Mobile Peer to Peer (P2P) Money Transfer Market 2019-2027, Credence Research | Size, Share & Forecast

The mobile peer-to-peer (P2P) money transfer market is set to grow with a CAGR of 17 percent over the forecast period.

According to a new market research report published by Credence Research “Global Mobile Peer to Peer (P2P) Money Transfer Market– Growth, Future Prospects and Competitive Analysis, 2019 - 2027”, the mobile peer-to-peer (P2P) money transfer market is set to grow with a CAGR of 17% during the forecast period.

Market Insights

The global mobile peer to peer (P2P) money transfer market is propelled by the growing adoption of mobile payment solutions across the globe. As the adoption of internet services is increasing and customer are becoming more empowered, the retailers are embracing the mobile apps based payment solutions to deliver services to the customers on their choice of channel. The retailers are leveraging on the mobile payment solutions to provide an omni-channel shopping experience to their customer and gain customer loyalty. Moreover, the retailers are collaborating with the mobile payment solutions providers to provide attractive discount and cashback offers to the customer to develop loyal customer base. Additionally, the supportive government initiatives across the globe to promote the adoption of digital payments is further accelerating the adoption of mobile peer to peer money transfer solutions.

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The retail sector is leading the application landscape with the majority share in the mobile peer to peer money transfer market. The emergence of e-commerce is the primary factor augmenting the demand of mobile payment. As the adoption of the e-commerce platform is increasing, the way consumer pay is also evolving. Customers are looking for one platform for the shopping and payment platform. The retailers are also embracing the mobile payment solutions to provide better shopping and payment experience to the customers. Moreover, the travel 7 hospitality sector is also estimated to grow significantly over the forecast period.

North America is one of the major regions in the mobile peer to peer money transfer market. The increasing adoption of mobile wallets in the region is driving the growth of the market. As the market dynamics are changing, the financial institutes and other retail companies are leveraging on the mobile payment solution to gain customer loyalty. The flurry of the mobile wallet solution launched by the retailer such a Wallmart, Starbucks and Dunkin Donuts is further driving the demand for the mobile peer to peer money transfer market.

Some of the prominent vendors in the mobile P2P money transfer market are Square Inc., Circle Internet Financial Limited, Paypal, Tencent, ClearXchange, Dwolla Inc., SnapCash, One97 Communication Ltd., CurrencyFair Ltd., TransferWise Ltd., Alipay, Samsung Pay, Google Pay and Apple Pay.

Report Scope by Segments:

By Technology Segment (2017–2027; US$ Bn)
NFC
Mobile Apps
Text-Based

By Location Segment (2017–2027; US$ Bn)
Remote payment
Proximity payment

By Application Segment (2017–2027; US$ Bn)
Retail
Travel & hospitality
Transportation & logistics
Others

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ToC:
Chapter 1 Preface
1.1 Report Scope and Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Approach Adopted
1.3.4 Top-Down Approach
1.3.5 Bottom-Up Approach
1.3.6 Phase III – Expert Panel Review
1.3.7 Assumptions
1.4 Market Segmentation

Chapter 2 Executive Summary
............

Chapter 3 Market Dynamics
3.1 Introduction
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.1.1 Driver 1
3.2.2 Market Restraint
3.2.2.1 Restraint 1
3.3 Attractive Investment Proposition, by Geography, 2018
3.4 Market Positioning of Key Mobile P2P Money Transfer Vendors, 2018

Chapter 4 Global Mobile P2P Money Transfer Market, By Technology
4.1 Overview
4.2 NFC
4.3 Mobile Apps
4.4 Text-Based

Chapter 5 Global Mobile P2P Money Transfer Market, by Location
5.1 Overview
5.2 Remote Payment
5.3 Proximity Payment

Chapter 6 Global Mobile P2P Money Transfer Market, by Application
6.1 Overview
6.2 Retail
6.3 Travel & Hospitality
6.4 Transportation & Logistics
6.5 Others

Chapter 7 North America Mobile P2P Money Transfer Market Analysis, 2017 – 2027 (US$ Mn)
.............

Chapter 8 Europe Mobile P2P Money Transfer Market Analysis, 2017 – 2027 (US$ Mn)
..............

Chapter 9 Asia Pacific Mobile P2P Money Transfer Market Analysis, 2017 – 2027 (US$ Mn)
..............

Chapter 10 Rest of the World (RoW) Mobile P2P Money Transfer Market Analysis, 2017 – 2027 (US$ Mn)
...............

Chapter 11 Company Profiles
11.1 Paypal Inc.
11.2 Tencent
11.3 Square Inc.
11.4 Circle Internet Financial Limited
11.5 ClearXchange
11.6 SnapCash
11.7 Dwolla Inc.
11.8 One97 Communication Ltd.
11.9 TranferWise Ltd.
11.10 CurrencyFair Ltd.
11.11 Alipay
11.12 Google Inc.
11.13 Apple Inc.
11.14 Samsung Pay
....................toc continued

Browse the full report at https://www.credenceresearch.com/report/mobile-p2p-money-transfer-market

Key questions answered in this report

What was the market size of mobile peer-to-peer money transfer in 2018 and forecast up to 2027?
Which is the largest regional market for mobile peer to peer money transfer market?
What are the major trends followed in mobile peer to peer money transfer market across different regions?
Who are the key companies in the mobile peer to peer money transfer market?
What are the key strategies adopted by the leading mobile peer to peer money transfer companies in market?

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