The changing consumer preferences are driving mobile payments globally. Mobile payments are more convenient, time saving and can replace paper money, but security is one of the major factors hampering its adoption globally. The basic methods used for mobile payments are Premium SMS, Direct Mobile Billing, WAP and NFC (Near Field Communication). Contactless NFC technology is the next big thing in the field of mobile payments and it is getting traction in United States and Europe region.
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The report contains the global scenario of Mobile Payments market discussing detailed overview and market figures. The research report analyses the industry growth rate, industry capacity, and industry structure. The report analyses the historical data and forecasts the Mobile Payments market size, production forecasts along with key factors driving and restraining the market.
This research report analyzes this market depending on its market segments, major geographies, and current market trends.
Geographies analyzed under this research report include
- North America
- Asia Pacific
- Rest of the World
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
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