Mobile Money Market Analysis by Mobile Money Platform
Convergence of Social Media and Commerce Injects Growth in the Mobile Money Market. FMI Analysts Spot Unique Trends Bolstering Market Expansion in 35+ Countries
Consumer behavior is changing as various platforms integrate social media and commerce. Capitalizing on this shift, the mobile money market size can swell from US$ 17,093.12 million in 2024 to US$ 118,852.47 million by 2034. The market growth is estimated at a stunning 21.40% CAGR till 2034.
Attributes
Details
Market Size, 2023
US$ 14,080.00 million
Market Size, 2024
US$ 17,093.12 million
Market Size, 2034
US$ 118,852.47 million
Value CAGR (2024 to 2034)
21.40%
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Key Market Highlights
Social Commerce is the New Vogue in the Market
Social media and commerce are converging, changing how people buy things. Mobile money apps are using this change by adding shopping features. This means people can buy and sell products right inside messaging apps or social media sites, without needing separate payment apps.
By doing this, mobile money apps make it easier for people to shop while they communicate. They're using the trust and familiarity people have with social media to make shopping simpler and more fun. This helps them get more users and more transactions on their apps. By this conjunction, these apps are making shopping easier and more enjoyable for everyone, helping the market prosper.
Like, Stitch, a South African fintech startup launched WigWag in September 2023. WigWag is a social commerce payment platform that enables small businesses to accept digital payments via a unique payment link.
Cryptocurrencies are Being Integrated into Mobile Money Platforms
Mobile money platforms are now adding cryptocurrencies to their services, making it possible for people to use digital currencies alongside regular money. This is becoming popular because it offers a way to manage different types of money in one place. It is particularly fascinating for those tech-savvy users who want to invest in digital assets and send money internationally with lower fees.
By including cryptocurrencies, the market highlights the necessity of staying adaptive and appealing to new users interested in digital money. This shows a move towards more modern and flexible financial services, meeting the changing needs of users in today's digital age.
Like, in April 2024, Fintopio, launched Fintopio DeFi Wallet. This wallet guarantees quick and easy switching between cryptocurrencies, integrates with other DeFi apps and wallets, and securely stores user deposits, giving users complete control over their assets.
Mobile Money Market Trends Analysis
Kenya is leading the market. West Africa is a global leader with more than US$ 491 billion worth of transactions recorded in 2022. This rise is ascribable to the Payment Service Bank (PBS) licensed in 2018.
Governments in North America and Asia Pacific are implementing supportive policies and regulations. They are recognizing the potential of this market for economic development.
Expansion of agent networks is bolstering the market growth. Investments are rising in rural and remote areas where traditional banking infrastructure is poor.
Rise of FinTech startups is driving innovation in the market. Advanced encryption techniques and AI algorithms are being used for more secure and user-friendly experiences.
With cyber threats on the rise, the market is focusing on more secure platforms. The aim is to reduce risks of unauthorized access or fraud.
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Mobile Money Market Opportunity Analysis
Increase in cross-border remittance flows due to the globalization of labor markets presents opportunities. Offering competitive exchange rates and lower transaction fees can prove beneficial.
Due to the generation of enormous data volumes, using data analytics can improve revenues and foster innovation in the market. Mobile money providers can improve decision-making and operational efficiency through this.
Offering microfinance and micro-investing services in developing countries can be opportunistic. Businesses can empower individuals to build assets and generate income by this. This can foster economic development and the market.
Reduction in inequality and poverty can be achieved by supporting agricultural and rural development initiatives. Agricultural loans and crop insurance can promote sustainable rural development and generate revenue.
Comparative View of Markets Adjacent to Mobile Money
This section compares the Mobile Payment Transaction Market and the Instant Payments Market with the Mobile Money Market.
Mobile Money Market:
Attributes
Mobile Money Market
CAGR (2024 to 2034)
21.40%
Growth Factors
Advancements in mobile technology supports market growth.
Rising focus on financial inclusion fosters market.
Future Opportunities
Expansion of agent networks.
Market Trends
Rising integration with other services.
Mobile Payment Transaction Market:
Attributes
Mobile Payment Transaction Market
CAGR (2024 to 2034)
4.2%
Growth Factors
Rise of super apps fuels market growth.
Increasing adoption of contactless payment and NFC technology.
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Category-wise Insights
Mobile Money Platforms Bag Top Shares as the Leading Component
Segment
Mobile Money Platform (Component)
Value Share (2024)
74.50%
The mobile money platform segment holds the leading mobile money market shares in 2024. These platforms are rising because they are easy to use and make managing money simple. With just a smartphone and internet connection, users pay bills and send money to others quickly and safely.
This is especially helpful in places where traditional banks are not easy to access. Plus, mobile money apps usually have strong security measures to keep users' information safe. Because of these benefits, more people are choosing mobile money as their preferred way to handle finances, making it the leading component in the mobile money market.
Money Transfer Continues to be the Leading Application
Segment
Money Transfer (Application)
Value Share (2024)
37.90%
The money transfer segment captured the leading mobile money market shares in 2024. Money transfer services are popular because they let people send and get money using just their phones. The process is easy and quick, making it handy for sending money to family, friends, or businesses.
Instead of going to a bank or using cash, individuals can just use their phones to transfer money. And because more people are connected globally now, there's a bigger need for fast and reliable ways to send money to different places. That's why money transfer services are preferred in the mobile money market.
Country-wise Insights
Countries
Value CAGR (2024 to 2034)
United States
21.40%
Germany
15.70%
Japan
16.90%
China
23.50%
Australia & New Zealand
20.90%
Rising Adoption of Contactless Payments Surges Growth in the United States
Market demand for mobile money services in the United States will amplify at a 21.40% CAGR by 2034. More people have begun using contactless payments, like Apple Pay and Google Pay. Mobile money platforms are helping with this shift, making transactions easy and safe.
This trend gives mobile money providers a chance to become trusted partners for both stores and customers. Also, new digital banks are changing how people do banking. Mobile money providers can work with these banks or make their digital banking services.
Apply Pay, PayPal, and Google Pay are prominently used in the United States. These mobile money platforms partner with banks and financial institutions to grow.
Move toward a Cashless Society Bolsters the Market in Germany
Mobile money service providers can benefit from the 15.70% CAGR anticipated for the market in Germany till 2034. Germany's move towards a cashless society is driven by changing consumer preferences, technology, and regulations favoring digital payments.
Mobile money providers are seizing this opportunity by offering innovative solutions tailored to German needs, positioning themselves as key players. Integration with public transit systems enhances convenience, while strong data privacy measures align with Germany's stringent regulations.
Exploring digital identity solutions and expanding into cash-heavy industries further solidifies their foothold. Partnerships with traditional financial institutions enable them to offer a broader range of services, leveraging trust and expertise. This strategic approach reflects the evolving landscape of digital finance in Germany, shaping the future of payments in the country.
Integration with Contactless Transit Payments Boosts Demand in Japan
The industry report on mobile money indicates expansion at a 16.90% CAGR in Japan until 2034. Japan's transit system and use of contactless payments give mobile money providers a chance to make their platforms work with trains and buses, which makes things easier for commuters. Also, they can make services that are easy for older people to use, which shows they care about everyone.
Working with shops helps get more people to use mobile payments, which goes along with the government's plan to use less cash. Helping people send money to other countries online is another way mobile money providers can grow. Making sure only the right people can access accounts by using biometrics can provide opportunities in the market.
Dominance of Mobile Payment Platforms Supports the Market in China
Market demand for mobile money services in China will escalate at a 23.50% CAGR until 2034. In China, big companies like Alipay and WeChat Pay are in charge of mobile payments. People use QR codes a lot to pay for things. The government helps mobile payments grow by supporting new ideas.
Mobile payments are now in rural areas, too, where banks aren't common. They're also part of social media and games, so it's easy to pay while having fun. These companies keep coming up with new ways to help with money, like saving and borrowing.
Tourism and International Transactions Create Demand in Australia & New Zealand
The industry report on mobile money indicates expansion at a 20.90% CAGR in Australia & New Zealand till 2034. In Australia and New Zealand, mobile money providers like PayPal, Apple Pay, and Google Pay, are helping tourists by offering services for international payments and currency exchange. They're also benefiting from rules that encourage new ideas, like open banking.
By focusing on making sure everyone can use their services, they're reaching out to people who might not have easy access to banks, like those in rural areas or with disabilities. Partnering with retail stores and new tech companies is also helping them make their services better and reach more people.
Competitive Landscape
The mobile money industry is competitive, with established firms like as PayPal, Alipay, and WeChat Pay leading the way. They benefit from strong brand awareness and a large user base. However, firms such as Square, Venmo, and Cash App are challenging the market with new capabilities and easy-to-use interfaces.
Traditional financial institutions have also entered the game, investing in digital transformation to compete. This environment is further shaped by regulatory dynamics, technology improvements, and altering consumer habits, which drive innovations in the market.
Recent Developments
In January 2024, Hitachi Payment Solutions and Yes Bank partnered to launch Hitachi Money Spot Plus in India. The financial inclusion business will operate with a strong focus in Tier 3 and Tier 6 towns across the country.
In August 2023, Safaricom’s M-Pesa mobile money service was launched in Ethiopia. The service continues to become the company's most profitable business, and it is also available in the Democratic Republic of the Congo, Egypt, Ghana, Kenya, Lesotho, Mozambique, and Tanzania.
Key Players in the Mobile Money Market
PayPal
Alipay
WeChat Pay
Apple Pay
Google Pay
Samsung Pay
Venmo
Cash App
Square
Paytm
Safaricom
M-Pesa
Bango.net Limited
Boku Inc.
Dwolla Inc.
Fortumo OÜ
Judo Payments
Key Coverage in the Mobile Money Market
5 Key Points about the Mobile Money Market in 2023
Growth of Mobile Money in Emerging Markets
Revenue Analysis of the Africa Mobile Money Market
Madagascar’s Mobile Money Boom
Mobile Money Market Segmentation
By Component:
Mobile Money Platform
Services
By Application:
Bill Payment
Money Transfer
Recharge & Top-up
Tickets Payment
Others
By Region:
North America
Latin America
Western Europe
Eastern Europe
Asia Pacific (APAC)
Middle East & Africa (MEA)
Japan
Frequently Asked Questions
What is the Worth of the Mobile Money Market?
The mobile money industry is valued at US$ 17,093.12 million in 2024.
What is the Probable CAGR of the Mobile Money Industry?
The market size is estimated to increase at a 21.40% CAGR through 2034.
What is the Future Stance for the Mobile Money Industry?
The market is expected to be worth US$ 118,852.47 million by 2034.
Which is the Leading Component in the Mobile Money Industry?
Mobile money platforms are highly preferred in the market.
Which Country is Rising at a Higher CAGR in the Mobile Money Industry?
The market in China is predicted to expand at a 23.50% CAGR through 2034.
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter’s Analysis
3.6. Regulatory Landscape
3.6.1. By Key Regions
3.6.2. By Key Countries
3.7. Regional Parent Market Outlook
4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
4.1. Historical Market Size Value (US$ Million) Analysis, 2019 to 2023
4.2. Current and Future Market Size Value (US$ Million) Projections, 2024 to 2034
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Mode of Payment
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) Analysis By Mode of Payment, 2019 to 2023
5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Mode of Payment, 2024 to 2034
5.3.1. NFC
5.3.2. Mobile Billing
5.3.3. SMS
5.3.4. USSD or STK
5.3.5. Others
5.4. Y-o-Y Growth Trend Analysis By Mode of Payment, 2019 to 2023
5.5. Absolute $ Opportunity Analysis By Mode of Payment, 2024 to 2034
6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Types of Purchase
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) Analysis By Types of Purchase, 2019 to 2023
6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Types of Purchase, 2024 to 2034
6.3.1. Airtime Transfers & Top-ups
6.3.2. Money Transfers & Payment
6.3.3. Merchandise & Coupons
6.3.4. Travel and Ticketing
6.3.5. Others
6.4. Y-o-Y Growth Trend Analysis By Types of Purchase, 2019 to 2023
6.5. Absolute $ Opportunity Analysis By Types of Purchase, 2024 to 2034
7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Industry Vertical
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) Analysis By Industry Vertical, 2019 to 2023
7.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Industry Vertical, 2024 to 2034
7.3.1. BFSI
7.3.2. Energy & Utilities Sector
7.3.3. Retail Sector
7.3.4. Health Care Sector
7.3.5. Hospitality & Tourism Sector
7.3.6. Media & Entertainment Sector
7.3.7. Supply Chain Management (SCM) & Logistics Sector
7.3.8. Telecommunication & IT Sector
7.3.9. Others
7.4. Y-o-Y Growth Trend Analysis By Industry Vertical, 2019 to 2023
7.5. Absolute $ Opportunity Analysis By Industry Vertical, 2024 to 2034
8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
8.1. Introduction
8.2. Historical Market Size Value (US$ Million) Analysis By Region, 2019 to 2023
8.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2024 to 2034
8.3.1. North America
8.3.2. Latin America
8.3.3. Western Europe
8.3.4. Eastern Europe
8.3.5. South Asia and Pacific
8.3.6. East Asia
8.3.7. Middle East and Africa
8.4. Market Attractiveness Analysis By Region
9. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
9.2.1. By Country
9.2.1.1. USA
9.2.1.2. Canada
9.2.2. By Mode of Payment
9.2.3. By Types of Purchase
9.2.4. By Industry Vertical
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Mode of Payment
9.3.3. By Types of Purchase
9.3.4. By Industry Vertical
9.4. Key Takeaways
10. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Rest of Latin America
10.2.2. By Mode of Payment
10.2.3. By Types of Purchase
10.2.4. By Industry Vertical
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Mode of Payment
10.3.3. By Types of Purchase
10.3.4. By Industry Vertical
10.4. Key Takeaways
11. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. UK
11.2.1.3. France
11.2.1.4. Spain
11.2.1.5. Italy
11.2.1.6. Rest of Western Europe
11.2.2. By Mode of Payment
11.2.3. By Types of Purchase
11.2.4. By Industry Vertical
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Mode of Payment
11.3.3. By Types of Purchase
11.3.4. By Industry Vertical
11.4. Key Takeaways
12. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
12.2.1. By Country
12.2.1.1. Poland
12.2.1.2. Russia
12.2.1.3. Czech Republic
12.2.1.4. Romania
12.2.1.5. Rest of Eastern Europe
12.2.2. By Mode of Payment
12.2.3. By Types of Purchase
12.2.4. By Industry Vertical
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Mode of Payment
12.3.3. By Types of Purchase
12.3.4. By Industry Vertical
12.4. Key Takeaways
13. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
13.2.1. By Country
13.2.1.1. India
13.2.1.2. Bangladesh
13.2.1.3. Australia
13.2.1.4. New Zealand
13.2.1.5. Rest of South Asia and Pacific
13.2.2. By Mode of Payment
13.2.3. By Types of Purchase
13.2.4. By Industry Vertical
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Mode of Payment
13.3.3. By Types of Purchase
13.3.4. By Industry Vertical
13.4. Key Takeaways
14. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
14.2.1. By Country
14.2.1.1. China
14.2.1.2. Japan
14.2.1.3. South Korea
14.2.2. By Mode of Payment
14.2.3. By Types of Purchase
14.2.4. By Industry Vertical
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Mode of Payment
14.3.3. By Types of Purchase
14.3.4. By Industry Vertical
14.4. Key Takeaways
15. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
15.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
15.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
15.2.1. By Country
15.2.1.1. GCC Countries
15.2.1.2. South Africa
15.2.1.3. Israel
15.2.1.4. Rest of MEA
15.2.2. By Mode of Payment
15.2.3. By Types of Purchase
15.2.4. By Industry Vertical
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Mode of Payment
15.3.3. By Types of Purchase
15.3.4. By Industry Vertical
15.4. Key Takeaways
16. Key Countries Market Analysis
16.1. USA
16.1.1. Pricing Analysis
16.1.2. Market Share Analysis, 2023
16.1.2.1. By Mode of Payment
16.1.2.2. By Types of Purchase
16.1.2.3. By Industry Vertical
16.2. Canada
16.2.1. Pricing Analysis
16.2.2. Market Share Analysis, 2023
16.2.2.1. By Mode of Payment
16.2.2.2. By Types of Purchase
16.2.2.3. By Industry Vertical
16.3. Brazil
16.3.1. Pricing Analysis
16.3.2. Market Share Analysis, 2023
16.3.2.1. By Mode of Payment
16.3.2.2. By Types of Purchase
16.3.2.3. By Industry Vertical
16.4. Mexico
16.4.1. Pricing Analysis
16.4.2. Market Share Analysis, 2023
16.4.2.1. By Mode of Payment
16.4.2.2. By Types of Purchase
16.4.2.3. By Industry Vertical
16.5. Germany
16.5.1. Pricing Analysis
16.5.2. Market Share Analysis, 2023
16.5.2.1. By Mode of Payment
16.5.2.2. By Types of Purchase
16.5.2.3. By Industry Vertical
16.6. UK
16.6.1. Pricing Analysis
16.6.2. Market Share Analysis, 2023
16.6.2.1. By Mode of Payment
16.6.2.2. By Types of Purchase
16.6.2.3. By Industry Vertical
16.7. France
16.7.1. Pricing Analysis
16.7.2. Market Share Analysis, 2023
16.7.2.1. By Mode of Payment
16.7.2.2. By Types of Purchase
16.7.2.3. By Industry Vertical
16.8. Spain
16.8.1. Pricing Analysis
16.8.2. Market Share Analysis, 2023
16.8.2.1. By Mode of Payment
16.8.2.2. By Types of Purchase
16.8.2.3. By Industry Vertical
16.9. Italy
16.9.1. Pricing Analysis
16.9.2. Market Share Analysis, 2023
16.9.2.1. By Mode of Payment
16.9.2.2. By Types of Purchase
16.9.2.3. By Industry Vertical
16.10. Poland
16.10.1. Pricing Analysis
16.10.2. Market Share Analysis, 2023
16.10.2.1. By Mode of Payment
16.10.2.2. By Types of Purchase
16.10.2.3. By Industry Vertical
16.11. Russia
16.11.1. Pricing Analysis
16.11.2. Market Share Analysis, 2023
16.11.2.1. By Mode of Payment
16.11.2.2. By Types of Purchase
16.11.2.3. By Industry Vertical
16.12. Czech Republic
16.12.1. Pricing Analysis
16.12.2. Market Share Analysis, 2023
16.12.2.1. By Mode of Payment
16.12.2.2. By Types of Purchase
16.12.2.3. By Industry Vertical
16.13. Romania
16.13.1. Pricing Analysis
16.13.2. Market Share Analysis, 2023
16.13.2.1. By Mode of Payment
16.13.2.2. By Types of Purchase
16.13.2.3. By Industry Vertical
16.14. India
16.14.1. Pricing Analysis
16.14.2. Market Share Analysis, 2023
16.14.2.1. By Mode of Payment
16.14.2.2. By Types of Purchase
16.14.2.3. By Industry Vertical
16.15. Bangladesh
16.15.1. Pricing Analysis
16.15.2. Market Share Analysis, 2023
16.15.2.1. By Mode of Payment
16.15.2.2. By Types of Purchase
16.15.2.3. By Industry Vertical
16.16. Australia
16.16.1. Pricing Analysis
16.16.2. Market Share Analysis, 2023
16.16.2.1. By Mode of Payment
16.16.2.2. By Types of Purchase
16.16.2.3. By Industry Vertical
16.17. New Zealand
16.17.1. Pricing Analysis
16.17.2. Market Share Analysis, 2023
16.17.2.1. By Mode of Payment
16.17.2.2. By Types of Purchase
16.17.2.3. By Industry Vertical
16.18. China
16.18.1. Pricing Analysis
16.18.2. Market Share Analysis, 2023
16.18.2.1. By Mode of Payment
16.18.2.2. By Types of Purchase
16.18.2.3. By Industry Vertical
16.19. Japan
16.19.1. Pricing Analysis
16.19.2. Market Share Analysis, 2023
16.19.2.1. By Mode of Payment
16.19.2.2. By Types of Purchase
16.19.2.3. By Industry Vertical
16.20. South Korea
16.20.1. Pricing Analysis
16.20.2. Market Share Analysis, 2023
16.20.2.1. By Mode of Payment
16.20.2.2. By Types of Purchase
16.20.2.3. By Industry Vertical
16.21. GCC Countries
16.21.1. Pricing Analysis
16.21.2. Market Share Analysis, 2023
16.21.2.1. By Mode of Payment
16.21.2.2. By Types of Purchase
16.21.2.3. By Industry Vertical
16.22. South Africa
16.22.1. Pricing Analysis
16.22.2. Market Share Analysis, 2023
16.22.2.1. By Mode of Payment
16.22.2.2. By Types of Purchase
16.22.2.3. By Industry Vertical
16.23. Israel
16.23.1. Pricing Analysis
16.23.2. Market Share Analysis, 2023
16.23.2.1. By Mode of Payment
16.23.2.2. By Types of Purchase
16.23.2.3. By Industry Vertical
17. Market Structure Analysis
17.1. Competition Dashboard
17.2. Competition Benchmarking
17.3. Market Share Analysis of Top Players
17.3.1. By Regional
17.3.2. By Mode of Payment
17.3.3. By Types of Purchase
17.3.4. By Industry Vertical
18. Competition Analysis
18.1. Competition Deep Dive
18.1.1. Bango.net Limited
18.1.1.1. Overview
18.1.1.2. Product Portfolio
18.1.1.3. Profitability by Market Segments
18.1.1.4. Sales Footprint
18.1.1.5. Strategy Overview
18.1.1.5.1. Marketing Strategy
18.1.2. Boku, Inc.
18.1.2.1. Overview
18.1.2.2. Product Portfolio
18.1.2.3. Profitability by Market Segments
18.1.2.4. Sales Footprint
18.1.2.5. Strategy Overview
18.1.2.5.1. Marketing Strategy
18.1.3. Dwolla, Inc.
18.1.3.1. Overview
18.1.3.2. Product Portfolio
18.1.3.3. Profitability by Market Segments
18.1.3.4. Sales Footprint
18.1.3.5. Strategy Overview
18.1.3.5.1. Marketing Strategy
18.1.4. Fortumo OÜ
18.1.4.1. Overview
18.1.4.2. Product Portfolio
18.1.4.3. Profitability by Market Segments
18.1.4.4. Sales Footprint
18.1.4.5. Strategy Overview
18.1.4.5.1. Marketing Strategy
18.1.5. Judo Payments
18.1.5.1. Overview
18.1.5.2. Product Portfolio
18.1.5.3. Profitability by Market Segments
18.1.5.4. Sales Footprint
18.1.5.5. Strategy Overview
18.1.5.5.1. Marketing Strategy
18.1.6. Paypal Inc
18.1.6.1. Overview
18.1.6.2. Product Portfolio
18.1.6.3. Profitability by Market Segments
18.1.6.4. Sales Footprint
18.1.6.5. Strategy Overview
18.1.6.5.1. Marketing Strategy
18.1.7. Square, Inc.
18.1.7.1. Overview
18.1.7.2. Product Portfolio
18.1.7.3. Profitability by Market Segments
18.1.7.4. Sales Footprint
18.1.7.5. Strategy Overview
18.1.7.5.1. Marketing Strategy
18.1.8. Stripe
18.1.8.1. Overview
18.1.8.2. Product Portfolio
18.1.8.3. Profitability by Market Segments
18.1.8.4. Sales Footprint
18.1.8.5. Strategy Overview
18.1.8.5.1. Marketing Strategy
18.1.9. WePay, Inc.
18.1.9.1. Overview
18.1.9.2. Product Portfolio
18.1.9.3. Profitability by Market Segments
18.1.9.4. Sales Footprint
18.1.9.5. Strategy Overview
18.1.9.5.1. Marketing Strategy
19. Assumptions & Acronyms Used20. Research Methodology
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List of Tables
Table 1: Global Market Value (US$ Million) Forecast by Region, 2019 to 2034
Table 2: Global Market Value (US$ Million) Forecast by Mode of Payment, 2019 to 2034
Table 3: Global Market Value (US$ Million) Forecast by Types of Purchase, 2019 to 2034
Table 4: Global Market Value (US$ Million) Forecast by Industry Vertical, 2019 to 2034
Table 5: North America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 6: North America Market Value (US$ Million) Forecast by Mode of Payment, 2019 to 2034
Table 7: North America Market Value (US$ Million) Forecast by Types of Purchase, 2019 to 2034
Table 8: North America Market Value (US$ Million) Forecast by Industry Vertical, 2019 to 2034
Table 9: Latin America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 10: Latin America Market Value (US$ Million) Forecast by Mode of Payment, 2019 to 2034
Table 11: Latin America Market Value (US$ Million) Forecast by Types of Purchase, 2019 to 2034
Table 12: Latin America Market Value (US$ Million) Forecast by Industry Vertical, 2019 to 2034
Table 13: Western Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 14: Western Europe Market Value (US$ Million) Forecast by Mode of Payment, 2019 to 2034
Table 15: Western Europe Market Value (US$ Million) Forecast by Types of Purchase, 2019 to 2034
Table 16: Western Europe Market Value (US$ Million) Forecast by Industry Vertical, 2019 to 2034
Table 17: Eastern Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 18: Eastern Europe Market Value (US$ Million) Forecast by Mode of Payment, 2019 to 2034
Table 19: Eastern Europe Market Value (US$ Million) Forecast by Types of Purchase, 2019 to 2034
Table 20: Eastern Europe Market Value (US$ Million) Forecast by Industry Vertical, 2019 to 2034
Table 21: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 22: South Asia and Pacific Market Value (US$ Million) Forecast by Mode of Payment, 2019 to 2034
Table 23: South Asia and Pacific Market Value (US$ Million) Forecast by Types of Purchase, 2019 to 2034
Table 24: South Asia and Pacific Market Value (US$ Million) Forecast by Industry Vertical, 2019 to 2034
Table 25: East Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 26: East Asia Market Value (US$ Million) Forecast by Mode of Payment, 2019 to 2034
Table 27: East Asia Market Value (US$ Million) Forecast by Types of Purchase, 2019 to 2034
Table 28: East Asia Market Value (US$ Million) Forecast by Industry Vertical, 2019 to 2034
Table 29: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 30: Middle East and Africa Market Value (US$ Million) Forecast by Mode of Payment, 2019 to 2034
Table 31: Middle East and Africa Market Value (US$ Million) Forecast by Types of Purchase, 2019 to 2034
Table 32: Middle East and Africa Market Value (US$ Million) Forecast by Industry Vertical, 2019 to 2034
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List of Charts
Figure 1: Global Market Value (US$ Million) by Mode of Payment, 2024 to 2034
Figure 2: Global Market Value (US$ Million) by Types of Purchase, 2024 to 2034
Figure 3: Global Market Value (US$ Million) by Industry Vertical, 2024 to 2034
Figure 4: Global Market Value (US$ Million) by Region, 2024 to 2034
Figure 5: Global Market Value (US$ Million) Analysis by Region, 2019 to 2034
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034
Figure 8: Global Market Value (US$ Million) Analysis by Mode of Payment, 2019 to 2034
Figure 9: Global Market Value Share (%) and BPS Analysis by Mode of Payment, 2024 to 2034
Figure 10: Global Market Y-o-Y Growth (%) Projections by Mode of Payment, 2024 to 2034
Figure 11: Global Market Value (US$ Million) Analysis by Types of Purchase, 2019 to 2034
Figure 12: Global Market Value Share (%) and BPS Analysis by Types of Purchase, 2024 to 2034
Figure 13: Global Market Y-o-Y Growth (%) Projections by Types of Purchase, 2024 to 2034
Figure 14: Global Market Value (US$ Million) Analysis by Industry Vertical, 2019 to 2034
Figure 15: Global Market Value Share (%) and BPS Analysis by Industry Vertical, 2024 to 2034
Figure 16: Global Market Y-o-Y Growth (%) Projections by Industry Vertical, 2024 to 2034
Figure 17: Global Market Attractiveness by Mode of Payment, 2024 to 2034
Figure 18: Global Market Attractiveness by Types of Purchase, 2024 to 2034
Figure 19: Global Market Attractiveness by Industry Vertical, 2024 to 2034
Figure 20: Global Market Attractiveness by Region, 2024 to 2034
Figure 21: North America Market Value (US$ Million) by Mode of Payment, 2024 to 2034
Figure 22: North America Market Value (US$ Million) by Types of Purchase, 2024 to 2034
Figure 23: North America Market Value (US$ Million) by Industry Vertical, 2024 to 2034
Figure 24: North America Market Value (US$ Million) by Country, 2024 to 2034
Figure 25: North America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 26: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 27: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 28: North America Market Value (US$ Million) Analysis by Mode of Payment, 2019 to 2034
Figure 29: North America Market Value Share (%) and BPS Analysis by Mode of Payment, 2024 to 2034
Figure 30: North America Market Y-o-Y Growth (%) Projections by Mode of Payment, 2024 to 2034
Figure 31: North America Market Value (US$ Million) Analysis by Types of Purchase, 2019 to 2034
Figure 32: North America Market Value Share (%) and BPS Analysis by Types of Purchase, 2024 to 2034
Figure 33: North America Market Y-o-Y Growth (%) Projections by Types of Purchase, 2024 to 2034
Figure 34: North America Market Value (US$ Million) Analysis by Industry Vertical, 2019 to 2034
Figure 35: North America Market Value Share (%) and BPS Analysis by Industry Vertical, 2024 to 2034
Figure 36: North America Market Y-o-Y Growth (%) Projections by Industry Vertical, 2024 to 2034
Figure 37: North America Market Attractiveness by Mode of Payment, 2024 to 2034
Figure 38: North America Market Attractiveness by Types of Purchase, 2024 to 2034
Figure 39: North America Market Attractiveness by Industry Vertical, 2024 to 2034
Figure 40: North America Market Attractiveness by Country, 2024 to 2034
Figure 41: Latin America Market Value (US$ Million) by Mode of Payment, 2024 to 2034
Figure 42: Latin America Market Value (US$ Million) by Types of Purchase, 2024 to 2034
Figure 43: Latin America Market Value (US$ Million) by Industry Vertical, 2024 to 2034
Figure 44: Latin America Market Value (US$ Million) by Country, 2024 to 2034
Figure 45: Latin America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 48: Latin America Market Value (US$ Million) Analysis by Mode of Payment, 2019 to 2034
Figure 49: Latin America Market Value Share (%) and BPS Analysis by Mode of Payment, 2024 to 2034
Figure 50: Latin America Market Y-o-Y Growth (%) Projections by Mode of Payment, 2024 to 2034
Figure 51: Latin America Market Value (US$ Million) Analysis by Types of Purchase, 2019 to 2034
Figure 52: Latin America Market Value Share (%) and BPS Analysis by Types of Purchase, 2024 to 2034
Figure 53: Latin America Market Y-o-Y Growth (%) Projections by Types of Purchase, 2024 to 2034
Figure 54: Latin America Market Value (US$ Million) Analysis by Industry Vertical, 2019 to 2034
Figure 55: Latin America Market Value Share (%) and BPS Analysis by Industry Vertical, 2024 to 2034
Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Industry Vertical, 2024 to 2034
Figure 57: Latin America Market Attractiveness by Mode of Payment, 2024 to 2034
Figure 58: Latin America Market Attractiveness by Types of Purchase, 2024 to 2034
Figure 59: Latin America Market Attractiveness by Industry Vertical, 2024 to 2034
Figure 60: Latin America Market Attractiveness by Country, 2024 to 2034
Figure 61: Western Europe Market Value (US$ Million) by Mode of Payment, 2024 to 2034
Figure 62: Western Europe Market Value (US$ Million) by Types of Purchase, 2024 to 2034
Figure 63: Western Europe Market Value (US$ Million) by Industry Vertical, 2024 to 2034
Figure 64: Western Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 65: Western Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 66: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 67: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 68: Western Europe Market Value (US$ Million) Analysis by Mode of Payment, 2019 to 2034
Figure 69: Western Europe Market Value Share (%) and BPS Analysis by Mode of Payment, 2024 to 2034
Figure 70: Western Europe Market Y-o-Y Growth (%) Projections by Mode of Payment, 2024 to 2034
Figure 71: Western Europe Market Value (US$ Million) Analysis by Types of Purchase, 2019 to 2034
Figure 72: Western Europe Market Value Share (%) and BPS Analysis by Types of Purchase, 2024 to 2034
Figure 73: Western Europe Market Y-o-Y Growth (%) Projections by Types of Purchase, 2024 to 2034
Figure 74: Western Europe Market Value (US$ Million) Analysis by Industry Vertical, 2019 to 2034
Figure 75: Western Europe Market Value Share (%) and BPS Analysis by Industry Vertical, 2024 to 2034
Figure 76: Western Europe Market Y-o-Y Growth (%) Projections by Industry Vertical, 2024 to 2034
Figure 77: Western Europe Market Attractiveness by Mode of Payment, 2024 to 2034
Figure 78: Western Europe Market Attractiveness by Types of Purchase, 2024 to 2034
Figure 79: Western Europe Market Attractiveness by Industry Vertical, 2024 to 2034
Figure 80: Western Europe Market Attractiveness by Country, 2024 to 2034
Figure 81: Eastern Europe Market Value (US$ Million) by Mode of Payment, 2024 to 2034
Figure 82: Eastern Europe Market Value (US$ Million) by Types of Purchase, 2024 to 2034
Figure 83: Eastern Europe Market Value (US$ Million) by Industry Vertical, 2024 to 2034
Figure 84: Eastern Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 85: Eastern Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 86: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 87: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 88: Eastern Europe Market Value (US$ Million) Analysis by Mode of Payment, 2019 to 2034
Figure 89: Eastern Europe Market Value Share (%) and BPS Analysis by Mode of Payment, 2024 to 2034
Figure 90: Eastern Europe Market Y-o-Y Growth (%) Projections by Mode of Payment, 2024 to 2034
Figure 91: Eastern Europe Market Value (US$ Million) Analysis by Types of Purchase, 2019 to 2034
Figure 92: Eastern Europe Market Value Share (%) and BPS Analysis by Types of Purchase, 2024 to 2034
Figure 93: Eastern Europe Market Y-o-Y Growth (%) Projections by Types of Purchase, 2024 to 2034
Figure 94: Eastern Europe Market Value (US$ Million) Analysis by Industry Vertical, 2019 to 2034
Figure 95: Eastern Europe Market Value Share (%) and BPS Analysis by Industry Vertical, 2024 to 2034
Figure 96: Eastern Europe Market Y-o-Y Growth (%) Projections by Industry Vertical, 2024 to 2034
Figure 97: Eastern Europe Market Attractiveness by Mode of Payment, 2024 to 2034
Figure 98: Eastern Europe Market Attractiveness by Types of Purchase, 2024 to 2034
Figure 99: Eastern Europe Market Attractiveness by Industry Vertical, 2024 to 2034
Figure 100: Eastern Europe Market Attractiveness by Country, 2024 to 2034
Figure 101: South Asia and Pacific Market Value (US$ Million) by Mode of Payment, 2024 to 2034
Figure 102: South Asia and Pacific Market Value (US$ Million) by Types of Purchase, 2024 to 2034
Figure 103: South Asia and Pacific Market Value (US$ Million) by Industry Vertical, 2024 to 2034
Figure 104: South Asia and Pacific Market Value (US$ Million) by Country, 2024 to 2034
Figure 105: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 106: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 107: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 108: South Asia and Pacific Market Value (US$ Million) Analysis by Mode of Payment, 2019 to 2034
Figure 109: South Asia and Pacific Market Value Share (%) and BPS Analysis by Mode of Payment, 2024 to 2034
Figure 110: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Mode of Payment, 2024 to 2034
Figure 111: South Asia and Pacific Market Value (US$ Million) Analysis by Types of Purchase, 2019 to 2034
Figure 112: South Asia and Pacific Market Value Share (%) and BPS Analysis by Types of Purchase, 2024 to 2034
Figure 113: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Types of Purchase, 2024 to 2034
Figure 114: South Asia and Pacific Market Value (US$ Million) Analysis by Industry Vertical, 2019 to 2034
Figure 115: South Asia and Pacific Market Value Share (%) and BPS Analysis by Industry Vertical, 2024 to 2034
Figure 116: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Industry Vertical, 2024 to 2034
Figure 117: South Asia and Pacific Market Attractiveness by Mode of Payment, 2024 to 2034
Figure 118: South Asia and Pacific Market Attractiveness by Types of Purchase, 2024 to 2034
Figure 119: South Asia and Pacific Market Attractiveness by Industry Vertical, 2024 to 2034
Figure 120: South Asia and Pacific Market Attractiveness by Country, 2024 to 2034
Figure 121: East Asia Market Value (US$ Million) by Mode of Payment, 2024 to 2034
Figure 122: East Asia Market Value (US$ Million) by Types of Purchase, 2024 to 2034
Figure 123: East Asia Market Value (US$ Million) by Industry Vertical, 2024 to 2034
Figure 124: East Asia Market Value (US$ Million) by Country, 2024 to 2034
Figure 125: East Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 126: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 127: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 128: East Asia Market Value (US$ Million) Analysis by Mode of Payment, 2019 to 2034
Figure 129: East Asia Market Value Share (%) and BPS Analysis by Mode of Payment, 2024 to 2034
Figure 130: East Asia Market Y-o-Y Growth (%) Projections by Mode of Payment, 2024 to 2034
Figure 131: East Asia Market Value (US$ Million) Analysis by Types of Purchase, 2019 to 2034
Figure 132: East Asia Market Value Share (%) and BPS Analysis by Types of Purchase, 2024 to 2034
Figure 133: East Asia Market Y-o-Y Growth (%) Projections by Types of Purchase, 2024 to 2034
Figure 134: East Asia Market Value (US$ Million) Analysis by Industry Vertical, 2019 to 2034
Figure 135: East Asia Market Value Share (%) and BPS Analysis by Industry Vertical, 2024 to 2034
Figure 136: East Asia Market Y-o-Y Growth (%) Projections by Industry Vertical, 2024 to 2034
Figure 137: East Asia Market Attractiveness by Mode of Payment, 2024 to 2034
Figure 138: East Asia Market Attractiveness by Types of Purchase, 2024 to 2034
Figure 139: East Asia Market Attractiveness by Industry Vertical, 2024 to 2034
Figure 140: East Asia Market Attractiveness by Country, 2024 to 2034
Figure 141: Middle East and Africa Market Value (US$ Million) by Mode of Payment, 2024 to 2034
Figure 142: Middle East and Africa Market Value (US$ Million) by Types of Purchase, 2024 to 2034
Figure 143: Middle East and Africa Market Value (US$ Million) by Industry Vertical, 2024 to 2034
Figure 144: Middle East and Africa Market Value (US$ Million) by Country, 2024 to 2034
Figure 145: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 146: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 147: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 148: Middle East and Africa Market Value (US$ Million) Analysis by Mode of Payment, 2019 to 2034
Figure 149: Middle East and Africa Market Value Share (%) and BPS Analysis by Mode of Payment, 2024 to 2034
Figure 150: Middle East and Africa Market Y-o-Y Growth (%) Projections by Mode of Payment, 2024 to 2034
Figure 151: Middle East and Africa Market Value (US$ Million) Analysis by Types of Purchase, 2019 to 2034
Figure 152: Middle East and Africa Market Value Share (%) and BPS Analysis by Types of Purchase, 2024 to 2034
Figure 153: Middle East and Africa Market Y-o-Y Growth (%) Projections by Types of Purchase, 2024 to 2034
Figure 154: Middle East and Africa Market Value (US$ Million) Analysis by Industry Vertical, 2019 to 2034
Figure 155: Middle East and Africa Market Value Share (%) and BPS Analysis by Industry Vertical, 2024 to 2034
Figure 156: Middle East and Africa Market Y-o-Y Growth (%) Projections by Industry Vertical, 2024 to 2034
Figure 157: Middle East and Africa Market Attractiveness by Mode of Payment, 2024 to 2034
Figure 158: Middle East and Africa Market Attractiveness by Types of Purchase, 2024 to 2034
Figure 159: Middle East and Africa Market Attractiveness by Industry Vertical, 2024 to 2034
Figure 160: Middle East and Africa Market Attractiveness by Country, 2024 to 2034
