"The Report Global
Mobile Payment Technologies Market Size, Status and Forecast 2022
provides information on pricing, market analysis, shares, forecast,
and company profiles for key industry participants. -
MarketResearchReports.biz"
The
global mobile payment technologies market has been forecasted to gain
a telling demand from the rising interest of emerging economies to
adopt immediate payment technologies amidst cashless initiatives by
governments. In a report available for sale at
MarketResearchReports.biz, titled “Global
Mobile Payment Technologies Market
Size, Status, and Forecast 2022,” the potential applications of
mobile payment technologies have been attributed as another dominant
factor driving the growth of the market.
Since
mobile payment technologies engage cell phones, tablets, and
smartphones for the purpose of making immediate payments for services
and products ordered by users, the aggressive surge in the adoption
of these devices could set the tone for the world mobile payment
technologies market. Analysts foresee mobile point-of-sale (m-POS),
wearable devices, and near field communication (NFC) as robust growth
drivers for the market.
As
per segmentation by type, the global mobile payment technologies
market has been divided into proximity and remote payments. NFC along
with quick response (QR) code payments could be lined under proximity
payment technology whereas digital wallets, direct operator billing,
unstructured supplementary service data/SIM toolkit (USSD/STK), and
SMS-based under remote payment technology.
Among
the end users in the global mobile payment technologies market are
the education, IT and telecommunication, healthcare, retail,
entertainment, tourism, and hospitality sectors. As developing
markets encourage the use of smartphones for in-store payments, the
retail segment has been anticipated to score a higher share in the
market.
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Report @
The
soaring acceptance of smart technologies, government initiatives to
create cashless economies, and digitalization of commerce could be
the primary reasons for less developed markets such as India, China,
and Japan to witness a high demand. The demand in the international
mobile payment technologies market has been prophesied to aggravate
even more with the rising preference for simpler payment options and
birthing of advanced communication technologies. Southeast Asia,
Europe, and the U.S. are the other markets studied in the report.
Technology
risks and threat of substitutes could cut short the demand in the
global mobile payment technologies market. However, the integration
of IoT has been envisaged by analysts to boost online payments via
digital wallets. This could also give an opportunity for vendors to
come up with improved versions of mobile payment technologies and
expand their portfolio of payment solution offerings.
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http://www.marketresearchreports.biz/pressrelease/4100
Microsoft
Corporation, Apple, Google, AT&T, Inc., Vodafone, Bharti Airtel,
PayPal, Fortumo, Boku, American Express, Visa, and MasterCard
International are the companies discussed in the report which could
shepherd the global mobile payment technologies market. The authors
of the report have profiled these companies based upon their recent
developments, revenue share for the review period 2012–2017,
solutions, services, and products, and main business. The competitive
status of the market has been gauged on the basis of future
technology trends, new entrants, product differences, and market
concentration rate.
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