The global mobile payment segment has experienced exceptional growth in the last five years, establishing a $600B market by 2017. The market has moved well-beyond its origins of niche status and is now poised for adoption of new payment technologies such as next generation contactless payments, converged mobile wallets, integration of digital currency (like Bitcoin), wearable payment solutions, and payments through implanted chips into the human body. The overall electronic payments market will also accelerate transformation towards a cashless society. —
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This growth will benefit all value chain stakeholders including device manufacturers, service providers, app developers, financial organizations, and merchants significantly. Many improvements will be witnessed as the ecosystem streamlines front-end processes to leverage efficiencies enabled by back-end systems. Mind Commerce estimates a combined $3T mobile payment market by 2023 of which $9B will be through next generation implantable payment technologies.
The research evaluates existing and emerging mobile payment technologies, leading mobile payment companies, and solutions. The report provides market forecast for the 2018 – 2023 period for all segments of the mobile payment marketplace. All purchases of Mind Commerce reports include time with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This needs to be used within three months of purchasing the report.
Mobile payment forecasts including global, regional, and country data for 2018 – 2023
Global payment market analysis including mobile money, wallets, wearable and implantable payments
Understand current payment methods and emerging technologies including wearables and implantables
Understand the evolving ecosystem for mobile payments, value partners, and their role key in the ecosystem
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Mobile device vendors
Mobile network operators
Mobile commerce companies
Wireless infrastructure companies
Government agencies and authorities
Companies in Report:
Alibaba Group Holding Limited
American Express Company
Bank of America Corporation
Bharti Airtel Limited
MTN Group Limited
NTT DoCoMo Inc.
PayPal Holdings Inc.
Samsung Electronics Co. Ltd.
Vodacom Group Limited
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Major Points From The Table Of Contents:
Mobile Payment Ecosystem
Mobile Payment Market Analysis and Forecasts
Conclusions and Recommendations
Figure 1: Mobile Payment Industry Roadmap
Figure 2: Mobile Payment Model
Figure 3: Smart NFC Chip
Figure 4: Digital Tattoo
Figure 5: Implanted Smartphone with Holographic Screen
Figure 6: E-payment Process
Figure 7: Mobile Payment Ecosystem
Figure 8: OTA Payment Activation Process
Figure 9: Global Mobile Payment Market 2018 – 2023
Figure 10: Global Third Party Mobile Money (Non-Banking) Transaction Volume 2018 – 2023
Figure 11: Global NFC Payment by Host Cast Emulation (HCE) Cloud Based Transaction 2018 – 2023
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