Summary

The global mobile payment market was valued at $7,280.2 billion in 2024, and is projected to reach $16,142.0 billion by 2034, growing at a CAGR of 8.1% from 2025 to 2034.
Mobile devices such as smartphones or tablets to perform any financial transactions is termed as mobile payment. It is a mode of payment replaced by cash or physical cards. increase the adoption of mobile payments in the market.
Increase in the penetration of smartphones and rise of e-commerce sector boost the growth of the mobile payment market. Moreover, government initiatives such as development of digital infrastructure and promotion of cashless transaction fuels the adoption of mobile payments. However, security and privacy concerns associated with unauthorized access, data breaches, and insufficient regulatory compliance hinder the adoption of mobile payment in the market. Nevertheless, increase in adoption of artificial intelligence for personalized financial services, fraud detection, and payments is projected to increase the growth of the mobile payment market during the forecast period. In addition, rise in demand for enhanced customer experience is opportunistic for the market growth.

Segment Review
The mobile payment market is segmented into end-user, transaction mode, and region. On the basis of end-user, the market is divided into personal and business. By transaction mode, the market is classified into mobile web payments, near-field communication, SMS direct carrier billing, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Takeaways
By End User, the personal segment held the largest share in the mobile payment market for 2024.
By Transaction Mode, the mobile web payments segment held the largest share in the mobile payment market for 2024.
Region-wise, Asia-Pacific held the largest market share in 2024. However, LAMEA is expected to witness the highest CAGR during the forecast period.
Competition Analysis
The report nestles the profiles of key players operating in the mobile payment market are Mastercard Incorporated., Google LLC, JPMorgan Chase & Co, PayPal Holdings, Inc., Samsung Electronics Co., Ltd., Apple Inc., VISA, INC., One 97 Communications Ltd, Boku Inc., WeChat Pay Hong Kong Limited, Moneris Solutions Corporation, N26 Bank SE, Adyen N.V., Vodafone Group Plc., Klarna Bank AB, Monzo Bank Limited, Stripe, Inc., Block, Inc., One MobiKwik Systems Ltd., and Alipay. These players have adopted various strategies to increase their market penetration and strengthen their position in the mobile payment industry.

Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the mobile payment market analysis from 2024 to 2034 to identify the prevailing mobile payment market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the mobile payment market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global mobile payment market trends, key players, market segments, application areas, and market growth strategies.

Additional benefits you will get with this purchase are:

● Quarterly Update and* (only available with a corporate license, on listed price)
● 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
● Free Upcoming Version on the Purchase of Five and Enterprise User License.
● 16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
● 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
● Free data Pack on the Five and Enterprise User License. (Excel version of the report)
● Free Updated report if the report is 6-12 months old or older.
● 24-hour priority response*
● Free industry updates and white papers.

Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)
● Technology Trend Analysis
● Regulatory Guidelines
● Additional company profiles with specific to client's interest
● Additional country or region analysis- market size and forecast
● Expanded list for Company Profiles
● Historic market data
● SWOT Analysis
● Volume Market Size and Forecast

Key Market Segments
By End User
● Personal
● Business

By Transaction Mode
● Mobile Web Payments
● Near-Field Communication
● SMS Direct Carrier Billing
● Others

By Region
● North America
○ U.S.
○ Canada
● Europe
○ UK
○ Germany
○ France
○ Spain
○ Italy
○ Rest of Europe
● Asia-Pacific
○ China
○ India
○ Japan
○ South Korea
○ Australia
○ Rest of Asia-Pacific
● LAMEA
○ Latin America
○ Middle East
○ Africa

● Key Market Players
○ WeChat Pay Hong Kong Limited
○ Alipay
○ Mastercard Incorporated.
○ JPMorgan Chase & Co.
○ Samsung Electronics Co., Ltd.
○ Apple Inc.
○ Boku Inc.
○ N26 Bank SE
○ One 97 Communications Ltd
○ Vodafone Group Plc.
○ Monzo Bank Limited
○ Stripe, Inc.
○ Block, Inc.
○ One MobiKwik Systems Ltd.
○ Google LLC
○ PayPal Holdings, Inc.
○ VISA, INC.
○ Adyen N.V.
○ Moneris Solutions Corporation
○ Klarna Bank AB

ページTOPに戻る

Table of Contents

CHAPTER 1: INTRODUCTION

1.1. Report description


1.2. Key market segments


1.3. Key benefits to the stakeholders


1.4. Research methodology

1.4.1. Primary research


1.4.2. Secondary research


1.4.3. Analyst tools and models


CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO perspective


CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope


3.2. Key findings

3.2.1. Top impacting factors


3.2.2. Top investment pockets


3.3. Porter’s five forces analysis
3.3.1. Moderate bargaining power of suppliers

3.3.2. Moderate to high threat of new entrants

3.3.3. Low threat of substitutes

3.3.4. Moderate to high intensity of rivalry

3.3.5. High bargaining power of buyers

3.4. Market dynamics

3.4.1. Drivers

3.4.1.1. Increasing penetration of smartphones

3.4.1.2. Growing e-commerce sector and online retail

3.4.1.3. Implementation of various government initiatives

3.4.2. Restraints

3.4.2.1. Security & privacy concerns

3.4.2.2. Resistance to new technology

3.4.3. Opportunities

3.4.3.1. Rapid advancements in payment technologies

CHAPTER 4: MOBILE PAYMENT MARKET, BY END USER
4.1. Overview

4.1.1. Market size and forecast

4.2. Personal
4.2.1. Key market trends, growth factors and opportunities

4.2.2. Market size and forecast, by region

4.2.3. Market share analysis by country

4.3. Business
4.3.1. Key market trends, growth factors and opportunities

4.3.2. Market size and forecast, by region

4.3.3. Market share analysis by country

CHAPTER 5: MOBILE PAYMENT MARKET, BY TRANSACTION MODE
5.1. Overview

5.1.1. Market size and forecast

5.2. Mobile Web Payments
5.2.1. Key market trends, growth factors and opportunities

5.2.2. Market size and forecast, by region

5.2.3. Market share analysis by country

5.3. Near-Field Communication
5.3.1. Key market trends, growth factors and opportunities

5.3.2. Market size and forecast, by region

5.3.3. Market share analysis by country

5.4. SMS Direct Carrier Billing
5.4.1. Key market trends, growth factors and opportunities

5.4.2. Market size and forecast, by region

5.4.3. Market share analysis by country

5.5. Others
5.5.1. Key market trends, growth factors and opportunities

5.5.2. Market size and forecast, by region

5.5.3. Market share analysis by country

CHAPTER 6: MOBILE PAYMENT MARKET, BY REGION
6.1. Overview

6.1.1. Market size and forecast By Region

6.2. North America
6.2.1. Key market trends, growth factors and opportunities

6.2.2. Market size and forecast, by End User

6.2.3. Market size and forecast, by Transaction Mode

6.2.4. Market size and forecast, by country
6.2.4.1. U.S.

6.2.4.1.1. Market size and forecast, by End User
6.2.4.1.2. Market size and forecast, by Transaction Mode

6.2.4.2. Canada

6.2.4.2.1. Market size and forecast, by End User
6.2.4.2.2. Market size and forecast, by Transaction Mode

6.3. Europe
6.3.1. Key market trends, growth factors and opportunities

6.3.2. Market size and forecast, by End User

6.3.3. Market size and forecast, by Transaction Mode

6.3.4. Market size and forecast, by country
6.3.4.1. UK

6.3.4.1.1. Market size and forecast, by End User
6.3.4.1.2. Market size and forecast, by Transaction Mode

6.3.4.2. Germany

6.3.4.2.1. Market size and forecast, by End User
6.3.4.2.2. Market size and forecast, by Transaction Mode

6.3.4.3. France

6.3.4.3.1. Market size and forecast, by End User
6.3.4.3.2. Market size and forecast, by Transaction Mode

6.3.4.4. Spain

6.3.4.4.1. Market size and forecast, by End User
6.3.4.4.2. Market size and forecast, by Transaction Mode

6.3.4.5. Italy

6.3.4.5.1. Market size and forecast, by End User
6.3.4.5.2. Market size and forecast, by Transaction Mode

6.3.4.6. Rest of Europe

6.3.4.6.1. Market size and forecast, by End User
6.3.4.6.2. Market size and forecast, by Transaction Mode

6.4. Asia-Pacific
6.4.1. Key market trends, growth factors and opportunities

6.4.2. Market size and forecast, by End User

6.4.3. Market size and forecast, by Transaction Mode

6.4.4. Market size and forecast, by country
6.4.4.1. China

6.4.4.1.1. Market size and forecast, by End User
6.4.4.1.2. Market size and forecast, by Transaction Mode

6.4.4.2. India

6.4.4.2.1. Market size and forecast, by End User
6.4.4.2.2. Market size and forecast, by Transaction Mode

6.4.4.3. Japan

6.4.4.3.1. Market size and forecast, by End User
6.4.4.3.2. Market size and forecast, by Transaction Mode

6.4.4.4. South Korea

6.4.4.4.1. Market size and forecast, by End User
6.4.4.4.2. Market size and forecast, by Transaction Mode

6.4.4.5. Australia

6.4.4.5.1. Market size and forecast, by End User
6.4.4.5.2. Market size and forecast, by Transaction Mode

6.4.4.6. Rest of Asia-Pacific

6.4.4.6.1. Market size and forecast, by End User
6.4.4.6.2. Market size and forecast, by Transaction Mode

6.5. LAMEA
6.5.1. Key market trends, growth factors and opportunities

6.5.2. Market size and forecast, by End User

6.5.3. Market size and forecast, by Transaction Mode

6.5.4. Market size and forecast, by country
6.5.4.1. Latin America

6.5.4.1.1. Market size and forecast, by End User
6.5.4.1.2. Market size and forecast, by Transaction Mode

6.5.4.2. Middle East

6.5.4.2.1. Market size and forecast, by End User
6.5.4.2.2. Market size and forecast, by Transaction Mode

6.5.4.3. Africa

6.5.4.3.1. Market size and forecast, by End User
6.5.4.3.2. Market size and forecast, by Transaction Mode

CHAPTER 7: COMPETITIVE LANDSCAPE
7.1. Introduction

7.2. Top winning strategies

7.3. Product mapping of top 10 player

7.4. Competitive dashboard

7.5. Competitive heatmap

7.6. Top player positioning, 2024

CHAPTER 8: COMPANY PROFILES
8.1. Google LLC
8.1.1. Company overview

8.1.2. Key executives

8.1.3. Company snapshot

8.1.4. Operating business segments

8.1.5. Product portfolio

8.1.6. Business performance

8.1.7. Key strategic moves and developments

8.2. JPMorgan Chase & Co
8.2.1. Company overview

8.2.2. Key executives

8.2.3. Company snapshot

8.2.4. Operating business segments

8.2.5. Product portfolio

8.2.6. Business performance

8.2.7. Key strategic moves and developments

8.3. PayPal Holdings, Inc.
8.3.1. Company overview

8.3.2. Key executives

8.3.3. Company snapshot

8.3.4. Operating business segments

8.3.5. Product portfolio

8.3.6. Business performance

8.3.7. Key strategic moves and developments

8.4. Samsung Electronics Co., Ltd.
8.4.1. Company overview

8.4.2. Key executives

8.4.3. Company snapshot

8.4.4. Operating business segments

8.4.5. Product portfolio

8.4.6. Business performance

8.4.7. Key strategic moves and developments

8.5. Apple Inc.
8.5.1. Company overview

8.5.2. Key executives

8.5.3. Company snapshot

8.5.4. Operating business segments

8.5.5. Product portfolio

8.5.6. Business performance

8.5.7. Key strategic moves and developments

8.6. Mastercard Incorporated.
8.6.1. Company overview

8.6.2. Key executives

8.6.3. Company snapshot

8.6.4. Operating business segments

8.6.5. Product portfolio

8.6.6. Business performance

8.6.7. Key strategic moves and developments

8.7. VISA, INC.
8.7.1. Company overview

8.7.2. Key executives

8.7.3. Company snapshot

8.7.4. Operating business segments

8.7.5. Product portfolio

8.7.6. Business performance

8.7.7. Key strategic moves and developments

8.8. One 97 Communications Ltd
8.8.1. Company overview

8.8.2. Key executives

8.8.3. Company snapshot

8.8.4. Operating business segments

8.8.5. Product portfolio

8.8.6. Business performance

8.8.7. Key strategic moves and developments

8.9. Boku Inc.
8.9.1. Company overview

8.9.2. Key executives

8.9.3. Company snapshot

8.9.4. Operating business segments

8.9.5. Product portfolio

8.9.6. Business performance

8.9.7. Key strategic moves and developments

8.10. Moneris Solutions Corporation
8.10.1. Company overview

8.10.2. Key executives

8.10.3. Company snapshot

8.10.4. Operating business segments

8.10.5. Product portfolio

8.10.6. Key strategic moves and developments

8.11. N26 Bank SE
8.11.1. Company overview

8.11.2. Key executives

8.11.3. Company snapshot

8.11.4. Operating business segments

8.11.5. Product portfolio

8.11.6. Key strategic moves and developments

8.12. Adyen N.V.
8.12.1. Company overview

8.12.2. Key executives

8.12.3. Company snapshot

8.12.4. Operating business segments

8.12.5. Product portfolio

8.12.6. Business performance

8.12.7. Key strategic moves and developments

8.13. WeChat Pay Hong Kong Limited
8.13.1. Company overview

8.13.2. Key executives

8.13.3. Company snapshot

8.13.4. Operating business segments

8.13.5. Product portfolio

8.13.6. Key strategic moves and developments

8.14. Alipay
8.14.1. Company overview

8.14.2. Key executives

8.14.3. Company snapshot

8.14.4. Operating business segments

8.14.5. Product portfolio

8.14.6. Key strategic moves and developments

8.15. Vodafone Group Plc.
8.15.1. Company overview

8.15.2. Key executives

8.15.3. Company snapshot

8.15.4. Operating business segments

8.15.5. Product portfolio

8.15.6. Business performance

8.15.7. Key strategic moves and developments

8.16. Klarna Bank AB
8.16.1. Company overview

8.16.2. Key executives

8.16.3. Company snapshot

8.16.4. Operating business segments

8.16.5. Product portfolio

8.16.6. Key strategic moves and developments

8.17. Monzo Bank Limited
8.17.1. Company overview

8.17.2. Key executives

8.17.3. Company snapshot

8.17.4. Operating business segments

8.17.5. Product portfolio

8.17.6. Business performance

8.17.7. Key strategic moves and developments

8.18. Stripe, Inc.
8.18.1. Company overview

8.18.2. Key executives

8.18.3. Company snapshot

8.18.4. Operating business segments

8.18.5. Product portfolio

8.18.6. Key strategic moves and developments

8.19. Block, Inc.
8.19.1. Company overview

8.19.2. Key executives

8.19.3. Company snapshot

8.19.4. Operating business segments

8.19.5. Product portfolio

8.19.6. Business performance

8.19.7. Key strategic moves and developments

8.20. One MobiKwik Systems Ltd.
8.20.1. Company overview

8.20.2. Key executives

8.20.3. Company snapshot

8.20.4. Operating business segments

8.20.5. Product portfolio

8.20.6. Business performance

8.20.7. Key strategic moves and developments