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Single User License: Mobile Money Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019
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REPORT DESCRIPTION
Transparency Market Research Reports incorporated a definite business overview and investigation inclines on "Mobile Money Market". This report likewise incorporates more illumination about fundamental review of the business including definitions, requisitions and worldwide business sector industry structure. Transparency Market Research’s report on the mobile money market offers incisive data with regard to the size, growth, and forecast of this market. Mobile money refers to financial transactions performed via a mobile device instead of paying with credit cards, cash or check. With the growth in the mobile phone market and rapid development of the telecommunications sector, the applications of a cell phone have increased. Furthermore, the global internet penetration and introduction of 2G, 3G and 4G networks has given rise to mobile payment or mobile money. This report focuses on the mobile money market as a means of providing opportunities to the various elements that make up the industry such as mobile phone manufacturers, application developers, telecommunication service providers, financial institutions, money transfer agents, and mobile money platform providers. Browse Full Report with TOC: http://www.transparencymarketresearch.com/mobile-money-market.html The research study analyzes the various factors driving the growth of the mobile money market and the challenges that pose as a risk to its development. In addition to this, the report also lists opportunities that are likely to help the expansion of the industry.
Overview The report by Transparency Market Research attributes the ever-growing smartphone industry as the main reason for the growth of the mobile money market, accompanied by rising mobile data usage. What drives the industry is mainly that mobile phones and internet connectivity has penetrated even those regions that either do not require or cannot afford to have physical banking branches. The segments that benefit most from the trend of mobile money are cell phone service providers who are looking to venture into newer areas, as well as financial institutions that wish to extend their services and expand their customer base. However, what poses a threat to the growth of the sector is the question of security in a cashless economy.
Presently, Europe and North America hold a majority of the market share and, as per the report, are believed to boost the industry at an annual growth rate of more than 70%. Emerging economies in the BRIC region are expected to play a huge role in the market, thanks to the rapid development of the IT and electronics sector. Based on sectors that mobile money applications are used, the market is segmented into media and entertainment, banking and financial services, consumer goods and retail, telecommunications and hospitality. The various modes of transactions include SMS, direct mobile billing, smartcards or near field communication (NFC), mobile web or wireless application protocol (WAP), systems tool kit (STK), or unstructured supplementary service data (USSD).
Companies mentioned in the market research report The report on mobile money market features leading industry players such as Google, Xius, PayPal, Luup, Vesta, Sybase, Yellow Pepper, Cornviva, Utiba and Obopay. Other important competitors include eServ Global Ltd., Aepona, Gemalto, C-SAM, Don River, MasterCard, Monitise, Visa, and mFoundry. Read More Reports on Technology & Media Markets: http://www.transparencymarketresearch.com/technology-marketreports-8.html This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
North America
Asia Pacific
Europe
Rest of the World
This report provides comprehensive analysis of
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. Reasons for Buying this Report
This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
It provides distinctive graphics and exemplified SWOT analysis of major market segments
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About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
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