HTF MI recently introduced Global Proximity Mobile Payment Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2024-2032). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are PayPal, Square, Google Pay, Apple Pay, Samsung Pay, Venmo, Alipay, WeChat Pay, Zelle, Adyen.
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According to HTF Market Intelligence, the Global Proximity Mobile Payment market is expected to grow from 15 Billion USD in 2023 to 40 Billion USD by 2032, with a CAGR of 25% from 2024 to 2032.
The Proximity Mobile Payment market is segmented by Types (Mobile Wallets, Contactless Payments, QR Code Payments, NFC Payments, In-app Payments), Application (Retail, E-commerce, Transportation) and by Geography (North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA).
Definition:
Proximity Mobile Payment refers to a payment method where transactions are made using a mobile device at a point-of-sale terminal through near-field communication (NFC) technology.
Dominating Region:
- North America, Asia-Pacific
Fastest-Growing Region:
- Asia-Pacific
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The titled segments and sub-section of the market are illuminated below:
In-depth analysis of Proximity Mobile Payment market segments by Types: Mobile Wallets, Contactless Payments, QR Code Payments, NFC Payments, In-app Payments
Detailed analysis of Proximity Mobile Payment market segments by Applications: Retail, E-commerce, Transportation
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
- The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
- North America (United States, Mexico & Canada)
- South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
- Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
- Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
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Proximity Mobile Payment Market Research Objectives:
– Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
– To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
– To analyze the with respect to individual future prospects, growth trends and their involvement to the total market.
– To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
– To deliberately profile the key players and systematically examine their growth strategies.
FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
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Points Covered in Table of Content of Global Proximity Mobile Payment Market:
Chapter 01 – Proximity Mobile Payment Executive Summary
Chapter 02 – Market Overview
Chapter 03 – Key Success Factors
Chapter 04 – Global Proximity Mobile Payment Market – Pricing Analysis
Chapter 05 – Global Proximity Mobile Payment Market Background or History
Chapter 06 — Global Proximity Mobile Payment Market Segmentation (e.g. Type, Application)
Chapter 07 – Key and Emerging Countries Analysis Worldwide Proximity Mobile Payment Market
Chapter 08 – Global Proximity Mobile Payment Market Structure & worth Analysis
Chapter 09 – Global Proximity Mobile Payment Market Competitive Analysis & Challenges
Chapter 10 – Assumptions and Acronyms
Chapter 11 – Proximity Mobile Payment Market Research Methodology
Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, LATAM, Europe, Japan, Australia or Southeast Asia.
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