Mobile Payments Market Is Expected To Reach USD 3,300 Billion By 2023 :

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Mobile Payments Market Is Expected To Reach USD
3,300 Billion By 2023
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Market Scenario The mobile payments market is
set to score high as the ease of monetary
transaction is taking the world by storm. All one
needs now is a smartphone to transfer or receive
money quickly. The cashless medium has become
quite popular in no time as it keeps the hassles
of carrying currency at bay. What wins it
accolades is the transparency and accessibility
with which it can operate. In addition, the
mobile payments market is gaining the favors of
governments who are now promoting guidelines to
banks asking them to encourage mobile payments.
The global mobile payments market is now eyeing
for an astonishing USD 3,300 billion valuation
with a 32 CAGR during the forecast period
(2018-2023). Report Sample https//www.marketres
earchfuture.com/sample_request/2922
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Market Research Analysis Mobile Payments
Market, By Mode of Payment (m wallet and mobile
money), Mode of Transaction (SMS, WAP, NFC), By
End Use Application (Retail, Entertainment,
Education, Healthcare, Hospitality) - Forecast
2023 Mobile payments market is estimated to have
a high growth potential in todays market. Mobile
payments are a cashless medium for day-to-day
transactions. A technology that enables users to
make immediate cashless payments by use of
smartphones. Browse Complete Report Details
https//www.marketresearchfuture.com/reports/mobil
e-payments-market-2922
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Scope of the Report This study provides an
overview of the global mobile payments market,
tracking four market segments across four
geographic regions. The report studies key
players, providing a five-year annual trend
analysis that highlights market size, volume, and
share for North America, Europe, Asia-Pacific,
and the Rest of the World. The report also
provides a forecast, focusing on the market
opportunities for the next five years for each
region. The scope of the study segments the
global automotive blockchain market by technology
type, application, provider, propulsion, vehicle
type, and region.
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Key Players The prominent players in the mobile
payments market are - Alipay.com (China),
Amazon.com, Inc. (U.S.), Apple (U.S.), Starbucks
Corporation (U.S.), PayPal holdings, Inc. (U.S.),
General Motors Company (U.S.), MasterCard
Incorporated (U.S.), Samsung Group (South Korea),
Paytm (India), Square, Inc. (U.S.) among others.
The major players in this market have adopted
the strategies such as geographic expansion,
product launch, collaboration, and mergers
acquisitions. The growth of the market vendors is
dependent on the market conditions, government
support, and industry development. Thus, the
vendors should focus on expanding, geographically
and improving the services.
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