Global M-Commerce Payments Market Overview:
Mobile commerce can be defined as electronic sales and commerce done by mobile. Mobile dominance and dependence are increasing and many mobile payment applications are being developed which allow consumers to pay conveniently. Cashless transactions are becoming a new trend and both of these can be considered as the major business growth influencers that can not be ignored.
- Increased Penetration of Smartphones all over the World
- Increased Internet Infrastructure across the Globe
- M-Commerce Payments Has Emerged As a Popular Payment Choice among Young and Affluent Consumers
- Dearth of Mobile Friendly Websites
- Security Issue
- Technology Integration Opportunities
- Utilization of Device-Specific Capabilities
- Lack of Awareness among the Underdeveloped Countries
- Diversified Regulations and Policies Present Across Regions
Some of the key players profiled in the report are Apple (United State), Mastercard (United State), Square, Inc. (United State), Visa (United State), Google (United State), Samsung (South Korea), ACI Worldwide Inc.(United State), DH Corporation (Canada), FIS (United State), PayPal (United State) and Fiserv (United State). Analyst at AdvanceMarketAnalytics see United States Players to retain maximum share of Global M-Commerce Payments market by 2025. Considering Market by End User Industry, the sub-segment i.e. Retail will boost the M-Commerce Payments market. Considering Market by Transaction, the sub-segment i.e. Mobile Retailing will boost the M-Commerce Payments market. Considering Market by Devices, the sub-segment i.e. Smart Devices will boost the M-Commerce Payments market.
According to Chineses Government, they made a regulation that most of the consumer will require all mobile payments to be cleared through the PBOC, and hence, all mobile payment transactions will begin to touch the hands of the Chinese Communist Party (CCP).
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global M-Commerce Payments market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in M-Commerce Payments market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes M-Commerce Payments Devices Manufacturers, M-Commerce Payments Devices Traders/Distributors, Technology Investors, Regulatory & Government Bodies, End Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.