Growth of Mobile Money Market Globally 2014-2019

Global Mobile Money Industry Prospects till 2019 – Emergence of Disruptive Solutions and Governmental Support to Drive Growth provides an in-depth analysis of the Global Mobile Money Industry. The report covers specific insights on the market size in terms of value, segmentation by geography and by m-wallet, MPOS, M-banking and M-payment segmentation of major countries along with the drivers and restraints, recent trends and developments, government regulations and future outlook of the mobile money Industry at the global level. The report also entails a detailed description of the prominent and emerging geographic markets of the region including Asia Pacific, Africa, Latin America, Europe and Middle East.

Global Scenario

The mobile money industry across the world has been continuously growing and expanding across various regions. The global mobile money market was estimated to be USD ~ billion, in terms of value of transactions taking place in 2014. The market has expanded at an outstanding CAGR of ~% over the period of 2008-2014. The mobile payments industry is a complex industry which includes a number of stakeholders. The rising ownership of smart phones across the developing and developed markets has facilitated the growth of mobile payment solutions across the world. The total value of mobile transactions processed throughout the world is expected to escalate to USD ~ billion in 2019 surging at a CAGR of 122.2% over the period of 2015-2019. The massive increase in the payments, remittance and banking value is anticipated to be driven by Asia-Pacific region, with countries including China and India.

Asia Pacific

The mobile payments market in Asia Pacific region is relatively varied and highly fragmented. The mobile money industry in China has showcased a magnificent growth over the span of last few years. India has an evolving landscape in terms of mobile money market which is characterized with fragmentation in the number and nature of services...