Future Prospects of France Digital Wallet Market
DESCRIPTION France Digital Wallet market was valued at US$4,176.876 million in 2019. The country is witnessing a rise in online payment transactions, driven by a rise in the penetration of smart phones and internet connectivity in the country. According to the World Bank Data, the percentage of the population using the internet in France rose from 78.01 in 2015 to 82.04 in 2018. According to the Banque de France, there has been a decline in the use of national payment instruments such as trade bills and cheques by people in the country. As such, the total value of non-cash payment increased by 3 percent to EUR27 billion, with e-money usage surged by 47 percent between 2015 and 2016.
Some Key Questions Answered By The Report
▪What will be France Digital Wallet Market from 2020 to 2025? ▪How are the major drivers and restraints affecting the France Digital Wallet Market. ▪Growth and the opportunities which exist for key vendors? ▪Which segment and region will drive or lead the market growth and why?
Rising Demand Which Impact On Market Growth The rapidly growing e-commerce industry in France is also a significant driver that is fueling the market growth of digital wallet in the country. People are increasingly using digital wallets and other mobile payment methods in order to pay for online transactions. Along with digital wallet vendors, telecommunications companies and retailers are also entering this lucrative market which will continue to drive the digital market growth in France during the next five years. For example, French multinational telecommunications corporation Orange launched the mobile wallet app Orange Cash in 2015 and entered the mobile payments market. The app allows users, with NFC-enabled smartphones, to pay with a tap at any contactless Visa terminal across the country.
SEGMENT ANALYSIS
We have included all segments of this market in market research report.
France Digital Wallet market has been segmented by device and application.
For complete segment information visit us
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CONCLUSION
ď‚Ą Major players in the France Digital Wallet market have been covered along with
their relative competitive position and strategies. ď‚Ą The report also mentions recent deals and investments of different market
players over the last year. ď‚Ą The company profiles section details the business overview, financial
performance for the past three years, key products and services being offered along with the recent developments of these important players in the France Digital Wallet market.
COMPANY PROFILES Lemon Way PayPal Apple Inc.
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