rising awareness regarding mobile wallets and their applications, growing smart phone penetration and escalating benefits of mobile wallets. However factors such as security, huge capital investment and technology immaturity of mobile wallet are hindering the market growth. In the digital payments industry, Mobile wallets are considered to be a revolutionary trend.
For more information about this report: http://www.reportsweb.com/mobile-wallet-global-market-outlook-2016-2022
Asia Pacific region is anticipated to witness strong growth rate during forecast period. The growth is attributed to increased usage of smart phones enabled with internet connection, government initiatives to encourage digital transactions, and raising consumer purchasing power. By end user, the OSS/BSS solution providers segment is poised to witness utmost growth rate mainly due to the reliable development of mobile wallet by the adoption of NFC technology.
Some of the key players in global mobile wallet market include Airtel Money, Alipay, Amazon.com, American Express, Apple, Bank of America, Citibank, Citrus Payment Solutions, First Data, Google, MasterCard, Vodafone, One97 communications, Oxigen, PayPal, and Visa.
Product Types Covered:
- Remote
- Proximity
Transaction Types Covered:
- Mobile commerce transactions
- Money transfer
- Mobile ticketing
- Mobile coupons
- Micropayments
- Other Transactions
Applications Covered:
- Entertainment
- Shopping
- Hotel Booking
- Bill Payments
- Rail, Metro and Bus Tickets
- Air Tickets and Boarding Passes
- Other Applications
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End Users Covered:
- Mobile Network Operators
- Hardware Solution Manufacturers
- Software Developers
- Content and Applications Aggregators
- Mobile Wallet Stakeholders
- OSS/BSS solution providers
- Other End Users
Regions Covered:
- North America
US
Canada
Mexico
- Europe
Germany
France
Italy
UK
Spain
Rest of Europe
- Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
- Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt
Company Profiling
11.1 Airtel Money
11.2 Alipay
11.3 Amazon.com
11.4 American Express
11.5 Apple
11.6 Bank of America
11.7 Citibank
11.8 Citrus Payment Solutions
11.9 First Data
11.10 Google
11.11 MasterCard
11.12 Vodafone
11.13 One97 communications
11.14 Oxigen
11.15 PayPal
11.16 Visa
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ReportsWeb.com
Priya Sisodia
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com 
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