Technology News & Trends

The demand in the global remote mobile payment market is projected to escalate an exponential CAGR of 44.9% during the forecast period of 2017 to 2022, gaining traction from a number of factors such as ubiquity of smartphones, technological advancements that have enabled instantaneous authentication of personals, and growing fields of Big Data and the internet of things. The advent of near field communication (NFC) technology is likely to have an impressive future in e-commerce as well as retail shops. Though the remote mobile payment market is still in nascent stage and data security remains the most glaring restraint, the future seems highly prosperous, with the opportunities exceeding a global worth of 7,526,127.9 mn by 2022, rapidly mounting from its evaluated worth of US1,176,712.6 mn in 2017. M-Commerce Remains Most Profitable Mode of Payment Segment Based on mode of payment, the global remote mobile payment market has been segmented into peer-to-peer and m-commerce. ...

Although the global remote mobile payment market is currently in nascent stage, a fresh study by Transparency Market Research (TMR) assures that the future is highly prosperous, with the demand estimated to increment at an incredible CAGR of 44.9% during the forecast period of 2017 to 2022. As per the projections of the TMR report, the global remote mobile payment market will be worth US$7,526,127.9 mn by 2022, exponentially up from its evaluated valuation of merely US$1,176,712.6 mn in 2017. The report identifies ACI Worldwide, Inc., Samsung Electronics Co Ltd., Alphabet Inc., DH Corporation, Apple Inc., Visa Inc., Square, Inc., PayPal Holdings, Inc., Mastercard Incorporated., Fidelity National Information Services, Inc., and Fiserv, Inc. as some of the key companies currently operating in the global remote mobile payment market. Browse The Report: https://www.transparencymarketresearch.com/remote-mobile-payment-market.html Competition Intensifying With Increasing Number ...