Submitted by: Submitted by wamy156
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Category: Science and Technology
Date Submitted: 06/21/2016 04:57 AM
Global Mobile Wallet Market is expected to Grow more than US$ 6
Billion by 2020 - by Market Research Engine
New York, June 19: Market Research Engine has published a new report titled as “Mobile
Wallet Market - Global Industry Analysis, Size, Share, Growth and Forecast 2016 2024”
A mobile wallet is technology in which person bring their data in mobile which is in the form
of digital data. This data may be a particular information about customer identity, credit
card information, debit card information or more. It allows person to pay through tablet,
smart phone or smart watch from any place and any time. Mobile wallet contain digital
information and it carry in a pocket. A person can use their stored data by using app on
their device then type their password or PIN and choosing the information they have to
access and interact with mobile wallet payment terminals. Many parties are working in
mobile wallet space to innovate new things such as pay pal, amazon, google, apple etc.
Browse Full Report:
market
http://www.marketresearchengine.com/reportdetails/mobile-wallet-
The mobile wallet market is expected to exceed more than US$6 billion by 2020.
The major driving factors of mobile wallet market are as follows:
Ease of use and superior convenience.
Growing usage of value added services
Protection and efforts towards develop mobile wallet.
The Restraints factors of mobile wallet market are as follows:
Consumers' Habits and concern Pertaining to Mobile Wallet.
Working is depend on mobile battery.
Issue regarding deployment and investment.
The mobile wallet market is segmented on the lines of its payment, stakeholder and
application. The mobile wallet market is segmented on the lines of its mode of payment like
remote payment, NFC payment and NFC product market. Under stakeholder segmentation
the market covered into mobile network operators (MNOs), handset and other hardware
solution manufacturers, OSS/BSS solution providers,...