2012-12-01 00:20:32 - Mobile Payment (Mobile Money) - A Global Strategic Business Report - a new market research report on companiesandmarkets.com
Global market for mobile payment (mobile money) is projected to reach US$264.8 billion by the year 2015. Increasing uptake of mobile payment concept by the consumers around the world especially in the heavily populous countries in the Asia-Pacific region is expected to inflate the market for mobile payments in the coming years.Mobile payment market gained momentum in the recent years owing to introduction of efficient mobile money transfer services across several markets. Further, the widespread adoption of mobile payments in majority of the markets, especially in Asia-Pacific, and participation of global institutions in NFC (near-field communication) payment trials led to the growth of the market. Given the fact that approximately four billion mobile phone users exist across the globe with
numbers increasing at a faster pace, and the figure of bank accounts is approximately pegged at about 1.6 billion, mobile payment attracts huge growth potential.According to Global Industry Analysts, Asia-Pacific represents the largest market. Rest of world comprising Latin America, the Middle East and Africa represents the fastest growing market for mobile payment (mobile money) in the world. By mobile technology type, SMS Mobile Payment segment predominates the worldwide mobile payment market, while the Near Field Communications (NFC) represents the fastest growing technology type for mobile payment.This report analyzes the worldwide markets for Mobile Payment (Mobile Money) in US$ Million and Number of Users at Service Provider´s Level by the following technology types: Near Field Communications (NFC), SMS Mobile Payment, Unstructured Supplementary Service Data (USSD), and Wireless Application Protocol (WAP). The report provides separate comprehensive analytics for North America, Europe, Asia-Pacific, and Rest of World. Annual estimates and forecasts are provided for each region for the period 2006 through 2015.The report profiles 98 companies including many key and niche players such as Danal Co., Ltd., Ericsson, Firethorn Holdings LLC, Harex Infotech, Inc., International Business Machines Corporation, mBlox, Inc., mFoundry, Inc., Mobipay Systems, Inc., Netsize Corporate, Nokia Corporation, NTT DOCOMO, Inc., Obopay, Inc., Paybox Services, Sybase, Inc.., Trivnet, Verrus Mobile Technologies, Inc., and ViVOtech, Inc. Market data and analytics are derived from primary and secondary research. Company profiles are mostly extracted from URL research and reported select online sources. Global Industry Analysts ©
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