The
relative gulf between the concept of mobile payment and its realization in the
marketplace has finally been bridged by recent advancements in mobile
technology, including smartphones and other mobile devices, particularly in the
financial service sectors. Moreover, service providers are collaborating to
provide one-stop solutions to the greatest challenges of mobile wallets with
respect to standardization, privacy, and security. Advances in mobile
technology and increasing adoption of the technology by consumers and business
will drive tremendous growth in this market for the foreseeable future.
BCC Research provides an in-depth analysis of the global market for mobile wallet technologies through its report Mobile Wallet Technologies: Global Markets. According to the report, this market was valued at $4.1 billion in 2011 and reached $8 billion in 2012. BCC Research projects the market to grow to $665.1 billion by 2017, and register a five-year compound annual growth rate (CAGR) of 142.1% from 2012 to 2017.
RSS Feeds – Information Technology
Use this report to:
BCC Research provides an in-depth analysis of the global market for mobile wallet technologies through its report Mobile Wallet Technologies: Global Markets. According to the report, this market was valued at $4.1 billion in 2011 and reached $8 billion in 2012. BCC Research projects the market to grow to $665.1 billion by 2017, and register a five-year compound annual growth rate (CAGR) of 142.1% from 2012 to 2017.
RSS Feeds – Information Technology Use this report to:
- Gain an overview of the global mobile wallet market.
- Analyze global market trends, with data from 2011 and 2012, and projections of compound annual growth rates (CAGRs) through 2017.
- Examine supporting equipment and technologies, including RFID, smartphones, and 4G technology.
- Understand payment framework and challenges, and legislation and regulatory framework for devices and technologies.
- Assess technologies, such as mobile commerce, mobile payments (taxis, hotels, phone bills and others, and entertainment events), premium messages, mobile Web payments, near-field communication (NFC), cloud computing, and social media.
- Review comprehensive company profiles of major players.
SAMPLE FIGURE
GLOBAL MOBILE WALLET MARKET BY APPLICATIONS, 2011-2017
($ MILLIONS)
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copy of this report (or any of its chapters) or to download the complimentary
introduction chapter, click here.
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