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 $665.1 billion by 2017, and register a five-year
compound annual growth rate (CAGR) of 142.1% from 2012 to 2017.
RSS Feeds – Information Technology
Use this report for, but not limited to, the following reasons:
RSS Feeds – Information TechnologyUse this report for, but not limited to, the following reasons:
- Gain an overview of the global mobile wallet market
- Analyze global market trends, with data from 2011 and 2012, and projections of compound annual growth rates (CAGRs) through 2017
- Examine supporting equipment and technologies, including RFID, smartphones, and 4G technology
- Understand payment framework and challenges, and legislation and regulatory framework for devices and technologies
- Assess technologies, such as mobile commerce, mobile payments (taxis, hotels, phone bills and others, and entertainment events), premium messages, mobile Web payments, near-field communication (NFC), cloud computing, and social media
- Review comprehensive company profiles of major players
SAMPLE FIGURE
GLOBAL MOBILE WALLET MARKET BY APPLICATIONS, 2011-2017
($ MILLIONS)
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