Mobile Payment Technologies Market to Reach US$ 50,561.64 Bn by 2026

-
The global mobile payment technologies market was valued at US$ 2,943.58 Bn in 2017 and is expected to expand at a CAGR of 37.8% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled “Mobile Payment Technologies Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”. Asia Pacific region is expected to hold the dominant revenue share, with the market in the region expanding at a CAGR of above 30%. The global mobile payment technologies market is mainly driven by growing adoption of smart appliances and increasing mobile data usage across the world.

Mobile payment systems enable consumers to make immediate payment by using a smartphone. The growing number of mobile users and the increasing adoption of smart devices such as smartphones & tablets are expected to fuel the growth of this market. Mobile payment solutions are increasingly adopted by emerging economies, and growing adoption of smart appliances and rise in mobile data usage are anticipated to fuel the growth of the mobile payment technologies market during the forecast period.

This is primarily due to the ease of communication and growing demand for convenient transactions by consumers around the world. Smart appliances such as smartphones and tablets, with their associated applications, are the primary requirement for mobile payment technology, which allows payment without using traditional financial transaction channels. 

Request a Sample of Mobile Payment Technologies Market - 
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=157

Comments

Post a Comment

Popular posts from this blog

Oil and Gas Terminal Automation Market: To Reflect Impressive Growth Rate By 2019 - 2027

-
  Global  Oil and Gas Terminal Automation Market : Overview A sturdy growth rate, compounded annually, will be recorded in the global oil and gas terminal market, states Transparency market Research (TMR), for the period of 2019 to 2027. It will be driven forward on to a high growth trajectory at the back of a number of growth factors. Some of these are low oil prices and growing demand for natural gas across a number of varied industry verticals. Demand for oil and gas will also be pushed up by growing population for its energy and fuel needs. This in turn will require more exploration, extraction, better storage and robust distribution. And, this again would lead to demand for oil and gas terminal automation. Therefore, the market will be rife with new opportunities of growth in this period. And, as per TMR, the players would do their best to make the most of these. Global Oil and Gas Terminal Automation Market: Competitive Landscape Global oil and gas terminal automation ma...
Read more

Impact Sensing Door Unlock System Market will Generate New Growth Opportunities By 2019 - 2027

-
  Impact Sensing Door Unlock System : Introduction The impact sensing door unlock system unlocks the door automatically without a key, it can be operated through a mobile application. The impact sensing door unlock system consists of sensors and an electronic control unit, wherein the sensors receive a signal from the wireless system and transmits that signal to the electronic control unit. The electronic control unit is wired to the central lock, which in turn unlocks or locks all the doors of the vehicle. Key Drivers of Impact Sensing Door Unlock System Market Rise in demand for safety and security features in a vehicle is estimated to boost the impact sensing door unlock system market. Every vehicle manufacturer is trying to boost the integration of advanced safety features, including center locking system with impact sensing door unlock system that is activated through a mobile application. This in turn is projected to fuel the demand for the impact sensing door unlock system. ...
Read more

Architectural LED Products Market: Size, Analytical Overview, Growth Factors, Demand, Trends And Forecast To 2018 - 2026

-
  Global Architectural LED Products Market: Overview  Safety is one of the key concern in architectural spaces, which is important to recognize the need for acceptable architectural lighting. Proper architectural lighting has a vital role for people occupying the architectural space. Additionally, architectural lighting attracts the person’s attention and enables the architectures for serving its true purpose with enhanced features.  The  architectural LED products market  report involves some of the insightful predictions over the scope of the market and some prospects over growth. The new report from Transparency Market Research (TMR) on the architectural LED products market offers the thorough analysis of market segmentation and involves the past revenue and future forecasts. The report offers numerous key strategies adopted by key players coupled with some prominent trends, which are impacting on the growth. Along with this, it explains important information...
Read more