View
493
Download
0
Embed Size (px)
Citation preview
Global Mobile Payment Market Forecast 2015 – 2021
Occams Business Research & Consulting
2
Table of contents
•Executive summary•Mobile Payment market Segmentation by application• What are mobile payments?• Drivers of mobile payment market• Restraints of mobile payment market• Challenges of mobile payment market• Opportunities of mobile payment market• Strategic analysis of mobile payment market• Geography Analysis•Research methodology
OCCAMS BUSINESS RESEARCH & CONSULTING PVT. LTD.
Executive Summary
OCCAMS BUSINESS RESEARCH &CONSULTING PVT. LTD.
• Mobile payments have been a boon for conflict prone African continent. Over $32 billion worth of transaction were made through mobile payments.
• The transaction volume in Africa is expected to reach XXXX by 2020 at CAGR of XXXX for the forecasted period of 2015-2020. Africa has the highest CAGR amongst all the geographies.
• Mobile commerce is expected to reach XXXX in 2020 and mobile wallet is expected to reach XXXX billion in 2020.
• Closed loop payments are expected to grow at a CAGR of XXX% for the forecasted period of 2015-2020. The market is driven by banks developing their own apps and providing on the go services for the customers.
TYPES OF MOBILE PAYMENTS
OCCAMS BUSINESS RESEARCH & CONSULTING PVT. LTD.
Mobile Payments
Proximity Payments
Near Feld Communicatio
n (NFC)
Quick Response Code (QR)
Hybrid
Remote Payments
SMS based WAP technology
US E-commerce sales (%) compared to total retail sales
Source: OBRC Analysis
OCCAMS BUSINESS RESEARCH & CONSULTING PVT. LTD.
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
• Acquisitions and partnerships are driving the global mobile payment market
• Rigidity of banks • Technological advancement giving rise to mobile payment
market • Global adoption of mobile payment services by small
merchants and businesses • Global adoption of mobile payment services by unbanked
population to boost the global mobile payment market
Market Determinants -Drivers
Source: OBRC Analysis OCCAMS BUSINESS RESEARCH & CONSULTING PVT. LTD.
Key strategies of mobile payment market
OCCAMS BUSINESS RESEARCH & CONSULTING PVT. LTD.
• Cases of partnerships by leading mobile payment providers
• Acquisition: key growth strategy
• Investments in technology and leveraging existing infrastructure
• Geographical market expansion
Key restraints of mobile payment market
OCCAMS BUSINESS RESEARCH & CONSULTING PVT. LTD.
• Security threats are prime concerns
• Attacks of spyware and malware may slow the growth of the market
• Interoperability is a key concern
Key Opportunities of mobile payment market
OCCAMS BUSINESS RESEARCH & CONSULTING PVT. LTD.
• Introduction of more user-friendly technologies to create scope for mobile payment market
• Entry of big players in mobile payment market to create huge scope for global payment market
• Emphasis on user-convenience giving rise to adoption of mobile payment systems
• Limits on cash transaction to boost global mobile payment market
• Government aid enables the mobile payment to grow fast
Challenges of CGMS Market
OCCAMS BUSINESS RESEARCH & CONSULTING PVT. LTD.
• Unwillingness to switch to new technology
• Unclear business case: large investment required
• Newer technologies, unclear rules confuse the market players and customers
• Lack of confidence and late arrival scenario may affect the growth of the market
• Addressing the complexities is a concern
11
• Asia has seen rapid growth in the past along with the world because of huge potential in economies of countries like India, China, Thailand and South Korea etc.
• Asian countries have adopted Mobile payments since its launch and Asian countries are big market for mobile payments.
• Large but underdeveloped market such as India, Indonesia, China, Philippines and Vietnam rapidly adopted mobile payments for various things from remittance and ticket booking to bill payment.
• The other factor which is increasing the role of mobile payments is increasing use of mobile phones in heavily populated Asian countries.
Emerging economies
Source: OBRC Analysis
OCCAMS BUSINESS RESEARCH & CONSULTING PVT. LTD.
12
Geographic Analysis
Source: OBRC Analysis
OCCAMS BUSINESS RESEARCH & CONSULTING PVT. LTD.
Geographies2013 2014 2015 2016 2017 2018 2019 2020 CAGR %(2015-
2020)
North America xx xx xx xx xx xx xx xx xx
Europe xx xx xx xx xx xx xx xx xx
Africa xx xx xx xx xx xx xx xx xx
Asia xx xx xx xx xx xx xx xx xx
Asia Pacificxx xx xx xx xx xx xx xx xx
ROW xx xx xx xx xx xx xx xx xx
Total xx xx xx xx xx xx xx xx xx
Request for sample Pages: Global Mobile Payment Market by Country (United States, Canada, India, China, Japan, United Kingdom), Company Profiles, Size, Share, Trends, Analysis, Opportunities, Segmentation and Forecast 2015 - 2021
13
Upcoming Reports Contact:
Occams Business Research & Consulting
1C-603, Versova Trishul CHS Ltd. Andheri West Mumbai 400 061, India
Phone: (+91) 98 505 53315
Email: [email protected]
1. Mobile Backhaul Market, Wireless Backhaul Market, by Country (United States, Canada, India, China, Japan, United Kingdom), Company Profiles, Size, Share, Trends, Analysis, Opportunities, Segmentation and Forecast 2015 – 2021
2. Micro Irrigation Systems Market, By Country (United States, Canada, India, China, Japan, United Kingdom), Company Profiles, Size, Share, Trends, Analysis, Opportunities, Segmentation and Forecast 2015 – 2021
3. Global Internet of Things Market, by Country (United States, Canada, India, China, Japan, United Kingdom), Company Profiles, Size, Share, Trends, Analysis, Opportunities, Segmentation and Forecast 2015 – 2021
4. Global Gaming Market, by Country (United States, Canada, India, China, Japan, United Kingdom), Company Profiles, Size, Share, Trends, Analysis, Opportunities, Segmentation and Forecast 2015 – 2021
OCCAMS BUSINESS RESEARCH & CONSULTING PVT. LTD.
Global Hadoop Market (Hardware, Software, Services) applications, Geography, Haas, Share, Global Trends, Opportunities, Segmentation and Forecast 2015 – 2021
Global Smart Cities Market (Smart Home, Smart Buildings and Infrastructures, Energy Management, System Integration, Consulting Engagement, Smart Security and Safety Solutions, Smart Education)- Forecasts 2015 -2021
Global Intelligent Building Automation Technologies Market (Smart Homes, Smart Buildings and Infrastructures, Energy Management, System Integration, Intelligent Automation, Smart Security and Safety Solutions)- Market Research, Forecasts 2015 -2021
Global Gaming Market Software, Hardware, Smart Phones, Computers, Animation)-Analysis, competitive landscape, Strategy, Overview, Size, regional analysis, Share, Global Trends, Opportunities, Segmentation and Forecast 2015-2021
Global Wireless and Mobile Backhaul Equipment Market - Electronics, Software, Network, Bandwidth, Analysis, competitive landscape, Strategy, Overview, Size, regional analysis, Share, Trends, Report, Opportunities, Segmentation, 2015-2021
Occams Business Research & Consulting 14