According to a market report by Lucintel, the future of the global mobile wallet market looks promising with opportunities in the bank and third party payment markets. The global mobile wallet market is expected to grow with a CAGR of 12% from 2025 to 2031. The major drivers for this market are the increasing adoption of digital payment solutions, the rising usage of QR code transactions, and the growing demand for secure mobile wallets.A more than 150-page report to understand trends, opportunity and forecast in mobile wallet market to 2031 by type (open & semi-open and semi-closed & closed), application (banks and third party payment), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, open & semi-open is expected to witness higher growth over the forecast period.
Within the application category, third party payment is expected to witness higher growth.
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In terms of region, APAC is expected to witness the highest growth over the forecast period.
MasterCard, Apple, Amazon, Square, Citibank, Citrus Payment, Dwolla, Merchant Customer Exchange, Visa, Microsoft are the major suppliers in the mobile wallet market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]To get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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